FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., the global body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER® certification programme, has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Banking and Finance (IIBF) to offer the educational and professional opportunities for aspiring financial planners in India, as per the official announcement.
Under this partnership, candidates who have successfully acquired the CAIIB qualification from IIBF will be exempted from passing the first three modules of CFP Certification and become eligible to enroll in FPSB India’s Integrated Financial Planning module through the Challenge Pathway. To qualify for this pathway, candidates must also have a valid three-year experience in banking and financial services, as detailed in the release.
In addition to the exemption provision, FPSB India claims to extend a discount on the total course fees, examination fees and other applicable fees to eligible CAIIB candidates who apply for the Certified Financial Planner (CFP) certification under the Challenge pathway.
“IIBF is proud to collaborate with FPSB India to offer a seamless pathway for CAIIB qualified professionals to embark on a rewarding journey in financial planning. This strategic partnership reflects our commitment to fostering excellence in banking and finance education,” Biswa Ketan Das, CEO, IIBF, said.