CFP (Certified Financial Planner) Career Guide: Roles, Salary 2025 & Future Scope

Certified Financial Planner (CFP) is a certification course approved by Financial Standards Planning Board. This certification programme can be completed in a duration varying from six months to two years. Students interested in pursuing a profession in financial planning should enroll in this Certified Financial Planner (CFP) course after completing class 12th. One can earn the CFP certification under two modes – Regular Pathway and Challenge Status Pathway.

CFP is essential in every industry, including education, health, and medicine, and is acknowledged on a global scale. The students may even go on to work for the financial planning advisory board of international corporations and organisations. Graduates can find employment in a range of industries and businesses after completing the CFP course. Due to the vast array of economic opportunities present on the global market, financial planning and investment are two of the industries experiencing the quickest growth. Candidates are prepared to fulfill the professional expectations of the working industry through the one-year certificate programme.

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CFP Course Overview

Why Choose CFP?

The most sought-after and esteemed certification in the world for people wishing to prove their dedication to professional and moral financial planning practice is the Certified Financial Planner. Some of the advantages of choosing a CFP course are:

• After completing this certification course, the students get a chance to become a part of a global network of over 2 lakh certified financial planner professionals that are dedicated to prioritising the interests of their clients.
• It increases chances for employment and careers in the financial services industry. Banks, distribution companies, AMCs, insurance firms, equity brokerage firms, and financial planning companies are all interested in financial planners’ services.
• Satisfied customers who value thorough financial planning, offering in return long-term connections and recommendations.
• By expanding your product and service offerings, you can generate more revenue streams for clients.
• The CFP learning provides personal fulfillment from exceeding the industry's highest standard of excellence.

Top Careers in CFP

Graduates of CFP programmes can work in a variety of high profile and respected job categories, including Financial Planner, Wealth Advisor, Cost Analyst, etc. The typical yearly income ranges from INR 3-5 lakhs, depending on the company, the location, and other factors.

Finance Manager- In addition to monitoring and enforcing compliance with financial-related rules, processes, and regulations including tax filing and financial reporting, finance managers are responsible for advising a business on how to enhance profit through sound financial practises. They also conduct financial management tasks, such as gathering and submitting reports, collecting financial data, analysing market trends, and evaluating the company's financial standing. Besides, they oversee the creation and management of the company's finance divisions, which includes developing and revising policies, setting budgets, hiring new staff, putting them through training, and conducting frequent evaluations of financial practises.

Financial Advisor- A financial advisor, also known as a financial consultant, is in charge of offering wise counsel to organisations and individuals regarding their financial planning and interests. As part of their responsibilities, they meet with clients to learn about their needs and receive financial data. They also use financial statements and legislation to create financial plans to increase profits or lower debt for clients.

Portfolio Manager- Portfolio managers, also referred to as investment managers, wealth managers, or asset managers, concentrate on offering their clients portfolios built on effective investing strategies, with the main objective of producing a sufficient return on investment. Portfolio Manager are responsible for creating a statement of investment policy that outlines the goals of clients' investments. They are also responsible for building profitable investment portfolios with market and economic trends in mind.

Cost Controller- To carry out their primary responsibilities, cost controller professionals rely on their knowledge in accounting, finance, and budgeting. To track an organisation's performance and suggest methods to cut costs, they might also prepare reports and analyse financial data. Most of the time, they work along with project managers to carry out a certain project without going over budget.

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What is Portfolio Management?

Career Scope with CFP

Economics and finance management have evolved into essential elements for a country's development. The demand for students having knowledge of financial planners is constantly rising in India. The pass-outs of CFP course can work at a number of positions in government as well as private sectors. The government sector offers a variety of job options in the fields of planning, investment, and financial management. Eligible applicants can submit an application for CFP posts in the public sector, and candidates are often chosen after taking an entrance exam. A personal interview or a counselling session is conducted after the entrance exams. The students can also find jobs in private sector in areas including banking, investment, portfolio management, data analysis, and legal advice.

CFP Career Scope in India

Due to the vast array of economic opportunities present on the global market, financial planning and investment are two of the industries experiencing the quickest growth. Candidates are prepared to fulfil the professional expectations of the working industry through the one-year certificate programme. Financial planning, investment, risk analysis, relationship management, paraplanning, investment management, financial consultation, etc. are some of the industries with lucrative CFP course salaries. Students can seek jobs as financial managers or risk analysts after graduation.

Graduates of the course have a wide range of job opportunities in the many fields associated with financial planning, such as accounting, risk management, investing, etc. Graduates' CFP pay packages in India are significantly influenced by their areas of specialty and the demand for their work positions. Together with it, knowledge of the subject area and learned abilities are crucial. The demand for CFP positions will only grow as a result of increased interest and trends in economic prospects. The different recruitment fields that provide a good CFP fresher pay in India are listed below:

1. Financial Management- Strategic planning, organising, coordinating, and monitoring of financial endeavours inside a company or institution is referred to as financial management. Along with being crucial to fiscal management, it also entails applying management principles to a company's monetary assets. A financial manager is in charge of the financial management division of any organisation.

