CFP COURSE FEE

CFP Class begins in February for June examination and August for December Examination.

CFP MODULEDURATIONSTANDARD FEEEARLY BIRD (i)SUPER EARLY BIRD (ii)
Module 17 days or min 60 hoursRM2050RM1900RM1780
Module 27 days or min 60 hoursRM2050RM1900RM1780
Module 37 days or min 60 hoursRM2050RM1900RM1780
Module 47 days or min 60 hoursRM2200RM2050RM1900
Challenge Status14 days or min 120 hoursRM2400RM2300RM2200
Tax Planning Workshop (For Modular Exemption)1+1 dayRM500--
One Time Registration FeeRM100
(For new student)
RM100
(For new student)
RM100
(For new student)

Note: Payable to ‘MAX WEALTH EDUCATION SDN BHD’ Public Bank A/C 3813159427 by online banking.

FPAM EXAMINATION FEE (iii)FPAM MEMBERSHIP FEE (iii)
Candidates who are employees or agents of a charter member or
corporate member enjoy a discount on examination fees.
Module 1 / Module 2 / Module 3
RM 250 (Charter member),
RM 300 (Corporate member) or
RM 350 (Public) per sitting

Module 4
RM 500 (Charter member),
RM 600 (Corporate member) or
RM 700 (Public) per sitting
You can refer to https://www.fpam.org.my for the list of Charter
Members and Corporate Members.
RM 50 per annum (Trade member, Module 1)
RM 150 per annum (Associate member, Modules 2-4)
RM 410 per annum (Certified member, after passing Module 4)
Modular Exemption Application Fee: RM 175
Challenge Status Application Fee: RM 450

Note: Payable to ‘FINANCIAL PLANNING ASSOCIATION OF MALAYSIA’ Maybank A/C 514075128677 by cash or cheque or credit card (filling up the details in FPAM Application Form). We will not accept cash on FPAM’s behalf. FPAM Examination Fee can be settled at a latter stage.

(i) Early Bird
Full payment before 15th January or 30th June for the following semester.

(ii) Super Early Bird
Full payment before 15th December or 31st May for the following semester.

(iii) FPAM Membership
Charter Members are corporations that play an active role to support the development of the financial planning  industry .  Charter  Members  are  financial institutions  in  the  asset  management,  banking, insurance, unit trusts, investment banking,wills and trusts.

Corporate Members are corporations that are interested in financial planning and subscribe as a member of FPAM.

Trade Member  must  be  involved  in financial product  distribution, advisory  and  or  education.  All candidates who enrolled CFP Module 1 must apply to become FPAM Trade member.

Associate member must have passed CFP Module 1 course or successful applied for modular exemption.

CFP COURSE OUTLINE

Candidates are provided with an outline of each of the major concerns of a financial planner to instil a clear appreciation of financial planning and to prepare for the extensive study to be covered in the other modules.

Topic 1: Introduction to Financial Planning

Topic 2: Regulatory Controls and Practices Affecting Financial Planning

Topic 3: Nature and Scope of Financial Planning

Topic 4: The Economic Environment and Its Effects on Financial Planning

Topic 5: Analytical Tools for Financial Planning Professionals

Topic 6: Risk Management and Insurance Planning

Topic 7: Investment Planning

Topic 8: Taxation Planning

Topic 9: Retirement Planning and Estate Planning

Topic 10: The Basis of a Financial Plan

Topic 11: Code of Ethics

Part 1: INSURANCE PLANNING

Candidates  will understand  the  fundamental  concepts  of  risk management and insurance, and gain the knowledge about various personal  insurance  products, both  life and  general, which  are related to financial planning.

Topic 1:  Fundamental Concepts in Risk Management

Topic 2:  Insurance Fundamentals

Topic 3:  Legal Principles in Insurance

Topic 4:  The Role of Insurance in Financial Planning

Topic 5:  Factors Affecting Life Insurance Needs

Topic 6:  Understanding Life Insurance Policy Contracts and Takaful

Topic 7:  General Insurance Policy Contracts

Topic 8:  Health Insurance

Topic 9: Annuity Policy Contracts

Topic 1O: Legislation and Rules in the Insurance Industry

Topic 11: Consumer Protection and Insurance Industry Codes of Practice

Part 2: ESTATE PLANNING

The  area  of  estate  planning  includes  preparing  provision for administration of the affairs of a client by someone other than the client.

Topic 12: Estate Planning Fundamentals

Topic 13: Wills and Will Planning

Topic 14: Trusts

Topic 15: Power of Attorney

Topic 16: Duties and Powers of the Personal Representative

Topic 17: Rights of Beneficiaries

Topic 18: Special Estate Planning Issues for Business Owners

Part 1: INVESTMENT PLANNING

Candidates will understand the concepts of risk and return, the financial markets and instruments , and the basic concepts and tools of asset valuation and portfolio management. The aim is to be able to evaluate alternative investments, the advantages and disadvantages , and to make suitable investment recommendations to clients.

Topic 1: Investment Concepts

Topic 2: Concepts of Portfolio Theory and Performance Measures

Topic 3: Equity Investments

Topic 4: Debt Securities Investment

Topic 5: Derivatives and Structured Products Investments

Topic 6: Collective Investment Scheme and Unit Trusts

Topic 7: Real Estates Investments

Part 2: RETIREMENT PLANNING

This part covers how to analyse a clients’ retirement needs and the ways in which these needs can be met.

Topic 8:  The Underlying Principles of Retirement Planning

Topic 9: Investment for Retirement

Topic 10: Retirement Schemes

Topic 11: Employee Provident Fund (EPF) and Private Retirement Scheme (PRS)

Topic 12: Retirement Income Streams

Topic 13: Role of Financial Planner in Pre-Retirement Counselling

This module is for candidates who have completed Module 1 to 3, or who are preparing for the CFP Challenge Status. The financial plan construction process will be meticulously considered .

Topic 1: Financial Planning and the Regulatory Framework

Topic 2: Establishing and Defining the Relationship with the Client

Topic 3: Gathering Client Data

Topic 4: Analysing and Evaluating the Client’s Financial Status

Topic 5: Developing Financial Planning Recommendation

Topic 6: Presenting Financial Planning Recommendation

Topic 7: Implementing Financial Planning Recommendation

Topic 8: Monitoring Financial Planning Recommendation

Candidates will further their existing knowledge and skills in the area of taxation  planning. The unit deals with consideration  of income tax and other forms of taxation. Case studies of different tax scenarios are also analysed in the module.

Topic 1:  Introduction to Malaysian Taxation

Topic 2:  Computation of Statutory Income from Employment

Topic 3: Computation of Statutory Income from Business

Topic 4:  Computation of Statutory Income from Investments

Topic 5: Real Property Gains Tax

If you require any further information on CFP Course,  please do not hesitate to contact us.