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

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 King of Prussia (also referred to as KOP) is a census-designated place in Upper Merion Township in Montgomery County, Pennsylvania, United States. As of the 2020 census, its population was 22,028. The community took its unusual name in the 18th ...

. It offers several professional certifications and

master's degree A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.

s. Annually, The American College educates approximately 40,000 students, mainly through

distance education Distance education, also known as distance learning, is the education of students who may not always be physically present at a school, or where the learner and the teacher are separated in both time and distance. Traditionally, this usually in ...

. 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 The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...

at the

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...

. Huebner was a professional involved in the development of

economic theory Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...

. His theory of human life value is used in the field of

insurance 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 ...

. It was his vision for a college-level professional education program for insurance agents 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 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., Maryland politician. *

Lynn Yeakel Lynn Hardy Yeakel (July 9, 1941 – January 13, 2022) was an American administrator and political figure. She was the Director of Drexel University College of Medicine's Institute for Women's Health and Leadership and held the Betty A. Cohen Ch ...

, 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