The American College Recognizes Certified Senior Advisor (CSA) as Credit Toward Chartered Advisor for Senior Living (CASL) Designation
The American College, the nation’s leading educator of financial service professionals, announced today that individuals who have successfully completed and earned the CSA credential, can receive a transfer of credit toward The College’s prestigious Chartered Advisor for Senior Living designation. The CSA will be accepted in lieu of The College’s gerontology course HS 350 Understanding the Older Client. Individuals with CSAs will then only need to take four courses to earn a CASL instead of the usual five courses. For the next year, individuals with the CSA credential can receive credit toward one course in the advanced five-course CASL curriculum.
Bryn Mawr, PA (PRWEB) February 9, 2005 -- The American College, the nation’s
leading educator of financial service professionals, announced today that
individuals who have successfully completed and earned the CSA credential, can
receive a transfer of credit toward The College’s prestigious Chartered Advisor
for Senior Living designation. The CSA will be accepted in lieu of The College’s
gerontology course HS 350 Understanding the Older Client. Individuals with CSAs
will then only need to take four courses to earn a CASL instead of the usual
five courses.
“This is an opportunity for the more than 12,000
individuals who have completed their CSA studies to further advance their
understanding of the senior market,” said Larry Barton, PhD., President and
Chief Executive Office of The American College. “We hope that CSAs will take
advantage of this opportunity to enroll in the nation’s most comprehensive
educational program available for addressing senior financial issues – the
Chartered Advisor for Senior Living.”
Ordinarily, earning the CASL
designation requires individuals to pass five College-level courses and meet
specific experience, ethical and continuing education requirements. The five
courses in the curriculum are:
· HS 328 Investments
· HS 330 Fundamentals
of Estate Planning
· HS 350 Understanding the Older Client
· HS 351 Health
and Long-Term Care Financing for Seniors
· HS 352 Financial Decisions for
Retirement
“We encourage individuals who hold the CSA to take advantage
of this opportunity as our offer will grandfather CSAs for only one year, until
March 1, 2006,” continued Barton. “Providing CSAs with the opportunity to
receive credit for HS 350 Understanding the Older Client represents a savings
opportunity in both time and money.”
The CASL curriculum was developed by
The College with an advisory committee of industry professionals to insure that
the educational program met the needs of seniors. Companies participating in the
development process included New York Life, GE Financial Assurance, State Farm,
MetLife, Northwestern Mutual, Mutual of Omaha, John Hancock, Prudential
Financial and MassMutual.
“The financial services industry provided
incredible insight as we designed this program,” said Barton. “We are delighted
by the enthusiasm and commitment these companies and others in the industry have
already expressed for this designation.”
Some 4,500 financial and
insurance professionals are expected to complete the CASL designation program by
the end of 2005. “This represents the most successful launch of any designation
in our 79-year history,” said Nona Hillsberg, CASL Product Manager at The
American College.
Accountants, attorneys, CPAs, financial planners,
long-term care specialists and life and health insurance agents are all
potential CASL designees. Individuals who work every day with seniors, including
professionals in the health care industry and senior residency facilities, would
also find this curriculum to be valuable.
Courses in the CASL curriculum
cost $450 each. This includes all printed study materials, including textbook(s)
and student syllabus or study guide. Also included are audiocassette review
tapes and access to online courses, where available. All new students pay a
one-time $70 nonrefundable matriculation fee.
Proof of completion of the
CSA is necessary to take advantage of this transfer of credit during the next
year. The American College has no business relationship or partnership with the
Society of Certified Senior Advisors or the CSA designation, and is accepting
the transfer of credit in a manner consistent with its role as an institution of
higher education.
The American College is the nation’s leading non-profit
educator of professionals in the insurance and financial services industry.
Located on a 35-acre campus in Bryn Mawr, Pennsylvania, The College is a public
charity that serves over 35,000 students annually, predominantly on a distance
education basis. The American College offers an array of specialized designation
programs, Master of Science degrees in several disciplines and customized
continuing education programs for those pursuing a career in financial services.
For more information, visit www.TheAmericanCollege.edu.
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Source : http://www.prweb.com/releases/2005/2/prweb206460.htm