Those who remember College Bowl days will find a few similarities in the competition launched under the auspices of the Financial Planning Association (FPA), the Academy of Financial Services, Ameriprise Financial, and the Certified Financial Planner Board of Standards, Inc. (CFP Board).
The 2010 Financial Planning Challenge will pit students in college and university programs registered with the CFP Board, and those in similar fields of study, against one another in a three-part competition: first, a financial planning case study; second, the "How Do You Know Challenge" – think Trivial Pursuit focused exclusively on knowledge of financial planning; and third, presentation of financial planning case studies.
Aimed at driving the success of the next generation of financial planners, the competition cites three purposes in its newly developed competition: "engaging students and program directors in the financial planning community; raising awareness of career opportunities; and encouraging learning and networking in the financial planning profession."