Wealth Management Workshop | Bachelor's Degree in Business

The WMW, directed by Professors Gregory Renn and Bob Musumeci, seeks to prepare passionate and determined Kelley finance students for careers in wealth management. 

Admitted Workshop members will complete 19.5 credit hours of coursework over their first (sophomore), second (junior), and third (senior) years in the program. 10.5 of these credits overlap with the Kelley finance major and the other 9.0 credits are Workshop-required courses. 

First-year students will be provided professional development opportunities such as alumni events, a case competition, Indianapolis, Chicago, and New York firm trips, and the RIA Connections Day. Additionally, members will build key technical and professional skills through weekly Workshop meetings that position them for success in junior summer internships. 

During their second year, members will have the opportunity to network with wealth management firms that visit Indiana University and engage directly with the workshop. Members will also continue to strengthen their technical skills, earning certifications in eMoney and Holistiplan. 

Third-year members completing their CFP education coursework will become eligible to take the CFP® exam immediately after graduation. 

Professional Development Opportunities

CFP education completion
Alumni events
Firm trips to Indianapolis, Chicago, and New York 
Firm visits (WMW hosts firms at IU)
RIA Connections Day
Keynote speakers
Mentorship Program
Specialization in Wealth Management
eMoney and Holistiplan Certifications
Lectures from program directors and the leadership team covering key technical and professional topics in wealth management

Many successful applicants to the WMW are members of the FPA Club. 

The FPA Club is directly correlated with the Financial Planning Association (FPA), a professional membership organization for financial planners. The FPA Club aims to follow in the footsteps of financial planning professionals, exposing students to financial planning concepts and the wealth management industry. Through the FPA Club, students will build confidence in speaking about the market, get prepared to pass the SIE Exam, and gain insight into the Wealth Management Workshop through meeting WMW leaders and members. The FPA Club does not require an application and is open to any student. Whether you're interested in becoming a financial planner, joining the WMW, or simply learning more about finance and investing, the FPA Club is a great place to build your knowledge, expand your network, and develop professionally.

Workshop Application and Admission

Second year students majoring in Finance

Consistent eagerness to grow, receive feedback, and deepen understanding 
A commitment to working in a team-oriented and professional environment 
Strong character, reliability, and personal conduct that reflect the standards expected of fiduciaries
Meaningful involvement outside the classroom
Leadership experiences that demonstrate initiative, ownership, and impact 
Curiosity to explore the Workshop’s opportunities, whether through professional networking or engagement with WMW members and alumni
Strong communication skills during networking chats, a thoughtful application, and impressive performance on behavioral and technical interviews
Completion of the Amplified Planning Externship, the Series 65 exam, and/or the Securities Industry Essentials (SIE) exam
Strong GPA

Interested applicants will attend the WMW Fall Callout Meeting on Wednesday September 2nd. The callout meeting is MANDATORY, and attendance will be taken. Applicants who do not attend will not be considered. 

Following the callout, all applicants to the WMW will complete a standardized three-round application process.

The first round consists of mandatory networking chats between applicants and current WMW members. These conversations are evaluated based on professionalism, communication skills, genuine interest in wealth management, and foundational technical knowledge. These chats will occur from September 3rd to September 25th. Applicants will be emailed regarding their application status shortly after the networking process.  

The second round consists of a written application. This will open on September 28th, 12:00 AM and will close on October 2nd, 11:59 PM. No late submissions will be accepted. Applicants will be emailed regarding their application status shortly after. 

The third and final round will consist of two interviews spread over two weeks, one per week. The first interview will be behavioral and the second will be technical. They will begin on October 6th and conclude on October 16th. Applicants will be emailed regarding the date, time, and location of their interviews. 

Final decisions will be released no later than October 19th.

WMW Application Timeline

September 2nd – Mandatory Call-Out
September 3rd - 25th - Networking with Members
September 28th - October 2nd - Essay Application
October 6th - 9th - Behavioral Interviews
October 12th - 16th - Technical Interviews
October 19th - Final Decisions

Apply now

Core Competencies, Courses, and Careers

Fundamentals of Financial Planning: Introduction to financial planning process, standards and ethics, time value of money, personal financial statements, and budgeting
Investments Planning: Investment management theories and strategies, portfolio management, asset allocation and diversification
Behavioral Financial Planning: Identifying cognitive biases and heuristics; learning how a client's psychology affects their financial planning process
Tax Planning: Tax compliance and planning strategies; impacts of taxes on financial decisions
Retirement Planning: Retirement savings and income planning, qualified vs. non-qualified retirement plans, Social Security, and Medicare
Risk Management: Risk management strategies, insurance types, and uses
Estate Planning: Wills, trusts, estate settlement, and gift types
Capstone Course in Financial Planning: Integration and application of financial planning, case studies/client scenarios, and development of a comprehensive financial plan

Workshop Required Courses: 19.5 TOTAL credits

Kelley Finance Major Courses: 10.5 credits

Workshop-Specific Courses: 9.0 credits

Courses that count toward the Kelley finance major:

BUS-F 365 Personal Financial Planning (3 credits)

BUS-F 369 Insurance, Risk Management, and Retirement Planning (3 credits)

BUS-F 420 Equity and Fixed Income Investments (3 credits)

BUS-A 327 Tax Analysis (1.5 credits)

Additional courses beyond the Kelley finance major:

BUS-F 355 Estate Planning and Trusts (3 credits) OR BUS-L 310 Law of Financial Planning (3 credits)

BUS-A 333 Taxes and Financial Planning for Individuals (1.5 credits)

The following two practicum courses are only available to WMW members:

BUS-F 375 Wealth Management Workshop I (1.5 credits)

BUS-F 416 Wealth Management Workshop Capstone (3 credits)

Important Additional Details

Finance and accounting double majors take BUS-A 329 Taxes and Decision Making (3 credits), which substitutes for BUS-A 327 AND BUS-A 333
BUS-F 355 Estate Planning and Trusts only offered in the spring

BUS-A 333 only offered in the fall

Financial Advisor / Wealth Advisor
Private Wealth Advisor
Client Associate / Registered Client Service Associate
Family Office Analyst
Investment Analyst
Portfolio Analyst
Estate Planning Associate
Retirement Planning Specialist
Tax Planning Associate

These professionals work in RIAs, wirehouses, private banks, family offices, insurance companies, and other client-focused advisory platforms where WMW training is in high demand