Author: Faijan Mansuri

CFP Course Fees in India: What You Need to Know

Posted on by Faijan Mansuri

CFP course in India popularly known as the CFP certification course is one of the prestigious and acclaimed certified courses and qualifications in the financial community. This course is run under the apex licensing body known as the Financial Planning Standards Board (FPSB). This course has an affiliation with more than 27 countries around the globe. If you pursue the CFP certification course in India, then you are eligible to practice in any of the countries which are affiliated with FPSB. The course is designed to allow students to build a promising career in the financial servicing industry. This course teaches about financial planning and how individuals can manage their finances to meet their life goals. Individuals are also taught about the financial status of the client and how they can create a financial plan and use their benefits.

Types of CFP Course in India

There are two ways to pursue CFP certification depending on the qualification and eligibility of the candidate. The two ways are

Regular pathway: This route is typically followed by students who are enrolled in the bachelor’s degree programs to apply for CFP. The route requires students to pass their 12th examination. Therefore, candidates who have passed the 1, 2, and 3, examinations are qualified to sit in the 4th examination which is related to advanced financial planning.

Pathway for challenge status: Students need to pass the advanced financial planning examination because this examination is considered the final exam to earn the CFP certification. A candidate must have relevant job experience before sitting for exam 4th (Integrated Financial Planning) to earn the degree of CFP course in India.

CFP Course Fees in India

For Regular Pathway   

  • Registration Fees with FPSB India: ₹18,000
  • Annual Subscription :- ₹11,500
  • Course Material Fees: ₹6,500 (for each of the three Specialist Courses)
  • Course Exam Fees:  ₹6,750 (for each of the three Specialist Courses)
  • Specialist Certification – IPS+RTPS+REPS : ₹10,500
  • Course material IFP :- ₹13,000
  • Financial Plan Assessment (Standalone): ₹10,500
  • CFP® Exam (Standalone): ₹13,000
  • CFP® Certification: ₹10,500
  • Annual Renewal Fee CFP® Certification/Specialist Certification : ₹10,500

For Challenge Status Pathway    

Document VerificationINR 5000  
Registration (subject to approval)+ Full course materialINR 18000 + INR 16000Bundled price INR 34000
Financial Plan AssessmentINR 10500 Per attempt
CFP® ExamINR 13000 Per attempt
CFP CertificationINR 10500  Initial and annual renewable fee
Renewal of Fast Track registrationINR 11500Prior to lapsation of 365 days from initial registration, and annual thereafter

Eligibility Requirements of the CFP Course in India

There are certain eligibility criteria to appear for this course. The criterion is:

  • The individual must be passed from 12th grade by a recognized board in India.
  • Candidates must clear all the 5 exams that cover 6 different modules.

If you are appearing for the challenge status pathway, the eligibility criterion is different from that of the regular pathway. The eligibility requirement for this route is:

  • Candidates who have advanced levels of qualification like CS, CA, LLB, MPhil, PG, Fellowship of Life Insurance, Actuary and UPSC exams are eligible for this course.
  • Applicants need to pass only 1 paper on Advanced Financial Planning if they take up this routine.

Get in Touch with House of Financial Planners

At House of Financial Planners, we make sure to provide expert guidance and mentorship to every candidate enrolled in the CFP course in India, along with detailed explanation of CFP India fees. We ensure to provide an interactive learning environment and classroom learning experience for every candidate enrolled with us. If you want to know more about the CFP India fees, contact us at House of Financial Planners. We are here to guide you with the best training and learning experience. For details about CFP course fees India, connect with our team.

How to become certified financial planner in India

Posted on by Faijan Mansuri

If you’re looking to enhance your career in financial planning, becoming a Certified Financial Planner (CFP) might be your golden ticket. Here’s a step-by-step guide on how to achieve this prestigious certification in India.

1. Understanding the CFP Certification

The Certified Financial Planner credential is internationally recognized and highly respected. It’s designed for those committed to competent and ethical financial planning practice. The certification process is rigorous, ensuring that only the most qualified professionals earn the title.

2. Meeting the Prerequisites

Before diving into the certification process, it’s essential to meet the prerequisites:

  • Educational Background: You should have completed at least higher secondary education (10+2). Having a bachelor’s degree in finance, accounting, or related fields can be advantageous.
  • Work Experience: Depending on your educational qualifications, you might need to accumulate relevant work experience. Typically, a bachelor’s degree holder needs 3 years of professional experience, while those with higher secondary education require 5 years.

3. Enrolling in the CFP Program

Enroll in a CFP certification program through one of the Authorized Education Providers listed on the FPSB India website. The program consists of comprehensive courses covering:

  • Investment Planning
  • Retirement and Tax Planning
  • Risk and Estate Planning
  • Integrated Financial Planning

4. Completing the Education Requirement

To fulfill the education requirement, you need to complete the specialist education courses. These are designed to provide in-depth knowledge and practical skills in financial planning.

5. Passing the CFP Exams

Once you’ve completed the educational courses, the next hurdle is the CFP exams. These are structured to test your knowledge and application of financial planning concepts. The exams are divided into different levels, culminating in the CFP Certification Examination.

6. Adhering to Ethics and Professional Standards

As a CFP professional, you’ll be required to adhere to a strict code of ethics. This ensures that you provide financial planning services in the best interest of your clients, maintaining the highest professional standards.

7. Continuing Professional Development (CPD)

To maintain your CFP certification, continuous professional development is essential. This includes participating in ongoing education and training to stay updated with the latest in financial planning.

8. Benefits of Becoming a CFP

Earning the Certified Financial Planner designation comes with numerous benefits:

  • Career Advancement: Many professionals see promotions, new job opportunities, or the chance to start their own practice.
  • Client Trust: Clients are more likely to trust and seek advice from CFP professionals.
  • Professional Satisfaction: Higher career satisfaction and increased income are common among CFPs.

Take Up the CFP Course with House of Financial Planners

House of Financial Planners is an FPSB-authorized education provider that offers online and in-class training to aspiring financial planners. Under the expert guidance and mentorship of experienced professionals, you can learn a lot about CFP. Our certified financial planner courses are designed to help you learn about financial planning in detail.

Choose House of Financial Planners to pursue a certified financial planner course in India.

Final Thoughts

Becoming a CFP in India is no walk in the park, but it’s a journey well worth the effort. With dedication and the right approach, you can join the ranks of esteemed financial planners and make a significant impact on your clients’ financial well-being. As the saying goes, “The early bird catches the worm”—so start your journey today!

For more detailed information, visit our CFP Course Website and explore their resources on certified financial planner courses and the certification process.