Become a Certified GST Practitioner. Batch begins 18th Nov. Register Now!

CFP Future

Mihir (Wealth Manager) (5293 Points)

25 June 2010

CFP (Certified Financial Planning)

What do you think is the future in CFP?

Mostly CFPs are hired as relationship manager (sales/marketing). The exams are pretty tough and also expensive. Is it worth doing the course for somebody who isn't interested in sales/marketing?

Kindly discuss, thanks

Reply
Follow
Share

13 Replies

sree ( Article assistant ) (2285 Points)
Replied 25 June 2010

Originally posted by : Mihir
	CFP (Certified Financial Planning) What do you think is the future in CFP? Mostly CFPs are hired as relationship manager (sales/marketing). The exams are pretty tough and also expensive. Is it worth doing the course for somebody who isn't interested in sales/marketing? Kindly discuss, thanks

Hey Mihir , me too registered for CFP, first of all its nothing to do with sales or marketing, secoundly if u are a CA inter level these exams are like school exams for u , i have cleared 3 papers ... for me CFP is just a tag or extra qualification beside my CA :) u know it adds value to your resume , more over it cost Rs 40,000 in full to complete the progame.

I am doing CFP b'cos, to add vale to my resume ... moreover we get idea on the individual finance planing also this may help us sometime you know and may be personally too

What say ?

Upgrade to CAclubindia Pro. Subscribe Now!

Mihir (Wealth Manager) (5293 Points)
Replied 25 June 2010

Hey Sree, nice to know about you. I agree that CFP will give immense understanding in managing our own personal finance. But in case of employment, companies prefer a CFP for relationship manager, and their job profile is primarily selling their investment products like insurance, mutual fund, etc. I am still struggling with CFP examination. I am trying to find some good books to prepare for the CFP exams. Now they have removed the negative markings but raised passing mark to 60% from 50%. What study material are you using for CFP exams?

sree ( Article assistant ) (2285 Points)
Replied 26 June 2010

I use IIFB books yar ... good books ... are u sure they have incresed pass % to 60 ? anyways ... nice to meet u

sree ( Article assistant ) (2285 Points)
Replied 26 June 2010

And u know what with CFP qualification ... u can make to any bank ( Not only marketing ) , but u need to clear some bank exams as well , and they pay verry good man ! Just an Plan B in case CA takes more time than we expected ... we have some options @ hand right :)

1 Like

Mihir (Wealth Manager) (5293 Points)
Replied 26 June 2010

Yes, I agree, we got to have a plan B, plan C. I have ICFP books. They are good for information but does not help much in exams, though. In my opinion, the banking industry has become so technology-driven that they mostly need employees to interact with the people regarding bank's tech-services, which is marketing. The specialized job is done by the top-level management. I am also trying to come up with a Plan B or C.

Upgrade to CAclubindia Pro. Subscribe Now!

Mihir (Wealth Manager) (5293 Points)
Replied 12 August 2010

Any ideas on PGDFA?

shashank srivastava (cs support ) (22 Points)
Replied 22 May 2013

HI,

I need an inforamtion that just now i did my graduation from sol (d.u) b.com pass and looking for cfp throught iifp for preparation . please suggest me that it will help me to enhance my career in future ,even i want to know that what kind of demand cfp have in a market i means job opportunity and please give any good refernce who already did the cfp and working now so i can gain some practicle knowledge for same

Thanks&Reagrds

Shashank Srivastava

indiactwo (B.Com) (38 Points)
Replied 28 May 2013

I would like to suggest you to check for DSP Financial Black Rock. You will get steps to get your carrer done in CFP. CFP is good platform and serving number of job opprtunities in the market.

NCFM Certification

shashank srivastava (cs support ) (22 Points)
Replied 29 May 2013

Hi wolud you please tell what dsp financial blac rock do in the terms of cfp and please tell me icici securities ltd is good platform for prepartion for cfp or not , after graduation it is good for career growth . please assist me on same . I am planing to jion june batch for this .

Regard&Thanks
Shashank Srivastava

Khushbu Doshi (Counsellor) (22 Points)
Replied 08 May 2014

Hi!! If you wish to pursue your career in finance you can opt for CFP course i.e Certified Financial Planner. The course is affiliated by Financial Planner Standard Board of India. The course is recognized across 24 countries. The course provides you with career opportunities to become Wealth Manager,Portfolio Manager or Financial Advisor. Course duration is only 11 months. To get more details you can call on 9322637748.

Upgrade to CAclubindia Pro. Subscribe Now!

amogh (articled assistant) (21 Points)
Replied 08 January 2015

Hi All,

I'm an MBA and have 2 years 10 months experience in Finance industry.

Even i'm planning to do CFP.

I want to do it through self study mode. How do i acquire books for the course. What is the earliest time by which I can complete the entire course and certification.

Please advice...