Master of Wealth and Trust Management (MWTM)
Now accepting applications
Strategically located to the Charlotte financial community, Gardner-Webb University’s Godbold School of Business offers the Master of Wealth and Trust Management from the GWU Charlotte campus.
The Master of Wealth and Trust Management is a singularly unique master’s program designed for students desiring:
a career in wealth and trust management, or to further advance their current careers in the financial industry.
A Master’s Degree in Wealth and Trust Management from GWU provides a graduate with the knowledge and skill set to enter into and progress within the wealth and trust management sectors of the financial industry. In particular, the graduate will have obtained firm practical, experiential and theoretical foundations regarding careers in:
- Trust Management
- Financial Planning
- Private Banking
- Investment Management
- Securities and Financial Regulation and other financial fields.
The degree program is designed for:
- trust or private bankers, investment advisers, and brokers seeking an advanced degree in wealth and trust management
- business administration, accounting and economics degree graduates seeking a firm foundation in wealth and trust management in which to advance their career opportunities in the financial industry.
Charlotte is second only to New York City with more than $2.3 trillion in banking assets headquartered in the city, and according to the Charlotte Chamber of Commerce, “financial services may be the most widely recognized sector of Charlotte’s economy.” Charlotte Chamber data shows that five of the nation’s top 25 banks have operations in Charlotte, as do more than 348 mortgage bankers, more than 51 commercial finance and factoring firms, and 13 leasing companies, and a branch of the Federal Reserve.
More than 49,000 people are employed in finance and insurance in Charlotte alone, and the number is growing steadily.
A master’s degree program designed to be accomplished in a timely manner and convenient format. Students who begin the program this August and successfully complete:
- two face to face courses each fall and spring offered evenings at GWU’s Charlotte campus
- two online courses each summer
will graduate at the end of their second summer of study, just two years after beginning the program. Furthermore, the program’s rolling admissions enable the student to enroll starting in either the Fall, Spring or Summer sessions. Additionally, the courses are offered in repetitive rotations such that any missed coursework may be brought current.
A master’s degree program designed expressly for the wealth and trust management professional. Students acquire the ability to perform investment analysis and portfolio management, financial planning, retirement planning, and estate planning. Students will not only be conversant, but enjoy in-depth knowledge and understanding regarding the fields of securities regulation, wealth transfer, and risk management.
The curriculum model is consistent with the fields of study required under the CFP Certification Examination, and that of a CFA Institute recognized university, in addition to having an in-depth understanding of the fields of study relevant to the Series 7 Examination as administered by the Financial Industry Regulatory Authority.
Complete with Bloomberg/MorningStar Direct market data access, two 110” 2x2 LED Video Walls and interactive 65” LED display technology, global market chronometers, webvideo/podcast capability, along with a 32 Pixal Premium LED trading ticker surrounding 24 dual monitor workstations, along with a board room equipped with interactive display and videoconferencing, the student will benefit from a cutting edge Financial Laboratory which delivers real-time market data.
Click here for more information regarding your opportunity to learn within a real-world trading and portfolio management experience within a stimulating academic environment.
- The Bureau of Labor Statistics (“BLS”) reports that the 2010 Median Pay for Personal Financial Managers was $64,750 per year, and that the projected rate of change in employment for the 10-year timeframe between 2010 and 2020 is projected at 32%. “As large numbers of baby boomers approach retirement age, they will seek planning advice from personal financial advisors.”
- The BLS further reports that the 2010 Median Pay for Financial Analysts was $74,350 per year, and that the projected rate of change in employment for the 10-year timeframe between 2010 and 2020 is projected at 23%. “A growing range of financial products and the need for in-depth knowledge of geographic regions are expected to lead to strong employment growth.”
- The BLS also reports that the 2010 Median Pay for Financial Managers was $103,910 per year, and that the projected rate of change in employment for the 10-year timeframe between 2010 and 2020 is projected at 9%, a growth rate reflective of its higher compensation, competitive nature and current economic trends. “As with other managerial occupations, jobseekers are likely to face competition because the number of job openings is expected to be fewer than the number of applicants. Candidates with a master's degree or certification should enjoy the best job prospects.”
A master’s degree program whose overarching purpose is to prepare the student, and provide increased credentials, for a successful career in the Wealth and Trust Management field.
For more details on the program, please download the program brochure.
Curriculum (3 credit hours each):
WMGT 610 Investment Strategies
WMGT 621 Advanced Investment Strategies
WMGT 602 Advanced Income Taxation
WMGT 615 Advanced Fiduciary Principles and Investment Management
WMGT 604 Transfer Taxation
WMGT 620 Insurance and Risk Management
WMGT 692 Economics of Money, Banking, and Financial Markets
WMGT 625 Advanced Estate Planning
WMGT 630 Retirement Planning Strategies
WMGT 644 Legal and Regulatory Issues
WMGT 650 Wealth Transfer Seminar (Capstone)
All undergraduate course information deficiencies must be made up prior to enrolling in WMGT courses. WMGT 650 Wealth Transfer Seminar (Capstone), should culminate the program. A minimum of 24 hours must be completed prior to taking WMGT 650. A student receiving a final grade of less than a "B" must repeat WMGT 650.
- GPA: Minimum cumulative undergraduate (or last 64 hours) GPA of 2.5
- Standardized scores (GMAT or GRE), which may be waived upon 3 years’ experience within the financial industry or a relevant industry sector.
- 3 References
- A bachelor’s degree from a regionally accredited institution of higher education, preferably in a business related field.
- Principles of Accounting (6 hours)
- Financial Management (3 hours)
- Microeconomics (3 hours)
- Macroeconomics (3 hours)
- Principles of Marketing (3 hours)
- Income Tax (3 hours)
- CISS 300 (or Excel proficiency) (3 hours)
- BADM501 Foundations of Accounting and Finance
- BADM502 Foundations of Marketing and Economics and
- ACC 425 Federal Income Tax
- Overall minimum grade point average of 3.0 in graduate studies
- Satisfactory completion of the total of 36 graduate hours within six years for the MWTM.
- Application for graduation by the dates published by the Registrar.
- Participation in the Hooding Ceremony and Commencement exercises if desired.
Visitors to the University in Boiling Springs are welcome at all times; administrative offices are open Monday through Friday from 8:00 a.m. until 5 p.m. For more information, please call the Graduate Business Director of Admissions: (704) 406-4489 or (877)-498-4723.
Student Learning Outcomes
1] Certified Financial Planner
2] Chartered Financial Analyst