AAFM

You shall act in good faith in all dealings with clients, disclose all relevant information to clients, abstain from self-dealing and conflicts of interests, abide by your professional ethics such as State Boards and any other government regulation that you are subjected to by your profession or jurisdiction. The board reserves the right to terminate licenses, charters, fellowship and to publish names of serious offenders in breach of this code.

AAFM^™ Professional Code of Ethics^©

The American Academy of Financial Management recognizes the responsibility of financial professionals to foster high ethical standards in our profession. The AAFMTM does hereby adopt the following CODE OF ETHICS and PROFESSIONAL STANDARDS to provide direction in attaining high principles of truth, justice, zeal and good faith dealings.

Membership Structure

Membership Type	Eligibility Criterion	Details	Benefits
Professional	• Attend CWMTM certification Course (in-classroom or e-Learning) without exams or • 2 references from relevant industry + minimum 3 years of relevant industry experience or • Attend Knowledge Workshop Conducted or be a Speaker by AAFM India	• Registration fee of INR 2000/- (1 time fee) • Membership fee is INR 2000/- per year • 15 CPD hours annually to keep "Members in Good Standing" status	• Entitle to participate in all AAFM India activities and programs • Networking opportunities • Discounts to AAFM India Knowledge Workshops, seminars, etc. • Listed in AAFM India online membership directory • Use of AAFM India brand such as Professional Member of AAFM India

Certified	• Attend CWMTM certification Course (in-classroom or e-Learning) and pass and AAFM India Examination	• Registration fee is NILL • Membership fee is INR 5,000/- per year • For the 1st year, no CPD required. To maintain active and "membership-in-good-standing" status, 30 CPD hours are required (see CPD program details)	• All the above • Use of professional designation in business correspondences, letterhead and cards (i.e. CWM™) • On-line membership portal access

Fellow (highest distinction)	• Open to Certified / Professional / Senior Members from the industry who have a minimum of 10 years of experience at senior managerial level. • Submit a dissertation of 10,000 to 15,000 words, on a relevant subject approved by AAFM™ Board of Standards. and • Certified Members must be able to demonstrate that they have contributed significantly to the progress of the AAFM India (eg. articles, AAFM India competency standards; peer review of AAFM India course materials, AAFM India course lectures, AAFM India course guest speakers, etc.) • Be nominated by two current Fellows of AAFM India justifying the nomination • A formal review process will be undertaken by the AAFM India Board of Standards	• Registration Fee of INR 3000/- (1 time fee) • Fellows are required to comply with CPD requirements as with Certified Members • Annual membership fee of INR 5000/- is waived for the 1st year upon qualifying as a Fellow, thereafter, it is the same as Certified Member	• All the above • Use of "AAFM India “Fellow" in business correspondences, letterheads and cards • Exclusive invitations to events hosted by AAFM India • Exclusive "Fellow" membership benefits

Continuing Professional Development Program

Once you have achieved the “certified” or “chartered” status from one of AAFM™’s approved academic or accredited professional training programs, you will achieve the exclusive status as a Certified Member of the global AAFM™ family.

AAFM™ has been recognizing professional excellence by awarding “certified” or “chartered” status. Managing your professional development through AAFM™ will give you formal recognition of your development, proving to current and potential employers and business partners that you are serious about your career and about maintaining your knowledge and skills

An AAFM India certification holds the status of an up-to-date, experienced and qualified financial professional that has the potential to contribute to the advance of his or her practice area. Upon achieving an AAFM India certification, you will need to continue to qualify as a Certified Member through our AAFM India Continuing Professional Development (CPD) program. Due to differing market conditions and professional requirements, AAFM™’s Board of Standards has developed the CPD program to suit the Indian Financial markets. The CPD program has been designed to help you progress and get ahead in your career within the financial industry. Our CPD program offers our India based members to be able to take control of his or her own professional development in order to retain the AAFM™ certification and Certified Member status.

At AAFM India, we believe that learning does not only happen in the classroom. In fact, probably some of the most important learning’s are out in the work environment. The CPD program has been developed to be convenient for you, around your everyday work and giving you credit for your ongoing learning activities. Professional activities that you routinely participate in are recognized as fulfilling a part of your CPD requirements. This includes visiting industry events, attending training courses and reading industry publications.

Upon the award of your certification, you are waived from CPD requirements for the 1st year. From the 2nd year onwards, you are required to complete 30 CPD hours annually in order to keep your status as a Certified Member and a member-in-good-standing status.

The following activities can count towards your CPD requirements.

Training workshops and courses

You will receive CPD hours for participating in AAFM India knowledge Workshops or other professional training course. These may include business‐related courses. Such courses may be either be offered internally by your company or a public training seminar. (1 knowledge Workshop / training course = 5 CPD hours)

Your subscription to industry publications and journals are recognized. (1 journal subscription = 5 CPD hours)

You may submit a written case study (minimum 3000 words) to AAFM India or write an article published in a peer reviewed industry journal to qualify for CPD hours. (1 case study = 15 CPD hours)

Speaking at industry functions or providing trainings will qualify for CPD hours. (1 hour presentation = 6 CPD hours)

Participation in industry tradeshows, seminars and conferences (1 day conference = 5 CPD hours)

We recognize other professional qualifications that you may have achieved during your AAFM™ membership year. This may include designations that you have secured, including CFP, CFA, CPA and other similar qualifications. AAFM™ training courses may also qualify you for CPD credits in other professional bodies. Please contact AAFM India for more details. (Professional certification = 30 CPD hours.)

You would be required to maintain your record of CPD activity in your My AAFM India login account, 10% of AAFM India members will be selected for the annual random audit. When requested, you should submit the evidence of the CPD via email. Evidence may include a receipt, course materials, certificate, etc.

Membership will be renewed and your name will be added to our AAFM India online directory. To check your status, please see Members' Verification.