Certified Financial Planners - Pass rate exceeds 80%

31 January 2007 FPI

First group of Graduates from the University of Stellenbosch qualify as Certified Financial Planners.

The first group of graduates in the Post Graduate Diploma in Financial Planning will receive their certificates on 6 February in Stellenbosch. This group will now also be eligible to go on and be accredited as Certified Financial Planners (CFP). The University of Stellenbosch partners with the Financial Planning Institute of Southern Africa (FPI), to offer formal postgraduate qualifications giving access to membership of the FPI and the global CFP accreditation.

Prof Niel Krige, Programme Coordinator, said, "This is a big milestone for the university as this is our first group of graduates since we were appointed by The Financial Planning Institute of Southern Africa (FPI) to run this postgraduate diploma course. In addition, the results have been really remarkable. The international pass rate for this diploma is 42% and ours has been in excess of 80%. We are proud of both the entrants and our lecturers who together have achieved this."

Andrew Bradley, Chairman of the FPI said he was delighted with the results from Stellenbosch. "The FPI, is the local custodian of the international CFP mark. We are required to ensure that we maintain the international standards of quality and certification for the financial planning profession. The University of Stellenbosch have certainly done that here. The 20 graduates from University of Stellenbosch will now be invited to become FPI members. We will also be  inviting those qualifying to join the other 3 200 CFP licensees in South Africa - the highest achievable global accreditation in the financial planning profession."

The Post-graduate Diploma in Financial Planning
The diploma is the pinnacle in financial planning qualifications. It enables financial planners, to be recognised as being competent in financial planning and to be members of the FPI and to be eligible for the CERTIFIED FINANCIAL PLANNER accreditation.

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