Grand Canyon University (GCU) in Phoenix received a grant from Charles Schwab to create a new finance learning center focused on providing a workforce pipeline for the Registered Investment Advisor industry.
The school’s Colangelo College of Business (CCOB) will use the multi-year grant to create the Charles Schwab Foundation Learning Center and expand the college’s financial planning degree programs. This grant will also provide academically qualified students with scholarship funding.
“Financial literacy is crucial to learn at all ages and to help in the responsible management to impact a family’s generations,” said CCOB Dean Dr. Randy Gibb, who added that the center will be made available to employees and the community as well.
Hub for classes, clubs and certifications to open in fall
The center is set to open for the fall 2021 semester and will be built in the business school’s existing 150,000-square-foot college of business. It will create a home for finance classes and finance clubs, provide a destination for guest speakers on investing and financial literacy, and help address the critical need for more certified financial planners, school officials said.
It also will be the site of students’ preparation for the Security Industry Essentials (SIE) exam, a relatively new requirement for financial services professionals that has been part of the CCOB curriculum for two years
The industry topics supported in the degree program are introduction to investments, portfolio management, financial risk