CFP Course Details | Duration, Eligibility, Course Types, Fee Structure, Jobs, Salary

CFP Course Details: For those individuals seeking a career in the financial service sector, CFP provides open doors of opportunities and a definite edge over other candidates. CFP is an internationally leading certification that encompasses over 1,70,000 certificate holders in the field of Financial Planning.

CFP holds a graciously excellent career opportunity for those individuals who fit in the norms of education, examination, experience, and ethics. CFP graduates are much revered by professionals, industry, and even consumers.

Below is the recorded structure course for aspirants to pursue after twelfth or after graduation. This report covers the overall topics like prospectus, course gradations, particulars on qualification, the confirmation process, fee structure, and vocation possibilities.

All About Certified Financial Planner (CFP) Course

CFP or Certified Financial Planner is an internationally recognized certification offered by financial professionals in Financial Planning. A CFP graduate is eligible to work in India and overseas as a financial partner in the financial industry.

A CFP certification holder even advises individuals about their financial decisions for achieving their goals. The FPSB- Financial Planning Standards Board offers certification, membership, and even conducts examinations for the award of Certified financial planners in India.

The FPSB examines its multiple study and examination centers across India. CFP has gained worldwide recognition for its qualification.

Overview of CFP Course Details

Course  CFP
Full form Certified Financial Planner
Eligibility 10+2 or Bachelors degree
Duration six months to two years
Fee Offered  $595 for application
Course Type Certification
Starting salary offered ₹3.5 Lakhs per annum
Similar Course CFA Course
Employment opportunities Portfolio Managers, Tax Planners, Insurance Advisors, Risk Analysts, Debt Management Specialist, Financial Advisors, Retirement Planning Advisors, and Mutual Fund Advisors

CFP Course Certification Exam Pattern

Certification CFP Certification holds tow modes of exams for contaminates- the Regular Pathway and the Challenge Status Pathway.

Regular Pathway

Candidates need to qualify the five CFP examinations consisting of 6 modules to acquire the CFP Certification. The Regular Pathway comprises four-part examinations, which the candidate must qualify through training support and self-study from any of FPSB’s approved Educational Institutions.

  1. Part-I Exam comprises of Insurance Planning and Risk Analysis
  2. Part-II Exam comprises of Employee Benefits and Retirement Planning
  3. Part-III Exam comprises of Investment Planning
  4. Part-IV Exam comprises of Estate Planning and Tax Planning

Theses four-part examinations are conducted on the NSE Academy Certification in the Financial Market platform and are facilitated by the National Stock Exchange. The examinations are conducted through NSE’s centers and other networking sites throughout India.

Challenge Status Pathway

To get past the Challenge Status Pathway, Candidates must secure a minimum aggregate in the Advanced Financial Planning to acquire a CFP certification. Candidates who possess higher qualifications like LLB, Ph.D., CA, CS, etc. are eligible to register for CFP Certification through the Challenge Status Pathway Portal.

CFP Course Duration

The overall duration for the CMA course option is flexible, which indicates that the total time taken to complete the CFP program depends on the aspirant’s level of dedication and focus. The entire CFP Certification course duration fluctuates between 6 months to two years based on the candidate’s potential.

CFP Certification and Eligibility

To acquire CFP certification, candidates must meet the minimum eligibility criteria laid down by the FPSB. The eligibility criteria are different for the two modes of the CFP Certification Examination.

Regular Pathway Eligibility

Aspiring candidates must secure a minimum aggregate in Matriculation or SSC or 10th standard. Candidates who have secured a minimum aggregate in Class 12 and those currently enrolled in Bachelor’s degree of any discipline are eligible to register for CFP Certification through the Regular Pathway.

However, at the time of Certified Financial Planner Certification, candidates must have secured a minimum aggregate in HSC or 12th standard.

Challenge Status Pathway Eligibility

To deem eligible for Challenge Status Pathway, candidates should have completed CA or Intermediate level, CFA, ICWA, CS, CAIIB, LLB, Ph.D., MPhil, PG, Actuary, FFSI and FLMI from LOMA, Associate or Fellowship of Life Insurance, Civil Service Examinations by UPSC.

In this mode of examination, candidates must clear only the Advanced Financial Planning, which is the fifth exam to be qualified and earn the CFP Certification.

