About Us
The Institute of Finance and Insurance Professionals is Sri Lanka’s premier applied academic provider for professional qualifications and professional development. Incorporated under Act No. 7 of 2007 (No PV00266364), our institute’s name has been approved by the Central Bank and the Insurance Regulatory Commission of Sri Lanka. We offer internationally recognised finance and insurance-related applied academic programs, professional qualifications, and designations.
Our esteemed faculty includes national and international experts who serve as mentors, coaches, trainers, and lecturers. We provide professional qualifications ranging from certificate-level to higher diplomas and designations, tailored for both beginners and experienced professionals. Our programs ensure success in finance and insurance by bridging local and international standards, offering the latest industry insights and best practices.
Accredited by numerous international professional bodies, our academic areas include Life and General Insurance, Banking, Leasing, and Finance, supporting entrepreneurs, business professionals, and students. With a global presence, we foster excellence and collaboration with international institutes and professional communities.
Join us at the Institute of Finance and Insurance Professionals, where academic excellence meets real-world application, and embark on a transformative journey towards a prosperous future in the finance and insurance industry.
Our Mission Statement
We deliver applied academic financial knowledge and education, promote lifelong learning, and advocate for ethical standards to benefit society. Our mission, rooted in professionalism, focuses on the future of the profession.
The mission of the Institute of Finance and Insurance Professionals® is:
To provide applied academic financial knowledge, education, and certification for financial services professionals and leaders, ensuring that members qualified to use the designations are recognized internationally as trusted financial professionals and employees.
To be the global leader in the provision of applied academic financial knowledge and education.
To uphold the highest ethical standards.
Our values include:
Opportunity: We provide applied academic financial knowledge, education, and certification for financial consultants, ensuring that qualified members are recognized.
Integrity: We aim to be the global leader in educating financial professionals and employees. We foster trust by steadfastly adhering to strong ethical principles in all our endeavours.
Ethics: We ensure fairness, consistency, and ethical conduct.
Respect: We achieve the highest ethical standards and nurture an equitable environment by valuing each individual equally, fostering inclusivity, and promoting open dialogue. We listen, understand, and empathize.
Accountability: We pledge to be reliable and results-driven, taking full responsibility for our actions. We promote accountability through empowerment.
Excellence: We are dedicated to lifelong learning and strive to deliver the highest standard of service in all our pursuits.
Community Responsibility: Our students and designation holders are direct representatives of The IFIP in the Financial Services industry. Therefore, we celebrate their achievements while also holding them to the highest standards set forth by our trustees.
What We Do?
The Institute of Finance and Insurance Professionals is a is a body dedicated to building public trust in the insurance, banking, leasing, and finance professions.
For Our Professional Members
Employed in or affiliated with the finance and insurance sectors, and IFIP students or University students regardless of membership level
For Corporates
We collaborate closely with employers to enhance their staff’s professional development.
For the Public
We foster public trust in the insurance and finance industries and drive market development through our affordable or free programs.
Frequently Asked Questions
How are courses delivered?
All certificate courses, diplomas, designations, and master designations are 100% online, offering flexibility for you to study at your own pace and in your own time. There are also a few face-to-face board certification opportunities available.
How much does it cost?
All certificate courses, diplomas, designations, and master designations are 100% free. You only need to be a member and pay the membership fee for the relevant course.
Can I take a course anywhere in the world?
Free from all geographical limitations, IFIP’s courses are available globally, and enrolment is open throughout the year. The IFIP team works tirelessly to offer distance learning opportunities that are uniquely flexible, affordable, and comprehensively beneficial.
Do I receive a certificate?
After successful completion of the certificate courses, diplomas, designations, and master designations, you will receive a certificate from the Institute of Finance and Insurance Professionals.
The National and International Advisory Council
Find out who makes up our National and International Advisory Council team.
The Management Leadership Team
Find out who makes up our Management Leadership Team
National and International Training Partners and Lecturers
IFIP Integrity
Integrity
All members of the Institute are dedicated to upholding high professional standards and best practices. This commitment is underscored by the requirement that every member, regardless of level, adheres strictly to the Uniform Code of Professional Conduct.
Building Trust
– To succeed as a consultant, your clients must have confidence that you prioritize their best interests. In a field often lacking clear guidance, membership in the Institute serves as a standard that clients can rely on.
– The Code of Conduct and the global designation reassure clients that they are engaging with top-tier consulting professionals. The Institute’s public endorsement of this Code distinguishes members from non-members and
Purpose
- The code aims to outline professional obligations that safeguard the public and clients alike, while also setting clear expectations for members and the profession.
Knowledge
- Members are required to stay informed about the Code of Professional Conduct and the profession’s Common Body of Knowledge.
- Members are expected to stay updated on developments in their areas of expertise within the profession.
Self-Discipline
Members acknowledge the privilege of self-regulation and are responsible for maintaining the standards of the profession. This includes reporting any unprofessional conduct to the Board
facilitates the development of trustworthy client relationships.
Responsibilities for Others
- Members must ensure that financial consultants working on their behalf are knowledgeable about and compliant with the Code of Professional Conduct.
- Members are obligated to uphold the profession’s reputation and its ability to serve the public interest.
- Members should avoid actions that could compromise the quality of their professional advice or their professional standing.
Responsibilities to the Client
Due Care
- Members must act in the best interests of their clients, providing services with integrity, objectivity, and independence.
- Members should not foster unrealistic expectations among their clients.
Business Development
- Members should refrain from pursuing business methods that could tarnish the Institute’s professional reputation.
Competence
- Members should only accept assignments for which they have the necessary knowledge and skills.
Informed Client
- Before taking on an assignment, members should establish mutual understanding with the client regarding objectives, scope, work plan, and costs.
Fee Arrangement
- Members must agree on fee structures with clients before commencing substantial work, and disclose any arrangements that might compromise their objectivity or independence.
Conflict
- Members should avoid simultaneous representation of conflicting interests without prior disclosure and agreement from all parties involved.
- Members must inform clients of any personal interests that could affect their professional judgment.
- Members should not exploit client relationships by encouraging their employees to seek alternate employment without discussing it with the client first.
Confidentiality
- Members are required to treat all client information as confidential.
Objectivity
- Members must avoid conditions that could compromise their independence, and should withdraw from assignments if such conditions arise.
Legal
- Members are obligated to comply with relevant legislation and laws.
Governing Documents & Professional Standards
IFIP Code of Ethics
IFIP discrimination policy
IFIP Privacy Policy
IFIP Trademark Usage Guidelines
IFIP website radio-podcast policy