Specialist Course Exam

FPSB Ltd. will have a total of four certification exams in India (assessing the competencies of the three specialist courses and the culminating CFP certification marks), leading to CFP certification in India. Exam registration is open in myFPSBLearning for students who have completed the Investment Planning Specialist and/or Retirement and Tax Planning Specialist courses.

Please note,  due to the integrity of our exam, FPSB must use a Secure Lock Down Browser. In order to use this browser windows is the only compatible operating system and iOS will not be allowed. As such, students will not be able to take exams on a Macbook. Also, the secure browser does not allow the student to navigate to other tabs, therefore excel/open office will not be allowed in the exams either. Please refer to our exam procedures and exam prep course work for more information. 

Each Specialist exam is 2-hours, 75 multiple-choice question, and available on computer to be taken remotely. It is based on a specification developed from the

  • FPSB® Investment Planning Specialist Competency profile (see the FPSB® Investment Planning Specialist Exam Blueprint for more information).
  • FPSB® Retirement and Tax Planning Specialist Competency profile (see the FPSB® Retirement and Tax Planning Specialist Exam Blueprint for more information).
  • FPSB® Risk and Estate Planning Specialist Competency profile (see the FPSB® Risk and Estate Planning Specialist Exam Blueprint for more information).

Each exam assesses the level of knowledge for that specialist, skill and ability needed to earn that FPSB Specialist credential, including the functions of collection, analysis, and synthesis. Each question on the exam focuses primarily on a specific element of competency from that FPSB Specialist Competency Profile, with each question being equally weighted.

 

Specialist Course Exam Details

  • 75 multiple-choice questions (4 possible answer choices)
  • Computer-based testing format
  • Duration – two hours
  • Financial calculators permitted (data must be erased)
  • Excel not allowed
  • There will be two possible marks: correct, with points allotted; or incorrect, for zero points. Students will not have points deducted (referred to as ‘negative marking’).

Students have three years from date of enrollment with FPSB Ltd. to complete the education course and pass the exam.

The student must complete the education requirement to be eligible to take the exam.

Upon successful completion of the education requirement for a Specialist course, whether through an FPSB instructor-led or self-paced education course or through recognition of prior learning, students will be able to sit for the FPSB Specialist exam.

 
 

CFP Capstone Exam

Upon successful completion of the CERTIFIED FINANCIAL PLANNER education (available October 2020) requirement, candidates will be able to sit for the exam.

The exam assesses the level of knowledge, skill and ability needed to earn the CERTIFIED FINANCIAL PLANNERCM credential, including the functions of collection, analysis and synthesis (detailed further below). Each question on the exam focuses primarily on a specific element of competency from the CERTIFIED FINANCIAL PLANNERCM Competency Profile (Appendix A) and may require integration across several competencies.

 

CFP Capstone Exam Details

  • The exam is 3 hours long
  • The exam consists of two sections, taken in a specific order
  • The exam is a multiple-choice format; each question has four possible answer choices, one of which is clearly the best choice
  • Computer-based testing format
  • Financial calculators are allowed (once data is erased)