CFPCM CERTIFICATION

CERTIFIED FINANCIAL PLANNERCM ( CFPCM ) is an international certification programme in the lucrative field of financial planning, wealth management and financial advisory services. As the Indian Financial Industry is transforming and maturing, professional financial planners have become an imminent need. In India, leading industry giants from financial services sector have been promoting the concept of financial planning among the customers and professionals.

 

There are more than

160,000

CFPCM PROFESSIONALS WORLDWIDE FROM MORE THAN 26 COUNTRIES

  • An industry and employment oriented certification which is rated as “One of the Best Jobs” by U.S. News and World Report, 2012.
  • Rated amongst the ‘Top 20 Jobs’ on the basis of five key areas: Work Environment, Physical Demands, Job Outlook, Income Levels and Stress by Career Cast in 2014.
  • The most recognised and respected financial planning certification in 25 countries.
  • Rated as Gold Standard by Wall Street Journal in 2006.

 

QUALIFICATION PROVIDER

FPSB India is the preeminent international standards-setting body for competent and ethical financial planners.

Financial Planning Standards Board India (FPSB India) is a Public–Private Enterprise and a Professional Standards Setting body for Financial Planners in India.

More about FPSB >>

CFPCM QUALIFICATION

CFPCM Certification is a mark of excellence granted to individuals who meet the stringent standards of education, examination, experience and ethics. It is the most prestigious and internationally accepted Financial Planning qualification recognized and respected by the global financial community. The CFPCM Certification wins trust and presents opportunities worldwide.

EXAM PATTERN

  • Risk Analysis & Insurance Planning: 2 Hours Examination – 77 MCQs
  • Retirement Planning & Employee Benefits: 2 Hours Examination – 77 MCQs
  • Investment Planning: 2 Hours Examination – 77 MCQs
  • Tax Planning & Estate Planning: 2 Hours Examination – 77 MCQs
  • Advanced Financial Planning: 4 Hours Examination – 30 MCQs

The Question are Multiple Choice objective type for all examination, which is administered on-line by NSE.

A student who scores 50% or more will pass the examination, successful students in the CFPCM Examination are not given their scores or ranks as practiced in most international professional certification examinations

 

SEBI NOTIFICATION

CFPCM is recognized by the Securities Exchange Board of India (SEBI) under the SEBI Investment Advisers Regulations 2013

Excerpt of Gazette Notification of SEBI Investment Advisers Regulations Jan 2013.

To View Gazette Notification of SEBI >>

 

CFPCM EXAM MODULE

 

Introduction to Financial Planning
(No Exams)

  • Financial Planning Process
  • Client Interactions
  • Time Value of Money Applications
  • Personal Financial Statements
  • Cash Flow and Debt Management
  • Asset Acquisition
  • Education Planning
  • Overview of Risk Management
  • Investment Planning
  • Retirement Planning
  • Special Circumstances
  • Plan Integration
  • Ethics and Business Aspects of Financial Planning

1. Risk Analysis and Insurance Planning

  • Risk Management and Insurance Decisions in Personal Financial Planning
  • Identifying Client’s Exposures to Morality, Health, Disability, Property, Liability and Long Term Care Risk is Emphasized
  • Selecting the Appropriate Risk Management Technique
  • Insurance Pricing
  • Various Insurance Policies & Strategies:
    • General Insurance
    • Life Insurance
    • Motor Insurance
    • Medical Insurance
    • Insurance of Business Risk Regulation of Insurance Industry

2. Retirement Planning & Employee

  • Retirement Need Analysis Techniques
  • Development of Retirement Plans
  • Various Retirement Schemes such as:
    • Employees Provident Fund (EPF)
    • Public Provident Fund (PPF)
    • Super Annuation Fund
    • Gratuity
    • Other Pension Plans, Post-retirement Counseling

3. Investment Planning

  • Risk Return Analysis
  • Mutual Funds
  • Derivatives
  • Asset Allocation
  • Investment Strategies
  • Portfolio Construction & Management
  • Regulation of an Investment Advisor

4. Tax and Estate Planning

  • Income Tax Computation
  • Capital Gain & Indexation
  • House Property
  • Deductions & Allowances
  • Non Resident Indian Tax Laws
  • Tax Management Techniques
  • Estate Planning:
    • Wills, Trust, Indian Succession Act
    • Power of Attorney
    • Joint Ownership of Property

5. Advanced Financial Planning

  • Establishing Client Planner Relationship
  • Analyse Client Objectives, Needs & Financial Situation
  • Developing the Financial Plan
  • Implementing the Financial Plan
  • Monitoring the Financial Plan