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Requirements of Registration as an Authorized Education Partner with FPSB India

1. The Education Partners have to maintain educational facilities self-owned or run on lease.

2. The Education Partners have to be established in accordance with relevant laws and regulations or by the Ministry of HRD / Education or by the Ministry of Labor.

3. General Education Partners should have more than one year’s experience of finance related education and training.

4. Representatives and Board Members / Governing Body of Education Partners should give an affidavit that they were never involved in legal proceedings or legal action because of education and training problems concerned.

5. Education Partners should periodically report the results of enrolment and enter into an agreement that they are writing to cooperate with FPSB India for the effective audit and inspection thereon.

6. Authorized capital of Rs. 1 Crore and paid up capital of at least Rs. 25 Lakhs (or equivalent in case of Trust / Society)

7. Fully customized / localized courseware according to FPSB India syllabus and vetting of subject topics.

8. Should be run by professional management. The details of the same should be furnished along with the application. Professional management may be defined as management with appropriate organization structure with qualified Executives, Head with suitable and qualified support staff in various functions like training, marketing, administration etc. with clear line of authority and responsibility. For all practical purposes, there shall be a single point contract for all interactions with the EP.

9. EP should commit sufficient expenditure under broad headings like Marketing, Administration, Academic Development, Infrastructure etc. Though this may be designed in accordance with the Business Plan of respective EP, yet to ensure appropriate congruence with the FPSB India’s overall Business Plan, FPSB India shall reserve its right to alter/demand certain modification as it may deem fit.

10. FPSB India would accept international alliances from prospective EP for the purpose of sourcing courseware and getting its localized, or to seek the courseware from any existing approved EP through an agreement and with due approval with an internationally registered institute which satisfies FPSB India’s education requirement.

Requirements of Curriculum

1. FPSB India shall have the copyright of the Financial Planning curriculum and Education Partners should arrange education programs in accordance with the standards of the curriculum. The course material that will address the FPSB India curriculum will however belong to the education Partner who develops it.

2. Education Partners should arrange curriculum according to lecturing hours and terms or period approved by FPSB India.

3. The curriculum of the Education Partners should include all the CFPCM Certification Education Program modules that the FPSB India prescribes.

4. The Education Partners should impart the Financial Planning education to students throughout the year based on the education calendar.

5. Instructors / faculty appointed by the EP's should be CFPCM Certificants. It will only recruit CFPCM practitioners as full/part time teachers / faculty within 2 years from the date of signing of the agreement for the first time.

6. Education Partners should update Financial Planning education programs and developments in accordance with the standards prescribed by FPSB India.

Expression of Interest to become EP

Educational Institutions of repute and Training Divisions of Financial Institutions may write to FPSB India in the Form given below expressing their interest to become an Authorized Education Partner

 
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