CFP Coaching classes|Institute|Center in Coimbatore Tamilnadu, India

CFP Coaching Classes, Center, Institute, Academy in Coimbatore

CFP Coaching Institute in Coimbatore - ARA EDUCATION

Ara Education is the No.1 CFP Coaching in Tamilnadu. ARA OVERSEAS EDUCATION has skilled and experienced faculty members in Coimbatore. ARA OVERSEAS EDUCATION in Coimbatore offers the best CFP Classes for both parts, each with six sections.

What is CFP?

CFP or Certified Financial Planner is a qualification granted by the Financial Planning Standards Board (FPSB) to persons who intend to take up financial planning as a career. Internationally recognized and regarded as the finest in financial planning education, training, and ethics in practice is the CFP. "Process of developing strategies to help people manage their financial affairs to meet life goals" is how the FPSB describes financial planning. It entails assessing the client's financial situation, creating a financial strategy specifically for them, and putting that plan into action for their advantage.

CFP coaching institute in coimbatore - Ara Education

Scope for CFP 2024

Both the finance industry and financial advising services offer a wealth of job prospects for a Certified Financial Planner. A financial planner can act as a consultant or on behalf of their organization to provide financial planning services to businesses and individuals. Professionals who meet the eligibility requirements and finish the 6-module CFP Certification Education Program are eligible to receive the CFP certification. The CFP Syllabus supports the professional growth of those with training in banking, investment planning, financial counseling, and related areas. Financial planning, risk analysis, insurance planning, taxation, and estate planning are among the primary subjects covered in CFP education.

CFP Exam Overview 2024

Particulars

Details

Course Name

CFP

Course full form

Certified Financial Planner

Eligibility

For Regular Pathway Eligibility the candidate must have passed class 12th and should have cleared the five exams covering all six modules. For Challenge Status Pathway Eligibility the candidate must have cleared CA/Intermediate level, CFP, ICWA, PhD among others.

Exam pattern

Multiple Choice Questions

Online Courses

CFP Certification course, Financial Planning certification course

Main Subjects

Financial Planning, Risk Analysis, Retirement Planning, Investment Planning, Tax Planning etc

Why to pursue CFP?

Students taking the CFP course learn how to build a strong foundation for ongoing financial planning. Additionally, it makes it possible for every client to regularly provide a pure financial planning solution. Besides, it helps readily to prove decisions, minimizing your danger of non-compliance. It will give clients more self-assurance and help them accomplish their goals in life. In the financial industry, a certified CFP student can perform wonders and make a good impact on appealing job profiles such as those of a Financial Controller, Management Trainee, Project Manager, and Accounting Officer. The starting pay for a CFP practitioner is INR 4 LPA.

CFP Exam Eligibility 2024

There are two ways to obtain the CFP certification: the Regular Pathway and the Challenge Status Pathway. The CFP eligibility requirements for both formats are listed below.

Normal Pathway Qualifications:

To be certified as a CFP by the FPSB, the candidate needs to have passed class 12 and passed all five tests covering the six modules of the certification program.

Note: The CFP certification programme includes five exams for six modules. There is no separate exam for the first module. Its weightage is added to the rest five modules (20% each). The six modules are listed below:

Name of Module

Details

Module 1

Introduction To Financial Planning

Module 2

Risk Analysis & Insurance Planning

Module 3

Retirement Planning & Employee Benefits

Module 4

Investment Planning

Module 5

Tax Planning & Estate Planning

Module 6

Advanced Financial Planning

Eligibility for Challenge Status Pathway:

Applicants may choose the Challenge Status Pathway if they have passed the UPSC Civil Service Examinations and have passed the CA/Intermediate level, CFP, ICWA, CAIIB, CS, LLB, PhD, MPhil, PG, Licentiate/Associate/ Fellowship of Life Insurance, Actuary, FFSI & FLMI from LOMA. In this approach, certification can be obtained solely by passing the fifth exam, which is called Advanced Financial Planning.

CFP Exam Pattern 2024

  • 170 questions with multiple choices
  • Two three-hour segments with two subsections each

In order to improve test security and offer a uniform experience for both in-person and remote candidates, the CFP exam consists of 170 multiple-choice questions that are presented in a computer-based format over the course of two 3-hour sections with midsection breaks.

There will be two separate subsections for every section of the exam, with the possibility to take an unplanned break in between.

Within each subsection, candidates are allowed to switch between questions. Nevertheless, applicants will not be able to view the previous subsections of the exam once the next one starts.

CFP Exam Dates 2024

CFP Exams will be conducted by Financial Planning Standards Board (FPSB USA) three times in a year: March | July | November.

Opens

Closes

Fees

Early Bird

October 18, 2023

January 16, 2024

$825

Standard

January 17, 2024

February 20, 2024

$925

Late Registration

February 21, 2024

February 27, 2024

$1025

CFP Syllabus 2024

8 PRINCIPAL KNOWLEDGE DOMAINS in CFP:

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. Psychology of Financial Planning (7%)

CFP Results 2024

Results of CFP Exam will be declared by CFP Board four to six weeks after the end of the CFP Exam Testing Windows.

FAQ

1.How many times can we write CFP Exams?

The CFP Board has set the following restrictions on how many times a person may take the CFP® exam:

Candidates may take the test no more than five times in their lifetime. (Those who took the test four or five times before January 1, 2012, are eligible for two further attempts.)

Within a 24-month period, individuals are permitted to take the exam a maximum of three times. An individual is required to sit out three exam administrations before registering for another attempt if they fail the exam three times in a 24-month period.

2.What is the cost of CFP?

INR 40,000 - 60,000

3.What is the salary of CFP?

The average salary of CFP is approximately INR 5,58,104 per year.

4.What is the eligibility of CFP?

For the CFP course, there isn’t any specific eligibility criterion. On the other hand, candidates must fulfill a few fundamental eligibility requirements. Here are a few prerequisites for eligibility:

To graduate from a recognized Board with a minimum cumulative GPA of 50%, students must finish their 10+2 in any stream.

Only a small number of institutions administer exams to shortlisted, qualified applicants at the time of registration.

The courses have no minimum or maximum age requirement.

5.Which is the best CFP Coaching Institute?

ARA Education is the best CFP Coaching institute that provides Online|Offline|Full-time|Part-time Coaching Provider with One-time fee payment till passing|Study Notes|Daily and Weekly basis Tests|Doubt Clarification Sessions|Revision Tests|Model Exams|Campus Job Placements etc... For further information, please call us @ +91 422 - 4355539 | 94 89 87 79 79

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