Post on 09-Apr-2018
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CFP
CM
Education« An Initiative By
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Today¶s Meeting
New Avenues In Finance
What is CFPCM ?
Why should one join CFPCM?
Wh
at is th
e eligibility for doing CFP
CM
? Admission ,course duration & examination
Process of CFPCM?
Why to join i-nurture for CFPCM?
Wh
at are CFP
CM
courseh
igh
ligh
ts ? What is the total no. CFPCM ?
What are the benefits of doing CFPCM ?
What are the career after doing CFPCM ?
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X CFP Board, USA (1985)
Owns the CFP Mark
X Financial Planning Standards Board Ltd, USA(2004)
X Global Standards f orming body
X Regulates affiliates of 23 countries
X Financial Planning Standards Board,India(2001)
53 Charter Members
Indian Bo
dy
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Charter Members
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On completion of CFPCM courses the
student earns Diploma in Advanced
Financial Planning.
Aspirants gets CFPCM designation.
Most prestigious and internationally
accepted Financial Planning
qualification, recognized and respectedby the global financial community.
CFPCM courses is also extension of
other financial management courses.
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Exam Schedule & Model 1,2,3,4 & 5
centrally conducted by the National Stock Exchange.
exam conducted on-line and is of 2 hour duration.
Hall Tickets will be issued by NSE.
inf ormed about the examination schedule via SMS alert by
FPSB
Examination Centers f or Examination 1, 2, 3 & 4 shall be asper the vacancies and slots available with NSE at the time of
enr olment f or the Examination.
Examination 1 - (Risk Analysis and Insurance Planning),
Examination 2 - (Retirement Planning and Employee
Benefits),
Examination 3 - (Investment Planning)
4 - (Tax Planning & Estate Planning) shall be held ³live´ viz.
on real time basis.
Student has to schedule his/her own Examination on the
website www.nseindia.com (link NCFM online
registration/enr olment). The same shall be available effectiveJuly 14th 2008.
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New Student Registrations can opt f or Examination only after 60 days of receipt of registration at FPSB India.
Students can schedule any number of Examinations as per availability of seat.
student shall self schedule the Examination, no request f or any changes related to Examination,test center, etc. shall be entertained.
mandatory f or the student to upload their photographs with NSE, if not done ear lier. Thesame has to be done at www.nseindia.com
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Enrolment for Examination can be done only
on payment of fee to NSE.
Students are required to study 6 modules
However they have to appear in examinations of 5 modules as no separate examination is
conducted f or module 1 (Intr oduction to Financial
Planning) and 20% weight age is given to this
module in remaining 5 modules, which in other
words covers the entire module 1 f or the purpose
of examination.
The curriculum, prescribed by FPSB India
consists of six modules:
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Admission & Duration of the Course:
The course can reasonably be completed in 5 months at the
ear liest.
Registration fee charged by FPSB is valid f or 2 year
Candidate not able to clear all or any of the exam within that
period, he can extend the pr ogram f or 7 years by paying the
registration fee and examination fee of the remaining exams
once again.
Registration Process
CFPCM aspirants are required to pay FPSB India registration
fees which is currently Rs 10,000 /- (Ten Thousand Only)apart fr om I Nurture admission fee.
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Eligibility for pursuing the course:
Working Pr ofessionals or people working in
f ollowing sectors/Domain/
1) Insurance (advisor, pay r ole self
employed)
2) Banks
3) Mutual funds (advisor, pay r ole, self
employed)
4) Wealth Management Company
5) Assets Management Company
6) Br okerage firms of BFSI
Undergraduates
G
raduates (in any stream)
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FINANCIAL PLANNER QUERIES
How much money will be needed by an
individual (or by a family), and when?
Where will this money come fr om, and how?
How can people pr otect themselves against
unf oreseen personal events, as well asthose in the external economy?
How can family assets best be transferred
acr oss generations (bequests and
inheritance)? How does tax policy (tax subsidies or
penalties) affect personal financial
decisions?
How does credit affect an individual's
financial standing?
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How can one plan f or a secure financial
future in an envir onment of economic
instability?
Personal financial decisions may involvepaying f or education, financing durable goods
such as real estate and cars, buying
insurance, e.g. health and pr operty
insurance, investing and saving f or
retirement.
Personal financial decisions may also involve
paying f or a loan, or debt obligations.
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Become CERTIFIED FINANCIAL
PLANNER CM. in 5 months
FPSB ApprovedModules
FPSB ApprovedModules
FPSB ApprovedModules
Monthly AssessmentServices
Marks OrientedQuestion Bank
Assignments,case studies
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Module 1: Introduction to Financial
Planning
Overview the financial planning pr ocess like..
General principles of cash-f low planning,
Budgeting,
Legal aspects
Six-step, globally accepted
Risk management
InvestmentsInsurance
Retirement solutions
Tax
Estate planning
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Six-step, Globally
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Module 2: Risk Analysis & Insurance
Planning
Client¶s risk exposure
Risk management techniques
Reviews insurance pr oducts (G.I & L.I)
Insurance needs like..
