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CERTIFIED FINANCIAL PLANNERCM

Jumpstart your career with the world of opportunities

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CERTIFIED FINANCIAL PLANNERCM

Jumpstart your career with the world of opportunities

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CERTIFIED FINANCIAL PLANNERCM

Jumpstart your career with the world of opportunities

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CERTIFIED FINANCIAL PLANNERCM

CERTIFIED FINANCIAL PLANNERCM certification is a mark of excellence granted to individuals who meet the stringent standards of education, examination, experience and ethics. It is the most prestigious and internationally accepted Financial Planning qualification recognized and respected by the global financial community.

The CFPCM certification wins trust and presents opportunities worldwide. In this era of super specialization, the Professional Certification CERTIFIED FINANCIAL PLANNERCM certification gears career aspirants and existing financial intermediaries for giving comprehensive financial advisory services to individuals and make a satisfying career in the financial services industry.

CFPCM certification is the highest level of certification worldwide in the field of Financial Planning with over 1,71,000 CFPCM certificants and widely respected by consumers, professionals & industry. Our Certified financial planner course prepares you for this certificate program.

The CFPCM certification training is built in a way such as to impart knowledge of how to frame financial policies with regard to cash control, lending, and borrowing. It lets students understand the best possible utilization of scarce financial resources at least cost, in order to get maximum returns on investment.

  • Certified Financial Planner (CFP) is world’s topmost program in Personal Finance & Financial Planning. Its like the CA in the world of Personal Finance & Investment Management.
  • Certified Financial Planner (CFPCM) certification is an International Mark of Excellence granted to professionals specialized in Personal Finance.
  • Offered by Financial Planning Standards Board, USA , CFP certification is the only globally recognized symbol of excellence  & Gold Standard Certification for financial planning. 
  • Certified Financial Planner (CFP) is a Global Certification Valid in 27 Countries across the world.
  • CFP is a unique 4-in-1 Program which means that within 1 Program, you get 4 Global Specialist Certifications in the areas of Personal Finance.

CFP Program Fees

When you pursue CFP Program, there are 2 types of CFP Fees involved. They are :

1.    CFP Course Study Fees

2.    CFP Program Board Fees

CFP Course Study Fees

This is the CFP fee that you pay to CFP education provider (ICOFP) for teaching you the CFP Course content, providing your CFP course materials, giving your CFP Classes, preparing you for CFP exams & all the CFP Study support that you require. This is paid to International College of Financial Planning (ICOFP) and is paid in Indian Rupees (INR). You have the option to join the CFP Course Level wise and hence pay the CFP Study Fees level wise or alternatively you can join the complete CFP Course Study in one go and by do so you save more than 30% on your CFP Study Fees.

CFP Course Fee varies depending on whether you are opting for CFP Classes in Classroom mode, Online Live Classes or Pre-recorded E-Learning mode. CFP Course Fee for Class Room mode is INR 52,500/- only where as for Online Live Classes it is INR 42,500/- and for E-learning it is INR 32,500/- only.

Here is a CFP Course Level wise fees break-up as well.

fee

 

 

CFP Program Board Fees

These are the CFP fees which are paid to Financial Planning Standards Board (FPSB), USA directly. These CFP fees are for various things such as registration, online content, examination, certification etc. Since the CFP fees are payable to USA based FPSB board hence fees are paid in US Dollars ($) at the moment and are broadly for 5 things  :

FPSB Registration Fee -$195 (valid for 1 year)

When someone wants to do Certified Financial Planner (CFP), one has to register with FPSB USA initially. The CFP program registration fee is $195 and is a one time fee applicable to all the levels (1 to 4). So you wont need to pay the CFP registration fee separately but this is valid for a year only. 

Content Subscription Fee:-$70+$70+$70+$140-(Total $350)

FPSB has some online content for each level of the Certified Financial Planner (CFP) course which is mandatory for everyone to subscribe too. Though it’s an e-book which you can’t save, download, print or book mark but still you have to pay the content subscription fee to FPSB. This is paid for each level one by one separately as you move level by level in the program. For level 1 to 3 the content subscription fee is $70 for each level whereas for final level it is $140.

Examination Fee:- $72+$72+$72+$144- (Total $360)

FPSB conducts online proctored examination for each level. You have to register for exam one by one as you move along the CFP program. For level 1 to 3 the CFP Examination fee is $72 for each level whereas for final level it is $144.

Project Assessment Fee (Total $77)

In Level 4 of CFP Program, you have to complete a project which is assigned to you by FPSB. The CFP project is a one time activity during your program. You complete the project and the same has to be submitted to FPSB for assessment. When you signup for the CFP project, you have to pay a Project Assessment Fee of $77 to FPSB.

Certification Fee (Total $105+$120)

Certified Financial Planner (CFP) being a unique 4-in-1 program, you get 4 Global certifications from FPSB USA. Upon passing Level 1,2 & 3 you get Specialist Certification for which when you apply for certification you need to pay a Certification Fee of $105 (combined for all three specialist certifications). When you complete all 4 levels and claim your CFP Certificate / Charter Membership, then you need to pay a CFP Certification Fee of $120.

All the above FPSB Board Fees are payable in parts & on breaks as your move along the program. You don’t need to pay the full fee one time , rather you pay the fee level by level separately. Since all the fees are paid in USD ($), hence you must get international payments enabled on your Card in advance to be able to make the fee payments.

