cfp coaching course details
TRANSCRIPT
Right Horizons Academy Guiding you to a bright future
Presented by : Padmalochani . V CFPCM
CFP Course -BasicsCERTIFIED FINANCIAL PLANNERCM Certification is a mark of excellence granted to individuals who meet the stringent standards of 4Es
educationexamination experience ethics
It is the most prestigious and internationally accepted Financial Planning qualification recognized across the globe. CFPCM Certification is the highest level of Certification worldwide in the field of Financial Planning with over 100000 Certificants and widely respected by consumers, professionals & industry.CFPCM Certification is in high Demand : Supported, recognized, promoted and preferred by 48 organizations of BFSI IndustryThe CFPCM Certification wins trust and presents opportunities worldwide. •
The 4E criteria• Education:
– A candidate must undergo Education Program through an Authorized Education Partner or resource person or on self study mode
– Education criteria demonstrate to the public that the candidate has acquired the necessary knowledge to become a Financial Planner.
• Examination: – The CFPCM Examination is designed to assess the candidate’s ability to apply
Financial Planning knowledge to real-life situations. – By passing the CFPCM Certification Examination, the candidate demonstrates to
the public that he/she has the required level of competency to practice Financial Planning.
• Experience: – The experience requirement qualifies work experience – The Experience criterion is designed to provide the public with the assurance
that the candidate understands the counseling nature of personal Financial Planning.
• Ethics: To get the CFPCM Certification, candidates should agree to abide by FPSB India’s Code of Ethics, Rules of Professional Conduct, Practice Standards & Disciplinary Rules & Procedures.
About FPSB India
• CFPCM Certification worldwide is awarded by FPSB Affiliates to competent & qualifying candidates fulfilling the 4 E Criteria
• FPSB India is the principal licensing body for CFPCM Certification in India through an agreement with FPSB Ltd, Denver USA.
• Financial Planning Standards Board India is a Public–Private Enterprise and a Professional Standards Setting body for Financial Planners in India.
• FPSB India proactively guides the development and promotion of standards for Financial Planning professionals to benefit and protect the public in the country.
• FPSB India closely works with all the stakeholders’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives.
Continuous education & Authorization to use CFPCM Marks• Once Certified, CFPCM Certificant must fulfill the Continuing Education
(CE) requirement to stay current on Financial Planning strategies, products and trends affecting their clients.
• This demonstrates to the public that the candidate has kept himself /herself abreast of developments in the Financial Planning field.
• A candidate fulfilling the criteria is authorized by FPSB India to use CFPCM, CERTIFIED FINANCIAL PLANNERCM & CFPCM flame logo collectively known as CFPCM Marks in his/her publishing material and communications.
• To maintain the legitimacy of use of CFPCM Marks FPSB India publishes the list of CFPCM Certificants on its Website Directory.
• Consumers are advised to cross-check the authenticity of the Financial Planner claiming to be a CFPCM Certificant by referring to FPSB India website directory.
Benefits of CFPCM certification• Enhanced career and employment opportunities with Financial Services
companies. Your Services are sought by banks, distribution houses, AMC, insurance Companies, equity broking and Financial Planning firms.
• Satisfied clients who appreciate the comprehensive approach to Financial Planning and extend long term relationship and referrals.
• Your expertise and credibility as a qualified professional is instantly communicated.
• More revenue streams by increasing your product and service offering to your clients.
• Enhanced Social Status by joining the global league of FP professionals.• Recognition in more than 24 countries across the world.• Your credentials demonstrate trust among the financial consumers.• You have met the global benchmark for competency, ethics & professional
practice standards to provide comprehensive Financial Planning services.
Who should do CFP?• Certified Financial Planner certification is rated as "One of the best Jobs"
by U.S. News and World Report, 2012• It has a credibility that it is rated as Gold Standard by Wall Street Journal• CFP certification is suitable for• Students pursuing/completed B.Com / BMS / BBA / BBI / BAF / BFM /
M.Com looking for a better opportunity in Finance industry• Other Undergraduates / Graduates looking for a career in Finance• MBA / CA / CA Inter adding a feather in their cap• Professionals working in Banking & Financial Services Industry• Relationship Managers, Wealth managers & Financial Planners from
Wealth Management companies & Banks • Risk assessment Managers • Independent advisors of Mutual funds, insurance & other financial
products
Pathway to CFP & eligibilityCFP
certification
Regular Pathway
Challenge Status
pathway
• 12th pass with 5 years experience in financial services industry
• Graduate with 3 years experience in Financial services industry
• Must be a CA / Intermediate level, CFA (US), ICWA, CAIIB, CS, LLB, PhD, M.Phil, PG, Licentiate/Associate/ Fellowship of Life Insurance, Actuary, FFSI & FLMI from LOMA, Civil Service Examinations by UPSC.
