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
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
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.
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
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
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.
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