CFP Classes

CFP Classroom Course 

At ICoFP, we believe in providing knowledge based as well as skill based training. Apart from preparing the candidates for CFP examinations through CFP classroom teaching, mock tests etc., we also provide CFP practical training which includes Financial Products training, Financial planning through mutual funds, financial plan construction through excel and more.

On completion, the candidate is not only prepared or CFP examinations but also ready to work in the industry or start his own financial planning practice to provide holistic financial planning services.

CFP Classes in classroom mode are available at Delhi & Mumbai and the CFP classes are conducted on weekends at our campuses in Delhi & Mumbai. 

Note: CFP Offline Classes Starting at ICOFP, Okhla Campus.

Address:  ICOFP, A- 134, Phase 2, Okhla, New Delhi- 110020

 

CFP Online Live Course 

Wherever you are in India, if you want to study for CFP Course, you can study with India’s best CFP institute with Realtime Online teaching by the most trusted and expert CFP faculties. You can join live online CFP classes and study in CFP Classes conveniently from the safety of your home. Post Covid, considering the travel restrictions and social distancing, Virtual Live Classes for CFP is the best option.

Virtual Online Live CFP Classes at ICOFP are highly interactive and are delivered by the same faculty who teach in the class room as well. All Online CFP class sessions are recorded and the recording is shared with you so that you can revise the lessons as many times as you wish.

CFP Pre-Recorded E-learning Course 

Goal of the CFP E-Learning platform is to provide the best user experience, anywhere, anytime, and any device. With the latest technology of Learning Management System (LMS), CFP E-Learning platform aims at delivering updated and engaging content in the most interactive way. Our new and updated portal will give you the best CFP learning experience that can be self-paced and allows a learner to track his/her progress throughout. You get the pre recorded CFP Classes videos of experts and the videos are available with you to watch as many times as you can. The CFP classes videos supported by the study materials comprise of the CFP E-learning. Ideally it is recommended to those who have some existing background of financial certifications such as CA, CFA, CWA etc.

CFP Career Opportunities

Certified Financial Planner CFPCM certificant gets enhanced career and employment opportunities with Financial Services companies. It is endorsed by top Financial Service Companies in India. Charter Members of FPSB US have resolved that they will give first preference to CFPCM certificant for recruitment. Certified Financial Planner Certification is one of the most sought after certifications by BFSI companies in the country.

As a Certified Financial Planner (CFP), you become one of the most sought-after personal finance professionals. CFP career options are multiple and whether you want to work in a corporate job in the financial sector or you want to practice as an independent advisor or you want to set up your own financial firm, CFP Certification makes you ready for all these CFP career goals you may have.

FINANCIAL PRODUCTS OR SERVICES THAT CLIENTS LOOK FOR AN EXPERT

IF NOT A CFP , THEN WHO ALL DO THEY NEED TO RUN FOR EXPERT ADVISE

 

 

Equity , Derivatives , Currency, Commodities

Brokers , Research Analysts

Mutual Funds

MFD , MF Agents

Insurance

Insurance Agents, Brokers

IPOs, Bonds, FDRs, Alternate Investment

Agents , Brokers, Advisors

Portfolio Management, Wealth Management

PMS, Wealth Advisors

Personal Taxation, Tax Planning

CAs , TRPs, Tax Consultants

Financial Planning, Investment Planning

 

Legacy Planning

Lawyers

Investment Laws

Lawyers & Cas

Basics of GST, Startup Valuations, Family Business

CAs

Now when you are a Certified Financial Planner (CFP), you become one point service for all your client needs on all the above areas. During the CFP Program, you develop the knowledge and skills to cater to clients across all of personal finance and wealth management and that’s why you ultimately become a Credible Financial Expert for clients. World’s Top Most Certification in personal finance, 4 International Certifications, your expertise and most importantly ethics of the business of the financial business that you learn makes you the most trusted financial expert a client can look for and open up plethora of CFP career opportunities for you.

Thereafter, whether you are working in a Bank or Wealth Management Company or MF or Insurance or anywhere else in BFSI or you are doing your own financial advisory business, you client’s bank upon you for all of their personal finance planning & needs. Your client base increases, client trust goes up, client satisfaction is very high, you offer multiple services at one point, your revenues multiply……

Why do CFP Certification?

There are many reasons for people to be a Certified Financial Planner (CFP) …… what’s yours?

Here are some of the most prominent sides of CFP careers:

  • Starting a career a BFSI Domain
  • Already in BFSI but pacing up career growth
  • Building knowledge and skill set of wealth management & personal finance
  • Multiplying your CV value by 4 Global Certifications from FPSB USA
  • Getting ready to set up your own independent practice as a financial planner
  • Starting up or growing your Investment Advisory, IPA, Mutual Funds , Insurance Business
  • Giving a professional facelift to your Financial Advisory Business
  • Adding on to your Credibility by becoming a certified professional - Certified Financial Planner (CFP)
  • Planning to work in BFSI in countries like USA, Canada, UK, Australia, Singapore etc

India needs more than 1 lac qualified CFPs by 2023. Are you ready to be one ?  

