CFP
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New answer posted
a year agoContributor-Level 9
The corporate sector hires or outsources Certified Financial Planners services to facilitate good financial planning services to improve employee engagement and retention, reduce financial stress, promote the company's reputation, etc. Certified Financial Planners are as important in corporate sectors as in BFSI sectors.
New answer posted
a year agoContributor-Level 9
CFP are financial helpers and help people manage their money to reach life goals. These goals can be -
- buying a house
- saving for college
- even retiring comfortably, etc.
They help in making personalized plans for
- saving
- investing
- taxes
- insurance, etc.
New answer posted
a year agoContributor-Level 9
Here are some of the best CFP college options in Mumbai, India:
| CFP Colleges in Mumbai | Tuition Fee |
|---|---|
| IMS Proschool, Navi Mumbai | INR 25,000 - 50,000 |
| IMS Proschool, Andheri West | INR 50,000 |
| ICFL Mumbai | - |
| Indian School of Business Management and Administration, Mira Road | INR 20,900 |
| Financial Planning Academy | INR 1.3 Lakh |
Note: The information is sourced from the official/counselling body of the institute/exam.
New answer posted
a year agoContributor-Level 9
Financial Planning Academy, Indian School of Business Management and Administration and IMS ProSchools are best distance college options for CFP preparations in India. Here are some of their top branches you can opt for -
| CFP Distance Colleges | Tuition Fee |
|---|---|
| Indian School of Business Management and Administration Bangalore | INR 20,900 |
| Indian School of Business Management and Administration Ahmedabad | INR 20,900 |
| Indian School of Business Management and Administration Mumbai | INR 20,900 |
| Financial Planning Academy | INR 1.3 Lakh |
| IMS ProSchool Pune | INR 25,000 |
| IMS ProSchool Bangalore | INR 25,000 |
| IMS ProSchool Chennai | INR 25,000 |
| IMS ProSchool Kochi | INR 25,000 |
Note: The info is taken from other sources and can be different.
Hope this answer helps you!
New answer posted
a year agoContributor-Level 9
Certified Financial Planner is most desired and respected global certification for those seeking to demonstrate their commitment to competent and ethical financial planning practice. Candidates having CFP certification get enhanced career and employment opportunities with financial services companies. They can work in banks, distribution houses, insurance companies, equity brokerage, and financial planning firms.
New answer posted
a year agoContributor-Level 9
Candidates need to follow the steps below to apply for CFP certification.
- Candidate can apply for the initial CFP certification only after successfully clearing Exam 5 and having the required work experience.
- Having met the criteria, duly fill out the CFP certification application form and upload the required documents as mentioned in the application form.
- FPSB will verify the uploaded documents. Once the documents are in order, a payment link will be sent to the candidate on their registered email ID for payment of fees.
- Once the candidate makes the payment and it is verified by FPSB, candidates will receive a digital copy of the CFP cert
New answer posted
a year agoContributor-Level 9
The Certified Financial Planner (CFP) exam passing marks are not publicly disclosed by the exam Board. The scores also vary depending on the exams and candidates. Earlier, the criteria have always been between 62 - 67%, which means the aspirants must achieve a score of at least 65 - 70%.
New answer posted
a year agoContributor-Level 9
One can take the CFP test 3 times in a year. (Maximum). Starting from the first attempt. If you fail for the 3rd time you'll have to wait for 12 months from the time of 3rd attempt. One also has to submit the exam fee every time they retake the exam.
New answer posted
a year agoContributor-Level 9
Validity of a CFP (Certified Financial Planner) certificate is 1 year in India after that it needs a renewal to maintain its status.
Renewal process involves completing continuing professional development credits to stay updated with industry standards.
If you fail to maintain renewal requirements your certificate can be suspended or revoked.
New answer posted
a year agoContributor-Level 10
Professionals might take this course in addition to their current job to increase their earnings. Also, students who aspire to work as financial advisors in future might enroll in this program. Students interested in financial studies can pursue a CFP. This professional learning will help candidates get acceleration in their careers.
They need to be persistent, energetic, and good at problem-solving abilities. Besides, they need to develop some organizational abilities.
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