FPSB India, NISM Launch PG in Financial Planning

The Memorandum of Understanding (MoU) between FPSB India, represented by CEO Krishan Mishra, and NISM, represented by Registrar Sunil Kadam, aligns with the Union Budget 2024’s emphasis on skill development and employability, offering improved career prospects for finance professionals.

Left - Mr. Krishan Mishra, CEO, FPSB India & Right - Mr. Sunil Kadam, Registrar at National Institute of Securities Markets

Financial Planning Standards Board (FPSB) India and the National Institute of Securities Markets (NISM) have announced the launch of a new Postgraduate Program in Financial Planning. This collaboration also includes a series of Capacity Building Initiatives designed to enhance the securities market’s ecosystem.

Introducing the Postgraduate Program in Financial Planning

The newly introduced PG Program in Financial Planning is set to provide aspiring financial professionals and current industry experts with the advanced knowledge and skills necessary for success in the financial services sector. The Memorandum of Understanding (MoU) between FPSB India, represented by CEO Krishan Mishra, and NISM, represented by Registrar Sunil Kadam, aligns with the Union Budget 2024’s emphasis on skill development and employability, offering improved career prospects for finance professionals.

Krishan Mishra expressed his excitement about the partnership, stating, “We are profoundly grateful to Shri Sashi Krishnan, Director of NISM, for his support in this initiative. Our collaboration with NISM to offer this comprehensive Postgraduate Program and undertake joint Capacity Building initiatives represents a major step forward in our mission to enhance financial literacy and planning standards in India. This program will empower students to pursue successful careers in financial planning and make significant contributions to the country’s financial ecosystem.”

NISM’s Commitment to Financial Education

Sashi Krishnan, Director of NISM, echoed Mishra’s sentiments, highlighting the institute’s dedication to improving financial education and fostering financial responsibility. He stated, “NISM is dedicated to advancing capacity building within the securities markets and enhancing the quality of financial education. Our partnership with FPSB India will provide students and financial sector aspirants with a rigorous curriculum and access to industry experts, equipping them to address the evolving demands of the financial services industry.”

Krishnan further noted, “This program aligns with NISM’s goal to establish itself as a leading global institution for capacity building in the securities market. Our aim is to enhance the quality, compliance, efficiency, and effectiveness of market participants through skill development, professional training, and certification.”

Program Details and Future Outlook 

The Postgraduate Program in Financial Planning, scheduled to begin later this year, will feature extensive coursework covering crucial areas such as financial planning, investment management, risk assessment, and retirement planning. The program is designed to address the dynamic needs of the financial industry and prepare graduates for successful careers as Certified Financial Planners.

As India continues to establish itself as a major global financial hub, the collaboration between FPSB India and NISM is set to significantly influence the future of financial planning education. By leveraging the combined expertise and resources of both organizations, the program aims to offer a world-class educational experience that will shape the next generation of financial professionals.

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