The Indian Institute of Management Bangalore (IIM-B) and the Financial Planning Standards Board India (FPSB India) announced a partnership. This collaboration marks the beginning of an innovative executive education program in financial planning to elevate the nation’s professional and educational finance landscape.
The memorandum of understanding (MoU) signed by the two esteemed institutions introduces a curriculum specifically tailored for working professionals and students. This initiative responds to the increasing demand for sophisticated financial planning education, combining IIM Bangalore‘s and FPSB India’s expertise to offer comprehensive learning experiences that align with the industry’s evolving requirements.
Professor Rishikesha T Krishnan, Director of IIM Bangalore, emphasised the program’s aim to bridge the academic-industry gap in personal finance. “We are excited to collaborate with FPSB India to nurture future finance professionals equipped for success in the dynamic business world,” Krishnan remarked.
Krishan Mishra, CEO of FPSB India, echoed this sentiment, highlighting the unparalleled opportunities this partnership will provide for students aspiring to excel in the financial planning sector.
The program will focus on theoretical knowledge and practical insights through joint events such as workshops, seminars, and conferences. These events aim to promote financial literacy, encourage research, and address the changing needs of the personal finance sector.
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Furthermore, FPSB India has committed to offering five scholarships based on merit to support deserving candidates aspiring to become certified financial planner professionals. This initiative underscores the partnership’s dedication to empowering individuals with the necessary skills, knowledge, and certifications for a successful career in financial planning.
