Financial Literacy Program

About the Program

What is the Financial Literacy Program?

The Boehly Center Financial Literacy Program is a student run, non-credit, certificate granting program offered by the Boehly Center for Excellence in Finance at the Mason School of Business.  It seeks to provide students with a working knowledge of basic personal finance concepts in critical areas such as personal budgeting, student loans and personal credit, the economics of higher education, insurance and taxes, and saving and investment for retirement. This program is open to all current W&M undergraduate students.

Why is financial literacy important?

Your finances will affect every aspect of your life. Effective money management can ensure a more stable marriage, your ability to afford new experiences, and greater personal freedom. A lack of financial awareness will lead to poor outcomes:

  • Over 40 percent of Americans cannot afford a $400 emergency expense
  • 43 percent of student loan borrowers are not making payments
  • 38 percent of US households have credit card debt

Our program will help you plan for your desired lifestyle and avoid costly mistakes. In the long run, financial literacy will provide a sense of freedom and a boost to happiness. We provide seminars, one-on-one tutoring, and financial workshops for student groups.

Our Mission:

Important financial decisions can be overwhelming, especially to new college graduates. Our goal is to provide information and resources to help you make informed choices.

How does the certificate program work?

The FLP certificate program will be offered twice each academic year, once in the fall term and once in the spring term.  The program will consist of an in-person seminar on a Saturday, along with a series of assigned instructional exercises to be completed by students afterwards.  Students who satisfactorily complete the entire program will be granted a Certificate of Completion from the Boehly Center.  Students may participate in the program even if they do not seek certification, and students may take the program more than once, space permitting.

How do I register for the Program?

When the next FLP session is scheduled, students will be able to register using the link below.  Please note that if you register we expect you to attend the session or notify us in advance if you find that you cannot attend for any reason.  Students who know they cannot attend should not sign up for the program.

The Team

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Professor Carl Tack is a Visiting Lecturer in Finance at the Mason School and currently serves as Co-Director of the Boehly Center and as Faculty Advisor to the Financial Literacy Program. Professor Tack is a graduate of the College of William & Mary (Economics 1978) and the University of Chicago Law School (JD 1981). Following graduation, Mr. Tack worked as a corporate attorney representing private equity and venture capital firms at Kirkland &Ellis (Chicago) and then worked for 25 years as an investment banker for Salomon Brothers, Merrill Lynch and Deutsche Bank, initially in Chicago and then in London.  Mr. Tack also worked briefly in Dubai, as a partner in an international management consulting firm focused on the telecoms industry. Professor Tack currently teaches courses in financial institutions and corporate finance in the W&M undergraduate and MBA programs.  He has previously taught at London Business School (London and Dubai),  Imperial College London and the W&M Law School.  He serves as a board member of the Tredegar Corporation, Richmond, where he has been a member of the audit, governance, compensation, and strategic finance committees.

Samantha Gordon, class of 2020, is focusing on the marketing components of the FLP. Samantha is a finance major and economics minor from Gainesville, VA with a desire to pursue a career in corporate law following graduation. Samantha serves as Vice President: Finance of the Delta Gamma Sorority, and is an active member of Smart Women Securities, Finance Academy, and Women in Business. Samantha spent the Summer of 2017 serving as a Finance Intern for IACS, Inc., a security company in the Northern Virginia area. During the Summer of 2018, Samantha worked as a Regulatory Affairs Intern for Stateside Associates where she monitored and forecasted regulation on the national, state, and local levels for Fortune 300, 400, and 500 companies.

Jason Lee, class of 2019, is an officer of the Howard J. Busbee Finance Academy and is a Subject Matter Expert on the Economics and Financing of Higher Education. He is a Finance major, with a concentration in Marketing and minor in Psychology, from Springfield, VA. Jason is currently pursuing a career in consulting, and has held internships at a startup called Cheerful Giving and IBM as an Account Executive and Financial Analyst.

