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, Consumer Credit, Student Loans, Grad School Economics, Insurance, Taxes, and Investment. This program is open to all current W&M undergraduate students.

Why should I do this?

Many students find that they leave college without even a basic understanding of personal finance and without the tools to help them make informed personal financial decisions, and the mistakes they make as a result can be quite costly.  Many of your parents would also like to see you better educated in this regard before you leave W&M, so completing this program will also help you get your parents off your back (for now at least).

How does the program work?

The FLP certificate program will be offered twice over the span of each academic year, once in the fall term and once in the spring term.  The program will consist of one half-day Saturday class session, with a series of assigned instructional exercises to be completed by students afterwards.  Students who satisfactorily complete the entire program will be granted a Financial Literacy Proficiency Certificate 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. Students may also sign up for the FLP Blackboard to receive resources and materials.

How do I register for the Program?

You can register using the link below.  Please note that if you register we expect you to attend the Saturday 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.

If you do not intend to participate in the program, but are still interested in learning more, please use the link below to request access to the Financial Literacy Program Blackboard. This is will give you access to the resources, materials, and exercises used by the team. You will not attend the Saturday session and your exercises will not be graded.

All those who are signed up for the program will automatically be added to the Blackboard.

The Team

carl-tack-sm

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.

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.

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.

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.

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.

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.

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.

 

FLP Certificate Program (Fall 2018)

  • Program date:  February 2nd
  • The fall program has one Saturday session, to be held from 10am-4pm (including lunch) in Miller Hall (the Business School).
  • Certificate seeking students are required to complete a series of short proficiency exercises in these subject matters: personal budgeting, consumer credit, student loans, the economics of grad school, insurance, taxes, and investing.  Non-certificate students are not required to complete the exercises, but the exercises are all educational and some of them are even fun, so why not try?
  • Certificate students who cannot attend both, or who do not complete all of the assigned proficiency exercises, may attend future Saturday sessions and/or complete the exercises subsequently. You will earn your certificate when you complete the work, with no pressure from us on timing.  You can even do this on your holiday breaks, what fun!
  • For the Saturday sessions, students should bring laptops with them.  You will need to access various online resources during each session.
  • All students should read this book at some point during the program, ideally before working on the related proficiency exercises:  Kobliner, Get a Financial Life: Personal Finance in your Twenties and Thirties ($10 on Amazon).

Subject Matter Modules and Proficiency Exercises

  • Personal Budgeting
  • Consumer Credit
  • Student Loans
  • The Economics of Grad School
  • Insurance
  • Taxes
  • Investing