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AMBITION LEARNING B O R SOLUTIONS

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ABOUT AMBITION LEARNING SOLUTIONS
• Pro‐active institute which renders high‐quality, relevant, and varied  P i  i i   hi h  d  hi h li   l   d  i d  financial courses disseminated by  modern  pedagogic tools  • Provide Multidisciplinary Courses which are contemporary, industry  responsive and relevant to the current needs of the industry • Authorized education provider for CFPCM by Financial Planning  Standard Board, India

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WHAT IS FINANCIAL PLANNING?
Financial Planning is the process of  Financial Planning is the process of – • Identifying a person’s financial goals & needs • Evaluating existing resources • Designing the financial strategies that help the person  achieve those goals g

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WHY DO WE NEED FINANCIAL PLANNING?

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Child education Dream car A beautiful house

Holidays and Tours

Children’s marriage

Happy Retirement

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DO YOU KNOW THAT……
By 2012 India to become trillion –dollar wealth management market… By 2015 wealth management  is among one of the hottest  careers….. By 2015 wealth management  is among one of the hottest  careers To start with, SBI bank has hired 1,200 financial managers and has started training them. The exercise to hire another 1,200 professionals has started. There will also be 5,000 financial planners over the next two years or so…. According to reports Currently there is 80% shortage of Wealth Managers in the country…. country For wealth manager, the number of potential clients and the size of the wealth to be managed both are expected to grow four times by 2012 says a report…. Most of the MNC banks like Deutsche Bank, HSBC, Citi Bank etc. have substantially shifted their banking operations to Wealth Management and Investment Advisory services… Public Sector Banks like SBI, Bank of Baroda etc. have also entered in Wealth Management in a big way…

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THE FINANCIAL MARKET SCENARIO
• Vast inflows of Funds from abroad Rising Household Income and increasing awareness for financial planning Plethora of Mutual Funds & Insurance Products Removal of Entry Load from Mutual Funds and Capping the Premium Allocation Charges in ULIP is prompting Banks, Broking g p p g , g Houses, Advisors to move to fee based services Mutual Funds, Banks and Insurance companies are prompting their employees to do CFPCM p y Increase in regulations and compliance issues. AND CONFUSED INVESTOR • • •

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FINANCIAL PLANNING WHY W W Y NOW?

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India has the tenth highest number of dollar millionaires in the world and g their rate of growth is higher than in any other country

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Robust Economy Exposure of International Markets & Cultures Nuclear Families……Higher disposable income Large number of new products due to opening of markets and customer demand

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Complexity of products & services, hence the need of specialists advice. Market flooded with Agents, sellers & Product Pushers Mutual Funds, Banks d Insurance companies are prompting th i employees M t l F d B k and I i ti their l to do CFPCM

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C R CERTIFIED FINANCIAL PLANNER C R CFPCM
• It is awarded by FPSB (Financial Planning Standard Board, USA) through FPSB, India International Recognition in 23 country Promoted by top 50 Financial Services companies in India. (LIC, BIRLA, KOTAK, SBI, HSBC, AMERICAN EXPRESS, CITIBANK, DEUTSCHE BANK, FIDELITY, ICICI, HDFC, UTI, RELIANCE, STANDARD CHARTERED, RELIGARE, BARCLAYS, TATA) to name a few It is the highest credential offered in Financial Planning CFPCM is rated “Gold Standard” by “Wall Street Journal” • •

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INTERNATIONAL RECOGNITION IN 23 COUNTRIES
Australia France Malasiya South Africa Singapore g p

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Austria

Germany

Japan

Switzerland

India

Brazil

Hong Kong

New Zealand

Thailand

Chiese Taipei

Canada

Indonesia

Netherland

United Kingdom

China

Ireland

Republic of Korea

USA

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FINANCIAL PLANNING STANDARD BOARD INDIA

