Certified Financial Planner (CFP)
Online, Offline, and Hybrid exam preparation classes are available for CFP
Professional faculty with in-depth knowledge
Learn through real-life examples & cases
One to one doubt solving
Internship placement support
Learn through live/self-paced/hybrid classes
Duration 12-18 months
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CFP Exam Preparation
THURSDAY, August 18th, 2022
CFP Exam Preparation
THURSDAY, August 18th, 2022
Why CFP at Gurukul.Education
Pursuing the CFP programme with Gurukul.education ensures that you get the right understanding of the topics to develop your expertise, requisite exposure to the industry to relate and know the application of the topics you study with real business and are nurtured with a supportive environment, where learning is not just about getting through an exam but growing as a person to make your mark and realise your true potential.
With the syllabus covering personal finance, risk and insurance planning, retirement planning, estate planning, and taxation planning; the CFP certification prepares you for a sound and successful career in personal finance and investment planning.
With most banking, finance and investment organisation looking for a Certified Financial Planner (CFP) the career opportunities are immense.
CFP Qualification & Syllabus
Financial Planning Standards Board (FPSB) India manages and conducts the CFP programme in India. With the syllabus covering personal finance, risk and insurance planning, retirement planning, estate planning, and taxation planning; the CFP certification prepares you for a sound and successful career in personal finance and investment planning. With most banking, finance and investment organisation looking for a Certified Financial Planner (CFP) the career opportunities are immense.
There are two entry routes to the CFP programme:
1) The Regular Program
In this route, the syllabus is spread over 5 exams
Eligibility is open for anyone who has cleared Std. 12th / HSC
Work experience is not mandatory to apply
2) The Challenge Status Program
This route has just one exam that covers the entire syllabus.
To be able to apply under this program you have to meet certain criteria:
You should have a post graduate degree / CA / MBA or CFA or other degrees as mentioned here
You also need work experience of 3-5 years before applying for this program.
Once you clear the exams, you can sign the Code of Ethics, be a certified CFP and use the trademark CFP Marks.
If you take up the Regular Program, to use the CFP Marks (the trademarks), you have to acquire work experience of 3-5 years.
Once you are certified, you can join the ranks of other CFP professionals, forming an exclusive network of qualified financial planners.
Module 1: Introduction to Financial Planning
It covers the six-steps process which includes:
Financial Planning process
Time value of money applications
Personal financial statements
Cash flow and debt management
Overview of risk management
Ethics and business aspects of financial planning
Module 2: Risk Analysis and Insurance Planning
Risk management and insurance decisions in Personal Financial Planning
Identifying client’s exposures to Mortality, Health, Disability, Property, Liability and long term care risk is emphasized
Selecting the appropriate risk management technique
Various Insurance policies & strategies:
Insurance of business risk
Regulation of the Insurance Industry
Module 3: Retirement Planning and Employee Benefits
Retirement needs analysis techniques
Development of retirement plans
Various retirement schemes such as:
Employees Provident Fund (EPF)
Public Provident Fund (PPF)
Super Annulation Fund
Other Pension Plans, Post Retirement Counselling
Module 4: Investment Planning
Risk Return Analysis
Portfolio Construction & Management
Regulation of an Investment Advisor
Module 5: Tax and Estate Planning
Tax Planning :
Income Tax Computation
Capital Gain & Indexation
Deductions & Allowances
Non-Resident Indian Tax Laws
Tax Management Techniques
Estate Planning :
Wills, Trust, Indian Succession Act
Power of Attorney
Joint ownership of property
Module 6: Advanced Financial Planning
Establishing client planner relationship
Analyze client objectives, needs & financial situation
Developing the financial plan
Implementing the financial plan
Monitoring the financial plan
The exams are computer-based and can be booked through NSE’s website.
Examination Pattern (Exam 1 to 4) – 2 Hours
- The Questions are based on respective Modules of the CFPCM Certification Curriculum
- The candidates will answer a multiple choice objective type examination, administered online by NSE.
- All questions are designed to have a question body with 4 alternative options.
- There is no negative marking.
- The following is the Question Paper Pattern.
- One-fifth of the marks will be allotted in each of Exams 1 – 4 to the module “Introduction to Financial Planning”
Total 77 Questions for 150 Marks for marks ranging from 1 to 4.
Examination Pattern (Exam 5) – 4 Hours
FPSB India shall upload on their website probable case studies, out of which any two will be asked in the examination.
The case studies depicting real life scenario of individual Financial Planning situations.
Each question will carry pre-specified marks for each correct answer.
Students will be evaluated based on the following learning objectives:
Determining the client’s financial status by analyzing and evaluating the client’s information.
Ability to comprehend and analyze client-specific situations and select the best solution among the given options. This entails a thorough and sound understanding of the well-defined comprehensive CFPCM certification curriculum, covering all the modules (Module I to Module VI).
The following is the Question Paper Pattern for each of the two case studies to be asked in Exam 5/CSP.
Total 15 questions for 50 Marks for marks ranging from 2-5 marks.
A – Equal and above 75%
B – Equal and above 60% and less than 75%
C – Equal and above 50% and less than 60%
Fail- Less than 50%
Results are available immediately after submitting the answers.
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