It's Back to School: A Top Financial Planning Degree Program Partners with Finect on Social Media Education

NEW YORK, Aug. 22, 2013 /PRNewswire/ -- An effort to educate college financial planning students about how to use the growing medium of social media in their practices is under way.

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Texas Tech University's (TTU) Personal Financial Planning Department and Finect  -- the compliant social media platform – announced a collaboration today.  It will feature the integration of social media into coursework – including technology, marketing and entrepreneurship programs.

"Students are savvy on social media but not for professional purposes," says Deena Katz, author and assistant professor at TTU. "That's why we're excited to partner with Finect and provide our students the resources to use simple, compliant social media and be ready to enter the working world."

The financial planning industry is offering better-than-average job prospects for skilled students. The U.S. Bureau of Labor Statistics projects job growth in the sector of 32 percent from 2010 to 2020, more than double the average of all occupations.

Jeremy Ransom, 24, who served in Afghanistan, says he's excited by the new program. "The way the American population consumes information has changed," he says. "In the eyes of many, if it's not on social media, it's non-existent."

In addition to learning the Finect tools as part of their technology coursework, TTU students will also be operating two groups within the Finect platform: a private group enabling the student Board of Directors to exchange ideas and information, and an open group for members of TTU's Personal Financial Planning Association.

Assistant Professor Barry Mulholland says the department has over $5 million in gifts from tech firms. "The industry understands that these young people are asked to come in and lead these efforts for the firm, so it's up to us to get students tech-ready to enter a very dynamic industry."

Finect offers simple, compliant social media for financial advisors, asset managers and others in the financial industry.  Texas Tech University operates the nation's largest personal financial planning degree programs with more than 200 students annually seeking undergraduate and graduate degrees, including the first Ph.D. in personal financial planning.

SOURCE Finect