The National Institute of Securities Markets (NISM) and FPSB India have collaborated to launch a joint program aimed at integrating the CERTIFIED FINANCIAL PLANNER® (CFP) certification with academic programs at NISM. This initiative aligns with NISM’s commitment to enhance educational offerings and equip students with essential skills and knowledge for successful careers in the finance industry.
The Post Graduate Program In Financial Planning (PGPFP) is designed to provide participants with a comprehensive understanding of financial planning principles, strategies, and tools. The course aims to develop expertise in areas such as investment planning, tax planning, retirement planning, risk management, and estate planning. By the end of the program, participants will be well-equipped to offer sound financial advice, help clients achieve their financial goals, and maintain ethical and client-centered practices in line with global financial planning standards.
Aspiring financial planners looking to build a career in financial advisory services.
Finance professionals seeking to enhance their skills and knowledge in personal financial planning.
Individuals working in banking, insurance, and wealth management who want to deepen their understanding of financial planning
Students pursuing careers in finance, investment management, or related fields who wish to specialize in personal financial advisory services.
Understand the structure, functions, and regulatory aspects of financial markets.
Develop the ability to design personalized investment plans based on asset allocation, risk tolerance, and financial goals.
Apply risk management techniques and estate planning strategies, including insurance solutions and wealth transfer mechanisms.
Create comprehensive retirement and tax planning strategies that ensure tax-efficient and sustainable retirement income.
Analyse and evaluate mutual funds and fixed-income securities, enhancing skills in portfolio selection and investment analysis.
The National Institute of Securities Markets has carved a niche for itself in both education and research. Since 2009, it has conducted a number of niche programs of durations ranging from one month to two years, with more than 1000 alumni rendering their services in professionalizing the markets. NISM has also fulfilled its research mandates through research projects for the Ministry of Finance and SEBI. It has also been conducting training programs for officers from IRS, IAS, ICLS, CAG, SEBI, RBI, etc. The Institute’s training programs have also benefitted regulatory staff members from SAARC nations and the CLMV (Cambodia, Laos, Myanmar and Vietnam) nations. Customized corporate training programs also feature regularly as part of its ongoing activities.
With this rich experience in education and research over a decade, the program has been carefully crafted to impart the complete set of knowledge and skills in vital and emerging application areas, benchmarked with the best in India and overseas.
During the industry interaction sessions held at NISM, the participants get an opportunity to interact with esteemed officers of SEBI, stock exchanges, market intermediaries and industry experts from various domains of the financial markets.
NISM’s Library has a collection of around 10,000 books, apart from various periodicals. It has one of the richest collections in the country in Economics, Finance, Securities Markets and Compliance. Subscription to electronic journals through EBSCO is also available, for accessing scientific journals
FPSB India, on the other hand, is the leading professional body dedicated to setting global standards for financial planning education in India. As the owner of the internationally recognized CERTIFIED FINANCIAL PLANNER® (CFP) certification, FPSB India plays a pivotal role in shaping the future of financial planning professionals in the country. By collaborating with NISM, FPSB India aims to provide a comprehensive pathway for aspiring financial professionals to build a successful career in the realm of financial services.
The CFP certification, regarded as the gold standard in financial planning globally, prepares candidates to meet the rising demand for skilled financial planners who can deliver holistic financial advice to clients in a complex and evolving market. By blending NISM’s academic expertise with FPSB India’s industry-aligned certification, this collaboration ensures that participants of the PGPFP program receive both a solid educational foundation and the practical skills necessary to excel in the financial services industry. This program, therefore, opens up a wide range of career opportunities, positioning graduates to excel in various roles such as financial advisors, wealth managers, and investment specialists.
Together, NISM and FPSB India create a unique offering that addresses the burgeoning demand for skilled professionals in India’s financial services industry while maintaining global standards in financial planning education.
The duration of the program is 12 months. The course is structured into four semesters, each lasting three months. There will be a total of 10 modules. Each term consists of 90 hours of contact teaching and 10 hours dedicated to assignments, presentations, and classroom quizzes. The total contact teaching Hours of the course will be 360 Hours and 05 Hours of Professional Ethics module as detailed below:
| Term | Module | Teaching Hours | Certification / Evaluation |
|---|---|---|---|
| Term 1 | Securities Markets Foundation | 15 | NISM Series-XII Certification Examination |
| Investment Planning | 60 | FPSB® Investment Planning Specialist | |
| Quantitative Methods | 15 | Internal Evaluation & Assignment | |
| Term 2 | Risk and Estate Planning | 60 | FPSB® Specialist Certification |
| Mutual Funds Foundation (Shifted from Term 1) | 15 | NISM-Series-V-A: Mutual Fund Distributors Certification Examination | |
| Securities Analysis | 15 | NISM-Series-XV: Research Analyst Certification Examination | |
| Term 3 | Financial Modeling for Financial Planner | 15 | Internal Evaluation & Assignment |
| ESG Integration for Investment Analysis | 15 | Internal Evaluation & Assignment | |
| Risk and Estate Planning | 60 | FPSB® Specialist Certification | |
| Retirement and Tax Planning | 45 | FPSB® Specialist Certification | |
| Term 4 | Integrated Financial Planning | 60 | FPSB® Specialist Certification |
| Investment Advisors Operational and Regulatory Aspects | 15 | NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination | |
| Fixed Income | 15 | Internal Evaluation & Assignment | |
| Professional Ethics | 5 | Self Learning E-Module | |
| Total Hrs | 365 | ||
In addition to the core curriculum, the program includes two immersive weeks at NISM campus. The immersion weeks covers workshops on Behavioural Finance, Communication Skills, and Leadership Skills Development program.