The Value of CFP

Certified Financial Planner (CFP) Course certification benefits consumers, practitioners and financial services firms in a variety of ways. Here is a quick summary of an extensive survey done to find out how CFP Course Certifications changes the perspective.

Value for those doing CFP Certification:

  • Among those seeking to advance their careers, 37% earned a promotion, got a new job or started their own practice after doing CFP.
  • 57% reported growing their client base in the 12 months following their CFP certification.
  • 72% reported increased satisfaction with their careers both in the corporate experience and independent practice as a CFP Certified professional.
  • 63%  Independent Practitioners saw their income grow in the 12 months following their CFP certification.
  • 87% Independent CFP Practitioners expected to be able to keep clients longer, more satisfied & gain more trust.

Value for the Clients dealing with a CFP Professional:

  • 97% Clients prefer to deal with someone who is a qualified Certified Financial Planner (CFP), rather than someone who is a non-qualified professional.
  • Client Satisfaction Index of working with a CFP as against a normal financial advisor was 84% higher.
  • Clients felt more strongly confident about their financial situation & believed that with a financial plan they were nearly three times more strongly confident about achieving their life goals while taking advise from a Certified Financial Planner (CFP)  Professional.

Value for the companies hiring CFP Qualified Professionals:

  • 59% of companies reported that employing CFP professionals led to fewer client complaints.
  • 69% of companies reported that employing CFP professionals lowered corporate risk and at the same time a higher rate of growth of assets under management.
  • 76% of companies found that employing CFP professionals led to increased client retention.
  • 79% of firms plan to grow the number of CFP professionals & recruit more CFPs.

CFP Eligibility

Certified Financial Planner (CFP) eligibility is very minimal because  is an open education program which means that one can register and study for the program anywhere. Certified Financial Planner (CFP) is a membership based program, similar to CA, CA, CWA, CFA etc, which means that upon passing of CFP Exams, you become a member of the FPSB board.

Minimum Eligibility to Join CFP Program :

  • HSC/ 12th Passed – No restrictions on passing %age
  • From any stream – Science, Arts, Commerce
  • Individuals with at least 18+ years of age

Anyone meeting the above criteria can join the CFP program and start CFP Course studies.

Minimum Eligibility Required to Certify :

  • Graduate / 10+2+3 Passed – No restrictions on passing %age
  • From any stream – Science, Arts, Commerce
  • 3 Yrs of working experience from financial industry ,or, 1 yr of Supervised experience under a practicing CFP

After passing all exams and then at the time of claiming CFP Membership / CFP Certificate Charter, one must meet the above criteria

CFP Program Structure

The CFPCM certification program in India is a 4 level program where you study for each level 1 by one and take exams to qualify them. The first 3 levels are Specialist levels and the completing the level leads you to get CFP Certification. The CFP Course structure is as below

  • Level 1 : FPSB® Investment Planning Specialist, also abbreviated as IPS
  • Level 2 : FPSB® Retirement and Tax Planning Specialist, also abbreviated as RTPS
  • Level 3 : FPSB® Risk and Estate Planning Specialist, also abbreviated as REPS
  • Level 4 : FPSB® Integrated Financial Planning Course, also abbreviated as IFP or called Capstone Course

Upon completion and passing the exams at each of the CFP levels 1,2 & 3, you get a Specialist Certification from FPSB USA. Once you have successfully completed  CFP Levels 1,2 &3, you move on to the Final Level , passing which you get awarded with CFP Certification.

Besides the above 4 levels, you have to undergo an Online Course on FPSB Professional Ethics. To obtain an FPSB Ltd. certification, candidates need to complete FPSB Ltd.’s ethics course, and agree to abide by the FPSB Ltd. Code of Ethics and Professional Responsibility, which sets forth requirements for ethical and professional behavior. Candidates for CFP certification need only to complete this ethics requirement one time during their pathway to CFPCM certification.

Examinations are conducted online and you can appear at the exam from anywhere. The exams are done on a highly secure browser/application and are live proctored to ensure the integrity of the exams.

Getting CFP Certification / CFP Membership

You are awarded CFP Certification & Badge by FPSB USA, upon:

  • Completing all education courses and successfully passing certification exams to obtain your FPSB® Investment Planning Specialist, FPSB® Retirement and Tax Planning Specialist, FPSB® Risk and Estate Planning Specialist certifications
  • Meeting FPSB ethics requirement , doing ethics course and attestation
  • Completing the FPSB® Integrated Financial Planning Course and financial plan assessment
  • Successfully passing the CFP® final level exam
  • Meeting FPSB Ltd.’s experience requirement
  • Paying an annual CFP certification fee

CFP Program is primarily based on 4 fundamental pointers, which are inbuilt into each level of the CFP program, thereby these 4 points become the core qualifying criteria for the whole of CFP Program.

EDUCATION –         EXAMS –         ETHICS –      EXPERIENCE.

Pathways to CFP Certification

There are 2 Routes available to study for CFP course in India.

1 – Instructor Led FPSB Board has authorised Education Partners in India who offer CFP Study programs based on the curriculum provided by FPSB. Student can enrol with an Education Provider. ICOFP is India’s 1st and Largest CFP Education Provider authorised by FPSB USA. When you enrol at ICOFP, you get the comprehensive CFP study materials designed exclusively by ICOFP. The CFP Course study materials comprise of books, workbooks, videos, live classes, case studies, projects, guest lectures, assignments and much more. Once your CFP Course study is over and you are ready to take the exam, ICOFP certifies you for the same and you don’t need to take the chapter quizzes and mock tests. Straight away, you become eligible to take the Level wise certification exam. The exams are conducted by FPSB USA Board in an online manner.

