Becoming a Certified Financial Planner (CFP) involves completing a bachelor's degree, enrolling in a CFP Board-approved education program, gaining relevant work experience, passing the comprehensive CFP exam, and completing an ethics course.
To become a Certified Financial Planner (CFP) in India, follow these steps:
Educational Qualification: Obtain a bachelor's degree from a recognized university or institution.
CFP Education Program: Enroll in a CFP Board-approved education program. This program covers various financial planning topics and prepares you for the CFP exam.
Work Experience: Gain at least 3 years of full-time or 5 years of part-time work experience in the financial planning or related industry. This experience should be within ten years before or after passing the CFP exam.
CFP Exam: Register for and pass the comprehensive CFP exam, which tests your knowledge and understanding of financial planning principles and practices.
Ethics Course: Complete a CFP Board-approved ethics course to understand and ad... Read More
To become a Certified Financial Planner (CFP) in India, follow these steps:
Educational Qualification: Obtain a bachelor's degree from a recognized university or institution.
CFP Education Program: Enroll in a CFP Board-approved education program. This program covers various financial planning topics and prepares you for the CFP exam.
Work Experience: Gain at least 3 years of full-time or 5 years of part-time work experience in the financial planning or related industry. This experience should be within ten years before or after passing the CFP exam.
CFP Exam: Register for and pass the comprehensive CFP exam, which tests your knowledge and understanding of financial planning principles and practices.
Ethics Course: Complete a CFP Board-approved ethics course to understand and adhere to ethical standards in financial planning.
CFP Certification Application: Apply for CFP certification through FPSB India (Financial Planning Standards Board India) by submitting the required documents, including evidence of education, work experience, and exam results.
Examination Review Course: As a final step, complete the examination review course offered by FPSB India to get fully prepared for the CFP exam.
Once you have completed these steps and met all the requirements, you will be granted the Certified Financial Planner (CFP) designation, allowing you to offer comprehensive financial planning services to clients and demonstrate your expertise in the field of financial planning in India. Remember to maintain ongoing continuing education to stay updated with industry knowledge and maintain your CFP designation.
The eligibility criteria of the Chartered Financial Planning course is quite simple. The basic eligibility criteria here is a 12th grade passing certificate from a recognised board.
CFP exam
Module 1
Introduction To Financial Planning
Module 2
Risk Analysis & Insurance Planning
Module 3
Retirement Planning & Employee Benefits
Module 4
Investment Planning
Module 5
Tax Planning & Estate Planning
Module 6
Advanced Financial Planning
Five exams covering all six modules of the certification programme.
Certified as a CFP by the FPSB.
Candidates with an advanced level of qualification like CA/Intermediate level, CFA (US), ICWA, CAIIB, CS, LLB, PhD, MPhil, PG, Licentiate/Associate.
Applicants need to pass only 1 paper of Advanced Financial Planning to earn the degree.
Within the firm, you can work in such areas as Financial adviser,Financial planner,Adviser,Financial Analyst.
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