Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced)
Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced)
The Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced) from NISM is a comprehensive certification program that provides advanced knowledge and practical skills related to financial planning, investment management, tax planning, estate planning, and retirement planning. It is designed for professionals looking to become Certified Financial Planners (CFPs) and to enhance their ability to advise clients on achieving their financial goals through sound financial strategies.
Why is Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced) important?
- Globally recognized certificate acknowledged by financial services industry in India and abroad
- Attests to your knowledge of financial planning concepts and tools.
- Validates your understanding of client-centric financial advisory services and long-term planning.
- Validates your knowledge in crucial areas like investments, taxation, estate planning, and retirement.
- Prepares you for a globally recognized CFP certification.
- Enhances your professional skills to offer holistic financial advice to individuals and families.
- Boosts your employability in wealth management, financial advisory, and investment industry.
Who should take the Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced) Exam?
- Certified Financial Planner (CFP)
- Wealth Manager
- Investment Advisor
- Financial Planner
- Retirement Planning Specialist
- Tax Consultant
- Estate Planning Advisor
- Personal Finance Consultant
Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced) Certification Course Outline
The Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced) Certification covers the following topics -
Module 1. Financial Planning Process, Practice Standards and Professional Responsibility
Module 2. Risk Analysis and Insurance Planning
Module 3. Retirement Planning and Employee Benefits
Module 4. Investment Planning
Module 5. Tax Planning and Estate Planning
Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) (Advanced) FAQs
What is the Financial Planning Standards Board India (Certified Financial Planner Certification)?
It is an advanced certification aimed at financial professionals who want to become Certified Financial Planners (CFP) and provide comprehensive financial planning services.
Who should take this certification?
Professionals in wealth management, financial planning, investment advisory, and those aspiring to become Certified Financial Planners.
What areas are covered in the certification modules?
The modules cover financial planning, investment management, tax planning, retirement planning, and estate planning.
Is this certification recognized internationally?
Yes, the CFP certification is recognized globally, making it a valuable credential for financial professionals.
What is the exam format?
The exam typically includes multiple-choice questions and case studies focusing on real-world financial planning scenarios.
How long does the certification process take?
It depends on the candidate’s preparation, but it generally takes a few months to complete the modules and pass the exams.
Is there any prerequisite for the certification?
A background in finance, investment, or related fields is beneficial, but the certification is open to all interested candidates.
What is the cost of the certification?
Fees vary depending on the number of modules taken and the provider, but it is generally in the range of INR 20,000 to 50,000.
What score is required to pass the exam?
Typically, candidates must score at least 60% to pass the certification exam.
How long is the certification valid?
The CFP certification is valid for a lifetime but requires continuing education to maintain the credential.