2 – Self Study A student can register with FPSB directly and opt to a self study for Certified Financial Planner (CFP)  Course. Under this route, student has to register with FPSB and then subscribe to their online learning management system upon which he gets CFP study contents in the form of e-books. Using them the student has to prepare for the CFP exams. Before the CFP exams, student has to take the chapter quizzes and mock tests and pass them with 70% marks to be eligible for taking the Level wise certification exam.

CFP Curriculum

CFP Curriculum in India has changed wef 1st June 2020.

New CFP Curriculum in India is a unique 4-in-1 certification program, which means that in one single program, you get awarded with 4 international Certifications.

New CFP Curriculum is segmented into 4 levels. Upon completion of each level, FPSB awards an International certification for that level.

CFP Level 1 – FPSB® INVESTMENT SPECIALIST

International Certification for Investment Professionals specializing in Equity, Mutual Funds , Debt & Other Investments. This is first level of CFP Certification.

CFP Level 1 Course Curriculum has 3 Modules  & further each of the Modules above are divided into 2 sub modules – Global and Indian. So thereby you study the global concepts as well as in depth of Indian market specific.

CFP Curriculum – CFP Level 1 :

Module 1 : Personal Financial Management :- The Personal Financial Management module provides an overview of how to evaluate and collect client information. Students will learn how to evaluate investment strategy options and develop financial management strategies based on a client’s unique situation. Students will learn how to develop an implementation plan that will provide the client an opportunity to meet his or her financial management goals and objectives.

CFP Curriculum – CFP Level 1: -

Module 2 : Investment Planning & Asset:- Management The Investment Planning and Asset Management module provides an overview of global and local economic institutions and other factors, such as the stock exchange, asset classes and securities, that impact investment planning as well as principles of investment risk. Students will learn various methods of computing expected returns from stocks, bonds and integrated portfolios, including investment risk and valuation ratios Through this module, students will become familiar with the concepts of buying and selling securities, pooled investment products and behavioral finance, and learn how to interview clients to develop a personal risk profile. 

CFP Curriculum – CFP Level 1 :-

Module 3 : Regulatory Environment & Legal Compliances:- The Regulatory Environment module provides an overview of key foundational legislation and regulations. Through this module students will become familiar with various regulatory bodies and varying economic, social and political environments. Other fundamental topics covered in the module include anti-money laundering and behavioral finance.

CFP Level 2 – FPSB® RETIREMENT & TAX SPECIALIST

International Certification for Retirement Planning, Wealth Building, Income Tax, Tax Filing, Tax Saving & Tax Planning. This is second level of CFP Certification.

It has 2 Modules  & further each of the Modules above are divided into 2 sub modules – Global and Indian. So thereby you study the global concepts as well as in depth of Indian market specific.

CFP Curriculum – CFP Level 2 :-

Module 1 : Retirement Planning:-  Through this module you will learn about key retirement principles and how to identify their client’s retirement objectives and needs. You will be prepared to develop strategies and use techniques for wealth accumulation and withdrawal during retirement years; taking into consideration asset locations and the client’s personal financial goals, risk tolerance, risk capacity, and structure and impact of public and private retirement plans on the client’s financial plan.

CFP Curriculum – CFP Level 2 :-

Module 2 : Tax Planning:- In this module, you will learn about taxes and the various tax strategies they can apply with their clients. This course covers tax planning and optimization at the global and local level. You will learn about tax saving, impact of taxes on various investments and financial transactions, how to manage taxes efficiently by tax planning.

CFP Level 3 - FPSB® RISK & LEGACY SPECIALIST

International Certification for Risk Planning, Life Insurance, General Insurance, Legacy &  Estate Planning. This is third level of CFP Certification.

It has 2 Modules  & further each of the Modules above are divided into 2 sub modules – Global and Indian. So thereby you study the global concepts as well as in depth of Indian market specific.

CFP Curriculum – CFP Level 3 :-

Module 1 : Risk Management:-  The material in this course covers risk management and insurance. Upon completion of this course, you should have a good understanding of risk management need areas and ways to address them. you should be able to evaluate existing insurance coverage and how it addresses the client’s risk management needs. Finally, you should be able to develop various strategies to protect the client’s financial wellbeing through appropriate risk management.

CFP Curriculum – CFP Level 3 :-

Module 2 : Estate Planning:- In this module, you will learn about Estate planning and at how an individual wants to address the end of his or her life. Postmortem (i.e., after death) estate (property/wealth) distribution is a significant planning focus, but even that is not the sole estate planning target. Further, even though estate planning may prepare for the end of life, a lot of the planning and plan execution happens much earlier. More than the legalities of preparing a will, this module will also delve into the emotional intelligence piece and sensitivities around this topic. 

CFP Level 4 - CFM CM - CERTIFIED FINANCIAL PLANNER

International Certification for Financial Advisors, Financial Planners, IFAs, Investment Advisors & Finance Professionals. This is final level of CFP Certification.