Medical,
Disability,
Life InsuranceGeneral insurance
Type and amount of insurance & needs
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Module 3: Retirement Planning &
Employee Benefits
Retirement planning,& analysis
techniques,
Employee retirement & benefits like..
EPFPPF,
Superannuation Fund etc.)
Developing a retirement plan
Identification of retirement needs f or
client
Retirement solutions f or a happy and
tension-free retired life.
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Module 4: Investment Planning
Client¶s investment & needs of client¶s
Risk appetite with f ocus on wealth
creation.
Reviews all categories of investments
like.. client evaluation methods
Economic factors
Risk
Return analysis
Valuation techniques
Portf olio perf ormance assessment.
Various techniques & concepts f or
portf olio construction and management
are examined.
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Module 5: Tax & Estate Planning
Personal taxation and tax planning,
components.
Estate planning and pr ocess of developing an
estate plan,
Assessment techniques of estate planning
like..
Wills.
Gifting schemes.
Powers of attorney.
Joint pr operty ownership.
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Module 6: Advanced Financial
Planning
Builds knowledge gained in the previousmodules .
Incorporates all aspects of personal
finance f or developing a financial plan. Collecting and evaluating client data.
Developing, recommending and executingappr opriate strategies.
Periodical monitoring & evaluation of financial plans.
Legal, ethical and regulatory issuesaffecting financial planners .
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CFPCM professional count
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Country wise CFP Count 2009
Australia - 5,588 Austria - 212
Brazil - 377
Canada - 17,243
China - 6,139
Chinese Taipei - 677
France - 1,383
Germany - 1,138 Hong Kong - 3,884
India ± 9,86
Indonesia ± 462
Ireland - 0
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Indonesia ± 462
Ireland - 0
Japan - 16,434
Malaysia - 2,415
New Zealand - 416
Republic of Korea - 2,550
Singapore - 721
South Africa - 3,596
Switzer land - 265
Thailand - 66
United Kingdom - 909
United States - 60,634
Global Total - 126,016
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Benefits of the CFPCM certification
Enhanced career and employment
opportunities with Financial Services
companies.
Services are sought by banks, distribution
houses, AMC, insurance Companies, equity
br oking and Financial Planning firms.
Personal satisfaction of achieving the Financia
Planning pr ofession¶s highest standard and
achieving the global benchmark. CFPCM courses results in satisfied clients who
appreciate the comprehensive appr oach to
Financial Planning and extend long-term
relati
onship and referra
ls.
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CFPCM is an industry pr omoted pr ogram and
is completely a recession pr oof career.
More revenue avenues by increasing
pr oducts and services offered.
People join the global league of the best
Financial Planning pr ofessionals.
To learn and apply all aspects of the financial
planning pr ocess in achieving financial aspirationsof your clients and to develop expertise in
investments, insurance, retirement, tax and estate
planning
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Career after doing CFPCM
CFP career has made its own space in the
last decade,
Particular ly demand f or financial planners
has risen, as an individuals
Has to be assumed more responsibility f or
retirement and other financial decisions.
Considering the fact that people¶s
incomes are on the rise, they are seeking
guidance to invest their money in the right
avenues to reap optimum benefits.
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Banks
Manager- Investment Advisory
RM- Financial Institutional Investments
Investment Relationship Manager Trade Finance- Relationship Manager
Relationship Officer- Retail
Manager- Mutual Fund
Investment Advisor .
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Distribution House
Manager- Wealth Management
Sales Manager
Relationship Manager-
Institutional Sales
Pr oduct Manager
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Broking Firms
Research Analyst
Business Analyst
Research Associate
Technical Analyst
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Equity Research Firms
Entrepreneurship and
Management of Small
Business Relational Database
Management System
Pr o ject work
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Non Banking Finance Co.
Relationship Manager
Manager- Financial Planning
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Financial Planning Firms
Manager- Financial Planning
Relationship Manager
Associate Audit
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Asset Management Company
Sales Manager
Center Manager
Research Analyst
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Knowledge Process Outsourcing
Data Analyst
Market Researcher
Client Development Analyst Derivatives Analyst
Equity Analyst
Research Ass
ociate
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Life / Non Life Insurance Companies
Data Analyst
Sales Manager
Manager- Operations
Pr oduct Manager
Agency Manager
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Insurance Brokers
Manager- Client Acquisition
Manager- Operations
Pr oduct Manager
With burgeoning financial markets andinvestment opportunities, regulators are rapidly
recognizing the need f or pr ofessional and well-
governed advisory services. Consequently,
SEBI, IRDA, AMFI ando
ther bo
dies havebeencertifying pr ofessionals to ensure investor
pr otection and this has open endless CFPCM
career opportunities.
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Thank You !