IIM Bangalore, one of India's top management schools, has started a new course focused on how to manage personal money and advise others on their wealth. This course is called the Certificate Programme on Personal Finance & Wealth Advisory (PFWA) . It has been created together with FPSB India , a body that sets global standards for financial planning. Students can now register for this programme, which is set to begin in March 2026 .
The PFWA programme aims to give working professionals the knowledge and tools they need to become experts in financial planning. It is designed to combine strong classroom learning with practical skills that are directly useful in the real world. This helps participants understand and excel in the fast-changing area of financial advice.
What the Course Covers
The Centre for Capital Markets and Risk Management (CCMRM) at IIM Bangalore worked closely with FPSB India to develop this programme. It is an executive education course, meaning it is typically for people who already have some work experience and want to improve their professional skills.
The course curriculum is broad and covers several important topics. These include:
- Microeconomics: Understanding how individual choices and markets work.
- Business Acumen: Developing a sharp understanding of business principles.
- Bloomberg Datasets: Learning to use professional financial data tools like Bloomberg to make informed decisions.
- Financial Advisory Frameworks: Learning modern methods and structures for giving financial advice.
These areas of study are important for anyone dealing with today's complex financial world, helping them to give accurate and effective advice.
| Course Name | Certificate Programme on Personal Finance & Wealth Advisory (PFWA) |
| Organisers | IIM Bangalore (IIMB) & FPSB India |
| Target Audience | Working Professionals |
| Next Session Start | March 2026 |
| Key Subjects | Microeconomics, Business Skills, Bloomberg Data Use, Financial Advice Methods |
Key Benefits for Completing the Programme
Finishing the PFWA programme successfully brings several benefits:
- IIMB EEP Alumni Status: Participants will become alumni of IIM Bangalore's Executive Education Programmes. This gives them access to IIMB’s network and resources.
- Fast Track to CFP® Certification: The programme can offer a shorter path to earning the Certified Financial Planner (CFP®) Certification . This certification is globally recognised and managed by FPSB India. It shows that a person meets high standards in financial planning.
Why Financial Planning is Important for Everyone
This collaboration between IIM Bangalore and FPSB India is part of a larger plan. FPSB India wants to partner with top colleges to make the financial planning system better for the public. This means more people can get good advice to manage their money, save for the future, and achieve their financial goals.
A study from 2023 by FPSB, called the "Value of Financial Planning Research," highlighted the positive impact of having a CFP® certification. The study found that professionals with CFP® certification often:
- Expand their client base, meaning they get more customers.
- Increase their potential earnings significantly.
- Many see strong growth in their business and income within the first year of getting certified.
Therefore, this new PFWA programme is a valuable opportunity for those looking to build a career in financial services. It provides strong education from a top institute and a clear path to a respected global certification. Remember, registrations are open for the March 2026 academic session.
