In this article you will know about Certified Financial Planner Exam and how important the said exam is. Find out more about the Certified Financial Planner Exam by visiting and learn more about the CFP career. http://utsa.financialplannerprogram.com/
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About the prestigious certified financial planner exam
1. About The Prestigious Certified Financial Planner Exam
To become a Certified Financial Planner you have to pass the Certified Financial Planner
Exam. This exam serves as assessment exam on your knowledge, understanding, learning and
skills in all aspects of financial services. The CFP Exam is a post graduate certification exam
taken by professionals who are aspiring for a stronger financial planning career. This is also
taken by professionals who aim to strengthen their present career, apply for a higher or different
job position and earn higher salary compensation. And lastly by those who want to broaden their
scope of learning and enhance their skills in all fields of financial services. So you see, passing
this exam can definitely change your financial planning career.
The Certified Financial Planner Exam is administered by the Certified Financial Planner Board
of Standards wherein it focuses on over a hundred topics on the field of financial services. This
includes the investment planning, insurance planning, income tax planning, estate planning,
retirement planning and many more. This is exam can be taken in 10 hours that is given in 2
days wherein there will be one four-hour session on Friday and two three-hour sessions on
Saturday.
The CFP Exam is consists of 285 multiple choice questions with one case study per session.
The total number of questions that is related to case studies usually varies from one exam to
another. But approximately 20% of the exam is consisting of case study questions. The
reference for passing the CFP Exams is measured according to the set level of required
competency rather than against the scores of other test takers. This is done in order to prevent
any advantages or disadvantages that might occur when past exams were of lower or higher
difficulty.
There is a set requirement that you have to complete in order for you to qualify on taking it. You
have to meet their educational qualifications wherein you must earn a Bachelor’s degree or
higher from any form of discipline as long as it is from an accredited college or university. On
top of that you must also complete the formal CFP course program that will require you to take
special course subjects that are significant in financial services. These special course subjects
are the major contents of your CFP certification exam that is the reason why you must get
review on it for you to gain the learning that you will need. This can surely help you in passing
the CFP Exam. Here are the following course subjects that you have to take and learn a lot
from:
a. Fundamentals in financial planning program
b. Estate planning program
c. Employee benefits planning program
d. Investment planning program
e. Income tax planning program
f. Insurance planning program
g. Retirement planning program
h. Case study in financial planning program
2. i. Capstone case in financial planning program
You must also have at least 3 years full time working experience as a financial planner,
assistant financial planner or any career related in financial planning. After completing both the
educational and working qualifications you must then submit to a full background check and
lastly, adhere to the set Code of Ethics. Once all these requirements are ready you can now
apply and take the CFP Exam.
Resource Box:
In this article you will know about Certified Financial Planner Exam and how important the said
exam is. Find out more about the Certified Financial Planner Exam by visiting and learn more
about the CFP career. http://utsa.financialplannerprogram.com/.