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Examination

 
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 71 NSE Centres Daily (Mon-Sat) 2 Hrs English 1500 NSE Website  
Exam 2 Retirement Planning & Employees Benefits + Introduction to Financial Planning 71 NSE Centres Daily (Mon-Sat) 2 Hrs English 1500 NSE Website  
Exam 3 Investment Planning + Introduction to Financial Planning 71 NSE Centres Daily (Mon-Sat) 2 Hrs English 1500 NSE Website  
Exam 4 Tax Planning & Estate Planning + Introduction to Financial Planning 71 NSE Centres Daily (Mon-Sat) 2 Hrs English 1500 NSE Website  
Exam 5 Advanced Financial Planning 6 NSE Centres Monthly (3rd or 4th Sat) 4 Hrs English & Hindi 5000 FPSB India 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
 
Type of Questions Number of Questions Total Marks
1 Mark 40 40 Marks
2 Mark 20 40 Marks
4 Mark 15 60 Marks
Total 75 140 Marks
 
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Examination Pattern (Exam 5)

    FPSB India shall send four probable case studies, 7 days in advance, to each student on their email id registered with FPSB India.
    The Question paper shall consist of a Test Booklet having any two similar Case studies depicting real life scenarios 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 CFP Certification Curriculum, covering all the Modules (Module I to Module VI).
    The following is the Question Paper Pattern
 
Type of Questions Number of Questions Total Marks
3,4,5 Marks 25-30 Questions from 2 Case Studies 100 Marks(50 Marks each)
 
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Examination Pattern (Exam 5)

    A student who scores 60% or more will pass the examination and anyone who scores below 60% (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. The 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 80%
B Equal and above 70% and less than 80%
C Equal and above 60% and less than 70%
Fail Less than 60%
 
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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 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 4)

    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 4 Examinations online
    Online Admit Card – Only after the Enrolling for the Exam. Student are expected to take the print of the same and produce it along with a Photo ID at the Examination Centre
    Repeat the Enrollment process to schedule one or more of the Exam 1-4.

 
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Examination Enrolment Process (Exam 5)

    Login into FPSB India Website using your Login ID and Password
    Click on Exam 5 Enrollment and fill the form
    The Exam Fees needs to be paid using Online Payment Gateway or by DD
    If the payment mode is DD, then take a print out of the Filled Form and send it to FPSB India office.
    FPSB India will schedule the exams with NSE i.e. Exam, date, time, venue.
    Admit Card: Candidates will receive only emails alerts and SMS alerts from NSE confirming their exam. Student is expected to take the print of the same and produce it along with a Photo ID at the Examination Centre before taking the Exam.
    The Exam 5 Calendar for the 2008-09 is as follows
 
S.No. Exam Date (Tentative) Last date for Enrolling for Exam
1 April 20, 2008 March 20, 2008
2 June 21, 2008 April 21, 2008
3 July 26, 2008 June 26, 2008
4 August 23, 2008 July 23, 2008
5 September 20, 2008 August 20, 2008
6 October 18, 2008 September 18, 2008
7 November 8, 2008 October 8, 2008
8 November 29, 2008 October 29, 2008
9 December 20, 2008 November 20, 2008
10 January 24, 2009 December 24, 2008
11 February 21, 2009 January 21, 2009
12 March 21, 2009 February 21, 2009
 
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