Indian Institute of Management Lucknow, has signed a Memorandum of Understanding (MoU) with FPSB India to introduce a certification program in Financial Planning, launching in the academic session 2024-25, and will be available to both students and working professionals.
The MoU, finalized today by Prof. Archana Shukla, Director-in-charge, IIM Lucknow, and Mr. Krishan Mishra, Chief Executive Officer, FPSB India, represents a significant advancement in enhancing financial planning education and certification processes in India.
Key outcomes of the MoU include:
- Introduction of Certification Program in Financial Planning:Launch of a comprehensive certification program tailored for aspiring students and professionals, blending academic rigor with practical skills.
- Enhanced Financial Planning Education:Joint effort to elevate the standards of financial planning education in India, ensuring students receive industry-relevant knowledge and training.
- Professional Certification Integration:Amalgamation of IIM Lucknow’s academic excellence with FPSB India’s certification process, offering a pathway to obtaining the globally recognized CFP® certification.
- Skilled Workforce Development:Addressing the industry gap by preparing a new generation of financial planners equipped with the skills to offer holistic financial services.
- Global Career Opportunities:Empowering individuals to pursue rewarding careers not just in India, but globally, while upholding the highest standards of professionalism and integrity.
Speaking during the MoU signing event, Prof. Archana Shukla, Director-in-charge, IIM Lucknow, highlighted the institution’s dedication to academic excellence and meaningful collaboration. She stated, ” This partnership with FPSB India reflects our commitment to innovation, industry-relevant education, and collaboration for the benefit of students and the industry. As we work towards a ‘Viksit Bharat,’ it’s crucial that our Finance and Accounting curriculum remains dynamic and relevant, preparing our students to effectively address evolving financial challenges.”