The Indian Institute of Management Calcutta, also known as IIM Calcutta has entered into a partnership contract with Financial Planning Standards Board (FPSB) India, which will include a new executive education program focused on chartered financial planning. This partnership agreement was entered on 5 February 2026 in Mumbai, presided by top representatives from each institution involved.

According to IIM Calcutta, the association will combine its academic expertise and knowledge in financial planning standards and professional certification globally, which will be used for training executives and finance experts.

Strengthening Financial Planning Education

The MOU signing ceremony was conducted by Prof. Alok Kumar Rai, Director IIM Calcutta, in the presence of Dante De Gori, Global CEO FPSB. Prof. P Rajesh Babu, Dean, Executive Education, IIM Calcutta, was also present at the ceremony. This partnership is a response to the increasing need for formal, high-quality education in financial planning and wealth management. The program is specifically created to help professionals develop new-age knowledge and capabilities in areas like financial advisories, risk assessment, retirement planning, taxation and investments.

Focus and Benefits of the Program

The emphasis in the executive education programme will be on.

• Chartered standards in human finance are recognised worldwide

• Practical industry frameworks designed specifically for the finance practitioner

• Modules focusing on executive-level issues in the current financial markets

• Advice from leading experts in financial planning

By combining IIM Calcutta’s academic excellence with FPSB’s certification standards, the program aims to fill a gap in advanced financial education and professional practice.

Implications for Professionals and the Industry The initiative arrives at a moment of rising need for skilled professionals within the financial planning and consultancy domain. Structured education for executives helps bridge the link between generic management education and specific financial knowledge. Students of this program can enhance their prospects in a potentially thriving career within financial consultancy, wealth management, corporate finance and related consultancy domains where specific knowledge and professional qualifications are highly prized.

About the Partner Organisations

Established in the year 1961, IIM Calcutta is one of the leading business schools in India and is recognised for its high standards in academic programs and research. FPSB India is part of the global Financial Planning Standards Board, which is focused on setting global standards and benchmarks for financial planning certification.