According to a recent report, there will be a need for 50,000 CFPs in India in the next few years. Currently India has around 450 + CPFs. After doing CFP Course jobs would be offered in banks, insurance sector and financial services sector. With the increased activity on the Retail Banking front and in particular with Relationship Banking gaining popularity, Banks and Financial Institutions do look for staff that have a keen knowledge of Financial Planning. These companies do train staff on Financial Planning as well. The CFP course is being widely advertised today. An increasing number of banks like ICICI bank, Standard Chartered Bank and others are making it mandatory for their relationship managers to acquire the CFP certification Regulatory bodies like SEBI, IRDA and PFRDA etc are gradually educating and encouraging individuals to consult CFPs for their financial needs.
The Certified Financial Planner CFP designation is a certification mark for financial planners conferred by the Certified Financial Planner Board of Standards. To receive authorization to use the designation, the candidate must meet education, examination, experience and ethics requirements, and pay an ongoing certification fee. It has a good scope in India and you can get a good job.
Career in CFP: CERTIFIED FINANCIAL PLANNER (CFPCM ) CFPCM is the most sought after designation any financial planner may like to acquire. This is considered as the highest standard qualification in the field of financial planning.
To join this course one must have completed the graduation and should have 3 years experience in the financial services sector in any capacity. From field other than finance, one must have 5 years experience. Interestingly, even 10+2 passed candidate can do this course but they must have higher experience in allied field of finance. If a candidate is not having the requisite experience, they still can do this course and after passing they will remain as AFP (Associate Financial Planner) till they acquire the required work experience.
Once their experience level is achieved they can apply for the change of status of the designation to become a CFPCM New Era Institute of Professional Studies (NIPS) is an education provider of this course and they are now offering this prestigious course in Distance Learning mode. It gives a lifetime opportunity to acquire this value added qualification after joining this program and successful clearance of the examinations anyone can do CFP courses in India to make the career ahead.
Check yourself if you are suited to a financial planning career. Ask following question to yourself and if your answer is yes' to at least three of the question then getting into financial planning could be a smart career move for you.
1.Do you invest or enjoy following the financially news?
2.Are you self-motivated and ambitious?
3.Would you consider yourself detail orientated, and well organized?
4.Are you comfortable using a calculator to perform math functions?
5.Do you enjoy meeting and interacting with all kinds of people?
6.Are you a good listener?
Knowledge is king. The more you learn about Financial Planning the more valuable you will be in the market.