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Education21

FPSB India and IIBF sign MoU, will aid CAIIB qualified professionals in CFP® certification

education by education
December 28, 2023
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FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER® certification program, has entered into a strategic Memorandum of Understanding (MoU) with the Indian Institute of Banking and Finance (IIBF) to enhance the educational and professional opportunities for aspiring financial planners in India and give impetus to professional financial planning advisory in India.

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 enrol in FPSB India’s Integrated Financial Planning module through the Challenge Pathway. To qualify for this pathway, candidates must have a valid three-year experience in banking and financial services. Krishan Mishra, CEO, FPSB India, expressed his enthusiasm about the collaboration, said, “This MoU is a pivotal moment in the financial services sector of India. It brings together two esteemed institutions, FPSB India and IIBF, with the common goal of promoting professionalism and excellence in financial planning. The exemption for CAIIB candidates is a testament to our commitment to recognizing and facilitating the career growth of skilled individuals.”

Furthermore, FPSB India and IIBF are set to enhance their collaboration by organizing joint seminars, webinars, and conferences on various subjects related to Financial Planning and other relevant topics. Biswa Ketan Das, CEO, IIBF, sharing his take on the partnership, saying, “IIBF is happy 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.” FPSB India will extend special 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.

FPSB India offers the globally recognized CFP® certification, which represents excellence in financial planning through rigorous competency and ethical standards. It is home to over 2,500 CFP professionals in India and part of a global network of organizations representing more than 213,000 CFP professionals worldwide.

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