Assistant Professor of Practice - PFP

39039BR

Personal Financial Planning

Position Description

Contributes to the university's mission through teaching in an area of expertise, mentoring students in professional and career preparation and serving as liaison with professional contacts and entities on behalf of the department or program. The School of Financial Planning in the College of Health and Human Sciences at Texas Tech University invites applications for a full-time, 9-month Assistant Professor of Practice in Personal Finance position to begin 1/1/24. This is a non-tenure track, multi-year renewable appointment contingent on successful annual and cumulative performance appraisals as well as a majority affirmative vote of the academic unit. Summer appointments possible, but not guaranteed, contingent on demand for courses and availability of funding.

About the University

Established in 1923, Texas Tech University is a Carnegie R1 (very high research activity) Doctoral/Research-Extensive, Hispanic Serving, and state-assisted institution. Located on a beautiful 1,850-acre campus in Lubbock, a city in West Texas with a growing metropolitan-area population of over 300,000, the university enrolls over 40,000 students with 33,000 undergraduate and 7,000 graduate students. As the primary research institution in the western two-thirds of the state, Texas Tech University is home to 10 colleges, the Schools of Law and Veterinary Medicine, and the Graduate School. The flagship of the Texas Tech University System, Texas Tech is dedicated to student success by preparing learners to be ethical leaders for a diverse and globally competitive workforce. It is committed to enhancing the cultural and economic development of the state, nation, and world.
About Lubbock:Referred to as the "Hub City" because it serves as the educational, cultural, economic, and health care hub of the South Plains region, Lubbock boasts a diverse population and a strong connection to community, history, and land. With a mild climate, highly rated public schools, and a low cost of living, Lubbock is a family-friendly community that is ranked as one of the best places to live in Texas. Lubbock is home to a celebrated and ever-evolving music scene, a vibrant arts community, and is within driving distance of Dallas, Austin, Santa Fe, and other major metropolitan cities. Lubbock's Convention & Visitors Bureau provides a comprehensive overview of the Lubbock community and its resources, programs, events, and histories.

About the College

As one of the four original colleges at Texas Tech University at its founding in 1925, the College of Health & Human Sciences (CHHS)has a rich history of investing in students, preparing them to impact the world around them. The College of Health & Human Sciences provides multidisciplinary education, research, and service focused on individuals, families, and their environments to improve and enhance the human condition. The college offers a wide range of outstanding and nationally recognized undergraduate and graduate programs and encompasses seven academic units that include Community, Family & Addiction Sciences; the Department of Design; Family & Consumer Sciences Education; Hospitality and Retail Management; Human Development and Family Sciences; Interdisciplinary Human Sciences; Nutritional Sciences; and the School of Personal Financial Planning. In further supporting its vision of providing premier research, outreach, and educational programs that enhance human well-being worldwide, the CHHS is also home to six centers and five institutes. When they graduate, our students are making an impact as educators, healthcare professionals, financial planners, hospitality managers, fashion merchandisers, designers, counselors, and nutrition experts.

About the Department/School/Area

• The School of Financial Planning offers a B.S. in Applied Personal Finance, and a B.S., M.S., and Ph.D. in Personal Financial Planning. All Personal Financial Planning programs are registered with the Certified Financial Planner Board of Standards. All programs meet the education requirement for the AFC certification.
• Three dual degrees are offered: JD/MS in PFP, MBA/MS in PFP, and MS Tax/MS PFP and a minor in Agricultural Economics Ph.D. is also supported.
• Graduate certificates in Charitable Financial Planning and Financial Health and Wellness are provided as well as a professional MS degree delivered in a hybrid format at the TTU DFW location.
• An online minor in Personal Finance and courses to meet the financial literacy needs of students are offered.
• Enrollment of majors includes approximately 240 undergraduate students and 171 graduate students, of which 37 are doctoral. There are 126 Personal Finance minors and 555 Personal Finance concentrations.
• Faculty positions currently include 11 tenured/tenure-track faculty, 4 professors of practice, 4 lecturers, and adjunct faculty who work as a team to accomplish the School's collective goals.
• Students take classes and study in the 4,200 square foot Charles Schwab/PFP Technology Complex.
• The Center for Financial Responsibility offers research and outreach opportunities for the School of Financial Planning and graduate students.
• Knowledge Empowering You (KEY) utilizes students in the School of Financial Planning to provide educational outreach and financial coaching in the Lubbock community.
• School of Financial Planning students apply their knowledge through Red to Black Peer Financial Coaching through the TTU Office of Student Services, providing financial education and awareness to TTU students through individual coaching sessions, presentations, outreach booths, and resource referrals.
• Financial Planning Academy, funded by Charles Schwab Foundation, is a summer camp that introduces high school students to the Registered Investment Advisory industry and provides education in the core areas of personal financial management.
• The Charles Schwab Foundation Personal Financial Planning Clinic at Texas Tech University is a community-based outreach endeavor focused on promoting family financial resiliency and empowerment by offering no-cost one-on-one financial coaching to all members of the Lubbock community. This service additionally generates impactful hands-on experiential learning opportunities for the next generation of financial planners within the Texas Tech University School of Financial Planning and contributes to the creation of applied research on family financial communication, financial well-being, and financial decision-making.
• Travel funding is supported pending funding availability for faculty and students to attend conferences annually for professional development and presentations, as well as funding for continuing education.

