Career Path: Campus Financial Counseling Center
Director of a campus based Student Money Management or Financial Counseling Center;
Director of Financial Literacy
What You Will Do:
Direct campus efforts to increase financial literacy and capability among university students. Depending on the needs of the University and the department they report to responsibilities may include:
- Coordinate efforts of students who either volunteer or are paid to provide financial counseling services to other students on campus (and occasionally faculty, staff and community members).
- Develop and implement strategies to deliver personal finance information to students across campus and assist students to apply the concepts taught.
- Collaborate with faculty/staff in other departments to develop initiatives to improve student retention and loan default rates.
What Knowledge, Skills and Abilities Will Make You Successful:
Financial counseling skills: Directors of campus based student money management/financial counseling centers need to have a strong skill-set of how to help people dealing with financial challenges.
Working with volunteer staff: Many Directors work with a volunteer staff of students that changes every semester. Due to graduation and the addition of new students each semester training is an important part of this position.
Where You Should Start:
While some positions require a Bachelor’s Degree many require a minimum of a Master’s degree in a related field (Personal Financial Planning is most common), as well as the Accredited Financial Counselor (AFC®) certification. Some positions may also require the Certified Financial Planner (CFP®) certification.
You may start off either as an Assistant Director, or Director, of Financial Literacy or of the Student Financial Center. Networking in this area can be very helpful in learning about possible job opportunities
Directors work under either a department chair within a department or directly under Student Affairs. Most have a lot of autonomy about meeting agreed-upon goals.
Your Salary Potential: