Pathway to CFP Certification

Pathway Education Examination Experience Ethics CFP Certification

A candidate must be HSC/

Matriculation/ 12th pass at
the time of enrollment and
has to complete the
Education criterion, which
is passing the following
four examinations either
through self study or
through training support
from any one of FPSB
India’s approved
Either Pre or
Education Partners.
Post CFPCM

1. Risk Analysis &

Examination(3
Insurance Planning (Exam
Years for
Regular 1)
Graduates & Signed
2. Retirement Planning &
5 Years for Declara
Employee Benefits (Exam Candidate is
Non- tion for
2) Authorized by FPSB
Graduates) adheren
3. Investment Planning India to use CFP
ce to CM

(Exam 3) Advanced Marks i.e

FPSB
4. Tax Planning & Estate Financial CERTIFIED
India’s
Planning (Exam 4) Planning FINANCIAL
Code of
These Exams are Exam 5 PLANNER ,
Ethics & CM

facilitated by NSE and CFP ,

Rules of CM

conducted online on NCFM

Professi
platform on NSE’s
onal
examination centres and
Conduct
other NSE networked sites
throughout India.

A candidate must be a CA
Pre CFP
CM

/ Intermediate level, CFA

Examination
(US), ICWA, CAIIB, CS,
(3 Years in
LLB, PhD, M.Phil, PG,
Financial
Licentiate/Associate/
Services
Challenge Fellowship of Life
industry & 5
Status Insurance, Actuary, FFSI
Years in
& FLMI from LOMA, Civil
Non-
Service Examinations by
Financial
UPSC. For details see refer
Services
to Challenge Status
Industry)
Qualifications.
 Registration Process for Registration Process for
"Regular Pathway" "Challenge Status Pathway"

The Registration Process for the registering as a The Registration Process for the registering as a
CM
Student of CFP Certification under Regular Student of CFPCM Certification under Challenge
Program is as mentioned below: Status Program is as mentioned below:

1. Select the Education Partner through whom you
would like to undergo the CFPCM Certification
Education Program. In case of “Self Study” mode,
choose SELF-STUDY in the drop-down of Name of
Education Partner. Click here to choose an Education
Partner.
2. Obtain NCFM Number from NSE Website. To
create the NCFM number please go to Online
Register/ Enroll in the NCFM tab. Click here for
procedure
3. Register as a Student Member of FPSB India
online & pay the Student Member Fees of Rs. 12,000
through Online Payment Gateway/Demand Draft in
favour of FPSB India payable at Mumbai. The
System also allows you to generate your Members
Login ID and "Password".
4. Submit the signed Student Registration Form,
Demand Draft if opted and Qualification Documents
(Minimum Qualification Certificate as required,
Photograph and Marriage Certificate or Pan Card
Copy/Passport Copy in case of change of name after
marriage) to your chosen Authorized Education
Partner (EP) in case of EP mode or to FPSB India in
case of Self Study mode. The documents need to be
submitted to the EP or FPSB India, as per the mode
chosen, within 14 days after registering online.
5. In case of EP mode, EP submits the documents to
FPSB India, post verification, within 7 days of receipt
from the Student.
6. FPSB India verifies the documents & payment of
the registration fees in both the modes.
7. FPSB India activates the Student Registration and
online login facility. A confirmation email is sent by
FPSB India upon confirmation.
1. Check your Eligibility Criteria for the Challenge
Status Program
2. Choose whether you want to apply directly with
FPSB India or through an Education Partner.
3. Obtain NCFM Number from NSE Website.Click
here for procedure
4. Register as a Student (Challenge Status Pathway)
of FPSB India online & pay the Challenge Status Fee
through Online Payment Gateway/Demand Draft in
favour of FPSB India payable at Mumbai. The
System also allows you to generate your Login ID
and "Password".
5. Submit the signed Challenge Status Registration
Form, Demand Draft if opted and Qualification
Documents to FPSB India (Challenge Status
Division) or your Authorized Education Partner (EP)
if opted for. The documents needs to be submitted
to the FPSB India/EP within 14 days after registering
online
6. EP submits the documents to FPSB India, post
verification, within 7 days of receipt from the
Student.
7. FPSB India verifies the documents & payment of
the application.
8. FPSB India activates your registration and online
login facility. A confirmation email is sent by FPSB
India upon confirmation.
9. A Student can immediately schedule (Exam
5) through FPSB India Login facility.

8. A Student can take the Exam 1-4 anytime after

the activation.
List of documents to be submitted for Registration:

 Student Registration Pathway

1. Print Out of the Submitted Student Registration Form.

2. Passport Size Photo (if not submitted online)
3. 12 (HSC) / Graduation Certificate i.e. any one of your Highest Educational
Qualification supporting document (Self Attested)
4. Marriage Certificate or Pan Card /Passport Copy in case of change of name after
marriage (Self Attested)

 Challenge Status Pathway

1. Print out of Challenge Status Registration Form.

2. Passport size Photo (if not submitted online)
3. Graduation and Post Graduation Passing Certificate (Self Attested)
4. Professional Qualifications Certificate as applicable (Self Attested)
5. Additional Certifications Certificate as applicable (Self Attested)
6. More than 3 years Work Experience Certificates (Self Attested)
7. Special Declaration form (Attested by Authorized Signatory )
8. Marriage Certificate or Pan Card /Passport Copy in case of change of name after
marriage (Self Attested)

