CUBA

FINANCIAL PLANNING EXECUTIVE PROGRAM
(IFPHK Registered CFP Program)

The Financial Planning Executive Program is designed so that students can tailor studies to their professional goals and personal needs. On completion of relevant CFP modules participants are qualified to sit for specific papers of the CFP Certificate Examination. Completion of the six CFP modules would earn them an Advanced Diploma in Professional Financial Planning. Each CFP module consists of 40 hours, with a 4-hour session once a week for ten weeks. Students can set their own pace to accumulate the number of hours required to qualify them for a certificate, diploma or advanced diploma. Below is a table showing the progression path of our Program:

Financial Planning Executive Program Study Path

*Certificate in Financial Planning*
(86 Hours)
Course Structure:
CFP Module 1 +	One chosen from CFP Modules 2, 3, 4 or 5
(On completion graduates are qualified for Associate Membership of IFPHK, subject to meeting the requirements set by IFPHK)*

↓

*Diploma in Professional Financial Planning*
(172 Hours)
Course Structure:
CFP Module 1 +	Three chosen from CFP Modules 2, 3, 4 or 5

↓

Advanced Diploma in Professional Financial Planning

(258 Hours)

Course Structure:
All six CFP Modules

↓

The International MBA
provided by the Victoria University of Wellington, New Zealand

For APIB alumni with a track record of success in the CFP program
On completion of Advanced Diploma and Diploma in Professional Financial Planning, 2 papers and 1 paper can be exempted respectively
Attend lectures in Hong Kong; taught in English

* IFPHK has its own set of requirements for Associate Member and Ordinary Member. Please check with IFPHK for details: Telephone: 2982-7888; Website: http://www.ifphk.org

Why you should choose our program?

Quality Teaching - taught mainly by our faculty members of Business Administration
Prestigious Business School - No. 1 independent EMBA programs in Asia
Recognition - appointed as the exclusive program provider by the Bank of China in mainland

Admission Requirement

Form 5 standard with at least 3 years' working experience, OR
A recognized university degree with 1 year's working experience.

Pre-approved CUHK Subjects for Exemption

The following degree level courses offered at CUHK have a pre-approved status for exemptions from respective modules by IFPHK.

Exempted Module	Course Code	Course Title
Module 2 Insurance	FIN3050 / FIN3210	Risk Management and Insurance
Module 3 Investments	FIN3080 / FIN4020	Investment Analysis and Portfolio Management
Module 4 Taxation and Tax Planning	ACY3161	Taxation

Graduation Requirement

To qualify for the award of a Certificate/Diploma/Advanced Diploma issued by CUHK, participants must have:

Attended at least 80% of the lectures of each module listed in the respective course; and
Satisfactorily completed the coursework and passed the examination of each module.

Pre-requisite

IPFHK has launched a set of self-tests for potential candidates to assess their required knowledge to start their path to CFP certification. You may try out these tests at http://www.ifphk.org.

Program Fee

CFP Module	Pre-requisites	Date# (Every Saturday)	Time	Venue	Program Fee*
CFP Module	Pre-requisites	Date# (Every Saturday)	Time	Venue	Public	CUHK students^
M1 - Foundation of Financial Planning	None	To be advised	2:30 pm - 6:30 pm	CUHK Campus, Shatin, N.T.	$4,100	$3,900
M2 - Insurance (INS0906) Application Deadline: 29/5/2009 Reply slip for current students	Module 1	20/6/2009 - 12/9/2009			$4,100	$3,900
M3 - Investments	Module 1	To be advised			$4,100	$3,900
M4 - Taxation and Tax Planning	Module 1	To be advised			$4,100	$3,900
M5 - Employee Benefits and Estate Planning	Module 1	To be advised			$4,100	$3,900
M6 - Advanced Financial Planning	5 CFP Modules	To be advised	2:30pm - 7:30 pm; Saturdays and Sundays		$4,300	$3,900
All Six Modules	Module 1 first	Within 2 years			$24,000*	N/A

#The above schedule is subject to change at the discretion of APIB.