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Fee Structure for CFP Certification

The approximate Fee Structure for CFP Certification applicable for both Regular Pathway Candidates and Challenge Status Pathway Candidates is given below:

  • Registration Fees with FPSB India- Rs. 16, 385 per annum
  • Exam paper- I-IV Fee Payment-  Rs. 4,130 per exam per attempt
  • Exam paper-V Fee Payment-  Rs. 8,260 per attempt
  • CFPCM Certification Fee Payment- Rs. 7,080 per annum, but is renewed annually

CFP Course Exam Curriculum

The CFP Curriculum comprises of FPSB’s financial planning program. This exam program comprises of topics that cover all the aspects of Certified Financial Planner. It is inclusive of fundamentals and real-life skills required to tackle in the real world.

Module Exam Curriculum
Introduction to Financial Planning Financial Planning Process that includes client interactions, time value of money applications, etc.
Education planning, and other general principles
Insurance Planning and Risk Analysis Introduction to the strategies and applications of Risk Analysis
Insurance Concepts, Insurance Policies, Environment of an Insurance Advisor,
Retirement Planning and Employee Benefits Introduction to Retirement Planning, Retirement Benefits, Retirement Planning, and Strategies, etc.
Reform proposals, Pension Sector Planning, and other related sectors.
Components of Investment Planning A fundamental concept to Investment Planning,  Regulation od the process, Investment vehicles, Client Application, and other related sections
Tax Planning & Estate Planning Tax Planning Considerations, Tax Computations, etc.
Planning of Estates
Introduction to Advanced Financial Planning This section of the portion includes determining and gathering client data along with their goals and expectations and other related sections.

CFP Course Details

Institutes Offering CFP Course

Below given are a few top institutes for Certified Financial Planner (CFP) Certification course:

Top Government Institutions

  • Indian School of Business Management and Administration, Hyderabad
  • Indian School of Business Management and Administration, Patna
  • Indian School of Business Management and Administration, Delhi

Top Private Institutions

  • IMS ProSchool Pune, Pune
  • ICICIdirect Centre for Financial Learning (ICFL), Kolkata
  • ICOFP Delhi- International College of Financial Planning, Delhi
  • ICOFP Mumbai – International College of Financial Planning, Mumbai

CFP Course Career Prospects

Financial Planning has become the need of the day among the middle-class sector of the income group as there is an increasing rate of people shifting from traditional assets to asset classes. This shift has increased the demand for Financial Planners across the globe.

CFP Course Job Opportunities

A Certified Financial Planner holds high demand in the follows areas of expertise:

  • Private Banking sector
  • Investment Consultancy Firms
  • Wealth Management Companies
  • Insurance Companies
  • Mutual Funds

CFP Course Job Profiles

A fully-qualified CFP Certification Holder is eligible to hold the following professional roles:

  • Portfolio Managers
  • Tax Planners
  • Insurance Advisors
  • Risk Analysts
  • Debt Management Specialist
  • Financial Advisors
  • Retirement Planning Advisors
  • Mutual Fund Advisors

Earnings of CFP Certificate Holder

In India, the average earning of a Certified Financial Planner is ₹3.5 Lakhs yearly.CFP holds a high demand that provides an additional sum of average ₹50,000 as a bonus, an average of ₹75,000 in the form of commission, and an average of ₹22,000 in profit sharing.

Also, Check Courses After 12th, Courses After 10th on this website.

FAQ’s on CFP Course Details

Question 1.
What are the advantages of a Certified Financial Planner?

Certified Financial Planner is the most recognized in the field that increases employment rate at Mutual Funds, Wealth Banks, etc. This Certification course improves career progression and boosts advisory services.

Question 2.
What is the duration of the CFP Certification Course?

The overall duration for the CMA course option is flexible, which indicates that the total time taken to complete the CFP program depends on the aspirant’s level of dedication and focus. The entire CFP Certification course duration fluctuates between 6 months to two years based on the candidate’s potential.

Question 3.
How can you differentiate between CFA and CFP?

A CFA graduate often works on the investment analysis with corporate clients, while a CFP graduate builds a financial plan with individual investors.


We hope that the information mentioned above regarding CFP Course Details has helped improve your understanding of the subject with in-depth knowledge.

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