Exams
THE CERTIFICATION ASSESSMENT PATHWAY TO ATTAINING YOUR CFP® DESIGNATION
To register for the CFP® professional assessment, candidates must first meet one of the following educational requirements:
– Hold a Postgraduate Diploma in Financial Planning or
– Hold a Bachelor of Commerce Honours in Financial Planning or
– Have an advanced degree or professional designation as recognised by the FPI Recognition of Prior Learning (RPL) criteria.
Once the educational requirement is met, candidates may register for the assessment. This involves completing an eight-week financial plan capstone course and submitting a financial plan for competency evaluation. There are three assessment pathways, each tailored to the candidate’s schedule for completing the integrated case study provided by their education institution.
2. THE LEGACY CFP® CERTIFICATION ASSESSMENT PATHWAY
CFP® candidates who attained the integrated case study during or before 2023 must complete the following assessment requirements:
- MULTIPLE-CHOICE EXAMINATION
Fifty randomised questions based on theoretical financial planning knowledge. To achieve competency, a candidate must obtain a minimum of 60 %. Candidates will gain access to the learning support portal, once registered and the assessment fee is paid. The portal provides a wealth of preparation material including relevant FPI regulations and instructions, mock examination and access to recorded training webinars.
Registrations close two weeks before the examination date. New registrations and deferrals will not be considered after this deadline.
- CAPSTONE
Eight-week online professional course culminating in the creation of a professional-quality financial plan. The program is led by industry experts and integrates theoretical knowledge with practical skills.
- FINANCIAL PLAN
The submission of the financial plan for assessment and the determination of competency.
3. THE RPL CFP® CERTIFICATION ASSESSMENT PATHWAY
Candidates who hold a qualification that the FPI considers for Recognition of Prior Learning are identified as being on the RPL PATHWAY:
- MULTIPLE-CHOICE EXAMINATION
The multiple-choice examination is a four hour, 50 – mark online assessment based on theoretical financial planning knowledge. To achieve competency, a candidate must obtain a minimum of 60 %. Candidates will gain access to the learning support portal, once registered and the assessment fee is paid. The portal provides a wealth of preparation material including relevant FPI regulations and instructions, mock examination and access to recorded training webinars.
Registrations close two weeks before the examination date. New registrations and deferrals will not be considered after this deadline.
- CAPSTONE
Eight-week online professional course culminating in the creation of a professional-quality financial plan. The program is led by industry experts and integrates theoretical knowledge with practical skills.
- FINANCIAL PLAN
The submission of the financial plan for assessment and the determination of competency.