How Can You Take The Certified Financial Planner Exam?
To become a Certified Financial Planner you must pass the most challenging exam in the financial services industry. This is the Certified Financial Planner Exam. The CFP Certification Exam is an assessment test that will gauge all your knowledge, understanding, learning and skills in all fields of financial services. That is why passing this exam can bring about a big change to your financial planning career. It can make you a far better financial professional, someone who is more in demand and marketable.
As we all know the Certified Financial Planner Certification is the designation awarded to those professionals who were able to complete the formal Certified Financial Planner Course Program and most of all successfully pass the Certified Financial Planner Exam. It has been clearly established that a lot of employers and clients are more enthusiastic to be working with financial professionals who are able to earn the CFP Certification. That is why you must really work hard in order for you to successfully pass the CFP Certification Exam.
As we all know the Certified Financial Planner Certification is the designation awarded to those professionals who were able to complete the formal Certified Financial Planner Course Program and most of all successfully pass the Certified Financial Planner Exam. It has been clearly established that a lot of employers and clients are more enthusiastic to be working with financial professionals who are able to earn the CFP Certification. That is why you must really work hard in order for you to successfully pass the CFP Certification Exam.
The CFP Exam is administered by the Certified Financial Planner Board of Standards, Inc. (CFP Board) in which it focuses on over a hundred of topics that talk about the fields of financial planning as well as financial services. This includes the retirement planning program, insurance planning program, investment planning program, estate planning program, income tax planning program and many more. This is the certification exam that you must take in order for you to earn the prestigious and globally acclaimed Certified Financial Planner Designation.
The exam is consists of 285 questions and it can be taken in a total of 10 hours. 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 exam itself is 10 hours long that is given in 2 days. You will be given 4 hours on the first day then two 3-hour sessions on the second day.
The criterion for passing the CFP certification exam is based according to the set level of required competency rather than against the scores of other individuals who took the same exam. This is done in order to prevent any advantages or disadvantages that might occur when past exams were of lower or higher difficulty. This is indeed a good way of criterion for all exam takers.
To qualify for the exam you have to complete all the requirements that is set by the Certified Financial Planner Board of Standards. You should meet the educational qualifications, desired working experience, submitting to a full background check and most of all adhering closely to the set Code of Ethics. Once all these are met then you can now apply and take the CFP Certification Exam.
In this article you will know about the Certified Financial Planner Exam and the importance of taking it. Find out more about the Certified Financial Planner Exam by visiting and learn more what this exam is.
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