It has 3 Modules  & further each of the Modules above are divided into 2 sub modules – Global and Indian. So thereby you study the global concepts as well as in depth of Indian market specific.

CFP Curriculum – CFP Level 4 :-

Module 1: Financial Planning Process, Principles and Practice:-

This course will teach candidates the Financial Planning Process, Practice Standards, Professional Skills, Client Characteristics, Client Engagement and Communication components of financial planning

  • Establish and define the relationship with the client
  • Collect the client's information
  • Analyze and assess the client's financial status
  • Develop the financial planning recommendations and present them to the client
  • Implement the client's financial planning recommendations
  • Review the client's situation

CFP Curriculum – CFP Level 4 :-

Module 2: Engaging Clients in the Financial Planning Process:-

This course is about the human qualities of the financial planning process that sometimes create the unknown difficulties contained within financial planning. The course helps you understand the relationship between the financial planner and the client as it comes to life. You learn lot more about the behavioral aspects of managing your clients and how to engage them in the whole process. candidates with an understanding of how a financial planner would apply the financial planning process within the context of a client engagement to develop and deliver a viable financial plan. Candidates will get an appreciation for the value of professional standards of practice; recognize and be able to apply professional skills to facilitate better communication; and come to understanding client characteristics.

CFP Curriculum – CFP Level 4 :-

Module 3: Developing Effective Financial Plans:-

This course provides combines the above 2 and then leading you to learn the most important part of how to actually create a financial plan. You get the framework and samples and learn various ways of making elaborate financial plans. The course tells you what are the most critical factors when you develop financial plans for your clients and how do you make financial plans which are effective and rewarding for your clients.

CFP Curriculum – CFP Level 4 :-

Capstone Project : Financial Plan Assessment:-

Project Once you are done with the study of the modules above, you are made to do a live project which is assigned by FPSB. The project is making an actual financial plan for a client scenario given to you. You do the project under the guidance of mentors and this is where you actually learn to finally convert all your learning of the whole course and bring it on a single platter. Once your project is done, you submit the same to FPSB for assessment and it is finally evaluated by a team of practicing financial planners who have been appointed by FPSB. Only when your project is approved by FPSB, you are eligible to take the final exams.

CFP Curriculum – CFP Level 4 :-

Case Study : Practicing Real Life Case Studies for Exam:-

The exam of Final level – Integrated Financial Planning contains case study based questions and hence as a part of the course you need to learn, analyse, prepare & practice various case studies. The case studies are real life financial plans given to you in the exam and questions are based on the same.

The three modules, project & case studies  that make up the FPSB® Integrated Financial Planning course will ultimately prepare you to:

  • Learn how to identify and apply the appropriate skills, knowledge and abilities needed to develop viable, written financial plans for clients
  • Apply you understanding of investments, tax, risk, all other modules ,financial planning theory for financial planning to real world client situations 
  • Emphasize analysis of quantitative and qualitative data, critical thinking regarding clients' circumstances, and the analysis, synthesis & presentation of information and subsequent recommendations to a client.

CFP Course Study at ICOFP

Certified Financial Planner (CFP) Course is a very comprehensive program and the CFP Course content comprises of lot of global as well as Indian market specific elements. The objective of the CFP program is to make you an expert in Personal Finance, Wealth Management & Financial Planning. As you have seen above, the Certified Financial Planner program contains lot of numerical, analytical approach and also has a comprehensive project to do. Besides all this there are real life case studies which are one of the factors for the exam at final level , hence from both knowledge building perspective & from exam preparation perspective it is needed that you study for CFP program with the experts.

CFP Course study is available online and hence you don’t have the constraint of time and place. While Teaching the whole CFP program roughly takes around 200-250 hours , it needs approximately 150 hour of revision & practice at your end.  200-250 hours go in the classes while 150 is what you invest yourself. So that means on an average 30 mins a day of self study along with the classes offered by experts would be good enough for you to develop right knowledge, skills, acumen, practical exposure & being exam ready.

Why Studying for CFP Course at ICOFP is the best option

International College of Financial Planning (ICOFP) is India’s 1st and the largest CFP education partner of FPSB USA. As a matter of fact, CFP Program was brought to India by ICOFP & its group company Bajaj Capital, way back in year 2002. ICFOP is also India’s most awarded super specialised finance college with a speciality in CFP & CFA education.

You can choose from 3 CFP Learning Mediums available at ICOFP :

 

Classroom Learning

Virtual Classes

E-Learning

At Delhi, Mumbai & Mysore campuses of ICOFP, it offers live classes at the campus by the CFP faculties.

Live instructor led classes are available for students across India, USA, Canada, Australia and Middle east.

Pre recorded video classes are available for professionals who have a time constraint and hence can’t attend Virtual classes.

The classes are conducted on weekends only.

You have the option of both weekday and weekend classes.

It is a self paced – do it yourself mode of learning.

It being a physical mode, no recording of the classes is available.

All classes are recorded and given to you for revision as many times you wish.

You get all the study materials along with the pre-recorded video lessons.

Fee : INR 52,500/-

Fee : INR 42,500/-

Fee : INR 32,500/-

CFP Course Study fees as above are payable in Indian Rupees and can be paid Online using IMPS, NEFT, Card thru our payment gateways.