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FPSB India is a Professional  Membership & Certification  organization  It represents commitment to the  emergence of Financial Planning as a  f l l respected profession in India FPSB India offers the highest Financial  Planning credential called the  Pl i   d ti l  ll d th   Certified Financial PlannerCM (CFPCM) FPSB India is an affiliate of FPSB USA

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FINANCIAL PLANNING PROCESS

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CAREER PROSPECTUS FOR CFPCM CERTIFICANTS
“ONE CERTIFICATE MULTIPLE CAREER  OPTIONS”  • • • • • Banking Investment Advisory services Life and General Insurance Mutual Funds Stock and Security Brokers Tax Consultancy Fund Managers / Portfolio Managers Provides much wanted ‘Credibility &  P id   h  t d ‘C dibilit Competency’ as a Financial Planning  Practitioner.

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ELIGIBILITY Y
Minimum criteria to be a CFPCM i   Mi i   it i  t  b    CFP is 
Any student who has cleared his 12th standard from any field is  eligible to pursue this course and will also be hired by corporate.

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Minimum criteria for CFPCM membership with FPSB:
Graduate + 3 year's exp in financial services 10th or 12th pass + 6 years of exp. in financial services

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HUGE DEMAND SUPPLY GAP FOR CFP CM PROFESSIONALS IN INDIA
India has 2,000+ CFP Certificants for a population of 1200  million Versus  58,830 CFP Certificants in US (250 million Population) 17,230 CFP Certificants in Canada (60 million population) 15,802  in Japan (120 million population) 15 802  in Japan (120 million population) Against other Financial Services Intermediaries in India  20 Lakh+ Life Insurance Agents 50,000+   Mutual Fund Advisors 25,000 +  Bank Branches , 5,000+   Insurance Services Branches  and            10000+ Brokerages Service Branches

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CAREER PROSPECTUS FOR CFPCM CERTIFICANTS
Sr. no. Designation Relationship Manager Investment Advisor, Wealth Manager, Financial Advisor, Financial Planner, Insurance Advisors Faculty /Content Writer /Trainer Independent Financial Planner p Employers Banks, Brokerage Firms, Fund Houses Private Banking, Wealth Management firms, Financial Planning Outfits, Fund Houses Insurance Companies Educational Institutes/Corporate Self Employed p y 1 2

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THREE PATHWAYS FOR CFPCM CERTIFICATION
Classroom Training  Distance Learning Mode  Challenge Status

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CLASSROOM TRAINING
Support Mechanism:
• • • • • Total 150 hours of Classroom Training Exhaustive Study Material Question Bank for practice Online Mock tests per module Expert faculty (CFPs and the experts of respective fields) E  f l  (CFP   d  h     f  i  fi ld )

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DISTANCE LEARNING
If time and distance is a constrain than you can also  opt for, “DISTANCE LEARNING MODE”

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Support Mechanism:
• Exhaustive Study Material • Online Doubt Solving Support through mail • Online Mock Test Practice • Question Bank for Practice

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CHALLENGE STATUS
Eligibility Criteria:
Only candidates who are Graduates from a Recognized University and  l dd h d f d d having the following additional Educational Qualifications or  equivalent  with minimum THREE years experience would be eligible  under the Challenge Status Program:  d  th  Ch ll  St t  P  

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• • • • • •

CA / ICWA / CS CAIIB CFA (USA) PhD./ M.Phil in Economics, Econometrics, Statistics etc. LLB or equivalent Civil service exams by UPSC etc.

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CHALLENGE STATUS
Support Mechanism: S t M h i
• 50 hours of comprehensive program • Exhaustive Study Material and Case Studies with Latest  Updates • Expert Faculties • Comprehensive Training On Excel Usage

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MODULES TO BE STUDIED
• Introduction to Financial Planning • Risk Analysis & Insurance Planning • Retirement Planning & Employee Benefits • Investment Planning • T & Estate Planning Tax E t t Pl i • Advance Financial Planning g

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INTRODUCTION TO FINANCIAL PLANNING (MODULE I)
• The Six step Financial Planning Process.