Two Days campus immersion at the beginning of the program and Three Days campus immersion during or after the fourth term. The dates of the campus immersion will be intimated separately. The lodging and boarding charges for Single AC occupancy will be included in the program fee. However, all traveling expenses shall be borne by the individual candidate.
Accommodation for out stationed candidates coming to attend the campus immersion program would be available from the noon of one day prior to the start date to the afternoon of one day after the end date of the campus immersion program.
1. Textbooks and Reference Books: Recommended readings from industry-standard texts on financial planning, portfolio management, and investment analysis. The reference book will be made available in NISM Library.
2. Bloomberg Terminal, Prowess, Ace, Morning Star Research Database: Resources for real-time financial data, analytics, and market trends, integrated into course learning and labs.
3. NISM and FPSB Resources: Certification materials and exam preparatory resources from NISM and FPSB.
Delivery Mode & Teaching Resources
The program will be conducted in online mode. The lectures will be delivered by a distinguished panel of NISM faculty, market professionals, seasoned industry experts, and officers from SEBI, ensuring that learners benefit from real-world expertise and regulatory perspectives. This combination of academic rigor and professional experience equips participants with the skills needed to excel in today’s dynamic financial markets.
The program will be offered on weekends in a Online Mode. Classes will be conducted live through NISM’s virtual learning platform.
| Day | Indicative Timings | Teaching Hours |
| Saturday | 6:00 PM to 9:15 PM | 3 Hours (Including Break) |
| Sunday | 10:00 AM to 5:15 PM | 6 Hours (Including Breaks) |
Participants are required to pass all examinations including NISM and CFP certifications for successful completion of the program. In addition to certificate exams (NISM and CFP certification), internal assessment comprising of Individual and group assignments, quizzes etc., will also be conducted for each module.
Completion of the three FPSB exams is mandatory to obtain the PGPFP, except for the FPSB Integrated Financial Planning module. Participants who successfully complete all the mandatory NISM and FPSB India certifications, along with the required internal assignments and minimum attendance, will be eligible for a Certificate of Completion from NISM and FPSB jointly.
Students can complete remaining certifications within three months after the last semester.
(I) NISM invites online applications for admission to the PGPFP Admission 2026-27 (Batch-II).
(ii) Registration will start on December 30, 2025 (1730 Hrs) and the last date of online registration will be on 15th April 2026.
(iii) Candidates need to create their Login ID (USERNAME & PASSWORD) for online registration at https://apply.nism.ac.in/pgpfp-application-form Upon successful registration, a User-ID and Password will be sent to registered email ID and mobile number of the candidate.
(iv) Candidates need to submit an application/admission data form along with a non-refundable registration fee of Rs. 500/- (Rupees Five Hundred Only).
(v) Applications in any other mode will not be accepted.
(I) Interested applicants who fulfil the below-mentioned eligibility criteria are required to register for the PGPFP Admission 2026-27 (Batch-II) via the registration link https://apply.nism.ac.in/pgpfp-application-form
(ii) Applicants for admission to the programme will be shortlisted on the basis of their scores in ANY of the following entrance examinations:
| Educational Qualifications | Shortlisting Criteria |
|---|---|
| Eligibility Criteria:
Candidate must satisfy the following criteria to apply for the programme:
|
The candidates will be shortlisted based on their profile and Performance in the Online Personal Interview (PI). |
(I) Shortlisted candidates from Stage-II will appear in Stage-III i.e Online Personal Interview (PI).
(ii) All shortlisted candidates will be informed by Email or download their call letters to appear in the Online Personal Interview (PI). All the required details like date, time and other guidelines will be mentioned in the call letter..
(iii) Eligible candidates will receive an Email for the Online Personal Interview process for PGPFP Admission 2026-27 (Batch-II).
(I) The offer of admission to the candidate will be based on their profile and Performance in the Online Personal Interview (PI).
Only selected candidates will receive a provisional offer letter for admission from apu@nism.ac.in on their registered email ID shortly after the declaration of the merit list. A candidate receiving an admission offer from NISM and accepting the offer within the stipulated date needs to deposit Rs.3,18,000/– as the OAA i.e. Offer Acceptance Amount (or as mentioned in the Offer Letter).
(i) An automated receipt and a text message of the transaction will be shared by the associated bank on the registered email id/ mobile no. of the candidate.
