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NOTE: CFPCM certification program has been revamped in July 2011. Information contained in this page is applicable only to the following types of individuals:

(1) Students who have completed or have been enrolled in the IFPHK Registered CFPCM Certification Education Program (6-modular education Program) on or before 30 June 2011
(2) Candidates who have completed or partially completed the CFPCM Certification Examination ( 4-paper mode ) on or before 30 June 2011.

For individuals other than the above-mentioned types, please click  here for information about the NEW REVAMPED CFPCMCertification and AFPTM Certification.

Transcript Review
 

IFPHK may waive some of the required educational modules based on previous education and qualifications. Candidates can apply by completing the  application form after comparing the checklists with their own transcripts to determine exemption of the education modules. All candidates are kindly advised to review the conditions before submitting the application form. The review will normally take 6 to 8 weeks' time for processing. Candidates will be contacted directly if further information is required. The review results will be sent to candidates by mail in due course.

1. Currently, modules that considered for exemptions through transcript review are:

1.1 For Degree Programs

For Local Universities :

 

For Overseas Universities :

Foundation of Financial Planning

 

Foundation of Financial Planning

Insurance

 

Insurance

Investments

 

Investments

Taxation and Tax Planning
Employee Benefits & Estate Planning

 

 

 
1.2 For Associate Degree/Higher Diploma Programs

For Local Education Institutions :

M1 Foundation of Financial Planning
M2 Insurance
M3 Investments

* Applications of exemption for other modules will not be considered at this point of time. 

2. conditions for Approval

2.1 For Degree Programs
The subject(s) which is (are) used to claim exemption for required modules through transcript review must meet the following conditions: 

  • condition 1: The subject(s) must be offered by accredited universities, or institutions with an equivalent status such as Baptist 
    College , Hong Kong Polytechnic, City Polytechnic, Lingnan College and Shue Yan College.
  • condition 2: The subject(s) must be at degree level. 
  • condition 3: Each subject must have a minimum of 40 contact hours. The applicant must have taken the subject during the 
    past ten years, and have received a passing grade or above.
  • condition 4: The contents of the subject(s) must match to indicative contents of the exempted module(s).

2.2 For Associate Degree/ Higher Diploma Programs

  • condition 1: The subject(s) must be offered by accredited universities, or institutions with an equivalent.
  • condition 2: The subject(s) must be at Associate Degree/ Higher Diploma level.
  • condition 3: Relevant subjects applied should have at least 40 contact hours on content related to the exempted modules 
    (ie.M1-M3) plus at least 20 hours on other financial planning related content. The applicant must have taken the 
    subject during the past ten years, and have received a passing grade or above.
  • condition 4: The contents of the subject(s) must match to indicative contents of the exempted module(s).
  • condition 5: The Associate Degree/ Higher Diploma program must be at least a 2-year full time program.

Valid Period for Approval of Transcript Review

The transcript review approval granted for the subject is only valid for a 10-year period from the approval date, regardless when the transcript review application is submitted to the IFPHK. The approval status will automatically expire once after this 10-year period validation.

Appeal

Applicants may appeal to an unfavorable decision of their transcript review application by providing additional supporting documentation, along with an appeal fee of HK$800 per module. If the appeal is successful, the appeal fee will be refunded.

Pre-approved Subjects for Exemption

The following subjects offered at local education institutions have a pre-approved status for exemptions from respective modules by the IFPHK. The exemptions will be given to applicants upon receipt of completed transcript review applications together with official transcripts showing passing grades in the courses and appropriate application fees.

Remarks: For those associate degree/higher diploma programs listed, applicants must have successfully completed the entire program and have been awarded the associate degree/higher diploma before applying for transcript review.

 
Degree Program Course Code
Exempted Module : M1 Foundation of Financial Planning
Institution Course Title
The Chinese University of Hong Kong ACY2212 Accounting and Personal Financial Planning
Chu Hai College FNE215 Financial Planning
The Hong Kong Polytechnic University AF4311 / AF4307 /AF4324 / BUSS437 Financial Planning I
The Hong Kong Polytechnic University AF5352 / AF5320 Personal Financial Planning
Hong Kong Shue Yan University BUS407 Financial Planning
Hong Kong Shue Yan University FIN349 Wealth Management and Planning
The Hong Kong University of Science and Technology FINA399L Personal Financial Planning
Lingnan University RIM250 Personal Risk and Financial Planning
SPEED, The Hong Kong Polytechnic University SPD4204 Financial Planning
     
Institution Associate Degree/ Higher Diploma Program Course Code Course Title
College of International Education,
Hong Kong Baptist University
Associate Degree in Wealth Management
1. CS2596
2. CS2606
3. CS2616
4. CS2626
1. Financial Planning
2. Insurance
3. Investment Management
4. Tax Planning
Community College, Lingnan University Associate Degree of Business Studies 
(Financial Services)
1. Foundation of Financial Planning
2. Insurance
3. Hong Kong Taxation and Tax     Planning
4. Securities Investment
Hong Kong Community College,
The Hong Kong Polytechnic University
Associate Degree in Business/Higher Diploma in Financial and Investment Planning
1. CC3152
2. CC3155
1. Principles of Financial Planning
2. Taxation
Hong Kong Institute of Vocational Education Higher Diploma in Financial Planning and Investment
1. FPI3405
2. FPI3414
3. FPI3415
1. Introduction to Financial Planning
2. Retirement Planning and Mandatory Provident Fund
3. Tax and Estate Planning
SCS, The Chinese University of Hong Kong Higher Diploma in Financial Services
1. BM1206
2. BM1710
3. BM1730
4. BM1735
1. Business Finance
2. Foundation of Financial Planning
3. Tax and Estate Planning
4. Retirement Planning
SPACE, The University of Hong Kong Higher Diploma in Business
(Accounting and Financial Planning)
Fundamentals of Financial Planning
     