Notes:

Send documents to below mentioned address:

Financial Planning Standards Board India

702, 7th Floor, Leela Business Park
Andheri-Kurla Road, Andheri (East)
Mumbai - 400 059, India
Phone : +91 22 6171 2424

Special Declaration Form should be attested by Head -HRD of Charter Member

Organization.
If candidate has NCFM number already, they need not create another number for
registration. Same NCFM number can be used for CFP Certification Program.
 Breakup of Fees structure effective August 1st ,2017
Sr. Base Amount GST (18%)
Particulars Total Fees (INR)
No (INR) (INR)

Registration fees - Regular Pathway (Self study /

1 RP/EP) 13,250.00 2,385.00 16,385.00

Registration fees – Challenge Status Pathway (Self

3 study / RP/EP) 24,750.00 4,455.00 29,955.00

Registration fees – Challenge Status Pathway (Self

4 study / RP/EP/ IIBF, CM) 12,750.00 2,295.00 15,795.00

5 Registration Renewal Fees 9,250.00 1,665.00 11,665.00

6 Exam 1 to 4 fees 3,500.00 630.00 4,130.00

7 Exam 5 fees 7,000.00 1,260.00 8,260.00

Documents validation and other due diligence (

8 After clearing Exam 1-4 under Regular Pathway) 6,000.00 1,080.00 7,080.00

9 Revaluation fees(Exam 1/2/3/4) 2,000.00 360.00 2,360.00

10 Revaluation fees(Exam 5) 3,000.00 540.00 3540

11 CFP Certification fees 6,000.00 1,080.00 7,080.00

12 AFP certification fees 2,000.00 360.00 2,360.00

13 Workshop Participation fees 3,500.00 630.00 4,130.00

Total fees to be paid online

Total fees to be paid offline (inclusive (inclusive service tax of 18% &
Certification service tax) processing fee of 2.5%)

CFP Certification / Renewal 7,080.00 7,257.00

 Note: # First time Initial CFP Certification fees is inclusive in Challenge Status Registration
Fees.Offline Payment : DD should be prepared in favor of "FPSB India" and payable at
Mumbai.
Online Payment : Online payment can be done through Debit/Credit Card only.

Minimu
Regula
Exam Challenge m
Exam Exam Durati Exam r Negative
Modules Tested Langua Status Passing
Name Date on Fees Pathw Marking
ge Pathway Percenta
ay
ge

Risk Analysis &

Daily
Insurance Planning No -nv
Exam 1 (Mon- 2 Hrs English 3,540.00 √ NA 50%
+ Introduction to marking
Fri)
Financial Planning
Retirement
Planning & Daily
No -nv
Exam 2 Employees Benefits (Mon- 2 Hrs English 3,540.00 √ NA 50%
marking
+ Introduction to Fri)
Financial Planning
Investment
Daily
Planning + No -nv
Exam 3 (Mon- 2 Hrs English 3,540.00 NA 50%
Introduction to √ marking
Fri)
Financial Planning
Tax Planning &
Daily
Estate Planning + No -nv
Exam 4 (Mon- 2 Hrs English 3,540.00 NA 50%
Introduction to √ marking
Fri)
Financial Planning

Daily
Advanced Financial No -nv
Exam 5 (Mon- 4 Hrs English 7,080.00 50%
Planning √ √ marking
Fri)

Exam Exam 1, Exam 2,

Revaluati Exam 3, Exam 4, 2,360.00
√ √
on Exam 5

Reference books can be requested at FPSB India by sending in Demand Draft for
Rs 4500/-, Pay to Financial Planning and Standards Board India, payable at
Mumbai.

Introduction to Financial Planning - Taxmann Publications/IIBF

Insurance Products (Including Pension Products) - Taxmann Publications/IIBF
IC-01 Principles of Insurance - Insurance Institute of India
IC-02 Practice of Life Insurance - Insurance Institute of India
IC-11 Practice of General Insurance - Insurance Institute of India
Mutual Fund Products & Services - Taxmann Publications/IIBF
In the wonderland of Investment - A.N. Shanbag (Standard Book Co.)
Students Guide To Income tax - Dr. Vinod k. Singhania (Taxmann Pub.)
Investment Analysis & Portfolio Management - Dr. Prasanna Chandra (McGraw – Hill)
Following links are for your quick reference:

 To obtain NCFM Number

https://www.enit.co.in/ORE/OREregisterCandidate.jsp

 Student Registration Form for Regular Pathway

http://www.fpsb.co.in/ocms/scripts/StudentRegistrationFrm.aspx

 Challenge Status Registration Form for Challenge Status Pathway

http://www.fpsb.co.in/ocms/scripts/CSRegistrationFrm.aspx

 Special Declaration Form

http://www.fpsbindia.org/Upload/Forms/SDF%20Rev-02.pdf

 Eligibility Criteria for the Challenge Status Program

http://www.fpsbindia.org/Scripts/ChallengeStatusProgram.aspx

For further queries, please get in touch with us.

Thank You

With Regards,
FPSB India Team
022 – 61712424
info@fpsbindia.org