Adam O’Connell, class of 2020, is a Subject Matter Expert for Saving and Investing for Retirement, as well as Tax. Adam is an Accounting major with a Finance concentration, from Vienna, VA. He has worked for a regional accounting firm and will start with Ernst & Young in 2019. He focuses on corporate taxation, but has also been a Volunteer Income Tax Assistant in the local Williamsburg community.

Jake Elton, class of 2020, is a Student Mentor from Roanoke, VA. He is majoring in Finance with a concentration in Management and Organizational Leadership and minoring in Psychology, Jake is a member of the Kappa Sigma Fraternity and is also involved with the Bone Marrow Drive Club. In Spring 2018, Jake started tutoring for the William and Mary Online MBA program.

Greg Renn, class of 2019, Subject Matter Expert on Personal Budgeting. Greg is a Finance and International Relations Major with a concentration in Accounting, from Annandale, Virginia. Greg Renn is an active member of the Student Managed Investment Fund and is a TA within the MBA program. Greg is currently pursuing a career in investing and corporate finance and has spent the last Summer working in Business Development.

Raman Khanna, class of 2021, is a Subject Matter Expert for Investing. He is a Finance major and a computer science minor from Dunn Loring, VA. He has interned in public sector advisory at Grant Thornton as well as in private equity at Long Point Capital. He will be interning at Dominion Energy this upcoming summer as a CFO Finance Intern. On campus he is involved in the Undergraduate Honor Council and Finance Academy.

Anna Theirl, class of 2021, is a Subject Matter Expert for Student Loans with the FLP. She is from Dallas, TX and is majoring in Finance. She has previous experience with teaching financial literacy to middle school students.

Ana Murias, class of 2020, is a Subject Matter Expert for Personal Credit. She is originally from Richmond, VA and is currently majoring in Finance with a concentration in Accounting and a Data Science minor. Ana is looking to work in Corporate Finance and spent her summer interning at Amazon as a Financial Analyst. She is currently Vice President of Finance of a social sorority, involved in Women in Business and Finance Academy, a Tribe Ambassador, and on William & Mary’s Conduct Council.

Cherry Wang, class of 2020, is a Subject Matter Expert for Personal Budgeting. She is from Charlottesville, VA and majoring in Finance and minoring in Economics. This past summer, she was an intern at Cocoon Capital Partners, a Venture Capital firm based in Singapore. Previously, she has worked as a bank teller at the University of Virginia Community Credit Union, and as an intern at a startup based in Philadelphia. Outside of academics, she is involved with the Peer Advising program, along with Pineapple Kids.

Caity Farr, class of 2020, serves as Team Coordinator for the FLP, as well as a Subject Matter Expert on Insurance. She is a Finance major from Haymarket, VA. Caity spent the summer after her freshman year with the FDA creating Microsoft Excel and Access databases to organize data on toxic impurities in drugs. She spent the past summer at Dominion Energy in Richmond, working in financial planning and analysis.

Sean Tran

FLP Certificate Program (Spring 2019)

  • The 2019 spring program was held on Saturday,March 16, from 10am-4pm in Miller Hall (Mason School of Business).
  • Certificate seeking students were required to complete a series of short proficiency exercises in these subject matters: personal budgeting, student loans and personal credit, the economics of higher education (grad school), insurance and taxes, and saving and investing for retirement.  Non-certificate students were not required to complete the exercises.
  • Students seeking a Certificate of Completion who did not complete all of the assigned proficiency exercises, may attend future FLP sessions and/or complete the exercises subsequently. There is no time deadline for completion of the exercises or awarding of the certificate.
  • Prior to a FLP session, students should have completed reading Beth Kobliner’s book, Get a Financial Life: Personal Finance in your Twenties and Thirties (available on Amazon for around $10).

Subject Matter Modules and Proficiency Exercises

  • Personal budgeting
  • Student loans and personal credit
  • The economics higher education (grad school)
  • Insurance and taxes
  • Saving and investing for retirement