Financial Planning Practice Exam

About Financial Planning
A financial plan is a document containing a person's current money situation and long-term monetary goals, as well as strategies to achieve those goals. A financial plan may be created independently or with the help of a certified financial planner.

In either case, it begins with a thorough evaluation of the individual's current financial state and future expectations.

Why is Financial Planning important?
Financial planning is a step-by-step approach to meet specific goals.

The many advantages of financial planning in business include:
•    Correctly managed cash flow.
•    Personal finances.
•    Achieving personal goals.
•    Clear retirement goals.
•    A secure retirement income.
•    Reduced risk.
•    Insurance.
•    Succession planning.

Who should take the Financial Planning Exam?
•    Finance Analysts
•    Finance professionals
•    Entrepreneurs
•    Innovators
•    Anyone who wants to assess their finance skills
•    Finance managers and senior executives
•    Finance consultants
•    Anyone interested in finance modelling
•    Students

Knowledge and Skills required for the Financial Planning

Candidates gain quick success if they have skills of critical thinking and good communication skills.

Financial Planning Practice Exam Objectives

Financial Planning exam focuses on assessing your skills and knowledge in forex, capital analysis and financial ratios.

Financial Planning Practice Exam Pre-requisite

There are no prerequisites for the Financial Planning exam. Candidates who are well versed  in budgeting or finance can easily clear the exam.

Financial Planning Certification Course Outline

1. Financial Statements
1.1 Comparative Statement
1.2 Common Size Statement
1.3 Trend Analysis
1.4 Ratio Analysis

2. Cash Flow
2.1 Fund Flow Statement
2.2 Cash Flow Statement

3. Fixed Capital Analysis
3.1 Capital Budgeting
3.2 Evaluations Techniques of Projects

4. Capital Structure and Dividend Policy
4.1 Leverage Analysis
4.2 Capital Structure
4.3 Cost of Capital
4.4 Dividend Policy

5. Working Capital Analysis
5.1 Working Capital
5.2 Receivables Management

6. Inventory Management
6.1 Introduction to Inventory Management
6.2 Tools and Techniques of Inventory Management

7. Cash Management Analysis
7.1 Cash Management
7.2 Cash Management Models

8. Foreign Exchange Orientation
8.1 International Finance
8.2 Managing of Foreign Exchange Risk
8.3 Raising Foreign Currency Finance

9. Commodity Exchange
9.1 Commodities Exchange Basics
9.2 History
9.3 Commodity Market in India
9.4 Commodity Exchange Structure
9.5 Regulatory Framework

10. Financial Risk Management
10.1 Financial Risk Basics
10.2 Financial Risk Types
10.3 Components of Risk
10.4 Financial Risk Management
10.5 Financial Risk Identification
10.6 Statistical Tools
10.7 Capital Asset Pricing Model (CAPM)

11. Financial Controls
11.1 Control environment
11.2 Control classification
11.3 Financial audit

Exam Format and Information
Certification name – Financial Planning Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199