2. Data Management- Data management is the process of gathering, arranging, safeguarding, and archiving an organization's data so that it may be used for analysis and business decision-making. Data management solutions are crucial for making sense of the enormous amounts of data that enterprises are producing and consuming.

3. Relationship Management- Relationship management is a tactic used by organisations to keep a constant level of involvement with their target market and supplier chain. Instead of considering the relationship as purely transactional, relationship management tries to forge a partnership between a business and its clients.
4. Portfolio Management- The process of choosing and managing a set of investments to fulfil the long-term financial goals and risk tolerance of a client, a business, or an institution is known as portfolio management. Some people run their own investing portfolios.
5. Paraplanning- The term "paraplanning" describes the administrative and clerical tasks that a financial planner assigns to and does with the assistance of less experienced members of the group. Financial planners assign junior-level employees to do administrative, back-office, and administrative jobs through paraplanning.

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Career as Financial Planner

Average Salaries Based on Job Position

In India, the average CFP salary package is INR 4-5 LPA.   A prospective candidate's wage package after graduation is determined by a variety of factors. The expertise of the candidate, area of specialisation, job role description, demand for the role, position, and placement prospects offered by the respective institute are some of the determining elements that determine the CFP compensation per annum. Graduates of the 12-month certification programme are eligible for lucrative salary packages in both the public and private sectors. Some of the well-known CFP positions and salaries are listed below:

Job Position	Average Annual Salary
Financial Manager	8 LPA
Financial Advisor	4.5 LPA
Financial Planner	6 LPA
Portfolio Manager	9 LPA
Cost Controller	6.5 LPA
Research Analyst	4 LPA

Top Recruiters for CFP

Graduates of the CFP certificate programme can find employment prospects in both the public and private sectors of India. Several international countries provide even more prospects for CFP employment. Several nations now offer a wide range of professional prospects in the financial and investment sectors thanks to economic development and improved infrastructure. The expansion of the economy in various other countries is evidence of the employment and work prospects present in CFP-related industries.

Some of the top recruiting companies for CFP graduates are:

• ICICI Bank
• JP Morgan
• RBI
• HSBC
• SBI
• Amazon
• VISA Inc.
• Standard Chartered Bank
• LIC
• Post Office

Top Colleges for CFP

The candidate is best prepared by a CFP college to deal with and offer solutions to the financial industry's difficulties. Students can choose the finest college based on their preferences by visiting the college websites to view the entire details and duration of the CFP course. The Certified Financial Planner Course Costs may vary each college, depending on the amenities offered. Some of the well-known colleges in India for the CFP Course are listed below:

Name of College	Average Annual Salary (in INR)
Indian School of Business Management and Administration, Hyderabad	-----
Indian School of Business Management and Administration, Delhi	-----
Indian School of Business Management and Administration, Patna	-----
Indian School of Business Management and Administration, Mumbai	-----
IMS Pro School, Pune	-----
IMS Pro School, Mumbai	-----
ICOFP, Delhi	-----
ICICIdirect Centre For Financial Learning (ICFL Mumbai)	-----
Financial Planning Academy, Mumbai	5 LPA
ICFL - Icicidirect Centre For Financial Learning, Pune	-----

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Popular Colleges for CFP course

How to get a job after graduating with CFP?

These days, choosing from the numerous excellent financial markets courses available might be challenging for many finance students. These all provide varied employment prospects, and they are all very desirable. If you are hoping for excellent post-CFP employment chances in India, the Certified Financial Planning course is one of the quickest and simplest ways. To take this exam, a financial background is not required.  The CFP certification is given to people who have a strong ethical awareness and who are knowledgeable about risk analysis and financial planning. The CFP programme is well-known worldwide.

Top Indian Cities to get lucrative jobs after graduating with CFP

The candidate is better prepared by a CFP college to meet and address the practical difficulties facing the finance market. On the college websites, students can choose the finest college based on their preferences and can view the complete details and duration of the CFP course. The Certified Financial Planner Course Costs may vary according to the amenities offered at the college. Some of the well-known colleges in India for the CFP Duration are listed below:

Name of City	Average Annual Salary (in INR)
Delhi	4.9 LPA
Bangalore	5 LPA
Hyderabad	5.4 LPA
Chennai	5.2 LPA
Pune	4.1 LPA

Life After Graduating with CFP

There are several job prospects in India for CFP graduates in both the public and private sectors. This does not imply that there are less lucrative employment possibilities elsewhere. CFP positions are more lucrative and give better opportunities for career advancement in many foreign nations. In many countries that are economically developed, the average CFP income is higher. One of the most lucrative yet unstable industries in the working field is finance. If one lacks inside-out knowledge of the financial issues, losses can also happen in addition to success, which can come at a high cost. Because of their knowledge and insight on the topic, some of the most well-known minds in finance have built a reputation.

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MBA in Finance

CFA Course Details

Following are the most popular CFP (Certified Financial Planner) Colleges in India. Learn more about these CFP (Certified Financial Planner) colleges (Courses, Reviews, Answers & more) by downloading the Brochure.

Following are the most popular CFP (Certified Financial Planner) Specializations . You can explore the top Colleges offering these Specializations by clicking the links below.