International banking & financial services industry is expected to recruit 840 lakh people each year. The industry will create 20 lakh new jobs over the next 5 years – KPMG report
India currently has 26 public sector banks, 20 service sector banks, 43 foreign banks, 61 regional rural banks, and 90,000+ credit cooperatives. Each branch needs well-trained banking professionals to drive investments
& manage their money. With such employee requirements, the demand for well-trained banking & finance professionals is on the rise. People with the right skills, training & knowledge are highly valued in the industry. – As per the Reserve Bank of India.
Financial services industry: India has so many banks & financial institutions that offer hundreds of saving & investment schemes & policies. To manage these investments, the banking & finance industry needs financial professionals & experts. As per the BFSI Sector Skill Council of India (BFSISSC), this sector will provide 8.4 million jobs by 2022. CERTIFIED FINANCIAL PLANNER CM Certification Course (CFPCM) are supported
and endorsed by the Industry pillars like Axis Bank, HSBC Bank, State Bank of India (SBI), Deutsche Bank, ICICI Bank, ICICI Securities, Reliance Asset Management Company, Life Insurance Corporation of India, Karvy Wealth, Principal Retirement Advisors, World Gold Council to name a few.
About CFP CM Certification
CERTIFIED FINANCIAL PLANNER CM Certification course (CFP CM ) is the most prestigious and internationally accepted Financial Planning qualification recognized and respected by the global financial community. In this era of super specialization, the Professional Certification – CFPCM 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 1,62,000 CFPCM Certificates and widely respected by consumers, professionals & industry. The CFPCM Certification wins trust and presents opportunities worldwide.
With an aim to let students get prepared for this prestigious course CRG Academy of Finance was launched and since then it has served numerous students to get this CFPCM certification.
The financial planning courses that the college came-up with are meant to meet the growing need of the industry and our attempt is to make professionals competent enough so that they start working right from their first day.
Individuals dreaming of a career in financial planning, wealth management or other reputed jobs in financial industry Certified Financial Planner or CFPCM is a certification conferred by ‘Financial Planning Standard Board Limited, (FPSB Ltd)’ United States. This is an internationally recognized & highly ranked certification, It has been accorded Golden standard rating by Wall Street Journal US . This certification gives an edge to the candidates seeking highly paying & career oriented jobs in financial
industry.
Who can enroll for CFPCM Certification?
- Student pursuing ( Under Graduates ) or have completed B.Com,
BAF, BMS, BBI, BFM, BIM, MBA,M.com, CA, CS, Engineering and Other Degrees and keen on
making a career in the financial services sector. - Professionals working in Banking & Financial Services Industry
- Ambitious heads awaiting their opportunities on working with some of
the best Organizations in the field of finance. - Professionals with the will to start their own practice and want to
retain the recognition as Registered Investment Advisor (RIA) as per
SEBI norms rather than just a distributor. - Working professionals seeking a career upgrade to up the cadre of
their competence and pay scale along with achieving such
qualification within a span of a year.
Do contact us or speak to our career counsellor for more information, if you
are positive or keen on above points.
Certification Process
Step 1: Make sure you are eligible for applying for admission. Students and professionals with degrees like B.Com, MBA, CA, CS, Engineering, and others, including those who work in the financial services sector, can apply. You can choose between the Regular Pathway or the Fast Track Pathway, based on your prior educational qualifications and work experience.
Step 2: After completing the educational requirements, you must pass the CFP Exam, which is a comprehensive, objective-type, multiple-choice examination. The CFP Exam assesses your knowledge and competency in financial planning.
Step 3: You must submit a comprehensive Financial Plan, which will be assessed as part of the Integrated Financial Planning course.
Step 4: You will be awarded the CERTIFIED FINANCIAL PLANNER certification after successfully passing the CFP Exam and Financial Plan Assessment.
Step 5: As a CFP professional, you must renew your certification annually by completing 15 Continuing Professional Development (CPD) points and paying the annual fee.
Career Opportunities
Earning the CFP certification will open up a wide range of career opportunities in the financial services industry, including:
- Banking
- Wealth Management
- Private Banking
- Portfolio Management
- Financial Advisory Services
- Investment Consultancy
- Fund Management
- Insurance (Life and General)
- Financial Products Designing and Marketing
Job roles & Average Salaries
The average salary for CFP professionals in India varies based on factors such as experience, location, employer, and job role. Here are some estimates:
- Financial Manager: INR 6 LPA
- Portfolio Manager: INR 8 LPA to INR 15 LPA
- Wealth Manager: INR 4.6 LPA to INR 10 LPA
- Financial Advisor: INR 4.1 LPA to INR 6 LPA
- Investment Advisor: INR 4.2 LPA to INR 8 LPA
- Cost Controller: INR 6.7 LPA
- Research Analyst: INR 4.2 LPA to INR 6 LPA
- Financial Consultant: INR 4.1 LPA to INR 6 LPA
At CRG Academy, we understand that becoming a CFP professional is a significant milestone in your career. Our experienced faculty and dedicated support staff will be with you every step of the way, providing you with the knowledge, skills, and confidence to excel in the financial planning profession.
Global CFP Professional Community
Global Growth
Worldwide CFP Professionals: Over 203,312 as of today
- Growth Rate: 10x increase in CFP professionals worldwide since inception
- Annual Growth Rate: 5.5% globally
India’s CFP Growth
- Number of CFP Professionals in India: 2,517
- Growth Rate in India: 7.7% annually
Per Population Comparison:
- United States: 1 CFP per 3,700 people
- Canada: 1 CFP per 2,300 people
- China: 1 CFP per 22,300 people
- India: 1 CFP per 591,000 people
The low ratio of CFP professionals to the population in India highlights the immense potential and opportunity for financial planners in the country.
As per Krishan Mishra, CEO of FPSB India:
“India needs 10,000 financial planners by 2027-28 to cater to the growing demand for professional financial guidance.”
This significant gap between the current number of CFP professionals and the projected requirement presents a unique opportunity for aspiring financial planners in India.
By earning the globally recognized CFP certification from CRG Academy, you can position yourself as a trusted advisor and capitalize on the rapidly expanding financial planning industry in the country.
Join the ranks of the world’s most respected financial planning professionals and be a part of India’s journey towards greater financial literacy and security.