Syllabus at UG and PG Level

Syllabus at UG Level:

The Certified Financial Planner course offered by FPSB India covers various internationally recognised subjects like:

  • Introduction to Financial Planning (ITFP)
  • Risk Analysis and Insurance Planning (RAIP)
  • Retirement Planning And Employee Benefits (RPEB)
  • Investment Planning (IP)
  • Tax Planning and Estate Planning (TPEP)
  • Advanced Financial Planning in various modules with total six in number

Module-I of the financial planner course consists of Generics of Financial Planning, viz. process, practice standards, personal financial statements, professional conduct, asset acquisition, cash flow and debt management, FPSB India’s Code of Ethics and Professional Responsibility and Model Rules of Conduct, and Financial Mathematics. This module is embedded in all component exams.

Module-2 of the financial planner course caters to the knowledge requirements relating to insurance needs and risk assessment of clients. It introduces students to various concepts and regulatory environment of insurance in India. The evolution process needs suggestion on decisions in choosing several types of insurance associated with personal finance for clients. This comprises of protection against exposures to risk of mortality, property, disability, health, liability and long-term care risk.

Module-3 of the financial planner course covers the knowledge of basic strategies towards achievement of objectives of a client’s post-retirement financial and other requirements along with methods to build the required corpus systematically. For a prospective CFP professional, the superannuation benefits eligible and their assimilation in retirement strategy would be needed for clients who are employees of an organisation – government, quasi-government or private. Along with the focus on the process of wealth creation, the emphasis would also be on its protection and liquidity aspects in the approaching years to retirement and in the post-retirement period.

Module-4 of the financial planner course imparts the critical knowledge of different asset classes and interplay amongst them, products constituting such classes and their investment risk profile to make the management of a client’s finances possible towards accomplishing several financial goals. It is of utmost importance to learn and understand the basic risk profile of the client in order to astutely advice appropriate asset allocation. In addition, it is crucial to master the measurement of investment risk and returns, their analysis in portfolio evaluation and alignment to suit the financial goals. Along with these, another essential domain is the awareness and knowledge of the regulatory environment of investment products and services.

Module-5 of the financial planner course deals with the Indian tax system, specifically direct taxes and personal taxation. It makes students aware of the tax treatment of the types of income such as agricultural, business and salary, and the attendant exemptions and benefits. The emphasis is on tax efficiency of transactions at all stages, viz. structuring of emoluments, saving taxes within permissible limits as suited to long-term goals, investing, spending, gifting and transferring wealth.

And the last but not the least, Advanced Financial Planning is the final module, which builds upon the knowledge attained in the previous modules. The sixth module of the financial planner course comprises of all aspects of personal finance that are significant for the development of a comprehensive financial plan. Knowledge about the steps required for obtaining and evaluating client data, developing, recommending and executing appropriate strategies and also significant aspects associated with ongoing monitoring and evaluation of financial plans will be disseminated to students under this module. In addition, the module will cover the review of the legal, ethical and regulatory issues affecting financial planners. Under this Case Study format, a candidate would be required to solve a set of 30 question items based on any two of a set of case studies. The probable case studies will be displayed on FPSB India’s website at least seven days prior to a candidate’s scheduled date of exam.

Students have to clear all these modules either in a step-by-step manner or those who feel confident enough can take up the exam in one go.


Syllabus for PG Level:

The coursework of an MBA degree program is often painstaking and involves several academic disciplines or professional specialisations. An MBA program in Financial Planner course incorporates ethics, analysis, experience and research into business-related subjects. Some of the popular subjects are:

  • Financial Statement Analysis
  • Fundamental Analysis
  • Advanced Financial Planning
  • Investment Planning
  • Security Analysis & Portfolio Management
  • Technical Analysis
  • Commodities Market Module
  • Wealth Management
  • Retirement Planning and Employee Benefits
  • Tax Planning
  • Indian Securities Market

Some of the similar subjects offered by different institutions under Masters in financial planner course include:

  • Economics of Management
  • Financial Planning Principles
  • Laws and Ethics
  • Risk Management
  • Estate Planning and Tax Management
  • Management of Personal Portfolios and Investments
  • International Business Concepts
  • Financial Planning Environment
  • Personal Financial Planning
  • Corporate Financial Planning

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