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 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;
Any individual with 10+2 qualification can start pursuing CFP course under regular pathway. Since there is no examination for the first module, the rest of the four modules need to be cleared before appearing for last module examination i.e., advanced financial planning. Upon clearing the last module exam, a candidate is eligible to apply for CFP certification.
The examination details are given under;
Once the final exam is cleared, a candidate can apply for CFP charter membership. An individual should have 3 years of experience in financial services industry to get the membership or to obtain the certification.
At Knowise, we have been training CFP aspirants since 2009. The CFP regular pathway training program is designed in such a way that it is suited for both freshers and industry professionals. The classes are conducted over weekends. Some of the salient features of Knowise CFP training include:
The duration of the training program is 120 hours which is covered over a period of 6 months. The training for each module of CFP certification is 20 hours. Candidate can look at completing each module in a month’s time and take the examination immediately. The classes are conducted on weekends.