IIFP provides education that is contemporary, industry responsive and relevant to current needs of the corporate community. It is fast building itself as a prominent centre of financial planning education in India. Financial planning is a process of taking holistic view of financial needs of the individuals and offering solutions for better management of their finances and in that process products are also sold. IIFP is also an authorized education provider of Financial Planning Standards Board India ( FPSB India) for CFPCM Certification. FPSB India is a public private enterprise dedicated to promoting personal financial planning in India. It is empowered to grant CFPCM Certification in India by FPSB,Denver, USA. CFP is regarded as a highest certification globally for financial planners and wealth managers. FPSB India is patronized by 46 organizations in financial sector including SBI and ICICI group, Kotak,Deutsche Bank, Citi Bank and Life Insurance Corporation of India. IIFP is established by Kush Education Society, which has been running successfully Delhi Public School Varanasi for the last several years. The Society is promoted by prominent industrialists and educationists. IIFP' core strength is the illustrious faculties and former finance professionals who guide its functions in academics and student services. The institute is headed by Mr Niamatullah, CFPCM, a former M.D. SBI Mutual Funds and former Vice Chairman of FPSB India. Th education was launched first time in India in 2002 under the aegis of AFP( which is now rechristened as FPSB India ) by Mr Niamatullah. IIFP is offering various courses in financial planning incorporating CFPCM Curriculum and attracting fresh graduates, undergraduates from colleges in Delhi and other cities and also the corporate executives and insurance and mutual fund advisors who wish to pursue a career in financial services and/ or upgrade their knowledge to international standards. IIFP' courses are offered in classroom as well as distance learning modes with options of week end and week day teaching schedules to suit the convenience of every one joining these courses. Generally, these courses are finished in 6 months and during this period all five examinations for CFPCM Certification can be completed. A person with experience has every chance to become a CFPCM at the end of this period.
The CFPCM Curriculum comprises of the following 6 modules: () Risk Analysis and Insurance Planning (2) Retirement Planning & Employee Benefits (3) Investment Planning (4) Tax planning and estate planning
There are only 5 examinations-one for each of 2 to 6 modules with 20% weightage to Module 1 in all five examinations. Passing percentage is 60 without any negative marking and all examinations follow uniform pattern of objective questions and held on line. On successfully clearing an examination a certification as Associate Financial Planner is given to the examinee. However, 3 years of work experience in financial sector is a mandatory requirement for CFPCM mark. More importantly all CFPCM certificants have to execute an undertaking to follow professional conduct rules prescribed by FPSB India.
The CFPCM Curriculum comprises of the following 6 modules: () Risk Analysis and Insurance Planning (2) Retirement Planning & Employee Benefits (3) Investment Planning (4) Tax planning and estate planning
There are only 5 examinations-one for each of 2 to 6 modules with 20% weightage to Module 1 in all five examinations. Passing percentage is 60 without any negative marking and all examinations follow uniform pattern of objective questions and held on line. On successfully clearing an examination a certification as Associate Financial Planner is given to the examinee. However, 3 years of work experience in financial sector is a mandatory requirement for CFPCM mark. More importantly all CFPCM certificants have to execute an undertaking to follow professional conduct rules prescribed by FPSB India.
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