A certified financial planner or CFP is an individual that helps prepare financial plans for individuals. A CFP can assist individuals in a variety of aspects from their personal finances to their professional finances as well as dealing with estate planning. To become a CFP one must first get a certification in finance and take a CFP course. These courses include financial courses and focus on preparing individuals to have careers in Financial Advisory Services.
Many that are going back to school to get be a CFP are individuals that are either just coming into the business and are looking to get take a CFP course and financial courses that will help them break into the industry, or they are individuals that have been financial planners but find that they need to get certified in order to continue working.
The CFP course at the Financial Planning Academy is one that holds its students at the highest of standards. They expect students to have the education, experience, and ethics that will make them qualified and exemplary CFP. Becoming a certified financial planner can be difficult but at FPA they make the process easier by making convenient for students by working around their schedules. Getting certified as a CFP allows for individuals to have a more professional bearing when it comes to finance and financial planning which will allow for them to have more personal and professional opportunities.
Individuals looking to become a CFP through the CFP course at FPA must be undergraduates (12th pass), graduates (in any stream) or working professionals to be eligible to pursue the CFP course. Those that are interested in pursuing a career in financial services, are looking for a new or improved job, want to be globally qualified, want a professional qualification that can be completed in a year, or want to work with companies in financial services or start their own businesses should consider applying for the CFP course.
Once admitted for the CFP course the certification program is based on the regular mode, distance learning, and the challenge status. These different options are what allow individuals to find the program that works best for them, whether it is in the classroom, or by distance learning/self-study.
The CFP course consists of 5 modules that help prepare students for being a certified financial planner and educate them on the basics of finance.
· Module 1: Introduction to Financial Planning
· Module 2: Risk Analysis and Insurance Planning
· Module 3: Retirement Planning and Employee Benefits
· Module 4: Investment Planning
· Module 5: Tax planning and Estate Planning
There are exams for all of the modules except for Module 1. The exams can be taken daily as they are assigned and are computer based. Each exam is 2 hours and a passing grade is 50%. The AFP exam is 4 hours and a passing grade is 50%.
Taking coursework to become a CFP is a great way to either find a career or boost a career in financial planning that you may already have. FPA gives individuals the instruction, coursework, and the tools to become successful CFP.