CFP PROGRAM - Entry Requirement

ENTRY REQUIREMENT

PATHWAYS TO CFP CERTIFICATION

All candidates must be registered with Universiti Putra Malaysia (FPAM approved education provider). There are 3 options to complete the certification course as seen in this diagram below:

OPTION A: FULL EXAMINATION (NO EXEMPTION)

1. Minimum requirement: A Bachelor’s degree

2. Required to sit for the entire certification course, which comprises of the following modules:

a. Module 1 – Foundation in Financial Planning with Behavioural Psychology of Financial Planning

b. Module 2 – Insurance and Risk Management with Estate Planning

c. Module 3 – Investment Planning and Portfolio Management

d. Module 4 – Retirement Planning and Tax Planning

e. Module 5 – Financial Plan Construction and Professional Responsibilities

*Those without a Bachelor Degree but with a minimum SPM qualification with 5 years of full time working experience in the *financial services field can register for the program by passing the Prior Learning Recognition Assessment conducted by FPAM.

*personal finance related experience can be in any of the following areas: insurance, mutual funds, securities, asset management, accounting, estate planning, banking, taxation, trusts, retirement planning and financial planning and must be within the 5 years prior to application.

OPTION B: PARTIAL EXEMPTION ON MODULES

Holders of the following qualifications are granted exemption on the following modules as their professional qualifications cover partial components in financial planning (terms & conditions apply):

OPTION C: CHALLENGE STATUS

Only Malaysians who possess the following qualifications or professional credentials with 3 years relevant work experience in personal finance* are eligible to apply. Exemption is for Modules 1 to 4 of the certification. Applicants are allowed only 3 consecutive attempts under this option (terms & conditions apply).

*personal finance related experience can be in any of the following areas: insurance, mutual funds, securities, asset management, accounting, estate planning, banking, taxation, trusts, retirement planning and financial planning and must be within the 5 years prior to application.