Module I – Introduction to Financial Planning

This module covers the following :

• The six- step process financial planning.
• Client interactions.
• Time value of money applications.
• Code of ethics.
• Personal financial statements.
• Cash flow and debt management.
• Asset acquisition.
• Education planning.
• Overview of risk management investment planning & retirement planning.
• Special circumstances.
• Plan integration ethics and business aspects of financial planning.

Module II – Risk Analysis & Insurance Planning

This module exhaustively covers the knowledge requirements relation to :

• Risk management and insurance decision in personal financial planning
• Identifying client’s exposure to mortality, heath, disability, property, liability, and long-term care risk is emphasized
• Selecting the apt risk management technique
• Various Insurance Policies and Strategies :
• General Insurance.
• Life Insurance.
• Motor Insurance.
• Medical Insurance.
• Insurance of Business Risk.
• Regulation of Insurance.
• Insurance Pricing.
• Insurance Companies.

Module III – Retirement Planning & Employees Benefits

This module emphasizes on the process of wealth creation and retirement planning strategies for individuals. It broadly covers :

• Retirement need analysis techniques
• Development of retirement plan
• Various retirement schemes such as:
• Employees Provident Fund (EPF).
• Public Provident Fund (PPF).
• Superannuation Fund.
• Gratuity.
• Other Pension Plan.
• Post- retirement counseling.

Module IV – Investment Planning

This module covers the following :

• Risk Return Analysis.
• Mutual Fund.
• Derivatives.
• Asset Allocation.
• Investment strategies.
• Portfolio construction and management.
• Regulation of an Investment Advisor.

Module V – Tax Planning & Estate Planning

This module covers the following :

• Income-tax computation for Individuals, Companies, Trusts and other bodies.
• Capital Gains and indexation.
• House Property.
• Deduction and Allowances.
• Non Resident Indian tax laws.
• Tax Management Techniques.

Estate planning, the second section to the module, is also vital to any financial plan. It mainly covers :

• Wills.
• Trusts.
• Indian Succession Act.
• Power of Attorney.
• Joint ownership of property.

Module VI – Advance Financial Planning

This module materializes the concepts learnt from the previous modules into a comprehensive financial plan constructed for individuals. It thoroughly explains the following aspects related to the construction of the financial plan :

• Establishing client-planner relationships.
• Analyze Client Objectives, Needs and Financial Situation.
• Developing and presenting the financial plan.
• Implementing the financial plan.
• Monitoring the financial plan.

Duration of the Course

Minimum time in which the CFP^CM certification could be achieved is 3-6 months & maximum time allowed by FPSB India is 7 Year to complete the course. The registration is however valid for 1 year. The exam will be centrally administered by NCFM (national stock exchange).