• 3 years experience in Financial services Industry or 5 years experience in non-financial services industry
Course structure• 6 modules1. Introduction to Financial Planning (carries 20% weightage in each
exam)2. Risk Analysis & Insurance Planning (Exam 1) 3. Retirement Planning & Employee Benefits (Exam 2)4. Investment Planning (Exam 3)5. Tax Planning & Estate Planning (Exam 4)6. Advance Financial Planning(Exam 5)
Challenge status candidate will take up only the exam 5
Exam pattern & exam registrationExam Name Modules Tested Centers Exam Date Duration Exam
LanguageExam Fees
Enrollment trough
Exam 1Risk Analysis & Insurance Planning + Introduction to Financial Planning
105 NSE Centers Daily (Mon-Sat) 2 Hrs English 2500 NSE
Website
Exam 2Retirement Planning & Employees Benefits + Introduction to Financial Planning
105 NSE Centers Daily (Mon-Sat) 2 Hrs English 2500 NSE
Website
Exam 3Investment Planning + Introduction to Financial Planning
105 NSE Centers Daily (Mon-Sat) 2 Hrs English 2500 NSE
Website
Exam 4Tax Planning & Estate Planning + Introduction to Financial Planning
105 NSE Centers Daily (Mon-Sat) 2 Hrs English 2500 NSE
Website
Exam 5 Advanced Financial Planning 105 NSE Centers Daily (Mon-Sat) 4 Hrs English 6000 NSE
Website
Exam Pattern• Multiple choice objective type examination• No negative marking.
regular pathway challege status pathway
Type of Questions Number of Questions Total Marks
Number of Questions per
case studyTotal Marks
1 Mark 38 38 Marks 15 502 Mark 15 30 Marks 3 Mark 14 42 Marks 4 Mark 10 40 Marks Total 77 150 Marks Total 30
questions 100 Marks
regular pathway challege status pathwayGrade Score (Percentage) Grade Score (Percentage)
A Equal and above 75% A Equal and above 75%
B Equal and above 60% and less than 75% B Equal and above 60% and
less than 75%C Equal and above 50% and less
than 60% C Equal and above 50% and less than 60%
Fail Less than 50% Fail Less than 50%
Registration Details• Initial online-registration with NSE to get the NCFM number (candidates
with the existing NCFM-number can use the same number-no need to register again)
• FPSB online-registration to become a CFP student in fpsbindia.org website – Our consultant & FPSB resource person Mrs.Padmalochani.V will support you
to get the registration done.– Any candidate who wishes to register with any other education provider can
also do it themselves– Candidates registered already through any mode can also take up coaching
with us.– Challenge status registration can be done even after completing the period of
coaching** The candidates once registered with FPSB, have to wait for a 30 days period before booking the exam slot for any module*** This waiting period is not applicable for challenge status pathway
Fee details• NCFM registration : No Fee• FPSB Student registration: (Registration Fees valid for 1 year, inclusive of
initial CFP Certification fees, Administration & Processing Fees– Regular pathway : 12,000– Challenge status pathway : 23,000
• Coaching & Training fee to Right Horizons Academy– For challenge status pathway : 25,000– For regular pathway (Rs.5,000 per module *6) : 30,000
• Exam Fee payable to NSE • For the first 4 module exams (Rs.2,500 per exam) : 10,000• For the final module (Exam 5) : 5,000
We suggest that the students can use the financial calculator FC-200V (CASIO) for the first 4 module exams & MS-Excel for the final module (Cost of FC-200V calculator is approximately Rs.2,000)
Class schedule• High impact classes by CFP practitioners with limited batch size• For each of the 6 modules for regular pathway (overall 130 hours)
– 16 hours of class room coaching including both theory & calculations– 4 hours of model question paper discussions & query clarifications– Mock test for 2 hours– This will spread across 5 weeks for each module
• Final module for challenge status pathway (overall 60 hours )– 40 hours of class room coaching including both theory & calculations– 15 hours of model case study discussions & query clarification– Mock test for 2 hours – 2 tests – This will spread across 3 months’ period
• Power point presentations are provided for each module covering the syllabus portion.
• Mock test papers are provided for each module for practicing
Bonus
Accumulate Bonus points on clearing
the modules in first attempt
Get the eligibility for a
practical experience on excel based
financial planning
Get 100% guaranteed
placement on completion of the
course
FacultyMr.Anil rego
– Chartered Financial Analyst & MBA with specialization in finance from ICFAI
– 7 years extensive experience in management roles specializing in Business Planning, Mergers & Acquisition functions in Wipro Tech Finance Department.
– Regular panel member at various Finance related seminars and symposiums.
– Guest lecturer on Wealth Management at premier Business-Schools- IIMB, IIPM, ITM, ICFAI and Union Bank to name a few.
Mrs. Padmalochani.V
– A certified Financial Planner by profession with an industry experience of over 25 years
– A qualified Associate from Insurance Institute of India
– A renowned faculty for CFP & Insurance
– Has helped 1/3rds of the CFP certificants in Bangalore for the CFP coaching
– She heads the team of business partners in Right Horizons Financial Services Pvt Ltd.,
Disclaimer• The classes are scheduled in advance & students can choose
the week-day or week-end batch as per their convenience• Students missing the classes can take the guidance of the
faculty on mutually convenient time• Anybody requiring extra hours of coaching can do so on
payment of extra fee of Rs.1000/- per hour at a mutually convenient time
• Right Horizons Academy does not guarantee the pass-result • Students should adhere to the code of conduct of CFP
practices as per FPSB India• Students should avoid mal-practices in the exam premises
The Road Ahead – Action Plan• First Batch of CFP starting on 9th May 2016• Introduction to Financial Planning classes will be conducted
together for both Regular pathway & Challenge Status • Enroll for the best in class CFP coaching & learn from the
experts