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• Client Interactions

• Time Value of Money

• Cash Flow and Debt management
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• Ethics

• Business aspect of Financial Planning

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RISK ANALYSIS & INSURANCE PLANNING (MODULE II)
• • • • • • • Risk management process Selecting the right risk management technique Various Insurance Policies and Strategies g Insurance of Business Risk Regulation of Insurance – IRDA Insurance Pricing Insurance Companies

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RETIREMENT PLANNING & EMPLOYEE BENEFITS (MODULE III)
• • • Retirement need analysis  Development of retirement plans l f l Various retirement schemes such as: Employees Provident Fund      Public Provident Fund Gratuity • • Other Pension Plans Post‐retirement counseling

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INVESTMENT PLANNING (MODULE IV)
• • • • • • • • Risk Return Analysis Capital Markets Mutual Funds Derivatives Asset Allocation Investment strategies Portfolio construction and  management Regulation of an Investment  Advisor

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TAX AND ESTATE PLANNING (MODULE V)
• • • • • • • • • Income‐tax computation for Individuals and Companies Trusts and other bodies Tax on Capital Gains and Indexation House Property p y Deductions and Allowances  Deductions and Allowances Wills Trusts Indian Succession Act Power of Attorney

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ADVANCE FINANCIAL PLANNING (MODULE VI)
• Integration of Concepts learnt in earlier modules

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Based on the facts in the case study, the financial plans to be prepared

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This module helps preparing a blueprint for client’s financial future

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ASSOCIATE FINANCIAL PLANNER ‘ AFP ’
On Successfully completion of any one of following modules, O  S f ll   l i   f      f f ll i   d l applicant is qualified as AFP • • • • Risk Management & Insurance Planning Retirement Planning and Employee Benefits Investment Planning Tax & Estate Planning

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EXAM PATTERN
• Exams are conducted by FPSB and facilitated by NCFM across 71  centers in country • Exams will be online objective type questions • Ideally the course can be completed within 6 – 8 months within 6  • The maximum duration within which one can complete the  course is 7 years  i    

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GENERAL PAPER PATTERN
No. of Questions 40 20 15 75 Marks 1 2 4 Total Marks 40 40 60 140

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FEES STRUCTURE ‘ CLASSROOM TRAINING’
Fee for Classroom Training (A)
Rs. 30,000/30,000/ (Plus Service Tax)

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FPSB Registration Fees (B)
Rs. 10,000/10,000/ (Validity one year).

Examination Fees to FPSB (C)
Rs. 2000/- for Module no. 2 to 5 2000/ Rs. 5000/- for Module no. 6

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FEE STRUCTURE ‘ DISTANCE LEARNING ’
Distance Learning (A)
Rs. 12000/(Plus Service Tax)

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FPSB Registration Fees (B)

Examination Fees to FPSB (C)

Rs. 10,000/(Validity one year).

Rs. 2000/- for Module no. 2 to 5 Rs. 5000/- for Module no. 6

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FEE STRUCTURE ‘ CHALLENGE STATUS ‘
C a e ge Challenge Status (A) FPSB Registration S eg st at o Fees (B) Examination Fees to FPSB a at o ees S (C)

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Rs. Rs 15000/( Plus ServiceTax)

Rs. 15,000/Rs 15 000/Rs. Rs 5000/- for Module no. 6 no (Validity one year). For Charter Members Rs. 2000/-

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PRESS COVERAGE
Financial Express April 14, 2010

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THANK Y YOU

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Ambition Learning Solutions
53, 53, Ashawadi, S.V. Road, Opp. Shopper’s Stop, Behind Yashwant Nagar, Andheri West,  , , pp pp p, g , , Mumbai 400058. Email: info@ambitionlearning.com Website: www.ambitionlearning.com

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