ICOFP also has exclusive student loan arrangements with NBFCs to facilitate easy payment for ICOFP CFP  Course fees. The student loans are offered to you at 0% (Zero Interest) and only certain processing fee is charged to you by the NBFC. You can join CFP Study at ICOFP by just paying 10% of the fee for the medium that you choose and the balance fee can be financed in 6 easy EMIs using student loan offering of ICFOP for CFP Study.

Here is why 80% of CFP aspirants join ICOFP for studying for CFP Program.

ICOFP offers India’s most comprehensive study materials for CFP

While all other CFP education providers push you to study from e-books of FPSB, it is simply because no other education providers have been able to prepare their own learning content for the program. 

CFP Study Materials at ICOFP Comprises of :

CFP Course Concept Books : Beautifully printed and chapter wise -topic wise well organised content , which is 100% in sync with Certified Financial Planner (CFP) Program Syllabus

CFP Course Work Books : Module wise chapter wise work books with 500-800 questions on an average to make you do the best of practice for exams and CFP exam practice

CFP Course Recorded Videos : All the classes that you do at ICOFP get recorded and you get to see and revise the concepts taught by experts as many times you wish

CFP Course Assignments : During your CFP study at ICOFP you get class assignments to do in every other class and get guided by faculty thru CFP Classes CFP Course Group Projects : If FPSB mandates for Capstone Project at Final Level, ICFOP makes you far more prepared by letting you do many smaller projects much before in your CFP classes

CFP Online Mock Tests : Take a feel of FPSB Exams by taking Online mock tests designed by ICOFP, 75 questions 2 hr mock test same as FPSB exams after your CFP Classes

CFP Exam Doubt Clearing Sessions : Before each exam get one on one mentoring and last minute quick brush up of key concepts by the coaches and get ready for exams, in addition to CFP Classes

CFP Case Studies : Do multiple caselets and as many as 5 comprehensive case studies as compared to FPSB’s 1 case, thereby making you far more prepared CFP Guest Lectures : Besides being taught by India’s best CFP faculty, get valuable insights from some eminent speakers and finance coaches, many of them being ICOFP Alumni coming live in your CFP classes

ICOFP is India’s 1st & Largest CFP Education Provider ICOFP is a part of Bajaj Capital Group, one of India’s most respected names in wealth management industry for 58 years. Hence ICOFP has an unmatchable lineage which no one can compare at all.

Certified Financial Planner (CFP)  Program was brough to India by ICOFP and its parent group company Bajaj Capital. The promoters Mr Sanjiv Bajaj & Mr Rajiv Bajaj have been the guiding force bringing a huge industry connect and years of expertise to our advantage.

Since its inception in year 2002, ICOFP has been No 1 in CFP education across India. We command close to 80% market share in CFP education which means that 8 out of every 10 CFP aspirants join ICOFP for CFP education.

ICOFP has India’s most experienced and qualified CFP faculties  You get taught by the CFP Faculties with amazing background including CFPs, CFAs, CAs, Ph.Ds, IIMs and all of them bringing decades of academic and corporate experience to your benefit

Many of the CFP faculties here at ICOFP are Practicing CFPs themselves and hence the entire delivery of the program has a very practical approach and also supports 1 yr mentorship if needed

Certified Financial Planner (CFP) Course Academics at ICOFP is headed by Ms Madhu Sinha who is a Former FPSB India Director, besides being a CFP, CWM, an ex UTI and Sr Finance Faculty for 20 years with 3 books on financial planning to her credit.

Highest Number of CFP Certificants & Passing %age  ICFOP has been the alma mater for some of the most notable names of wealth management industry who have done CFP. The topmost financial professionals such as – Suresh Sadagopan, Bhuvanaa Sreeram, Dilshad Billimoria, Lovaii Navlakhi, Shilpi Johri, Monika Halan and the list goes on….. All of them have studied at ICOFP for their CFP program.

ICOFP commands the highest passing percentage of all exams and to our pride we have even a Record of reaching 100% Passing percentage in some of the exams. This speaks of the quality of content that ICOFP offers and the expertise of the CFP faculties , and above all the hard work out students do.

A Consistent Track Record for 19 yrs since 2002 is what makes ICOFP far ahead of anyone else. Other education partners of CFP coaches who may be there today, as some point of time they have all been ICOFP students only and have no match to the credible history made by ICOFP.

CFP Admissions Procedure

Steps to become a CFP (Certified Financial Planner) by studying at ICOFP

At ICoFP we emphasize on providing world-class Certified Financial Planner (CFP)  education that will inspire and challenge all students and prepare them for the future.

Our Curriculum & CFP Study Materials have been developed in association with Financial Planning Standards Board (FPSB USA), Financial Planning Association (FPA) Australia and National Insurance Academy (NIA) as well as academicians from leading institutes such as IIM, FMS etc.

For a candidate to be a CFPCM certificant, he/she needs to take the following steps during CFP Study`:

Step 1 – ELECT: A candidate must choose the mode of CFP Course that he wants to attend:

  • CFP Study in Classroom Mode (Weekday/Weekend options available)
  • CFP Study thru Virtual Live Instructor Led Classes
  • CFP Study thru Pre-Recorded E-learning Videos

Step 2 – Enroll with ICoFP for CFP Course

Step 3 – Register with FPSB , Parallel to your CFP Study

Step 4 – Subscribe to Level 1-2-3-4 one by one and take exams one by one, Continue your CFP Study

Step 5 – Crack the CFP exams, surge ahead & become a CFPCM certificant

CFP Admissions at ICOFP are completely online. You can choose a CFP Course of your choice and enroll for CFP Program Online.

