The American College of Financial Services (The American College) is a

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online university A virtual university (or online university) provides higher education programs through electronic media, typically the Internet. Some are bricks-and-mortar institutions that provide online learning as part of their extended university courses while ...

focused on professional training for financial practitioners and located in King of Prussia, Pennsylvania. It offers several professional certifications and master's degrees. Annually, The American College educates approximately 40,000 students, mainly through distance education. The institution was founded as The American College of Life Underwriters in 1927 by

Solomon S. Huebner Solomon Stephen Huebner (March 6, 1882, Manitowoc, Wisconsin – July 17, 1964, Merion, Pennsylvania) was Emeritus Professor of Insurance at the Wharton School of the University of Pennsylvania, Emeritus President of The American College of Life ...

of the Wharton School at the University of Pennsylvania. Huebner was a professional involved in the development of economic theory. His theory of human life value is used in the field of insurance. It was his vision for a college-level professional education program for

insurance agent Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

s that led to the creation of The American College. Today the college offers professional training to all types of financial practitioners. When the institution began, programs focused exclusively on providing education to

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...

professionals. The Chartered Life Underwriter (CLU) designation was the first credential offered by The College. Today The College provides training for the Certified Financial Planner (CFP) exam, The Chartered Financial Consultant (ChFC) designation, and the Master of Science in Financial Services (MSFS) master's degree. Twenty full-time faculty members and financial experts work at the campus. The American College campus was bought by the

Jack M. Barrack Hebrew Academy Jack M. Barrack Hebrew Academy is a coeducational college-preparatory and religiously pluralistic Jewish day school for grades 6 through 12, located in Bryn Mawr, Pennsylvania. Founded in Center City, Philadelphia in 1946 as Akiba Hebrew Aca ...

in 2007. In May 2019, The American College moved its operational headquarters to King of Prussia, Pennsylvania.The American College of Financial Services Plans Major Move. 2017
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Notable alumni

Alfred W. Redmer, Jr. Alfred W. Redmer Jr. (born January 15, 1956) was a Maryland Insurance Commissioner and was the Republican nominee for Baltimore County Executive, County Executive of Baltimore County, Maryland in 2018. He formerly served as a legislator in the M ...

, Maryland politician. * Lynn Yeakel, Pennsylvania administrator and politician

References

External links

Official website
{{DEFAULTSORT:American College of Financial Services, The Educational institutions established in 1927 Universities and colleges in Montgomery County, Pennsylvania 1927 establishments in Pennsylvania Private universities and colleges in Pennsylvania