Utilizing Experiential Learning Techniques in a Financial Planning Program: Allowing Students to Learn from Themselves

Abstract

We describe and provide several illustrations of experiential learning activities used in an introductory financial planning class as part of a CFP Board Registered Program. Examples include Awareness and Interview Exercises where students are afforded the opportunity to learn and receive course credit for examining and analyzing financial planning situations directly related to the students.  We have found the use of these exercises better prepares students for class, enriches class discussions, and stimulates meaningful conversations between students and family members on the importance of financial planning.