IIM Lucknow, FPSB India to offer certification programme in financial planning

NEW DELHI: Indian Institute of Management (IIM) Lucknow and Financial Planning Standards Board India (FPSB India) have signed an agreement to introduce a certification programme in financial planning. The programme will be available to both students and working professionals starting from the academic session 2024-25.

As per the institute, the initiative combines academic excellence with professional certification, aiming to bridge the gap between theoretical knowledge and practical skills in financial planning. The certification programme will incorporate IIML’s academic excellence with FPSB India’s FPSB India’s certification process, providing students with a comprehensive education in financial planning.

Speaking about the need to introduce this programme, the dean at IIM Lucknow, Vikas Srivastava, said, “As we navigate through an ever-evolving financial environment, equipping our students with the skills and knowledge to excel in financial planning is imperative. IIM Lucknow’s partnership with FPSB India is a step towards fulfilling this crucial need and fostering a generation of adept financial planners.”

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Speaking during the MoU signing event, the director-in-charge of IIM Lucknow, Archana Shukla highlighted the institution’s dedication to academic excellence and meaningful collaboration. She stated, “This partnership with FPSB India reflects our commitment to innovation, industry-relevant education, and collaboration for the benefit of students and the industry. As we work towards a ‘Viksit Bharat’, it’s crucial that our Finance and Accounting curriculum remains dynamic and relevant, preparing our students to effectively address evolving financial challenges.”

Speaking during the event, CEO of FPSB India, Krishan Mishra, said: “This collaboration reflects our commitment to excellence and the need for modern solutions in a 51-year-old profession. With this association, we aim to fill the gap that exists in the industry for a skilled workforce in the financial planning sector.”