Zywave Donates Nearly $100K of Software for Student Use

03/20/2013 03:06 PM

BATON ROUGE – The E. J. Ourso College of Business Department of Finance has received a donation of 50 licenses of financial planning software valued at $100,000 from Zywave Inc. Headquartered in Milwaukee, Wis. Zywave is a software company that provides software as a service product for financial planners and insurance brokers. Zywave’s customer base contains more than 350,000 professional users across North America.

According to LSU E. J. Ourso College Associate Dean Frances Lawrence, who also serves as the Department of Finance’s CFP Certification Education Program director, the software will allow students to develop comprehensive financial plans, which is a key learning outcome in the CFP program. Maria Matthews, grant writer for LSU Research and Economic Development, completed the process for the software donation after Lawrence made initial contact with Zywave.

“Our CFP Certification Education Program students will have hands-on experiences with software packages used in the financial planning industry, thus enhancing their skills and increasing their value to potential employers,” Lawrence said. “The finance department is delighted that Zywave has invested its resources in us. The software packages enhance our already remarkable SMART Lab (Securities Markets Analysis Research & Trading Lab), which has 50 networked workstations and features 12 Bloomberg terminals.”

Lawrence added that IPS AdvisorPro, a company that builds software for financial institutions, made a software contribution of nearly $500 recently as well.

“Companies are taking note of what we have to offer our students and are helping to enhance that,” Lawrence said. “We are grateful to anyone who makes the decision to enrich our students’ experiences in any way.”

CFP Board-Registered Programs are financial planning education programs at the college or university level that meet specific criteria for educating individuals who wish to fulfill the education component for obtaining CFP certification. Students who complete the financial planning pathway at LSU will be eligible to sit for the national CFP Certification Examination administered by the CFP Board. Successful completion of the education and examination components completes two of the core prerequisites to obtain CFP certification. A program may be an undergraduate, graduate, doctoral, or a non-credit certificate program, but all programs must meet several core requirements.

The Department of Finance at LSU’s E. J. Ourso College of Business offers high quality programs for undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. Aiming to create exciting educational opportunities for its students, the department employs tools such as the Securities Markets Analysis Research and Trading, or SMART, Lab. This 50-station simulated interactive trading floor enables students to gain practical experience in the fast-paced world of securities analysis, research and trading. Additionally, the Department of Finance encourages, supports and conducts research in real estate by housing the nationally renowned Real Estate Research Institute. For more information, visit www.business.lsu.edu/finance, call 225-578-6291, or email finance@lsu.edu.

Wendy  Marx 
E. J. Ourso College of Business

Posted on Wednesday, March 20, 2013