CFP (Certified Financial Planner) Course

Aspirants, who wish to pursue their study in the Financial and investment field or get a career boost can check the CFP course. The full form of CFP is Certified Financial Planner and provides a valid certificate to an individual that is handover by Financial Planning Standards Boards (FPSB). The main aim of CFP is to prepare students for the banking department and tax department and management department. The syllabus of the CFP course is just like CA, CFA and FRM course. 

Quick Review - Certified Financial Planner

Particulars Details
Course Name CFP
Full Form Certified Financial Planner
Course Type Certification Course
Duration 6 Months to 2 Years
Eligibility Criteria 12th pass

The CFP program structure is designed for potential educators and provides in-depth knowledge of Financial Planning, Investment Planning, Risk Analysis and Advanced Financial Planning. This program generally comprises 6 Modules that includes six various subjects such as Introduction to Financial Planning, Risk Analysis and Insurance Planning, Employee Benefits, Investment planning, Tax and Estate Planning and Advanced planning. The students should be aware that apart from the core course that consists minimum of 6 months of duration (maximum 2 years, Depends upon students catching power). Many reputed colleges and universities can offer this professional course in  Regular Pathway and Challenge Status Pathway. After completion of the course, you can find job opportunities in wealth companies, the private banking sector, consultancy firms, insurance companies and more.

CFP Course Eligibility Criteria:

If you want to become a successful financial planner or an advisor, you can pursue with CFP course. You must possess some eligibility to pursue this course. If you are well aware of the eligibility of the course, it becomes much easier for you to know about the subject. Let us now move into the eligibility part of the course.

  • You can earn the Certified Financial Planner course after completing the 12th You can achieve it in two modes. One is the Regular Pathway, and the other one is the Challenge status pathway.
  • If you have completed your CA examination or the intermediate CA or LLB course, you can apply it through Challenge Status Pathway.

Why should you study the CFP course?

You must know the reason why to study this course. It will help you to see the subject in a better way. The course will help you in many ways. Let us have a glimpse at the reasons.

  • It will give you complete information and knowledge on the financial planning process, which is a good thing.
  • It will also allow you to a good plan on financial programs or strategies.
  • It will increase your confidence and help you in achieving the goals of your life.
  • It will help in enhancing the relationship with the financial clients and references.
  • This course is a high-income generation course that comes with ample job opportunities. It is another essential part of the course, and this is why most people and professionals love to pursue this course. It can add extra value to your academic career.
  • If you have strong financial clients, the course will help you make them understand the financial plans better.

Syllabus of the CFP course:

In this part, you will learn about the syllabus of the course. Let us have a glimpse on the look of the syllabus.

  • Introduction to Financial Planning
  • Risk Analysis and insurance planning
  • Retirement planning and Employee Benefits
  • Investment planning
  • Tax planning and Estate planning
  • Advanced financial planning

Almost all the subjects of the syllabus are so interesting that you will grow interest on the course. It is the best thing about the course. You can learn a lot from the CFP course.

What are the skills required to learn the course?

You must possess some skills and values to learn the course. It is essential to know the skills for learning the course.

  • You must have proper communication skills for interacting with the people.
  • You must have interpersonal skills to pursue the course.
  • You must know the actual way for stress management.
  • You need to be energetic and sporting while pursuing the course.
  • You must have proper analytical and problem solving skills.
  • You must have the passion for the course.
  • You need to have good organizational skills

With these skills you can become a successful financial planner. As a financial planner you will be entrusted with the duty to look after the financial aspects of the organization.

Best colleges that offer CPF course to the students:

Now you will come across the names of some colleges who offer this course to the aspiring students and candidates.

S.No. Colleges Name Location Fees (Average)
1 Indian School of Business Management and Administration Hyderabad 20,990 INR
2  Indian Institute Of Business Management Patna 20,900 INR
3 Indian School of Business Management and Administration Delhi 15,900 INR
4 IMS Pro School Pune Pune 30,000 INR
5 ICICI direct center for financial learning Kolkata 30,000 INR
6 ICFL-ICICI Direct center for Financial learning New Delhi 37,500 INR

Who are the top recruiters?

Once you complete the course, you can be selected and preferred by the financial houses. Many reputed financial places like Angel Broking, Aditya Birla, Kotak Life, Byju’s are the essential organizations that prefer to select students with this background. They provide a good salary to the candidates with a better experience.

Apart from this, other financial organizations also look for candidates with this degree. This is why you must try to pursue this course.

What is the average salary structure of the candidates?

As a beginner for a fresher, you may start drawing an average salary of 2 to 4 lakhs per annum which may increase with your skills and knowledge. However, at the mid-senior level, you may have a package of 8 lakhs to 10 lakhs per annum. This reflects that the career of a financial planner is always the best one. You must have the passion for going ahead with this course. It is a lucrative one that has excellent prospects. It would help if you always focused on the prospects of the course.

 What can one do after completing the CPF course?

You have ample options after completing the CPF course. If you want to pursue further studies, you can complete your undergraduate course and postgraduate courses. This will open comprehensive possibilities, and you will get a better place. It is fine if you get a job in a good company. However, some people want to increase their academic qualifications. This is why they select undergraduate courses. These courses will make your career much stable and better. You will get many options in your life which is a good thing.

One more option is there that you may pursue after completing the CFP course. It is the Certified Financial Analysts course or Chartered Financial consultant. It is a beautiful course that will give you a complete overview of financial planning. In the present world, when most corporate houses are focussing more and more on financial planning and strategies, this course will essentially help you. It will open new windows to your career.

Many big business houses also look for professionals who have complete the Certified Financial Analysts course. They are well-paid and have stable careers. People with these degrees can experience good growth in their academic careers. This will take them to a reasonable level. These courses will give you a better understanding of financial terms and related fields.

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