Canadian Securities Institute, Moody's Analytics Training & Certification Services
Mobile Menu

At CSI, the well-being of our valued learners and staff is our highest priority. Given the seriousness of the COVID-19, we suspended all in-person exams in Canada and internationally effective March 16, 2020. We have been monitoring the information from the government and local health authorities, and planning a reopening of some of our exam locations. Click here for more information.

FPIC Banner

Applied Financial Planning (AFP) Certification Examination


Successful completion of the Applied Financial Planning (AFP) Certification Examination is required prior to becoming certified as a Personal Financial Planner (PFP®).

The Applied Financial Planning (AFP) Certification Examination is an important and necessary step to become certified as a Personal Financial Planner (PFP®). Coupled with an experience requirement, it represents the final hurdle for candidates to complete the certification requirements for CSI's premier PFP® designation.

Eligibility Criteria

Candidates can enrol for the AFP Certificate Examination only once all courses within one of the PFP® Education Paths have been successfully completed.

The AFP Certification Examination consists of two separate examinations where the candidate must successfully complete both examinations to be eligible to apply for the PFP® designation. Candidates have up to three hours to complete each of AFP Exam 1 and AFP Exam 2, which are attempted separately. The AFP Exam 1 is a multiple-choice exam and the AFP Exam 2 contains case studies where candidates must provide a written response to open-ended questions (constructed-response questions).

AFP Exam 1 and AFP Exam 2 assess the required knowledge, skills and attributes to practice, and the candidate's ability to apply the professional competencies as set out in the PFP® Professional Competency Profile.

Who Should Enrol

Anyone who has completed an approved Education Path may enroll. We do encourage individuals to self-assess against the following to determine if the AFP Certification Examination is appropriate for you.

  • You offer financial planning services for some clients; or,
  • You are on the career path or currently practice as a financial planner; or,
  • You understand and are able to apply the financial planning competencies as set out in the PFP® Professional Competency Profile.

Although not a requirement to attempt the AFP Certification Examination, candidates should recognize that experience serving clients in personal financial planning situations may prove beneficial when attempting the examinations. Specifically, questions on the examinations may present situations that require in-depth analysis, evaluation and integration across the various aspects of financial planning to formulate a response; formulating such responses can be aided by real-life experience. Candidates should carefully self-assess to determine if they possess the skills necessary for success on the AFP Certification Examination and if their success could be enhanced by experience in the field.

This Certification Examination leads to the following credential: