CFP Singapore study plan
CFP Singapore · Give each week a clear focus.
8 weeks · About 7 hours per week
Module 1
Map the Module 1 syllabus into a one-page topic checklist and rate your confidence (1-5) on each line
Build a formula and definition sheet covering time value of money, risk-return measures, and the core financial-planning process steps
Work through at least 30 calculation-style questions on TVM and portfolio risk, logging every error with its cause
Draft a client fact-find template that captures cash flow, balance sheet, and risk tolerance data
Your checkpoint
A completed Module 1 confidence checklist plus a one-page formula sheet and an error log with at least 30 entries
Module 1
Explain the six-step financial planning process in writing from memory, then correct against notes
Practise 40 scenario questions on insurance planning, CPF-linked protection schemes, and tax treatment of premiums
Summarise Singapore income tax mechanics relevant to individuals, including reliefs and filing obligations
Solve three integrated case vignettes that combine cash-flow analysis with protection recommendations
Your checkpoint
A two-page written summary of the planning process and tax mechanics, plus a score log for 40 scenario questions
Module 1 & Module 2
Consolidate Module 1 by re-testing every item flagged low confidence in week 1
Skim the Module 2 syllabus and produce a topic map with weightings you estimate from question frequency
Define and differentiate at least 25 Module 2 technical terms in your own words
Complete a 30-question mixed Module 1 and Module 2 set under timed conditions
Your checkpoint
A Module 2 topic map and a 25-term glossary, with a timed 30-question score recorded
Module 2
Work through investment vehicles and asset-class characteristics, comparing risk, liquidity, and tax treatment
Calculate expected return, standard deviation, and correlation for a two-asset portfolio by hand and with a spreadsheet
Analyse at least 15 questions on collective investment schemes and regulatory safeguards in Singapore
Draft suitability arguments for three contrasting client profiles, justifying asset allocation choices
Your checkpoint
A spreadsheet portfolio-risk model plus three written suitability rationales of about 150 words each
Module 2 & Module 3
Finish Module 2 by re-testing all logged errors and confirming each is resolved
Map the Module 3 syllabus into a checklist and rate confidence per topic
Compare retirement-planning approaches, including CPF LIFE payout considerations and drawdown sequencing
Solve five estate-planning questions involving intestacy rules, wills, and nomination schemes
Your checkpoint
A resolved-error log for Module 2 and a Module 3 confidence checklist with at least 20 rated topics
Module 3
Explain CPF mechanisms relevant to planning, including contribution allocations, interest, and withdrawal rules
Build a retirement funding projection spreadsheet with inflation and longevity assumptions, then stress-test it
Work through 40 questions on estate planning instruments and business-owner succession issues
Write a one-page client letter explaining a retirement shortfall and three remediation options
Your checkpoint
A working retirement projection model with three scenarios and a one-page client letter
Module 3 & Module 1 & Module 2
Complete two full-length timed mock exams under exam conditions, no notes and strict timing
Categorise every mock error by domain, topic, and error type (knowledge, calculation, misreading)
Re-teach the three weakest topics per domain using your own notes, then re-test each with 10 questions
Refine your formula sheet down to a single page of high-frequency items
Your checkpoint
Two scored mock exams with a categorised error analysis and a one-page final formula sheet
Module 1 & Module 2 & Module 3
Re-attempt every previously missed question and confirm at least 80% now correct
Run one final timed mock and review only flagged items
Rehearse exam-day logistics, including time-per-question pacing and calculator checks
Recite the top 30 concepts aloud from memory without notes
Your checkpoint
A final mock score report plus a signed-off readiness checklist showing all domains at or above target
Milestones
Week 2: Module 1 error log shows every logged item resolved, and a self-scored 30-question Module 1 set reaches at least 70%
Week 4: Portfolio-risk spreadsheet reproduces expected return and standard deviation correctly for three worked examples, and a timed mixed set scores at least 70%
Week 6: Retirement projection model balances and stress-tests cleanly, and Module 3 practice questions score at least 65%
Week 7: Both full mock exams completed within time, with scores at or above 65% and an error analysis naming the top three weak topics
Week 8: Final mock at or above 75%, all previously missed questions re-attempted at 80% or better, and readiness checklist signed off