Education
FPSB India and IIM Bangalore Forge Strategic Partnership to Advance Financial Education
In a collaboration aimed at enhancing financial education and professional development in India, FPSB India and the Indian Institute of Management Bangalore (IIM Bangalore) have signed a Memorandum of Understanding (MoU). Announced on March 29, 2024, in Bangalore, this partnership is set to revolutionize the landscape of financial planning education for working professionals and students alike.
Under the auspices of this strategic alliance, an Executive Education Programme in Financial Planning will be launched, tailored specifically to meet the needs of working professionals and students. This programme is designed to address the growing demand for advanced education in financial planning, drawing on the combined expertise of FPSB India and IIM Bangalore to deliver a comprehensive and enriching learning experience.
In a move to further empower aspiring Certified Financial Planner professionals, FPSB India has announced the provision of five scholarships based on merit. This initiative underscores the commitment of both institutions to foster talent and equip candidates with the necessary skills and certifications for success in the financial planning sector.
Moreover, the partnership will see FPSB India and IIM Bangalore jointly creating Continuous Professional Development (CPD) resources and co-curating various initiatives and events. These collaborative efforts aim to make education and training in finance more accessible to students pursuing a career in this field, thereby bridging the gap between academia and industry.
Krishan Mishra, CEO of FPSB India, expressed his enthusiasm for the collaboration, stating, “This collaboration marks a significant milestone in our efforts to elevate the financial planning profession in India. By joining forces with IIM Bangalore, we aim to provide students with unparalleled opportunities to excel in the professional financial planning sector.”
Echoing these sentiments, Professor Rishikesha T Krishnan, Director of IIM Bangalore, highlighted the mutual goal of both organizations to enhance the connection between academic knowledge and practical industry application. “We are happy to partner with FPSB India in our shared mission to bridge the gap between academia and industry in the field of personal finance,” he said.
This partnership between FPSB India and IIM Bangalore represents a concerted effort to promote financial literacy, advance research, and cater to the evolving needs of the personal finance sector. Through their joint initiatives, both organizations are committed to nurturing a pool of talent that is poised to drive innovation and excellence in the financial planning services industry in India and beyond.
FPSB India stands as a leading authority in financial planning in India, dedicated to promoting professional standards across the country (with more than 2,731 CFP professionals in India and part of a global network representing over 223,700 professionals worldwide).