Certified Financial Planner (CFP)
A 1–2 year certification covering tax planning and investment management.
Description
The Certified Financial Planner (CFP) is a 1–2 year professional certification that trains students in financial planning, tax planning, investment management, retirement planning and insurance. It is one of the most respected certifications in the personal finance and wealth management industry.
Students learn financial planning fundamentals, investment planning, tax planning, retirement and estate planning, insurance planning and risk management. The course combines self-study, classroom sessions and case studies, followed by the CFP exam conducted by FPSB India.
Certified graduates work as financial planners, wealth managers, investment advisors, retirement planners and independent financial consultants in banks, wealth management firms, financial advisory firms and as independent advisors. The certification is recognised globally.
Entrance Exams
CFP Exam (FPSB India)
Financial Planning Standards Board (FPSB) India
Students clear the CFP certification exam after completing the required modules and experience.
Direct / Enrolment-based Admission
FPSB-authorised institutes
Admission is via enrolment in FPSB-authorised institutes; no separate entrance exam.
Job Roles
Financial Planner
Creates comprehensive financial plans covering investments, tax, insurance and retirement.
Wealth Manager
Manages investment portfolios and wealth for high-net-worth clients.
Investment Advisor
Advises clients on investment products and portfolio strategy.
Retirement Planner
Specialises in retirement and estate planning for individuals and families.
Salary
Fresher (0–2 yrs)
Banks and wealth management firms pay at the higher end.
Mid-level (3–6 yrs)
Wealth managers and advisors earn more with experience and AUM.
Senior (7+ yrs / Wealth Head)
Independent advisors and wealth heads earn well above this range.
Top Colleges / Institutes
- FPSB India-authorised institutes
- Indian Institute of Financial Planning (IIFP)
- ICICI Centre for Financial Learning
- Private financial planning institutes (state-wise)
- Online / distance CFP programmes