The International College of Financial Planning will extend its part-time training module for financial advisers "" Certified Financial Planner (CFPTM) certification programme "" into a full-time programme from July in Delhi. |
The college, which is an authorised education provider of the CFP certification programme in India, had been providing a part-time course since 2002. |
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It has now ramped up its course module to help professionals in the financial services sector move up in the value chain. |
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The new programme will include debt management, derivatives handling, specialised training on mutual funds and stock markets. |
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This programme will also provide allied certificates from the National Stock Exchange and Association of Mutual Funds of India (AMFI). The new course will be launched in June and the course will take off from July after the admission process is over. |
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The full-time course comes with a price tag of Rs 1 lakh and students can complete the programme in one year. |
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The CFP Board of Standards, US, owns the CFP trade mark, and, in 2001 the CFP Board set up the Association of Financial Planners of India (AFP) with cooperation from firms like HSBC, Amex, Kotak Mahindra Bank, ICICI Prudential Life Insurance, IDBI AMC and HDFC AMC. AFP is licensed to grant the CFPTM mark in India. |
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CFPTM is an internationally recognised designation and there are 74,000 Certified Financial Planners in the world. The CFPTM designation denotes that the advisor has been through a world-class education program, has experience in finance, and is bound by the code of ethics of the CFP Board of Standards. |
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The International College of Financial Planning was promoted by Bajaj Capital Limited, a chartered member of AFP. |
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The college will not scrap its earlier part-time module, and working professionals can clear the course within seven years, subjected to the number of papers they take up. |
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At present, the college has over 950 students with a market share of 80 per cent. It has offices in major cities such as Delhi, Mumbai, Hyderabad, Chennai, Bangalore, and Kolkata. |
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It has collaborated with the Financial Planning Association, Australia, for outsourcing their courseware. |
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