Exempted Module : M2 Insurance
Institution Degree Program Course Code Course Title
The Chinese University of Hong Kong FIN3050 / FIN3210 Risk Management and Insurance
The Hong Kong Polytechnic University AF3307/ AF3318 / BUSS341 Principles of Insurance
The Hong Kong Polytechnic University AF5348 / AF5317 Risk Management and Insurance
Hong Kong Shue Yan University BUS406 Insurance
Lingnan University RIM201 / RIM2050 Principles of Insurance
SPEED, The Hong Kong Polytechnic University SPD4206 Insurance Practices
     
Institution Associate Degree/ Higher Diploma Program Course Code Course Title
Hong Kong Community College,
The Hong Kong Polytechnic University
Higher Diploma in Financial and Investment Planning
1. CC3137
2. CC3171
1. Principles of Insurances
2. Insurance Planning and Mandatory      Provident Fund
SCS, The Chinese University of Hong Kong Higher Diploma in Financial Services
1. BM1715
1. Basic Insurance
SPACE, The University of Hong Kong Higher Diploma in Business
(Accounting and Financial Planning)
Introduction to Insurance and Risk Management
     
Exempted Module : M3 Investments
Institution Degree Program Course Code Course Title
The Chinese University of Hong Kong FIN3080 / FIN4020 Investment Analysis and Portfolio Management
Chu Hai College FNE301 & FNE311 Investment Portfolio Management & Financial Markets and Institutions
City University of Hong Kong EF3320 / EF2150 Security Analysis and Portfolio Management
City University of Hong Kong EF5153 / FB5153 Investment Analysis and Portfolio Management
Hong Kong Baptist University FIN2250 Investment Management
The Hong Kong Polytechnic University ACCT427 / AF4316 Investments and Portfolio Management
The Hong Kong Polytechnic University ACCT541 Investments and Portfolio Management
The Hong Kong Polytechnic University AF3305 / AF3316 / BUSS335 Investment
The Hong Kong Polytechnic University AF5305 / BUSS535 Advanced Investment Theory and Practice
The Hong Kong Polytechnic University AF5313 / AF5344 Investments
Hong Kong Shue Yan University BUS308 Investment Analysis and Management
Hong Kong Shue Yan University BUS410 Investment Analysis and Portfolio Management
Hong Kong Shue Yan University FIN205 Foundations of Finance
Lingnan University FIN3010 / FIN300 Investment and Portfolio Management
The Open University of Hong Kong B385F Investments
SPEED, The Hong Kong Polytechnic University SPD3147 & SPD4207 Business Finance & Asset Management
Curtin University of Technology (Australia) 305813
12751
12753
12754
1. Finance (Principles) 515
2. Finance (Portfolio Management) 571
3. Finance (International) 573
4. Finance (Derivative Securities) 574
Middlesex University (UK) ACC3130 Finance
     
Institution Associate Degree/ Higher Diploma Program Course Code Course Title
Hong Kong Community College,
The Hong Kong Polytechnic University
Associate Degree in Business/Higher Diploma in Financial and Investment Planning
1. CC3138
2. CC3172
1. Principles of Investment
2. Introduction to Portfolio Management
Hong Kong Institute of Vocational Education  Higher Diploma in Financial Planning and Investment
1. FPI3400
2. FPI3401
3. FPI3402
4. FPI3413
1. Equity Investments
2. Financial Markets and Institutions
3. Fixed Income and Derivative Investments
4. Portfolio and Fund Management
LiPACE, The Open University of Hong Kong 91572 
(with completion of whole Professional Diploma) 
Financial Planning and Investments
SCS, The Chinese University of Hong Kong Higher Diploma in Financial Services
1. BM1206
2. BM1705
3. BM1725
1. Business Finance
2. Basic Investment
3. Managing Market Risks
SPACE, The University of Hong Kong Higher Diploma in Business
(Accounting and Financial Planning)
Essentials of Investments
     
Exempted Module : M4 Taxation and Tax Planning
Institution Degree Program Course Code Course Title
The Chinese University of Hong Kong ACY3161 Taxation 
Chu Hai College ABA357 & ABA377 Taxation & Advanced Taxation
City University of Hong Kong AC4251 Taxation and Tax Planning
City University of Hong Kong AC6651 Advanced Taxation
The Hong Kong Polytechnic University ACCT304 & 307 Hong Kong Tax Framework I & II
The Hong Kong Polytechnic University ACCT505 Taxation and Tax Planning
The Hong Kong Polytechnic University ACCT526 / ACCT314 / AF3204 / AF3210 Hong Kong Tax Framework
The Hong Kong Polytechnic University AF5214 Taxation for Financial Planning
Hong Kong Shue Yan University BUS 405 Tax Planning
Lingnan University ACT3020 / ACT203 Taxation
The Open University of Hong Kong B404F Taxation
The Open University of Hong Kong B414F & B415F Taxation I & II
     
Exempted Module : M5 Employee Benefit and Estate Planning
Institution Degree Program Course Code Course Title
The Chinese University of Hong Kong FINA4240 Employee Benefits, Retirement and Estate Management
The Hong Kong Polytechnic University AF5350 Employee Benefits and Estate Planning
Hong Kong Shue Yan University BUS310 Estate and Retirement Planning
as of Jun 2011