<p><strong>What is CFP?</strong></p>

<p>A Certified Financial Planner (CFP) is a professional who has demonstrated knowledge and skills in financial planning, including budgeting, saving, investing, and retirement planning. They work with individuals, households, or organizations to create a comprehensive financial plan that reflects their values, goals, and objectives. In order to become certified, a CFP must meet certain education, experience, and exam requirements set by the Certified Financial Planner Board of Standards. CFPs are required to maintain their certification through ongoing education and adherence to ethical standards.</p>

<p><strong>Overview on CFP</strong></p>

<p>The CFP designation is considered the gold standard in financial planning. CFP professionals are trained to provide comprehensive financial planning advice to individuals and families. They can help clients with a wide range of financial goals, such as saving for retirement, planning for college, investing for the future, and managing debt.</p>

<p><strong>Why Study CFP?</strong></p>

<p>There are many reasons to pursue the CFP certification:</p>

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	<p><strong>High Demand:</strong> CFP professionals are in high demand. According to the CFP Board, there are over 80,000 CFP professionals in the United States. The demand for CFP professionals is expected to continue to grow as the population ages and more people become aware of the importance of financial planning.</p>
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	<p><strong>Career Advancement:</strong> The CFP designation can open doors to a wide range of career opportunities in financial planning. CFP professionals can work in a variety of settings, including banks, insurance companies, investment firms, and financial planning firms.</p>
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	<p><strong>Increased Salary:</strong> CFP professionals typically earn higher salaries than their non-CFP counterparts. According to the CFP Board, the median salary for CFP professionals is $100,000 per year.</p>
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	<p><strong>Increased Credibility:</strong> The CFP designation is a valuable credential that can help CFP professionals gain the trust and respect of their clients.</p>
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	<p><strong>Professional Satisfaction:</strong> CFP professionals help people achieve their financial goals, which can be a very rewarding career experience.</p>
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<p><strong>Is Studying CFP a Good Career Option?</strong></p>

<p>Yes, studying CFP is a good career option for those who are interested in helping others achieve their financial goals. The CFP designation is a valuable credential that can help CFP professionals secure promising employment opportunities with attractive salaries.</p>

<p><strong>Scope in CFP</strong></p>

<p>The scope of the CFP designation is broad and encompasses a variety of financial planning topics, including:</p>

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	<p><strong>Financial Planning Fundamentals:</strong> This section covers the basics of financial planning, such as goal setting, budgeting, and risk management.</p>
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	<p><strong>Investment Planning:</strong> This section covers investment strategies, asset allocation, and retirement planning.</p>
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	<p><strong>Tax Planning:</strong> This section covers tax law, tax planning strategies, and estate planning.</p>
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	<p><strong>Insurance Planning:</strong> This section covers insurance needs, insurance products, and insurance strategies.</p>
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	<p><strong>Retirement Planning:</strong> This section covers retirement planning strategies, retirement plans, and Social Security planning.</p>
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	<p><strong>Estate Planning:</strong> This section covers estate planning documents, estate taxes, and estate planning strategies.</p>
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	<p><strong>Education Planning:</strong> This section covers education planning strategies, college funding options, and financial aid.</p>
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	<p><strong>Business Financial Planning:</strong> This section covers business financial planning topics, such as business ownership, business succession planning, and business retirement planning.</p>
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</ul>

<p><strong>Job Opportunities in CFP</strong></p>

<p>Graduates of the CFP program can pursue a variety of exciting career paths in financial planning, including:</p>

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	<p><strong>Financial Planner:</strong> Providing comprehensive financial planning advice to individuals and families.</p>
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	<p><strong>Wealth Manager:</strong> Managing investment portfolios for high-net-worth individuals and families.</p>
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	<p><strong>Retirement Planning Specialist:</strong> Providing retirement planning advice to individuals and businesses.</p>
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	<p><strong>Estate Planning Specialist:</strong> Providing estate planning advice to individuals and families.</p>
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	<p><strong>Insurance Planning Specialist:</strong> Providing insurance planning advice to individuals and families.</p>
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	<p><strong>Business Financial Planner:</strong> Providing business financial planning advice to businesses.</p>
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</ul>

<p><strong>Average Salary for CFP</strong></p>

<p>The average salary for CFP professionals varies depending on experience, location, and job title. However, in general, salaries in the financial industry are significantly higher than the national average. According to the CFP Board, the median salary for CFP professionals is 6.5 lakhs</p>

<p><strong>Admission Criteria for CFP</strong></p>

<p>To be eligible to take the CFP exam, candidates must have a bachelor&#39;s degree or equivalent, three years of full-time work experience in financial planning, and complete two years of education in financial planning.</p>

<p><strong>Entrance Exam for CFP</strong></p>

<p>The CFP exam is a rigorous six-hour exam that covers a broad range of financial planning topics. The exam is offered three times per year at testing centers around the world.</p>

<p><strong>Core Subjects in CFP</strong></p>

<p>The core subjects covered on the CFP exam are:</p>

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	<p><strong>Financial Planning Fundamentals:</strong> 20%</p>
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	<p><strong>Investment Planning:</strong> 20%</p>
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	<p><strong>Tax Planning:</strong> 15%</p>
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	<p><strong>Insurance Planning:</strong> 15%</p>
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	<p><strong>Retirement Planning:</strong> 10%</p>
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	<p><strong>Estate Planning:</strong> 10%</p>
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<p><strong>All you need to know about CFP</strong></p>

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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Course Name&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;- Certified Financial Planner (CFP)</div>
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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Course Duration&nbsp; &nbsp; - 6 months - 2&nbsp;years&nbsp;</div>
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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Eligibility&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; -&nbsp;10+2 with minimum 50% marks</div>
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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Course Fees&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;- INR 20,000 - 1&nbsp;lakhs</div>
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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Top colleges&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; - Indian Institute of Management, Kolkata (IIMK), St. Xavier&#39;s Institute of Management, Kolkata,&nbsp; Institute of Management Calcutta (IMC), ICMAI,&nbsp;IFB,&nbsp;NMIMS,</div>
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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">&nbsp;Specialization&nbsp;&nbsp; &nbsp; &nbsp; &nbsp;-&nbsp;Retirement Planning Specialist, Estate Planning Expert, Investment Management Specialist, Tax Planning Consultant, Insurance Planning Advisor, Education Planning Consultant, etc</div>
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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Jobs&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; - Financial Planner,&nbsp;Wealth Manager,&nbsp;Retirement Planning Specialist,&nbsp;Estate Planning Specialist,&nbsp;Insurance Planning Specialist,&nbsp;Business Financial Planner, etc</div>
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	<div style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Average Salary&nbsp; &nbsp; &nbsp; &nbsp;-&nbsp; 2&nbsp;LPA to 7.5&nbsp;LPA</div>
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