What topics are covered in CFP?
The topics covered on the CFP® exam include general financial planning principles, investment planning, retirement savings and income planning, risk management and insurance planning, tax planning, estate planning, professional conduct and regulation, and education planning.
What are the 7 CFP courses?
Seven Areas of Expertise You Will Gain With a CFP Designation
- Financial Planning: Process and Environment.
- Fundamentals of Insurance Planning.
- Income Taxation.
- Planning for Retirement Needs.
- Investments.
- Fundamentals of Estate Planning.
- Personal Financial Planning: Case Analysis.
What are the CFP modules?
A Blueprint for the CFP® Exam
- A. Professional Conduct and Regulation (8%)
- B. General Principles of Financial Planning (15%)
- C. Risk Management and Insurance Planning (11%)
- D. Investment Planning (17%)
- E. Tax Planning (14%)
- F. Retirement Savings and Income Planning (18%)
- G. Estate Planning (10%)
- H.
How many subjects are there in CFP?
CFP syllabus and topics
| CFP certification programme components | Details |
|---|---|
| 5. Risk Management and Insurance Planning | Insurance law and claims process |
| Product, company and adviser selection and due diligence | |
| 6. Retirement Planning | Retirement principles |
| Retirement objectives |
Is CFP a degree?
Certified Financial Planner or CFP is a professional certification course offered at a duration of 6 months to 2-years. It imparts the knowledge in the field of Financial Planning and it is offered by the Financial Planning Standards Board (FPSB)….CFP Syllabus.
| Module | Topics |
|---|---|
| Tax Planning & Estate Planning | Estate Planning |
How many hours study for CFP?
250 hours
CFP Board recommends you spend at least 250 hours studying for the exam. While that sounds overwhelming, the time goes pretty quickly between pre-study, the Candidate Handbook, required education courses, question bank time, review, practice exams, and your own preparations.
Is CFP worth in India?
With the deficiency in the demand and supply ratio in India CFP is worth in India. With the wide range of investment opportunities such as estate management, risk and insurance planning, retirement planning, wealth management, etc CFP is a great career future for financial professionals.
What is the salary of CFP in India?
The average salary for a Certified Financial Planner (CFP) is ₹4,15,700 per year (₹22,520 per month), which is ₹28,200 (+7%) higher than the national average salary in India. A Certified Financial Planner (CFP) can expect an average starting salary of ₹3,12,400. The highest salaries can exceed ₹12,00,000.
Can we do CFP after 12th?
Regular Pathway Eligibility: The candidate must have passed class 12th and should have cleared the five exam covering all six modules of the certification programme to be certified as a CFP by the FPSB.