Experience

Experience Criteria

With reference to “Experience” the following criterion is mandated:

S.No.	Employment Background	Number of years Work Experience2
1	Job In Financial Institution1	3 years
2	Self Employed1	3 years
3	Others3	5 years

1. This indicates full time employment with the organization. Financial Institutions are defined as Asset Management Companies, Banks, Distributors, Insurance Companies, Distributors, and Portfolio Management Services (PMS). Establishments should be registered with Reserve Bank of India (RBI), Securities Exchange Board of India (SEBI), Insurance Regulatory Development Authority (IRDA) or any other appropriate authority accordingly.

2. Work Experience relevant for candidates under S. No.1 & S. No. 2 has been defined as experience in Personal Finance Department / Division, wherein the candidate’s job-profile has been to interact/interface directly with the client and / or his portfolio.

3. Indicated candidates with prescribed educational qualifications but no experience working in any of the Financial Institutions as given in S. No.1 above.

Qualifying work experience is based on a 35-hour workweek and is defined as full-time (or equivalent part-time) personal Financial Planning services/ related employment or self-employment. In the performance of their job, candidates must have actively used the knowledge, skills and abilities required for the Certified Financial Planner Examination (for a listing of topics, please refer to the Certified Financial Planner Syllabus and the Experience gained should help the candidate in the application of the personal Financial Planning process to meet client needs. This Experience can be gained in the following areas provided it meets the conditions listed above;

Accounting

Banking/Trust

Consulting

Estate Planning

Financial Planning/Management

Securities/Investment Funds

Taxation

Journalism/Writing on Personal Finance

Law

Insurance

Retirement/Pension Planning/Employee Benefit

Portfolio/Investment Management

Teaching at a post-secondary level

Other relevant experience will be considered on a case-by-case basis. To verify their experience, candidates must submit an up-to-date résumé detailing previous work experience, including specific start and end dates with their examination application. They must also include a letter signed by their supervisor or manager detailing the candidate’s current position, nature of activities, work start date and the signatory’s contact information. Candidates who do not meet the Experience requirement will not be eligible for the Challenge Status Program.

The application for this Program will be accepted after appropriate verification, and it may be noted that meeting the above-mentioned Qualification and Experience criteria does not automatically deem the candidate eligible for the Challenge Status Program. Candidates must provide attestation from their governing Professional Body/ Gazetted Officer confirming their membership / qualification is in good standing/in order. PhD. candidates must provide proof of successful completion of the specific PhD. program.