CFP Professional Education Program

The CFP Professional Education Program teaches students how to apply the technical knowledge from their college, university and other program courses to the practice of financial planning with clients who have situations and/or needs at all levels of complexity.

The program introduces models, guidance and techniques for undertaking all phases of the financial planning process as well as key concepts in human behaviour and ethics, all of which may be required in client engagements that are both more and less complex.

The CFP Professional Education Program uses real-world case scenarios to develop a deep understanding of, and competence in, holistic financial planning, applying key facets of human behaviour and addressing common ethical dilemmas in client situations at all levels of complexity.

Special thanks to The Decision Lab for their significant contribution to the development of the human behaviour concepts in the CFP Professional Education Program.

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Program Information

Introductory Program Cost:

$1,500


Start Date:

Scheduled monthly on the first business day of each month. When you register, you will be prompted to select your preferred program start date.


Program Length (Estimate):

The CFP Professional Education Program is equivalent to a one-semester university course. It is expected that it will take between 110 to 160 hours to complete.


Program Prerequisites:

To complete your registration for the CFP Professional Education Program, you must:

  • complete IPE; and
  • submit proof of having completed your prerequisite education, or submit a CFP Certification Alternate Path application;

at least 10 business days prior to your scheduled start date.


Registration:

To register for the CFP Professional Education Program, you must first create an account on the FP Canada Portal. Once logged in to the FP Canada Portal, you may register by completing the FP Canada Institute Education Application available on the "My Applications" page.

The CFP Professional Education Program begins on scheduled start dates. When you register, you will be prompted to select your preferred program start date. Please enrol early to reserve a seat in an upcoming session; spots are offered on a first-come, first-served basis.


Program Completion Requirements and Assessment:

The CFP Professional Education Program includes seven end-of-unit assignments and one final assessment.

The assignments and final assessment are culminating activities based on realistic client scenarios that require students to demonstrate knowledge and skills in financial planning, professional responsibility and human behaviour. Students will be asked to complete specific tasks throughout the financial planning process along with constructed response questions to evaluate their critical thinking, analysis and judgement, in addition to completing a final assessment.

To successfully complete the CFP Professional Education Program, students must achieve a minimum grade of 60%.


Maximum Allowable Time to Complete Program:

12 months from the CFP Professional Education Program start date. Students who do not complete the final assessment by the end of month 12 will receive an “incomplete” (fail grade) for the assessment and the CFP Professional Education Program overall. Exceptions may be granted at the FP Canada Institute’s sole discretion.


Assignment and Assessment Due Dates:

Students may progress through the program at their own pace; however, they must complete each assignment and the final assessment by the following required due dates:

AssignmentDue Date
Unit 1 AssignmentEnd of month 1*
Unit 2 AssignmentEnd of month 2
Unit 3 AssignmentEnd of month 4
Unit 4 AssignmentEnd of month 6
Unit 5 AssignmentEnd of month 8
Unit 6 AssignmentEnd of month 9
Unit 7 AssignmentEnd of month 10
Final AssessmentEnd of month 12

* For students starting on November 26, 2019, Unit 1 assignment is due at the end of December 2019.

The final assessment will be marked at specific times throughout the year. Deadlines for each final assessment marking period will be posted on your calendar in the FP Canada Institute Learning Platform.

Students who do not complete an assignment by the required due date will receive an “incomplete” (fail grade) for that assignment.

June 2020 Exam Administration: Students who would like to write the June 2020 CFP exam must submit the CFP Professional Education Program final assessment by April 15, 2020.

November 2020 Exam Administration: Students who would like to write the November 2020 CFP exam must submit the CFP Professional Education Program final assessment by October 9, 2020.


Weighting:

Unit 1 through Unit 7 Assignments: 50%

Final Assessment: 50%


Marking:

Students will be notified through the FP Canada Institute Learning Platform when their grade for each assignment is available. Written feedback will be provided on assignments where students are not successful, to support their success on future assignments.


Repeating Enrolment:

Students who do not successfully complete the CFP Professional Education Program and wish to reattempt it must re-enrol at the full program fee, subject to continuing to meet prerequisite education requirements.


Postponements/Withdrawal Fees:

Students registered in the CFP Professional Education Program may postpone up to 10 business days prior to the program start date for a fee of $150.

Students who choose to withdraw from the program may be eligible for a refund, depending on when they withdraw, as follows:

Date of WithdrawalRefund
Up to 2 months prior to program start date100%
Between 2 months and 10 business days prior to program start date75%
Between 10 business days prior to and 10 business days after program start date50%
More than 10 business days after program start dateNo Refund

For more information on the CFP Professional Education Program, refer to the FP Canada Institute Student Handbook.