CFP : Fees, Admission Procedure 2025, Entrance Exam Accepted & Placements
Kundan Mishra
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30 Aug 2017
What is CFP Course?
With the increasing demand for financial planners, several academic institutions in India have started offering the course called CFP or Certified Financial Planner. CFP is a certification course that is currently being offered by some private institutions. The course focuses on the study of financial planning, as well as financial advisory services and wealth management. While the course is not widely available, it has become one of the most sought-after certification courses among students.
The CFP course is not a very expensive course due to its short duration. Students may have to pay an average fee of less than INR 1 lakh to pursue this certification programme at chosen institutions. However, the fee may vary per the institution and the quality and demand for the course. Further, students may pursue this certification course on a full-time or part-time basis, as well as via distance education or correspondence mode.
Availability of CFP Programme
The certification course of CFP is available at selected colleges and institutions. All these institutes are privately governed. Following are the places from where you can pursue the CFP course if you are interested in becoming a Certified Financial Planner:
· International College of Financial Planning, Mumbai
· ICICIdirect Centre for Financial Learning, New Delhi / Mumbai / Hyderabad / Bengaluru / Kolkata / Pune
· International College of Financial Planning, New Delhi
· iVentures Academy of Business & Finance, New Delhi
· Indian School of Business Management & Administration, Guwahati / Raipur / Coimbatore / Lucknow / Patna
Eligibility to Pursue CFP Programme
Different institutions offering full-time, part-time, or correspondence CFP course may have varied eligibility criteria for admission in this course. Following are the eligibility requirements of ICFP and ICICI Centre:
· International College of Financial Planning: The candidate must have an experience of 3 years after completing graduation or 5 years after completing 10+2.
· ICICIdirect Centre for Financial Learning: The candidate must have passed the 10+2 exam or an equivalent exam from a recognised board.Candidates having a professional certification or a post-graduation degree are also eligible to apply.
· International College of Financial Planning: The candidate must have an experience of 3 years after completing graduation or 5 years after completing 10+2.
Duration of CFP Programme
The duration of the certification course varies from one institution to another. While the International College of Financial Planning offers a full-time course of 100 hours, ICICIdirect Centre for Financial Learning and iVentures Academy of Business & Finance provide a part-time, classroom programme of 6 months.
The International College of Financial Planning has a distance learning or correspondence CFP course of the duration of 5 months. The distance-learning course is also available at the Indian School of Business Management & Administration, but this course is of the duration of 2 years and is called Chartered Finance Manager course.
