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| CFPCM Certification Education Programme |
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| Exam Schedule |
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| "Examinations are held round the year." |
Examination Model - Examinations 1,2,3 & 4 |
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- The examinations shall be conducted on-line and is of 2 hour duration.
- Hall Tickets will be issued by NSE. The student shall be informed about the examination schedule via SMS alert by FPSB
- Examination Centers for Examination 1, 2, 3 and 4 shall be as per the vacancies and slots available with NSE at the time of enrolment for the Examination.
- Examination 1-(Risk Analysis and Insurance Planning), Examination 2-(Retirement Planning and Employee Benefits), Examination 3-(Investment Planning) and Examination 4-(Tax Planning and Estate Planning) shall be held “live” viz. on real time basis. Student has to schedule his/her own Examination on the website www.nseindia.com (link NCFM →online registration/enrolment). The same shall be available effective July 14th 2008.
- New Student Registrations can opt for Examination only after 60 days of receipt of registration at FPSB India. This is to ensure the student undergoes minimum duration of “Education” requirement before appearing for the examinations
- Students can schedule any number of Examinations as per availability of seat
- As the student shall self schedule the Examination, no request for any changes related to Examination, test center, etc. shall be entertained.
- It is mandatory for the student to upload their photographs with NSE, if not done earlier. The same has to be done at www.nseindia.com
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| Examination Pattern (Exam 5) |
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- FPSB India shall send four probable case studies, 2 days in advance, to each student on their email id registered with FPSB India
- The Question paper shall consist of a Test Booklet having any two similar Case studies depicting real life scenarios of individual Financial Planning Situations.
- Each question will carry pre-specified marks for each correct answer.
- Students will be evaluated based on the following learning objectives:
a. Ability to comprehend and analyze client specific situations and select the best solution among the given options. This entails a thorough and sound understanding of the well-defined comprehensive CFPCM Certification Curriculum, covering all the Modules (Module I to Module VI).
b. Determining the client’s financial status by analyzing and evaluating the client's information.
- The following is the Question Paper Pattern :
| Type of Questions |
Number of Questions |
Total Marks |
| 3,4,5 Marks |
25-30 Questions from 2 Case Studies |
100 Marks (50 Marks each) |
- A student who scores 50% or more will pass the examination and anyone who scores below 50% (exclusive) will fail the examination.
- There is no negative marking in the Examination.
- Successful students in the CFPCM Certification examination are not given their scores or ranks as practiced in most International Professional Certification Examinations. However, given the aspiration needs of the students, grades will be provided to the successful students. The unsuccessful students shall get their marks in percentage terms along with the result.
- The following Grading System will be used to provide grades.
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| Examination Fee - Examinations 1,2,3 and 4 |
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The Examination Fee has been revised as below :
- For students taking the examinations from 1st April 2009 onwards: Rs 2,000/- per Examination
- Examination fee can be paid in 3 ways- cash payment at the designated ICICI Bank branches, net banking, Debit / Credit card. For details refer website www.nseindia.com
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| Examination Fees for Exam 5 |
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A fee of Rs. 5,000/- has been prescribed and is payable by a Bank Draft drawn on a bank in Mumbai in favor of Financial Planning Standards Board India. |
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Note : –Students are required to study 6 modules (details given below). However they have to appear in examinations of five modules as no separate examination is conducted for module 1 (Introduction to Financial Planning) and 20% weight age is given to this module in remaining 5 modules, which in other words covers the entire module 1 for the purpose of examination |
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