IIM Lucknow has partnered with the Financial Planning Standards Board (FPSB) to enhance financial planning expertise among students and professionals. A certification program in Financial Planning will be launched in the 2024-25 academic session to meet the growing demand for skilled professionals in the industry.
During the MoU signing event, Professor Archana Shukla, director-in-charge of IIM Lucknow, emphasized the institute’s dedication to providing a comprehensive education that not only broadens students’ knowledge but also equips them with practical skills for the dynamic financial sector.
“The complex financial problems we face require modern, calculated solutions. This partnership with FPSB India underscores 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,” she added.
MoU Outcomes:
- Introduction of a comprehensive Financial Planning Certification Program for students and professionals.
- Enhanced Financial Planning Education: Joint effort to improve financial planning education in India.
- Professional Certification Integration: Merging IIM Lucknow’s academic excellence with FPSB India’s certification process.
- Skilled Workforce Development: Preparing a new generation of financial planners.
- Global Career Opportunities: Empowering individuals for rewarding careers in India and internationally.
Krishan Mishra, CEO of FPSB India, stated, “With partners such as IIML, we aspire to nurture the next generation of professional financial planners, equipped with a skillset to offer the most holistic services to consumers. With this association, we aim to fill the industry gap for a skilled workforce in the financial planning sector.”
Professor Vikas Srivastava, Dean (Programmes) at IIM Lucknow, highlighted the necessity of introducing this program: “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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