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IIM Bangalore and FPSB India Organize Boot Camp for Financial Planning Firms

Move to encourage and support financial planning start-ups in India 

4 July, 2024, Bengaluru: The Financial Planning Standards Board India (FPSB India), the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB Ltd.) in conjunction with the Indian Institute Management, Bangalore organized a boot camp for financial planning firms.  

The book camp focussed on the supporting and mentoring financial planning firms, thereby enabling CFP professionals to run their own practice. The event highlighted the need for strategic planning, risk and contingency planning as part of building one’s own practice.  

Over 300 delegates who joined the event from across India, had the opportunity to hear eminent speakers such as Prof. Rishikesha T Krishnan, Director - IIM Bangalore who gave the keynote address; Prof M Jayadev, Faculty - Finance and Accounting, Dean – Administration & Chairperson, CCMRM IIM Bangalore; Prof. Jacob Joshy, Associate Professor, IIM – Ahmedabad & Mr Krishan Mishra, CEO – FPSB India.  

Speaking on the event Professor M Jayadev, Chairperson, CCMRM said “It was a pleasure for us to join hands with FPSB India in organizing a boot camp for financial planning professionals. The objective was to encourage more CFP professionals to set up their own practice and fuel more start-ups in the area of financial planning. We look forward to a continued engagement with FPSB India in fostering a culture of financial planning in the country.” 

Krishan Mishra, CEO – FSPB India said “It is a pleasure for us to organize this boot camp in conjunction with IIM Bangalore and we thank Prof Rishikesha and Prof M Jayadev for this opportunity. There is need to mentor and support aspiring financial planning entrepreneurs in the country and today’s boot camp gave that mission a head start. We look forward to building a longer-term partnership with IIM Bangalore and creating awareness about financial planning as a profession.” 

Industry experts and academics present at the IIM Bangalore-FPSB India organized bootcamp spoke about the gaining consumer confidence, building a sustained practice and risk mitigation among others. The event was well represented by CXOs from financial advisory firms, banks, wealth management firms, CFP professionals and academia.  

FPSB India issues the international CERTIFIED FINANCIAL PLANNER certification in India, referred to as CFP.