FPSC Level 1 – Becoming a Certified Financial Planner
Take the first step to becoming a Certified Financial Planner®
Athabasca University’s (AU) Faculty of Business provides specific online courses to help you meet the requirements to write FPSC’s Level 1® Financial Planning Examination.
Effective April 1, 2019, Financial Planning Standards Council (FPSC) will become FP Canada™.
Find out more about new paths to certification here.
If students are completing their core curriculum and writing their exam by the end of this year they will still pursue CFP Level 1. The new certification paths will take effect on Jan.1, 2020.
About the Financial Planning Standards Council
As a professional standards-setting and certification body working in the public interest, the Financial Planning Standards Council’s (FPSC) purpose is to drive value and instill confidence in financial planning. FPSC ensures those it certifies meet appropriate standards of competence and professionalism through rigorous requirements of education, examination, experience and ethics.
The path to FPSC Level 1® Certification
You must complete all eight core curriculum courses with a minimum grade of 65% in each course to be eligible to write the FPSC Level 1® Financial Planning Exam. Personal Finance (FNCE 322) should be the final course taken of the eight core curriculum courses as it brings together many of the FPSC required concepts, principles, and methods covered in the other courses and will better prepare you to write the FPSC Level 1® Financial Planning Exam.
|Introductory Financial Accounting (ACCT 253)|
|Macroeconomics (ECON 248)|
|Commercial Law (LGST 369)|
|Taxation I (TAXX 301)|
|Overview of Corporate Finance (FNCE 370)|
|Investments (FNCE 401)|
|Portfolio Management (FNCE 470)|
|Personal Finance (FNCE 322)|
Is Athabasca University (AU) approved as a provider of Core Curriculum Courses for FPSC education requirements?
Yes, Athabasca University is an approved educational provider of approved Core Curriculum programs with the Financial Planning Standards Council. AU provides the required eight courses students must complete to qualify to write FPSC’s Level 1® Financial Planning Examination.
AU was granted approval on June 14, 2016.
What if I completed courses in the Core Curriculum prior to Athabasca University being approved as a Core Curriculum provider?
If you took courses prior to Athabasca University becoming an approved Core Curriculum provider, you may be eligible to write the exam. However, You must also have taken FNCE 322 Personal Finance in its new revision (revision 5) which opened in April 2017 as it covers necessary content in order to meet FPSC’s education requirements.
Is there a minimum pass mark required for the program courses?
Yes. The minimum passing grade required to be eligible to write the Level 1® Financial Planning Exam is 65%
What if some of my course requirements were taken elsewhere and transferred to my program?
You may need to provide a transfer credit equivalency report in order to show the course was equivalent to the course(s) here. An advisor in our Student Support Centre can help you with this.
What are the requirements to be eligible to write the FPSC Level 1® Exam?
You will need to have taken all eight of the Core Curriculum courses, including the newest revision of Finance 322 (revision 5) or higher as well as have maintained a minimum grade of 65% in each course. You do not need to be a BComm or BMgmt program student to take these eight courses.
I want to become CFP® Certified, does Athabasca University offer this?
At this time, AU offers only the Core Curriculum courses that will enable a student to be able to write the FPSC Level 1® Financial Planning Exam. However, if a student chooses to move on to become a CFP Professional, they can continue schooling through another education provider. More information on becoming a Certified Financial Planner can be found here.
Do I need to be enrolled in a Bachelor of Commerce or Bachelor of Management program to take the eight courses offered by AU prepare for my FPSC Level 1® Certification?
No. You can choose to take just the eight courses offered by AU to prepare for the FPSC Level 1® Certification examination. However, some of the courses included in the Core Curriculum may have prerequisites that will be required to be completed prior to starting. If you have any questions about the Core Courses or prerequisites, please contact the Student Support Centre for assistance.
Once I am FPSC Level 1® Certified, can I use my credentials in my title?
Yes! You are able to use the designation and logo. You can find the logo’s and proper usage guidelines here.