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Raipur, July 3, 2026: FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB), USA, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Management (IIM) Raipur to co-create an industry-relevant Executive Programme in Financial Planning integrated with the globally recognised CERTIFIED FINANCIAL PLANNER® certification.
The 11-month Executive Programme will bridge the industry-academia gap, building future-ready competencies, develop ethical and client-centric financial planning professionals equipped to meet the evolving needs of the financial services sector. Combining the academic excellence of IIM Raipur, the Executive programme will be offered through a blended learning format and integrated with the CFP Certification via the Fast Track Pathway.
Speaking on the MoU signing, Ramesh Vishwanathan, CEO, FPSB India, said, “At FPSB India, we are committed to nurturing professionals who can address the complex financial needs of individuals and families in an increasingly dynamic environment. Our partnership with IIM Raipur reflects a shared vision of elevating professional standards in financial planning through a blend of academic excellence and globally benchmarked certification. This programme will prepare participants to think strategically, act ethically, and deliver meaningfully to their clients’ financial well-being.”
Prof. Sanjeev Prashar, Director In charge, IIM Raipur, added, “As the financial services industry continues to evolve, there is a growing need for professionals who can combine business acumen with holistic financial planning expertise. We are delighted to partner with FPSB India to contribute to the financial education ecosystem in the country and strive to deliver industry-relevant education that bridges academia and practice.”
The programme will offer advanced management insights and professional financial planning expertise to the students and aspirants.
The MoU was formally signed by Prof. Sanjeev Prashar, Director In charge, IIM Raipur and Ramesh Vishwanathan, CEO, FPSB India, in the presence of the key officials from FPSB India and IIM Raipur.
This transformative collaboration between IIM Raipur and FPSB India is set to shape the future of financial planning education in India. This Executive Programme intends to equip participants with the knowledge, skills, and strategic perspective needed to excel and address the changing needs of the financial services industry. Designed for ambitious professionals, the programme bridges theory and practice to create future-ready leaders in financial planning.
The MoU underscores IIM Raipur’s vision to foster interdisciplinary and industry-oriented partnerships that enhance the relevance, rigour, and practical applicability of management education. Through this collaboration with FPSB India, students will gain exposure to globally recognised financial planning standards, while faculty members and researchers will engage with emerging developments in financial planning, wealth management, and behavioural finance. Both institutions expressed confidence in the partnership's transformative potential and reaffirmed their shared vision of creating meaningful value for students, practitioners, and the broader financial services ecosystem in India.
About FPSB India
FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB), the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER certification program. For more information, visit india.fpsb.org
About FPSB Ltd.
FPSB manages, develops and operates certification, education and related programs to benefit the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB demonstrates its commitment to excellence with the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo Mark – which it owns internationally. FPSB and its global network of organizations certify CFP professionals in 29 territories. CFP professionals are certified in Australia, Austria, Brazil, Brunei, Canada, Chinese Taipei, Colombia, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Macau, Malaysia, the Netherlands, New Zealand, People’s Republic of China, Republic of Korea, San Marino, Singapore, South Africa, Switzerland, Thailand, the United Kingdom and the United States. There are 236,300 CFP professionals worldwide. For more, visit fpsb.org
FPSB owns the CFP, CERTIFIED FINANCIAL PLANNER and (the CFP Marks) outside the United States, and permits qualified individuals to use the marks to indicate that they meet FPSB’s initial and ongoing certification standards and requirements. CFP professionals may use the CFP marks in the territory or region in which they are certified.
About CFP Certification
CFP certification is the global symbol of excellence in financial planning and represents financial planners who commit to standards of competency and ethics, and to putting clients’ interests first. The CERTIFIED FINANCIAL PLANNER credential represents financial planning professionals who commit to better serving their clients through rigorous international standards, ethical practices and lifelong learning.
CFP Certification Global excellence in financial planning™
About IIM Raipur
Established in 2010, IIM Raipur is a hub for nurturing dynamic leaders, equipping them with the knowledge, experience, and invaluable contacts needed to excel in their respective fields of business. Our institution draws strength from over 50 accomplished academicians across various business domains and over 700 of the brightest minds in the country. In 2025, IIM Raipur proudly achieved significant rankings, including 15th in the MHRD-NIRF Business Ranking and 13th in the IIRF 2025 Ranking. In 2024, secured the top spot in the CSR-GHRDC B-school Ranking, and ranked 8th in the Outlook-ICARE list. We are one of the fastest-growing IIMs in the nation. Nestled in the vibrant heart of Chhattisgarh, Naya Raipur, our new, state-of-the-art campus seamlessly blends modern architecture with Chhattisgarh's rich culture and heritage, creating a unique and inspiring learning environment.
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