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CPFA – an ideal financial planning course for busy advisors and RMs

Who should appear for this certification?

IFAs and relationship managers at banks and national distributors who wish to upgrade their knowledge about financial planning can appear for this exam.  Not as rigorous as CFP, Certified Personal Financial Advisor (CPFA) imparts you basic knowledge about financial planning. This program is not mandatory under any SEBI regulation.

Which institute/body conducts the test?

The certification is given by National Institute of Securities Markets (NISM).

How can you register for this test?

The test can be given online on NSE and MCX website. You have to register on either of these websites. The study material can be also be downloaded. Upon registering and getting a confirmation you can see the companies which offer training for this program. Attending training is not mandatory.

Register online by clicking here

Download a soft copy of the workbook by clicking here

When do you get the results?

The test is given online and you can see the results immediately. NISM delivers the certificate to your mailing address.

What does the program cover?

The program covers topics like financial planning, managing investment risk, measuring investment returns, investment vehicles, investment strategies, insurance planning, retirement planning and tax and estate planning. 

 

Some key facts about the Exam

No of questions

60 questions each of 1 mark and 20 questions each of 2 marks (Total of 80 questions)

Duration

2 hours

Certificate Validity

*3 years

Passing Score

60 marks

Test Fees 

Rs 4495

Website URL

http://www.investorfirst.in or http://www.nism.ac.in/

Difficulty Level

Easy to clear with some thorough preparation

Negative marking

No

*Passing Certificate is issued only to those candidates who have furnished/updated their Income Tax Permanent Account Number (PAN) in their registration details

 

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