CFP Examinations

Examinations for all the levels of Certified Financial Planner (CFP)  Program are conducted online by Financial Planning Standards Board (FPSB USA). For all the CFP exams, Financial Planning Standards Board (FPSB USA) is the only examining & certifying body.

The exams are conducted online in a live proctored manner in a very high tech online exam environment. When you start studying CFP Program, you need to take the 4 exams one by one as you move along. Appearing at CFP exam is flexible and you can decide when to appear in an exam depending on your CFP Preparation and availability.

For CFP Level 1 to 3 , the CFP Examination pattern is as follows :

  • 75 Questions – 75 Marks – All MCQs Exam
  • 75 multiple-choice questions (4 possible answer choices)
  • No Negative marking in any CFP Exam
  • Online, live proctored exam 
  • 2 hr exam, no breaks permitted
  • CFP Exams are conducted once every month in third or fourth week 
  • There are multiple exam slots and you can opt for a slot convenient to you 
  • Financial calculators permitted (excel sheet on open office inbuilt in the exam application itself) 

The passing score of the CFP level 1 to 3 Specialist exams is not predeclared but is arrived by doing an average and psychometric analysis. It is set to a level that is what is required for competent practice. Though no where it is formally declared but , generally with our experience we have seen that close to 60% score (which means 45 out of 75) looks to be a good score to be most likely to pass easily.

For CFP Level 4, the CFP Examination pattern is as follows :

  • Financial Planning Project to be done and submitted first
  • Only after CFP Project is approved by FPSB one can book the exam.
  • Online, live proctored exam
  • 50 multiple-choice questions- 100 Marks (4 possible answer choices)
  • 25 Questions of 1 Marks each from the concept books
  • 25 Questions of 3 Marks each based on a Case Study
  • No Negative marking
  • 3 hr exam, no breaks permitted
  • CFP Exams are conducted as per a pre defined calendar
  • There are multiple exam slots and you can opt for a slot convenient to you
  • Financial calculators permitted (excel sheet or open office inbuilt into the exam platform also can be used) 

The passing point on the Certified Financial Planner (CFP) Final exam is not predeclared but is arrived by doing an average and psychometric analysis. It is set to a level that is what is required for competent practice. Since no where it is formally declared but , and with our experience we expect 55 to 60% as the suggestive scores to pass.

CFP 4-in-1 Program Certificates

When you complete your CFP Course & pass the exams, you get 3 specialist certifications from Financial Planning Standards Board ( FPSB USA) and finally Certified Financial Planner Certificate from Financial Planning Standards Board ( FPSB USA). Here is a sample of how the CFP Certificates look like :

CFP Level 1 : Investment Specialist Certificate CFP Level 2 : Retirement & Tax Specialist Certificate
CFP Level 3 : Risk & Estate Specialist Certificate CFP Level 4 : Certified Financial Planner Certificate

CFPCM FAQs

Ans:

ICOFP being the leader in CFP education, you get all your questions answered when you come to ICOFP and if you read above how studying for CFP at ICOFP is the best, you will know what you have to do.


Call us at 91-9711437779 or visit www.icofp.org

Ans:

Your first step would be joining CFP Study at ICOFP. You will be guided as how to move ahead. After 45 days of joining ICOFP, you would be recommended and guided to register at FPSB and then proceed with next steps.

Ans:

Virtual Instructor led classes at ICOFP is the best mode to study. One it has all the CFP study materials available to you. Secondly, the CFP classes recordings also make revisions easier and enriching for you. Thirdly, you can do it conveniently from wherever you are and learn from the most well known CFP Coaches. Studying in virtual mode allows you to have a live lecture which is exactly the same as a physical classroom.

Ans:

When you join CFP Study at ICOFP, you get the CFP Books & CFP workbooks delivered at your place by courier. Not only that you also get the access of the CFP Books & CFP workbooks on your mobile using a QR code. All other CFP study materials such as Assignments, Projects etc ae delivered to you as the program moves on. Further, 2 Mock Tests for each CFP level exam are available online at ICOFP Learning Management System (LMS) and is mapped to you during your study. When you book an exam, our Program Managers automatically out you for a live interactive doubt clearing session with the faculty before your exam.

Ans:

Yes, Financial Planning Standards Board (FPSB) has made in mandatory for all to subscribe to e-books of FPSB. Pls keep note of the fact that FPSB E-books can not be copied, saved, downloaded or book marked. However if you study at ICOFP, you will get printed books and workbooks which would be far more comprehensive and being printed books will be more convenient to study as well.

Ans:

If you join a weekend study batch at ICOFP, then your entire CFP Course gets covered in 11-12 months whereas if you join a weekday batch, the entire CFP course gets taught is less than 6 months. There are 4 exams to be taken and you can take first 3 exams in any order and time. The final/ level 4 exam can be taken only when you complete 1-2-3 successfully.
Ideally we recommend you to have a plan for 8-10 months so that you complete the whole program at appropriate pace.

