Last update: 28-02-2013
Widely Recogized in HK, Macau & China
The Hong Kong University of Science and Technology is the academic advisers to CFMP programme (Hong Kong). Together with the professional background of HKIB, CFMP encompasses a strong theoretical background and forefront practical knowledge and skills. The programme aims to foster high-performing wealth management human capital helping the banking and financial industry to attain sustainable development.
Banks and financial institutions in HK, Macau and the Mainland recognized CFMP as the professional qualification programme for wealth management executives; including AIA, Bank of China (HK), Citibank, DBS, HSBC, Hang Seng Bank, Nanyang Commercial Bank (HK), Wing Lung Bank, Bank of China (Macau), ICBC (Macau), ABN AMRO (China), Bank of Chongqing, Bank of East Asia (China), Nanyang Commercial Bank (China) etc. There are more than 10,000 exam enrollments and 1,000 CFMP holders up to August 2009.
Here are some of the graduation photos:
American International Assurance Company (Bermuda) Limited
Bank of China (Macau Branch)
DBS Bank (Hong Kong) Limited
Hang Seng Bank Limited
Wing Lung Bank Ltd.
Mutual Recognition with the China Banking Association, CBA
- an organisation under the auspices of China Banking Regulatory Commission, CBRC
HKIB has recently concluded mutual recognition arrangement with CBA¡¯s Certification of China Banking Professional (CCBP), making the Institute an important certifying partner of CBA and further promoting CFMP¡¯s status in the Mainland.
CCBP was introduced by CBA in 2006 and until today over 1 million people have taken the examination. Under the mutual recognition arrangement, holders of CFMP Stage 1(Hong Kong) or above only need to pass CCBP¡¯s ¡°Banking Fundamental Certificate¡± examination and will be awarded ¡°Personal Wealth Management Certificate¡± by CBA. Meanwhile, Chinese holders of CCBP are only required to complete the ¡°Banking and Financial Planning Regulations¡± and pass Stage 1 of CFMP (Hong Kong) examination held in the Mainland in order to obtain CFMP Stage 1¡¯s ¡°Financial Planning Certificate¡±. Furthermore, CCBP¡¯s ¡°Personal Wealth Management Certificate¡± is automatically awarded to members completing Stage 1 of CFMP (China).
The first ¡°Banking Fundamental Certificate¡± examination in Hong Kong registered over a hundred entrants was held on 6 June 2009. On the other hand, the first CFMP examination will also be held in Beijing, Shanghai and Shenzhen on 8 August 2009 and response has been overwhelming. Such mutual recognition arrangement will further promote exchange of talents across the border.
The signing of Mutual Recognition Agreement for CCBP (CBA) & CFMP (HKIB) on 14 July 2009
The first batch of CCBP holders in Hong Kong - ¡°Banking Fundamental Certificate¡± & ¡°Personal Wealth Management Certificate¡± received their certificates from Mr Peter Wong, President of HKIB & Mr Chen Yuan Nian, Secretary General of China Banking Association.