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In the Challenge Status Exam, the candidates have to write only the Advance Financial Planning module. But this module brings together the learning of all the modules. Therefore, one need to go through all the modules before he/she can attempt the Advance Financial Planning module.
Eligibility
A candidate must meet both the Education and experience criteria to become eligible to write Challenge Status Exam:
For more details on eligibility criteria please contact FPSB India
Certification and Exam fee through Challenge Status
| 1 | FPSB India | Rs. 29,955 | Registration Fees valid for 1 year, inclusive of initial CFP Certification fees, Administration & Processing Fees |
| 4 | Charter Member | Rs. 15,795 | Registration Fees valid for 1 year, inclusive of initial CFP Certification fees, Administration & Processing Fees |
Exam Pattern
| Pattern | Case study |
| Question Patter | MCQ |
| No of questions | 30 |
| Total Marks | 100 |
| Duration | 4 hrs |
| Other Details | No Negative Marking |
Grading System
The following is the grading system for all the exams of CFP Certification:
| Grade | Score (Percentage) |
| A | Equal and above 75% |
| B | Equal and above 60% and less than 75% |
| C | Equal and above 50% and less than 60% |
| Fail | Less than 50% |
Certification
After the completion of Final Module i.e. “Advance Financial Planning” and completion of experience criteria you will get “CFP Certification” from FPSB India.
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