CFP (Certified Financial Planner) Modules, Syllabus, Topics, Learning Outcome, Study Materials, Study Books 2023

Ans. Certified Financial Planner or CFP is the most recognized Certification course in this field that increases employment rate at Mutual Funds, Wealth Banks, etc. This Certification course improves career progression, enhances crucial skills and boosts advisory services.

Ans. The overall duration for the CFA certification course is flexible, which indicates that the total time needed to complete the CFP course depends on the aspirant’s level of dedication and focus. The entire CFP Certification course duration fluctuates between 6 months to 2-years based on the candidate’s potential. It is a self paced course and the duration of the course depends upon the course provider and aspirants.

Ans. There are a lot of differences between CFA and CFP, however in terms of working CFA graduates often work on the investment analysis with corporate clients, while a CFP course graduate builds a financial plan with individual investors.

Ans. The CFP course depends upon the course provider and the aspirants pace. Typically CFP courses are offered for the minimum duration up to 6-9 months and it can take up to 3-4 years.

Ans. The basic CFP eligibility is passing class 10+2 from a recognised board. Aspirants should have cleared CA/ Intermediate level, CFA, ICWA, CAIIB, CS, etc.for applying through Challenge status. In this mode candidates need to clear only the fifth exam (Advance Financial Planning) to earn the certificate.

Ans. The average fees for the CFP course along with the certification can cost ranges between INR 40,000 and 60,000 depending upon various parameters.

Ans. Yes, CFP is an excellent and a very good career option for those wishing to develop their career in the field of Finance. After the successful completion of the CFP course there are a lot of job opportunities as well as there is good scope for private consultancy as Financial Advisor. CFPs are mainly hired or employed in various sectors including Banks, NBFCs, Financial Institutions, Wealth Management companies, Mutual Funds, etc.

Ans. CFP certificates are valid in India. CFP certification in India is one of the globally recognized certifications which provides the highest quality standards in personal financial planning. CFP course imparts knowledge of various concepts related to Finance Planning and Management.

Ans. After the successful completion of the CFP course, candidates can land various lucrative and highly paid jobs. The average salary one can expect to earn at the starting of their career as a Certified Financial Planner (CFP) can be around INR 4,15,700 per year (INR 22,520 per month) depending upon various aspects like Region, Designation, etc. The average highest salaries of a CFP in India is around INR 12 lakhs per annum and can exceed more than 20 lakhs per annum with experience. 

Ans. Yes, one can pursue a CFP course after completing their 10+2. They can opt CFP course by Regular Pathway mode, the candidate must have passed class 12th and should have qualified the five exams that covers all six modules of the CFP course certification programme to be eligible to be certified as a CFP by the FPSB (Financial Planning Standards Board).