Ans:

In the new CFP program in India, which means after 31 May 2020, CFP Challenge Status and Self Study are no longer options. CFP Challenge status was there in Old CFP program but now it has been completely removed. There is a Recognition of Prior Learning but that doesn't allow you any exam or fee waiver and hence becomes insignificant. However, you may look at FPSB website and review 'Recognition of Prior Learning' and 'Self-paced learning' respectively as those concepts are similar.

Ans:

FPSB has CFP Exam Calendar which is shared with you by ICOFP. First 7 days in a month is the usual registration period for paying exam fee to block your date (from among three consecutive days beginning from third Friday of any month). You register for exam online and it is done level by level for each level. Pls note that you can book an exam only after minimum 30 days of subscribing to the Learning Content of FPSB for that particular level.
Presently, the tests are conducted using online-proctored system, whereby you can take the test at your own device (webcam-enabled Desktop or laptop) from anywhere.

Ans:

No, all individuals who wish to pursue CFP certification must also pass all the three CFP Level exams first, .e. exams for Level 1 : FPSB Investment Planning Specialist, Level 2 : FPSB Retirement and Tax Planning Specialist & Level 3 FPSB Risk and Estate Planning Specialist, and ethics courses and then finally take the CFP Final Exam for certification.

Ans:

FPSB opens usually a 3-4 day test window for each month (more specifically as per

Exam Calendar published in advance). Students may sign up to take the exam only after they have completed the education and also have completed minm 30 days of subscription to FPSB Learning content of that level. Depending on what level exam you are taking you can book the exam for the date specified.

Ans:

CFP Exams are conducted by FPSB USA Board on a highly secured browser / server. The examination link comes to you in advance with instructions on how to take the exam. Please note that you need a windows system and a good speed internet connection to take the exam. Your system must have a web camera. The exam is live proctored which means that someone across the camera watches you live during the exam. You need to sit at a separated locked in space for exam with no disturbances around. You can keep some blank white papers for rough work, a financial calculator, pen, pencil, your ID card, water bottle etc. There are no breaks permitted during the exam.

Ans:

Knowing that CFP Exam browser and server may have technical complications, ICOFP facilitates the same for you. We do organize a tech support session 2-3 days prior to CFP exam where our tech team explains you live as how to set up your system and even does a test to ensure that your system is ready. Moreover if you need a personalized support, even that is available , provided you have installed team viewer or zoom or any other remote sharing application in your laptop so that you can give your laptop on remote to our tech team. The CFP exams can be given only on a windows system and not on any Apple/ MacOS system. Also you will need to remove or disable certain apps when you set up your system for exam.

Ans:

FPSB doesn't share the score achieved by you in the exam , rather based on a comparative exam cohort data, the board determines the pass/fail . CFP Exam, results are usually declared within 10-15 days of the exam taking place. The result of the exam is uploaded in your FPSB learning portal and is also sent you on mail by FPSB.

Ans:

No, You may take any of the exams as many times till you pass. There is no overall limit to the number of times you may take the exam.

Ans:

CFP Ethics Course is an online module in the FPSB online portal. You must go through the course at your own pace first, then complete the Mock test of 11 questions and then only do the ethics attestation. Completing the ethics course take around an hour for you online at FPSB learning portal.

Ans:

This depends on the individual and different factors such as industry experience, time to prepare, familiarity and propensity to take exams (in general),and the extent of studying before the exam & on what frequency you are taking the classes - Weekend or Weekdays. For Weekend Classes, typically, for Level 1 it takes 3 months, Level 2 & 3 take 2 months each and Final level again takes 3 months. This essentially summarizes that ideally the program can be completed in 10-12months at a reasonable pace and without requiring any special extra time to prepare if you are studying in Weekend. Weekday course is fast paced and hence you are able to wrap up the whole program in approx 6 months itself.

Ans:

FPSB Registration Fee ($165) is common to all CFP levels and remains valid for 1 year. If you complete even 1 or more CFP levels during this 1 year time, you may pay the Specialist Certification Fee ($100) and claim your Specialist certificate for that level , with that you no longer need to renew your FPSB Registration. Rather your registration automatically becomes valid till the expiry of your specialist certification and within that time frame you may complete the whole program. However, if because of any reasons, you don't complete even 1 level during full 1 year time, then only you will need to renew your FPSB Registration and pay the registration renewal fee of $110.

Ans:

The CFP Study fees paid by you to ICOFP is valid for 1 year from the date of your admission to ICOFP. However, if you have completed level 1,2,3 then your need more time to complete final level, your course gets extended without any additional fee. You may also ask our team to re do certain lectures or modules if you want to revise and this is offered to you at no extra cost.

Ans:

FPSB fees sum up to $990 for entire program whereas ICOFP Fees for the whole year ranges between INR 47500 to 27500/- only depending on education medium you choose. So ICOFP Fees are anyways subsidized. On top of that there are Corporate Group Discounts and Refer a Friend Rewards available. Call us to know more about them.

Ans:

International College of Financial Planning (ICOFP) being India's 1st & Largest CFP Education Provider, is undoubtedly the best and only place to find answers to all your questions and queries on CFP program.


Call us at +91-9711437779 or
E-mail at admissions@icofp.org

Chat Live at www.icofp.org

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