Major/Essential Functions

At Texas Tech University, the Professor of Practice title is used to recruit individuals with exceptional backgrounds and achievements in academic, business, government, or other professional practice. Primary responsibilities include leadership as Director of the Center for Financial Responsibility and teaching in an area of expertise (to include mentoring students in professional and career preparation).

Administrative (75%)

• The administrative allocation of this position will consist of 75% administrative leadership of the Center for Financial Responsibility (CFR). The following functions are intended to describe the general nature and level of work being performed. It is not intended to be an exhaustive list of all responsibilities, duties, skills, work schedule, or travel for the position.
• Establish, implement, and manage outreach initiatives for the Center for Financial Responsibility (CFR) in alignment with its mission to expand research endeavors and educational outreach aimed at improving the financial well-being of individuals and families.
• Supervise the collection and upkeep of records for use in Texas Tech University and state reports relevant to the CFR, including financial management and recordkeeping for the CFR budget.
• Collaborate with the School to efficiently administer state-allocated funds.
• Create research and outreach opportunities for faculty, staff, and students that align with the CFR's mission.
• Facilitate and support the grant writing process for faculty and Ph.D. students working with faculty.
• Identify and pursue funding sources, including Federal and corporate grant applications, industry-sponsored research, and private donations to achieve the CFR's goals, including development support for the School's outreach and engagement efforts.
• Engage in community partner relationship building and recruitment to generate and strengthen community partnerships and facilitate outreach and engagement opportunities.
• Lead and manage the Knowledge Empowering You (KEY) program, including student recruitment, training, feedback on presentations, maintenance of records of KEY volunteer hours for reporting to CFP and AFC, and collaboration with the Charles Schwab Foundation Financial Planning Clinic Director for financial coaching positions, Recruit members for the KEY Advisory Board and lead the planning and execution of bi-annual meeting.
• Lead and manage the Financial Planning Academy Camp program as a collaborative outreach initiative with the faculty director, business manager, and coordinator team to ensure the success of the CFR mission through this program's impact.
• Plan and deliver the Financial Planning Research Series to foster a culture of interdisciplinary research.
• Attend School, College, and University events where program leadership representation is needed. Ensure program presence at all events.

• The candidate will be responsible for teaching a minimum of one class per semester in undergraduate or graduate courses in a combination of Applied Personal Finance and/or Personal Financial Planning courses.

Organization

Texas Tech University

Faculty Qualifications

1. Candidates must have an earned Master's, Ph.D., J.D. or Ed.D. degree in Personal Financial Planning (PFP), Public Administration, Educational Leadership, Management, Finance, Accounting, Economics, Consumer/Family Economics, Law, or an appropriate field.
2. Evidence of leadership in service, outreach, and community engagement directly in or closely related to personal finance and personal financial planning.
3. Experience in developing and maintaining strong relationships with industry partners, alumni, and other stakeholders as evidenced by outreach, community engagement, and service on supporting documents (resume, vita, etc.).
4. Evidence of teaching effectiveness as the instructor of record (includes experience teaching as a graduate student).
5. Evidence of student or professional mentorship.

Preferred Qualifications

1. Active or progress towards professional certification relevant to personal finance and financial planning, such as the CFP and AFC certifications.
2. Federal and corporate grant writing and grant management experience.
3. Experience teaching courses specifically in a CFP Board-registered education program or AFC approved curriculum track.
4. Evidence of leadership and administrative experience in higher education, including managing teams, creating and implementing processes and procedures, performance management, collaboration, and consensus building.
5. Excellent communication skills, both oral & written, as evidenced by supporting documents (resume, vita, etc.), email correspondence, and interviews.
6. Active membership in relevant professional organizations.

Duty Point

TTU Lubbock, main campus and affiliated facilities

Safety Information

Adherence to robust safety practices and compliance with all applicable health and safety regulations are responsibilities of all TTU employees.

Does this position work in a research laboratory?

No

Special Instructions to Applicants

Please include the following documents in your application:

1. Cover Letter
2. Curriculum Vitae or Resume
3. Teaching Evaluations
4. Other document(s) directly related to required qualifications
5. List of references

Job Type

Full Time

Pay Basis

Monthly

Pay Statement

Compensation is commensurate upon the qualifications of the individual selected and budgetary guidelines of the hiring department, as well as the institutional pay plan. For additional information, please reference the institutional pay plan by visiting www.depts.ttu.edu/hr/payplan.

Travel Required

Up to 25%

Schedule Details

8 am - 5 pm

Grant Funded?

No

Job Group

NonTenure track

EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, disability, genetic information or status as a protected veteran.

Salary Grade

800

Applications must be received by

11/15/2024