The 4-step process involving 4 Es to become a Financial Planner.

1. Education.

Eligibility.
Ensure you have the requisite education requirement: HSC Marksheet / Graduation / Post Graduation from a recognized university.

Skills.
Ensure you have the skills required to be a Financial Planner:

• Ability to understand the Financial Planning process
  
• Ability to gain trust and build relationships with clients

Ensure you have the technical competence in the following areas:

• Insurance Planning
  
• Investment Planning
  
• Tax Planning
• Retirement Planning
  
• Cash Flow Analysis Budgeting and other mathematical skills

2. Experience

The experience requirement centers on work that involves personal financial planning. It is designed to provide the public with the assurance that the candidate understands the counseling nature of personal financial planning. For CFPCM certification examination, the candidate is required to have a minimum of three years of relevant work experience.

3. Examination

Appear for the globally recognized CFPCM certification examination.

What’s the CFPCM exam all about?
Get your technical skills tested in the following areas:

* Risk Management & Insurance Planning
* Investment Planning
* Retirement Planning
* Tax and Estate Planning
* Advance Plan Construction

All the above exams are conducted by the FPSB in every alternate month, across 7 cities in India.
Click here to know the exam details»

Who gives the CFPCM certification in India?
CFPCM is conducted by Financial Planning Standards Board of India (part of Financial Planning Standard Board Council located at Denver, USA) and is recognized by its Indian charter members.

Be CFPCM certified.
CFPCM is a global certification, which endows the holder with the freedom to practice in more than 19 countries (You only need to clear one module on local tax laws to be eligible to practice in these 19 countries). The CFPCM certification is regarded as a premier qualification in financial advisory services and is among the leading career choices in developed countries.

With a CFPCM certification, you will get on a golden career path alongside fellow Financial Planners from 20 countries.

1. Become an FPSB India Student member.
You can register with FPSB India by paying a Student Registration fee of Rs. 5000.The Student Registration is valid for 1 year. To download form click here
FPSB India Student Regisration form

2. Exam Details and Fees.
FPSB, India conducts the exam every two months. The test fees are Rs. 1000 per test for the first 4 modules and Rs. 5000 for the last module. The Examination is outsourced to NSE, for which you will have to fill the NCFM form and attach a Passport size photograph , To download form click here
Note: Please make separate DDs for Registration and Exam Fees favoring Financial Planning Standards Board, India payable at Mumbai.
NCFM Examination form

4. Ethics

On completion of the education, examination and experience requirements, the candidate for CFPCM Certification receives a Declaration Packet which includes an ethics statement form. Prior to certification, the candidates will be required to disclose past or pending litigation or agency proceedings, and to acknowledge the right of FPSB to enforce its Professional Standards through its Disciplinary Rules and Procedures. By fulfilling this requirement, the candidate demonstrates to the public that he/she has agreed to provide personal financial planning in the clients best interest and to act in accordance with the highest ethical and professional standards for the practice of financial planning.

1. CFP Examinations for Modules 1,2,3,4 are now conducted everyday. Student has to schedule his/her own Examination on the website www.nseindia.com. All the four modules will be conducted online  viz. on real time basis.

Note: The CFP Examination are as follows

1. Examination 1 - (Risk Management and Insurance Planning), Examination 2 - (Retirement Planning and Employee Benefits), Examination 3 - (Investment Planning) and
2. Examination 4 - (Tax Planning & Estate Planning)

2. A candidate needs to be registered with FPSB India and have a NCFM Number to register for CFP examination.
3. A candidate can register with FPSB India by submitting the New FPSB India Registration Form along with a DD of Rs. 7500/- drawn in favour of “Financial Planning Standards Board India ” payable at Mumbai to his education service provider.
4. One can obtain a NCFM Number by registering himself/herself on the NSE website as follows
1. Log on to the website www.nseindia.com
2. Click on NCFM on the top menu bar of the website
3. Select – Online Register / Enroll
4. Click - New User? Register here
5. Fill up the online form completely
6. Check the filled up form thoroughly. Ensure that your name, date of birth, email id and mobile number has been filled up correctly.
7. Click on Submit after checking the form once again
8. The NCFM Number will be sent on your email id.

NOTE: In case you have already taken any other module or exam from NSE/NCFM you would already have a NCFM number, DO NOT create a new NCFM number in that case

5. A Fresh candidate can appear for any module examination (except 5th module) after 60 days of his /her registration with FPSB India. A candidate will not be able to view the CFP modules on NSE site in case he has not registered with FPSB India.
6. After obtaining the NCFM Number or candidates already having NCFM Number, in both the cases, the candidates will have to create their User ID & Password on the NSE website as follows
1. Log on to www.nseindia.com
2. Click on NCFM on the top menu bar of the website
3. Select Online Register / Enroll
4. Click on “Existing NCFM Candidates can click here to obtain their User ID & Password”


7. After creating the user id and password, upload your recent passport size photograph on the NSE website.

Note: It is mandatory for all students to upload their photographs with NSE, if not done earlier. The same has to be done at www.nseindia.com

8. Choose the module you want to appear for. For example Risk Management and Insurance Planning
9. Select the name of City where you want to take the test and the date/month/year you wish to take the exam.

Note: CFP Exams for modules 1,2 3,4  are now conducted in 71 cities in India . The examinations will be centrally administered by National Stock Exchange of India (NSE), at their test centers.Examination Centers for Module  1, 2, 3 & 4 will be decided as per the vacancies and slots available with NSE at the time of enrolment for the Examination.

10. View the seats available.

Note: All the Exams are of 2 hours duration. Students can schedule any number of Examinations as per availability of seat.

11. Book your seat

Note: Request for carry forward of examination OR request for change in exam dates, change in exam & change in exam centre etc. would NOT be entertained by FPSB India under any circumstances, hence select the date carefully

12. Pay the Examination Fee. Examination fee can be paid in three ways i.e. online by debit/credit card or by cash at the designated ICICI Bank branches or net banking. Enrolment/registration for Examination can be done only on payment of fee to NSE. For more details refer website www.nseindia.com .

Note: The Examination Fee has been revised as below:

1. For students taking the examinations during the dates 14th July 2008 to 9th August 2008:   Rs 1,000/- per ExaminationFor students taking the examinations from 11th August 2008 to 31st March 2009: Rs 1,500/- per Examination
2. For students taking the examinations from 1st April 2009 onwards: Rs 2,000/- per Examination


13. Admit card (Hall ticket) will be generated by the system. Students are required to take a printout of their admit card and carry the same to the test center. The student will be informed about the examination schedule via SMS alert.
14. Candidates have to carry a photo ID Proof to the exam hall. For example, PAN Card, Driving License, Passport.
15. Candidate who do not attend the Examination in spite of registering for the exam will be considered as absent for the said examination.