CFP

Candidates should know that salary can be different according to location, job and company. 

Avg salary - INR 6 - 10 LPA 

fresher - INR 4 - 6 LPA

with experience - INR 10 LPA +

Of more than 25 CFP colleges or training providers in India that offer you best learning resources and training to clear CFP certification exams in full time or distance mode.

Some best choices are -

• Institute of Professional Education and Research (Bhubaneswar)
• IMS Proschool (Chennai and Pune)
• ICOFP Mumbai
• ICFL
• Financial Planning Academy

Of course yes. FPSB India makes sure to keep CFP syllabus updated as per evolving financial landscape and industry trends of country along with keeping in mind growing middle class population demands. Specialised courses in CFP coursework are only to enhance learning and knowledge of future CFP professionals.

The CFP course syllabus is spread across 6 core modules based on the important concepts of financial planning, insurance concepts, tax and estate planning, retirement planning and employee benefits, and integrated financial planning case studies. All of these comprehensive modules serve as the capstone for a thorough knowledge and expertise in financial planning and wealth management.

There are a total of 4 exams for you to clear before getting to final destination of CFP certification. first 3 are specialist courses exams for Investment Planning Specialist (IPS), Retirement and Tax Planning (RTPS) and Risk and Estate Planning (REPS), and fourth one is final CFP exam.

Other than exams you also have to fulfill extra CFP requirements of Global Ethics course, Financial Plan Assessment (FPA) and work experience to become eligible for prestigious certificate.

Yes. The CFP exam is MCQ-based with 50 questions (25 based on case studies and 25 on individual financial planning topics), with no negative marking. The CFP exam is 3 hours long and is computer-based. You can take it either on the Mettle platform or via NSE exam centers. You can also make use of the financial spreadsheets and calculator, given the previous data has been erased.

Well yes it is necessary for you to have a graduate degree to get CFP certification.

You can surely go for it after Class 12 but you need to fulfill elgibility from a recognised university either before or after passing CFP exam within a 5 year timeframe.

If you're applying through CFP regular pathway, you should have passed Class 12 and cleared all exam levels covering all six core modules.

But if you've decided to opt for fast track route it is important for you to hold a CFA/CPA/CA Intermediate/PG Degree from a UGC Approved University/MBA/PhD and clear CFP exam and Financial Plan Assessment excluding 3 specialist course exams.

The CFP course duration is usually 6 months to 2 years, which differs on the basis of the chosen pathway, whether regular or fast-paced, and individual learning capabilities. If you're starting with the regular pathway, it will take you around 18 to 24 months to cover all the CFP coursework and clear relevant exams. On the other hand, if you're entering via the fast-track pathway, you can easily complete all the coursework and exams in 6 to 9 months.

CFP is a professional certificate given by FPSB (Financial Planning Standards Board) and is not a degree.

A graduation degree is a needed for CFP which allows you to be a financial advisor and give personalized financial planning services.

As per FPSB India's official website there are around 3,215 CFP professionals in India as of now and around 2,30,648 globally.