Preparatory Course for Certified Financial Planner (CFP)


The Examinations


Examination Duration and Format

 

  • Examinations for Education Program are held three times a year - Mar/Apr, Jul/Aug and Nov

    Rules of Progression

 

  • New entrants into the CFP® Certification Programme are allowed to attempt a maximum of three new modules, where Module 1 is compulsory and the other two is made up from Modules 2 to 5, at the first examination sitting
  • Thereafter, candidates are allowed to attempt any or all Modules 2, 3, 4 and 5 at each examination sitting if they have passed Module 1. Otherwise, they are only allowed to attempt a maximum of two new modules per examination sitting, to be accompanied by Module 1
  • Module 6 can only be attempted upon the successful completion of Modules 1, 2, 3, 4 and 5. Module 6 will comprise of a Case Study (w.e.f. Jan 2010)
  • There is no limit to the number of times a candidate may retake a module examination. However, the candidate is required to pay the current applicable examination fees for each intake. Candidates studying for the CFP® Certification Education Program are reminded that they are entitled to a maximum of 7 years to complete the program
  • If the candidate is unable to complete the 6 modules after the 7 years, he/she will be required to re-register for the CFP® Certification Education Program course. In other words, he/she is required to re-take Modules 1-6 (exceptions apply for AFPCM and AWPCM). However, if the candidate is only left with Module 6 before completing the CFP® Certification Education Program, he/she may write a formal request to FPAS for a 12-month extension of the 7-year completion requirement. Approval is strictly subjected to FPAS Management's discretion, and an admin fee of $25 must be submitted together with your request
  • All examinations are conducted using the pencil-and-paper format
  • Candidates are required to complete the following 6 Modules of the CFP® Certification:

    Module
    Exam Duration
    Exam Format
    Module 1 - Foundations in Financial Planning
    3 hrs
    95 MCQ
    Module 2 - Risk Management and Insurance Planning
    3 hrs
    95 MCQ
    Module 3 - Tax Planning and Estate Planning
    3 hrs
    95 MCQ
    Module 4 - Investment Planning
    3 hrs
    95 MCQ
    Module 5 - Retirement Planning
    3 hrs
    95 MCQ
    Module 6 - Financial Plan Construction and Professional Responsibilities
    3 hrs
    Case Study


Examination Booking


FPAS is solely responsible for all matters pertaining to applications for certifications, exemptions and examinations. If you have queries on these, call FPAS at Tel: 6372 1030 or email to:

Membership Services membershipfeedback@fpas.org.sg
Exemption Issues exemption@fpas.org.sg
Examination Issues examination@fpas.org.sg
Any other matters or feedback fpas@fpas.org.sg


Student Membership Registration

 

  • Candidates enrolling in the AFPCM / AWPCM / CFP® Program must apply for FPAS student membership by completing the FPAS Student Membership Registration Form online at  http://www.fpas.org.sg/Forms-MEM.asp
  • The current year's annual membership fee is pro-rated, based on your date of application as per the table below:

 
Jan - Mar
Apr - Jun
Jul - Sep
Oct - Dec
 
S$80.00
S$60.00
S$40.00
S$20.00


  • Subsequent renewal date will be on 31st December of each year.
  • Cheque should be crossed and made payable ‘FPAS’. Please send the cheque and a printed copy of your online registration form to this address:

    Financial Planning Association of Singapore (FPAS)
    146 Robinson Road #04-02 Singapore 068909

Kindly note that the FPAS Online Student Membership Registration must be accompanied by a cheque payment to be received by FPAS within 14 days or by the stipulated registration deadline, whichever is earlier. This transaction will automatically be voided if FPAS does not receives payment by then.