Certified Financial Planner Certification

Certified Financial Planner is a globally recognized certification in the area of personal finance and wealth management. The CFP certification is accepted across 26 countries globally. At present we have close to 2000 members who hold CFP certification in India.

FPSB India has about 50 charter members who have recognized CFP Course and have been encouraging their employees to clear the certification. These charter members are also keen on hiring fresh graduates with CFP certification. The charter members of FPSB are the financial service institutions like Axis Bank, ICICI Bank, HDFC Bank, Franklin Templeton mutual fund etc.

As per FPSB India guidelines, a candidate should ideally complete the 4 Es i.e. Education, Examination, Experience and Ethics. The CFPCM course consists of 6 subjects. To get the certificate one has to clear the examinations set by FPSB India. 

CFP certification modules are;

• Introduction to financial planning
• Risk analysis and insurance planning
• Retirement planning
• Investment planning
• Tax and estate planning
• Advanced financial planning

There is no examination for the first module but the content of the same is tested in the rest of modules. There are 2 different pathways of pursuing CFP certification;

• CFP Regular Pathway
• CF Challenge Status Pathway

CFP Regular pathway:

Any individual with 10+2 qualification can start pursuing CFP course under regular pathway. Since there is no examination for the first module, the rest of the four modules need to be cleared before appearing for last module examination i.e., advanced financial planning. Upon clearing the last module exam, a candidate is eligible to apply for CFP certification.

The examination details are given under;

• The exams are conducted every day through online platform provided by NSE-IT centers
• All the exams are multiple choice questions based
• There is no negative marking for the wrong answers
• 50% is the passing mark
• The duration of the exam for first 4 papers is 2 hours and last module exam is 4hrs
• The results are published immediately

At Knowise, we have been training CFP aspirants since 2009. The CFP regular pathway training program is designed in such a way that it is suited for both freshers and industry professionals. The classes are conducted over weekends. 

Some of the salient features of Knowise CFP training include:

• Classes handled by faculties with CFP certification and rich industry experience
• Excel based training program for better understanding of the concept
• Compact batch size which ensures individual attention towards participants
• Assistance to candidates for registration with FPSB for CFP course and blocking examination
• The course material includes text books, presentations prepared by Knowise and practice questions
• Knowise holds 90%+ passing rate in CFP since 2009