Assessment

How will I be assessed for the FSP?

FSP candidates go through a rigorous peer review assessment process, whereby their professional behaviour, skills and technical knowledge are benchmarked against an industry-developed Capability Framework.

Candidates submit their Professional Portfolio via the FSP portal to the Assessment Panel made up of experienced industry practitioners who are senior Finsia members.

The Credential Advisory Board then awards the FSP credential to candidates.

What is the Assessment Criteria?

There are two elements in the Assessment Criteria:

Capability Framework
Client Profile.

The Capability Framework outlines the capabilities candidates need to demonstrate. The Client Profile describes the level and complexity at which the capabilities need to be demonstrated.

What is the role of the Assessment Panel

The Assessment Panel is made up of a minimum of 3 experienced industry practitioners who are Finsia members. Once a candidate summits the Professional Portfolio via the FSP Portal the Assessment Panel assesses the written evidence provided in the portfolio. The Panel will either recommend candidates for the Professional Interview or provide feedback on areas that need to be reviewed to candidates that have not met the capabilities outlined in the Capability Framework.

What is the role of the Professional Interview panel?

The Assessment Panel is made up of a minimum of 3 experienced industry practitioners who are Finsia members. Once a candidate summits the Professional Portfolio via the FSP Portal the Assessment Panel assesses the written evidence provided in the portfolio. If successful, the Portfolio is recommended to the Credential Admissions board who award the FSP.

How long will I have to wait for a decision after my Professional Portfolio has been reviewed by the Assessment Panel?

Candidates are notified in writing within 7 business days.

What happens if my Professional Portfolio does not meet the standards?

Candidates are invited to discuss their Professional Portfolio with the panel leader and then are required to resubmit their Professional Portfolio

Once satisfied that the candidate has met standard, the Assessment Panel leader then recommends the Portfolio to the Credential Admissions Board who award the FSP.

Who awards the FSP?

The Credential Admissions Board (CAB) is the body responsible for governance of the FSP. It is made up of senior Finsia members appointed by Finsia’s Board. Their role is to award the FSP credential to candidates who have successfully completed the assessment. The CAB meets at specified times during the year which are coordinated with the timing of Professional Interview panel to ensure FSP candidates waiting admission are awarded the FSP in a timely manner.

How long will it take before I am awarded the FSP?

The Credential Admissions Board (CAB), the body responsible for awarding the FSP credential to candidates, meets at specified times during the year soon after the Professional Interview panel to ensure FSP candidates awaiting admission are awarded the FSP in a timely manner.