New Delhi: Financial Planning Standards Board (FPSB) CEO Krishna Mishra said the country needs a new generation of financial planning professionals who can act as advisors to clients.
There are currently 2,731 certified financial planners (CFPs) in India who are working in the industry as well as practicing individually, the FPSB said in a statement.
“Most people who are in the industry can manage their organization very well, but when it comes to their personal finances, they also struggle, whether I'm a CEO, CFO, CHRO.
“This is why we need to create a new breed of financial planning professionals who can be advisors to clients,” Mishra said.
Mishra was speaking on the sidelines of the signing of a Memorandum of Understanding (MoU) with the Indian Institute of Foreign Trade (IIFT), Delhi on Friday to launch integrated executive and regular PG programs with Certified Financial Planner (CFP) certification.“This collaboration underscores our shared commitment to excellence in education and our dedication to developing the next generation of financial planners equipped with the globally recognized CFP certification,” Mishra said.
“The beauty of the industry is that it not only helps you in getting employment but also in practicing entrepreneurship,” Mishra said.
FPSB said the programs are designed to equip working professionals and students with the essential knowledge and skills needed to excel in the field of financial planning.
It said the curriculum highlights investment planning in the first module, insurance retirement and tax planning in the second module and wealth planning and risk management in the third module.
FPSB India is a leading financial planning body in India and is dedicated to setting, maintaining and promoting professional standards in financial planning across India.
There are currently 2,731 certified financial planners (CFPs) in India who are working in the industry as well as practicing individually, the FPSB said in a statement.
“Most people who are in the industry can manage their organization very well, but when it comes to their personal finances, they also struggle, whether I'm a CEO, CFO, CHRO.
“This is why we need to create a new breed of financial planning professionals who can be advisors to clients,” Mishra said.
Mishra was speaking on the sidelines of the signing of a Memorandum of Understanding (MoU) with the Indian Institute of Foreign Trade (IIFT), Delhi on Friday to launch integrated executive and regular PG programs with Certified Financial Planner (CFP) certification.“This collaboration underscores our shared commitment to excellence in education and our dedication to developing the next generation of financial planners equipped with the globally recognized CFP certification,” Mishra said.
“The beauty of the industry is that it not only helps you in getting employment but also in practicing entrepreneurship,” Mishra said.
FPSB said the programs are designed to equip working professionals and students with the essential knowledge and skills needed to excel in the field of financial planning.
It said the curriculum highlights investment planning in the first module, insurance retirement and tax planning in the second module and wealth planning and risk management in the third module.
FPSB India is a leading financial planning body in India and is dedicated to setting, maintaining and promoting professional standards in financial planning across India.
