EXAMINATION

The professional qualification of HKRFP provides a good credential for professionals in the financial planning industry. The designation of HKRFP is a symbol of high professional standard of the individual who met stringent educational and professional experience requirements. All examinations will be conducted on the same day in Hong Kong and China. Hong Kong Examinations and Assessment Authority will be responsible for Hong Kong examination administration. Universities will be selected at Beijing, Shanghai, Hangzhou, Guangzhou, Shenzhen, Dongguan, Guangsi, Wuhan and ChengDu as examination centers for China candidates. This uniform examination will be started from December 2004 diet. The Examinations are designed to assess the ability of candidates to apply financial planning knowledge and theories to practitioners work environment, thereby protecting the public by assuring that all certificate holders are at the appropriate level of competency. 

Examination center

Hong Kong, Beijing, Shanghai, Hangzhou, Guangzhou, Shenzhen, Dongguan, Guangsi, Wuhan, ChengDu and ChungQing. 

Examination Entry

A registered student of The Society who has paid his current annual student fee; the required examination fees and must have successfully completed the respective required education modules at universities or education institutions recognized by the Society is eligible for entry to the examinations for that specific paper. Examinations are normally held twice a year in June and December in Hong Kong, and quarterly in China i.e. March, June, September and December.  Examination entry forms will be sent automatically to all eligible students in advance of each diet. If an examination is cancelled and changed, candidates will be notified the new date and time of the examination. In such case, candidates are not required to reregister. Applications for refund and/or transfer of the examination fee will not be accepted.

Download examination entry forms: English ( DOC ); Simplex Chinese  中文考试申请表

Examination Fee

Examination fee is HK$ 600 per module for Hong Kong candidates; and RMB 350 per module for China candidates.

Examination Result

Examination results will be released to candidates within 2 months from the examination dates.

Examination Entry Closing Date for China - Chinese stream
Mar 2012 diet	15 Feb 2012
Sep 2012 diet	15 Aug 2012

Examination Date
	Mar 2012	Sep 2012
FP 3010 Financial Planning	16 Mar 2012 6:30 - 9:00 pm	14 Sep 2012 6:30 - 9:00 pm
FP 3020 Insurance Planning	17 Mar 2012 9:00 - 11:30 am	15 Sep 2012 9:00 - 11:30 am
FP 3030 Investment Planning	17 Mar 2012 1:30 - 4:00 pm	15 Sep 2012 1:30 - 4:00 pm
FP 3040 Tax Planning (HK)	Not available	Not available
FP 3060 Int'l Financial Mgt & Tax (China)	18 Mar 2012 9:00 - 11:30 am	16 Sep 2012 9:30 - 11:30 am
FP 3050 Best Practices for Financial Planners	18 Mar 2012 1:30 - 4:00 pm	16 Sep 2012 1:30 - 4:00 pm

中文考试时间表

Challenge Status

Candidates with proof of studies on acceptable financial planning courses can be considered to sit for challenge examinations:

• Candidates have to provide attendance certificates of relevant course from the institutes and detailed syllabuses for assessment.
• The assessment fee is HK$ 600 for each module or course.
• The process normally takes two weeks and candidates will be informed of the results.
• The Examination Committee's decision on results of evaluation is final.

Examination Language

HKRFP Certification Examination will be offered in English and Simplified Chinese version. The two languages of the examinations are equivalent. Applicants are required to specify which languages they will sit for by submitting the application form in the corresponding language. No change of examination language will be allowed after the examination application is received by HKRFP. English language will be offered twice a year in June and December. Simplex Chinese will be offered four times a year in March, June, September and December. Traditional Chinese will NOT be offered from January 2007 at Hong Kong.

Examination Format

The examination format for modules: Financial Planning, Insurance Planning, Investment Planning, Tax Planning, and International Finance Management & Tax are in multiple-choice questions. Candidates select one best answer from the choices of four given. Each questions carries 1 score. Questions require calculation and case problems will offer 2 - 3 scores. There are 75 to 100 questions carrying a total of 100 scores. 

Candidates are required to write a comprehensive financial plan on a case problem for "Best Practices for Financial Planners" module.  There will be 60% in multiple-choice questions and 40% for the financial plan on a case problem. The purpose to write a comprehensive financial plan is to ensure student members of the Society are capable to deliver professional financial planning solutions to the public.

Download the comprehensive financial plan format. 下载：中文财务策划书模式。

Policy on calculators

Candidates are allowed to bring in their calculators into the examination center provided that calculators are non-programmable calculators. The following calculators are allowed for HKRFP Certification Examination: Casio FC100, FC200, Hewlett-Packard 10BII, HP12C and Texas Instrument BA II Plus. The examination center is not responsible for provision of calculators.

Examination Regulations

Examination regulations will be sent to registered students together with the admission form before the examination.  中文：考场规则。

Pass Score

The pass score for the Certification Examination is 60%.

Re-examination Policy

If the student fail the examination, he/she has to re-sit for the failed papers. Student has to complete all examination papers within seven years, otherwise he/she has to re-enroll for Student membership and retake all examination papers.

Hong Kong Dec 2011 diet - examination statistics

Modules:	Average score
Financial Planning	75
Insurance Planning	70
Investment Planning	68
Tax Planning	65
Best Practices for Financial Planners	84

The average pass score was 77%.

China Dec 2011 diet - examination statistics

Modules:	Average score
Financial Planning	84
Insurance Planning	79
Investment Planning	78
International Financial Management and Tax	63
Best Practices for Financial Planners	85

The average pass score was 82%.

Examiner commentary:

Candidates performed at a satisfactory level on this examination. Candidates had the most difficulty with case problems and calculation questions. Performance for Tax Planning has been improved over the past diets. Candidates did much understand how to write a financial plan at Best Practices.  China has higher average pass score rate.

Examination transcripts will be mailed to candidates on or before 15th Jan 2012 for Dec 2011 diet.

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