Certified Financial PlannerCM is a globally recognized certification in the area of personal finance and wealth management. The CFP certification is accepted across 26 countries globally. At present we have close to 2000 members who hold CFP certification in India.
FPSB India has about 50 charter members who have recognized CFP Course and have been encouraging their employees to clear the certification. These charter members are also keen on hiring fresh graduates with CFP certification. The charter members of FPSB are nothing but the financial service institutions like Axis Bank, ICICI Bank, HDFC Bank, Franklin Templeton mutual fund etc.
As per FPSB India guidelines, a candidate should ideally complete the 4 Es i.e. Education, Examination, Experience and Ethics. The CFPCM course consists of 6 subjects. To get the certificate one has to clear the examinations set by FPSB India. CFP certification modules are;
There is no examination for the first module but the content of the same is tested in the rest of modules. There are 2 different pathways of pursuing CFP certification;
This program is meant for people with professional work experience. Under this route, a candidate is exempted from writing the exam for the first four papers and can appear for last module exam directly to complete the certification. For an individual to qualify for challenge status program, the following criteria should be fulfilled:
The CFP challenge status pathway is best suited for individuals with experience in BFSI domain and have basic knowledge on investment products.
Knowise is one of the pioneers in offering training for CFP Challenge Status Program. The first specialized challenge status course batch was launched in 2009. The key features of our training program are:
After successful completion of the examination, one has to fill out the application for obtaining the CFP certification. The certificate is valid for 1 year and the candidate should obtain 15 Continuing Education (CE) points to renew the certification. CE points are obtained in the form of attending the seminars, answering the questionnaire in financial planning magazine, teaching etc.