IIM Bangalore, FPSB India Launch Personal Finance Program

• IIM Bangalore and FPSB India collaboration launches certified personal finance and wealth advisory programme for professionals.
• PFWA curriculum integrates academic learning with real-world financial planning tools and emerging industry frameworks.
• Graduates gain IIMB alumni status and possible fast-track eligibility for CFP certification pathway.

IIM Bangalore and FPSB India have teamed up to introduce a new certificate programme in personal finance and wealth advisory aimed at equipping finance professionals with cutting-edge skills for today’s dynamic financial services sector.

Launched by the Indian Institute of Management Bangalore (IIMB) in collaboration with the Financial Planning Standards Board India (FPSB India), the Personal Finance and Wealth Advisory (PFWA) programme has been developed by the Centre for Capital Markets and Risk Management (CCMRM) to blend rigorous academic learning with practical industry relevance.

The initiative reflects both institutions’ commitment to strengthening the financial planning ecosystem by nurturing professionals who can navigate the complexities of modern personal finance and wealth management. FPSB India, known for administering the globally recognized Certified Financial Planner (CFP) certification, brings its industry leadership to the programme, underscoring the importance of professional standards in financial advice.

According to Dr. Aishwarya Krishna, Research Consultant at CCMRM, the curriculum of the PFWA programme has been carefully designed to align with current market requirements, combining foundational concepts such as microeconomics and business insights with advanced tools including datasets and contemporary advisory frameworks. This structure aims to prepare participants for real-world challenges in financial planning and client advisory roles.

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Professionals who successfully complete the programme will be awarded IIMB EEP Alumni Status and may also qualify for a Fast Track Pathway towards CFP certification through FPSB India, offering a valuable advantage for those seeking accelerated credentials in the field.

The launch event saw senior representatives from IIM Bangalore, members of the Council of Financial Planners (COFP), and delegates from FPSB India in attendance. During the ceremony, FPSB India formally accredited the PFWA programme, reinforcing its dedication to expanding access to high-quality financial planning education across India.

This initiative is part of a broader trend in Indian higher education, where leading management institutions like IIM Bangalore are introducing specialized finance-oriented certificate programmes to address evolving industry needs and enhance professional pathways in wealth management and financial advisory.