Level 1 – Foundations for Personal Finance Professionals – QPFP Certification Program by Network FP

Level 1 – Foundations for Personal Finance Professionals

Click below to see the curriculum of different levels
Topic 1

Financial Consultancy Practice & Opportunities

  • Personal Finance Professional (PFP) - Introduction
  • Market Potential for PFPs
  • Earning Potential for PFPs
  • Career Path of a PFPs
  • Human Financial Advisors

ProTool

  • PFP Capability Analyzer
Topic 2

My Ideal Practice Model and Career Growth Blueprint

  • PFP Model - Key Decisions To Make
  • PFP Top Aspirations and Obstacles
  • Strategies To Achieve Your Dream Career / Practice
  • Nine Step Blueprint For Financial Advisory Practice

ProTool

  • Practice Indicators & Business Plan
Topic 3

Ethics, Responsibilities & Client First Approach

  • PFP responsibilities towards Clients
  • Client First Approach & Ethics
  • Building Trust with Clients
  • Ethics @ Heart Oath by PFPs

ProTool

  • Ethics @ Heart - Self Analysis Tool
Topic 4

Four Pillars of Personal Finance & Behavioral Finance

  • Income Expenses Statement
  • Networth Statement
  • Behavioural Finance - Introduction
  • Major Biases in Behavioural Finance
  • PFP Role in Helping Clients around money management & Investor Behavior

ProTool

  • Real Statement
Topic 5

Financial Maths & Rate of Return - 2

  • Concept of Time value of Money
  • TVM Variables (NPER | PV | FV | PMT | Type)
  • Case Studies of Using TVM in practice

ProTool

  • One TVM Calculator
Topic 6

Financial Maths & Rate of Return - 2

  • Nominal & Effective Rate
  • Absolute & Annualised Returns
  • Real & Tax Adjusted Returns
  • IRR & XIRR (Internal & Extended Returns)
  • NPV (Net Present Value)

ProTool

  • One ROR Calculator
Topic 7

Investor Goals & Common Mistakes

  • Why set Financial Goals?
  • Financial Goals Pyramid
  • Fulfilment Curve and Financial Life Stages
  • SMART Goal Setting
  • Goal Planning Concepts
  • Common Money Mistakes & Concerns of Investors

ProTool

  • Clients Goal Matrix
Topic 8

Macro Economic Indicators Impacting Investors

  • What is Macro Economics?
  • Key Indicators for Investors & its impact
  • Importance Functions of RBI
  • Relationship between Macro Economics & Investments

ProTool

  • TVM & ROR - Practice Questions / MRPC Calculator
Examination

Level 1 Examination

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