Valsad is a growing city with newly emerging career prospects in Personal Finance. Valsad is an industrial base for sectors such as chemicals, textiles, and paper & pulp industries. Since the 1980s, textiles and chemicals have been the major sectors of investments and employment in the district. Valsad is now also being recognized as a horticulture hub of the state, witnessing significant production of food grains and crops.
With such advancements in industrial expansion, the need for professionals in Finance has abruptly increased. Finance is one of the most-high-yielding careers. You can build your career in finance with just one professional course and start a practice of your own. Becoming a CFP- CFP-certified financial Planner opens the door to practicing in the personal finance domain.
Here is an article to help you understand Certified Financial Planner a little better! What is CFP?
There are very few colleges in Valsad that cater to the field of finance. You can start your traditional degrees with colleges like:
- Shah N. H. Commerce College (B.Com, M.Com)
- Lakshmi Vidyapeeth (MBA- Finance)
- Dolat Usha Institute of Applied Sciences and Dhiru Sarla Institute of Management & Commerce (BBA)
Getting a traditional degree definitely builds a strong theoretical base but it still lacks the functional and practical application of your knowledge. Enrolling in professional courses like CFP, helps individuals to gain hands-on experience.
When we talk about professional courses, they make you a master of a particular segment of a domain. When you pursue CFP® Certification, you become a master of Personal Finance.
After completing you’re BBA, BA, B.com,M.com one should look for a professional or a master’s degree and CFP is a Professional degree one can get in the field of personal finance.
What is Personal Finance?
The word “personal finance” itself suggests that it’s the management of money of an individual or a family. It includes financial planning, budgeting, saving, investing, etc. If you are planning to work in the finance domain you will be part of either of the following: banks, wealth management companies & insurance, and mutual fund agencies.
A professional Degree like CFP also allows you to build a wealth management company of your own where you manage your client’s money. You can start managing the money of your clients across different countries and help them make sound financial decisions. You can work with your client’s goals and cater to them personally.
You can offer various services in personal finance which involves investment planning, Tax Planning, Retirement Planning, Risk planning, Estate Planning, and Financial Planning.
Job Opportunities for CFP’s
Banks & Wealth Management companies are aggressively hiring CFP professionals across India and offering them CTC up to 30 lakhs. The more experience you gain; the more money you can expect.
CFP as a career option equips you with knowledge and helps you understand the intricate details of finances further aiding your financial decision.
There are many other professional courses in Finance like CA, ACCA, CFA, etc.
Doing a Certified Financial Planning Certification has the most benefits.
- It takes only 12 to 18 months approximately to clear the exams and get a CFP suffix.
- In One professional Course, you can get 4 certifications.
- It gives you global recognition and gives you a platform to practice in 27 countries.
- The job market for CFP is Huge. You don’t believe me? Check the official posting of the Board: india.fpsb.org/search-for-jobs/
There are many benefits and you can discuss it with a practising CFP today at House of Financial Planning. Click here to learn more about student life at House of Financial Planners.
Eligibility Criteria for CFP
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 4 exams that cover 6 different modules.
- If you are appearing for the FastTrack pathway, the eligibility criterion is different from that of the regular pathway. The eligibility requirement for this route is: Do check the eligibility criteria here.
Want to know how much CFP will cost you? https://houseoffinancialplanners.com/blogs/page/2/
