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About CFPCM Certification
Benefits of CFPCM Certification
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Sample Papers (Exam 1-4)
Sample Papers (Exam 5)
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Overview
Examination Pattern (Exam 1 to 4)
Examination Pattern (Exam 5)
Permitted Accessories
Examination Results
Examination Enrolment Process (Exam 1 to 4)
Examination Enrolment Process (Exam 5)
 
Overview
 
Exam Name Modules Tested Centres Exam Date Duration Exam Language Exam Fees Enrollment trough Regular Pathway Challenge Status Pathway
Exam 1 Risk Analysis & Insurance Planning + Introduction to Financial Planning 105 NSE Centres Daily (Mon-Sat) 2 Hrs English 2,875 NSE Website  
Exam 2 Retirement Planning & Employees Benefits + Introduction to Financial Planning 105 NSE Centres Daily (Mon-Sat) 2 Hrs English 2,875 NSE Website  
Exam 3 Investment Planning + Introduction to Financial Planning 105 NSE Centres Daily (Mon-Sat) 2 Hrs English 2,875 NSE Website  
Exam 4 Tax Planning & Estate Planning + Introduction to Financial Planning 105 NSE Centres Daily (Mon-Sat) 2 Hrs English 2,875 NSE Website  
Exam 5 Advanced Financial Planning 105 NSE Centres Daily (Mon-Sat) 4 Hrs English 6,900 NSE Website
 

Examination Pattern (Exam 1 to 4)

    The Questions are based on respective Modules of the CFP Certification Curriculum
    The candidates will answer a multiple choice objective type examination,administered on-line by NSE.
    All questions are designed to have a question body with 4 alternative options.
    There is no negative marking.
    The following is the Question Paper Pattern
 
• One-fifth of the marks will be allotted in each of Exam 1 – 4 to the module “Introduction to Financial Planning”
 
Type of Questions Number of Questions Total Marks
1 Mark 38 38 Marks
2 Mark 15 30 Marks
3 Mark 14 42 Marks
4 Mark 10 40 Marks
Total 77 150 Marks
    The following Grading System will be used to provide grades.
Grade Score (Percentage)
A Equal and above 75%
B Equal and above 60% and less than 75%
C Equal and above 50% and less than 60%
Fail Less than 50%
 
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Examination Pattern (Exam 5)

    FPSB India shall upload on their website probable case studies, out of which any two will be asked in the examination.
   

The case studies depicting real life scenario 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:
    Determining the client’s financial status by analyzing and evaluating the client's information.
    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).
    The following is the Question Paper Pattern for each of the two case studies to be asked in Exam 5/CSP.
 
Pattern of Questions in a Case Study
    Module I Module II Module III Module IV Module V
    No_Items Marks No_Items Marks No_Items Marks No_Items Marks No_Items Marks
Marks Category 2 2 4 1 2 0 0 1 2 1 2
3 1 3 1 3 1 3 0 0 1 3
4 0 0 1 4 0 0 1 4 0 0
5 0 0 0 0 1 5 2 10 1 5
 Total 3 7 3 9 2 8 4 16 3 10
 
    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 CFP 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. Unsuccessful students shall get their marks in percentage terms along with the result.
    The following grading system will be used to provide grades.
 
Grade Score (Percentage)
A Equal and above 75%
B Equal and above 60% and less than 75%
C Equal and above 50% and less than 60%
Fail Less than 50%
 
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Permitted Accessories

Students are permitted to use their own calculators – regular / scientific / financial. No exchange of accessories will be permitted during the examination. Students shall also have access to Excel/Calculator in the computers provided by NSE. Kindly note;

    Students should not carry hard copy of the case studies uploaded on the website, or for that matter any other paper printed or handwritten in the examination hall.
    Students are not allowed to carry Laptop, Palmtop, Log Tables, Annuity tables etc.
   

Students are not allowed to use Calculator in their Mobile Phones.

   

Mobile phones have to be necessarily kept in the “switched off” mode during the examination.

 
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Examination Results

Results will be declared by the system itself once the student clicks the ‘Submit’ button after the Examination is completed or if the Examination duration is elapsed the system will treat the answer sheet as submitted and result will be displayed on the screen. Students shall get a printout of their result at the test center after the Examination.

 
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Examination Enrolment Process (Exam 1 to 5)

    Login to NSE’s Website by using your NSE-NCFM Username & Password
    Availability: Check for seat availability
    Payment: The payment needs to done directly to NSE on the online platform
    Enrollment: Schedule your examination online i.e. name of the Exam, date, time, venue.
    Students will be eligible to schedule any of the FPSB India’s Exam 1 – 4 online; after passing each of these four exams, a candidate will be eligible to enroll for Exam 5 online
    After the Enrolling for any exam, candidates will receive only e-mails and sms alerts from NSE on their registered email IDs and cell numbers. Students are advised to upload their photos in their NCFM registration form, if not already done. It is advisable to carry one’s Photo ID at the Examination Centre

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