*The textbook(s) published by IFPHK is/are NOT included.

^"CUHK students and staff" refer to current CUHK full-time students and staff member.

Special Offer to Staff of the following banks:
- Hang Seng Bank
- HSBC

Module	No. of Staff	Corporate Rate
Each module	3 – 5	$4,000
	6 & above	$3,900

Note:

The corporate rate is ONLY applicable to staff members of Hang Seng Bank and HSBC who submit their applications together in a group of at least 3 by signing the Declaration Form.
A copy of the valid staff card must be enclosed with the application form and the signed Declaration Form.

Applicants will be informed of the exact program fee after the closing date.

Discounts

Upon successful completion of TWO CFP Modules with APIB, students are entitled to a $100 discount for each of the remaining modules thereafter. (This arrangement is not applicable to CUHK undergraduates and students enjoying the corporate rate.)
Current students who have successfully referred ONE NEW participant to the CFP Program can enjoy a $100 discount off the course fee of the next module. (This arrangement is not applicable to CUHK undergraduates and students enjoying the corporate rate.)

Application Deadline(s)

- INS0906: 29/5/2009

Application Procedure

Applicants should send by post:

a non-refundable application fee of $150 payable by crossed cheque or bank order to "The Chinese University of Hong Kong";
copies of academic certificates / transcripts and professional qualifications;
1 recent photograph in size of 1.5 x 2 inches;
a copy of Hong Kong ID card or passport;
a copy of your valid Student / Staff Card if you are a CUHK student or staff;
a copy of your valid staff card if you wish to enjoy the corporate rate; and
Proof of completion of CFP Module 1 – Foundation of Financial Planning if you are applying for other CFP modules.

Financial Arrangement

Course fee can be paid by the following methods: -

-	Cheque payable to "The Chinese University of Hong Kong"
-	Credit card (Visa/Master) (Only applicable to applicants enrolling in 2 or more modules in one sitting. This arrangement is not applicable to CUHK undergraduates and students enjoying the corporate rate.)
-	Interest-free payment of programme fee by installments using Hang Seng Bank Credit Card. APIB will bear the interest on behalf of the participants. (Only applicable to applicants enrolling in 4 or more modules in one sitting. This arrangement is not applicable to CUHK undergraduates and students enjoying the corporate rate.)

Participants can apply for:
- Continuing Education Fund
→ Application Procedure
→ How to fill a CEF Application Form?
→ How to fill a CEF Reimbursement Claim Form?
- Non-means Tested Loan Scheme offered by the government.

New CFP Examination Structure (With effect from December 2005)

Summary of papers under new CFP^CM certification examination

Exam Paper	Paper Title	Modules covered in Syllabus	What is Covered	Exam Length (Hrs)
1	Insurance & Retirement Planning	M1+M2+M5	Principles of Financial Planning Insurance Planning Employee Benefits	2.5
2	Tax & Estate Planning	M1+M4+M5	Principles of Financial Planning Tax Planning Estate Planning	2.5
3	Investment Planning	M1+M3	Principles of Financial Planning Investment Planning	2.5
4	Financial Planning Practice	All 6 Modules	Case studies Mixed questions on all topics for financial planning	3

Downloads

- Financial Planning Executive Program Brochure
- Application Form & Schedule
- Online Application

Enquiries

Ms. Sanies Tsang / Miss Ivy Chau

The Asia-Pacific Institute of Business

Telephone:		2609-7430 / 2603-5119
Fax:		2603-5136
Address:		201, 2/F, Academic Building No.1, CUHK, Shatin, N.T., H.K.
		(Map leading to our office)
Email:		apib@cuhk.edu.hk
Website:		http://www.baf.cuhk.edu.hk/apib/cfp

CFP^CM, CERTIFIED FINANCIAL PLANNER^CM and are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. (FPSB). The Institute of Financial Planners of Hong Kong is the marks licensing authority for the CFP marks in Hong Kong and Macau, through agreement with FPSB.