On acceptance of the admission offer and payment of OAA, the candidate will receive his/her confirmation letter for provisional admission to PGPFP Admission 2026-27 (Batch-II) on his/her registered email ID. The paid OAA will be adjusted with the Programme Fee. If a candidate fails to pay the Offer Acceptance Amount (OAA) by the stipulated date mentioned in the admission confirmation letter, the seat will be cancelled.
(ii) The fee structure for PGPFP Admission 2026-27 (Batch-II) is appended below:
| Fee Structure of PGPFP 2026-27 (Batch-II) | ||||
|---|---|---|---|---|
| Particulars | Total Fee for Academic Year 2026-27 | |||
| Program Fee | 2,50,000 | |||
| GST @ 18% | 45,000 | |||
| Total Fee (Inclusive of GST) | 2,95,000 | |||
| Alumni Fund | 2,000 | |||
| Accommodation Fee (During Campus Immersion) | 10,400 | |||
| GST @ 5% | 520 | |||
| Dining Fee (During Campus Immersion) | 9,600 | |||
| GST @ 5% | 480 | |||
| Total Fee | 3,18,000 | |||
| Due Date | Within Ten Days of Receiving Provisional Admission Offer Letter | |||
The following certifications exam fees included in the Total Fees,
1. NISM Series-XII: Securities Markets Foundation
2. NISM-Series-V-A: Mutual Fund Distributor
3. NISM-Series-XV: Research Analyst
4. NISM-Series-X-A: Investment Adviser (Level 1)
5. NISM-Series-X-B: Investment Adviser (Level 2)
6. FPSB® Investment Planning Specialist
7. FPSB® Risk and Estate Planning Specialist
8. FPSB® Retirement and Tax Planning Specialist
9. FPSB® Integrated Financial Planning
The above fee is inclusive of 09 certifications offered by NISM and FPSB indicated above and campus immersion conducted two times during the entire duration of the program.
(I) The academic session will tentatively begin from May 16, 2026.
(ii) Hostel rooms for the DAP candidates will be arranged on the ground floor or first floor (preferably) at the time of Campus Immersion.
Note:
(I) Comfortable hostel accommodation, separate for boys and girls is available in the campus.
(ii) Accommodation and Dining Fee once paid by a student will not be refunded under any circumstances.
(iii) The hostels are well equipped with all the modern amenities and are under the charge of caring and experienced Wardens.
(iv) NISM Dining Hall and Cafeteria: A spacious well lit and well ventilated cafeteria in the campus serves sumptuous and healthy food to the students. The variety of dishes which are both healthy and tasty and are crafted by a team of professional dieticians to ensure a well-balanced diet.
(v) NISM Recreational Facilities: NISM has a world class sports complex and extensive sports facilities. NISM offers ample opportunities to students for a regular work-out and lifestyle management by providing a host of excellent sports facilities. It has facilities for games like cricket, basketball and volleyball as well as indoor games like chess, carom, table-tennis, badminton, etc. A Gymnasium and a swimming pool is also available for students to enhance their fitness levels.
(vi) Medical Facilities: NISM provides Student Safety Insurance and a Visiting Doctor within the Campus. Ambulance facility (on call) is available in case of any emergency.
(vii) Laundry facilities are available on payment basis at our campus.
(I) The Entire Fee including the application Fee is Non-Refundable.
Note :
(I) The above mentioned admission criteria, terms and conditions are subject to change at the discretion of NISM.
(ii) The information in this document is applicable only for the admissions cycle PGPFP Admission 2026-27 (Batch-II). NISM reserves the right to change, modify or adopt any new admission process that it deems necessary at any point.
(iii) Any dispute concerning Admission for the PGPFP Admission 2026-27 (Batch-II) would be subject to the jurisdiction of the competent courts within the territorial jurisdiction of the city of Mumbai only.
(iv) You will receive all admission offers in the form of a letter duly signed by the Academic Program Unit of NISM sent from apu@nism.ac.in. Any offer received from any other email is completely invalid and is not official. All admissions to NISM are provisional till you have completed all formality upon reporting to the institute.
(v) If at any point of time it is found that the information provided by the candidate is false, incorrect, or misrepresented, the admission offer will stand cancelled.
(vi) NISM reserves the right to change, modify or adopt any new admissions process that it deems necessary at any point.
(i) FPSB India provide placement and Shadow CXO mentoring to sincere and bright students of the programme.
| Online Applications Open | December 30, 2025 (17:30 Hrs) |
| Last Date for Submission of Online Application | April 15, 2026 (23:59 Hrs) |
| Announcement of Call for Online Personal Interviews (Phase 1) | March 30, 2026 (17:30 Hrs) |
| Announcement of Call for Online Personal Interviews (Phase 2) | April 17, 2026 (17:30 Hrs) |
| Date of Online Personal Interviews (Phase 1) | April 06-09, 2026 |
| Date of Online Personal Interviews (Phase 2) | April 20-22,2026 |
| Announcement of First Selection List | April 27, 2026 (17:30 Hrs) |
| Announcement of Second Selection List | May 5, 2026 (17:30 Hrs) |
| Academic Session Begins | May 16, 2026 |
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