How Difficult Is The CFP Online Program?

Posted by Lucyg Bell
1
Jan 18, 2016
153 Views
The only way for you to become a Certified Financial Planner is through passing the CFP Online Program. This is the certification exam taken most by financial planners as well as other professionals who want to further their career, broaden their knowledge, refine their skills, apply for a higher or different job position, get a better salary compensation and most of all keep up with the standards of the financial services industry. If you are aiming for a better and stronger financial planning career then becoming a Certified Financial Planner (CFP) is the key to it. As they say, anyone can be a financial planner but not everyone is a Certified Financial Planner.
The Certified Financial Planner Exam is said to be the most challenging certification test in the financial services industry. This exam is designed by the Certified Financial Planner Board of Standards in order to assess your ability and integrate and broad base of financial planning knowledge that is applicable to real life financial planning situations. This is an assessment exam that will gauge all your knowledge, learning, understanding and skills in all fields of financial services. This will also assess on how you will manage real life financial matters.

The exam focuses on over a hundred financial planning and financial services topics such as investment planning, retirement planning, income tax planning, insurance planning, estate planning and many more. This is a 10 hours examination that is divided into two days. On the first day you are given four hours to take the test while on the second day there will be a two 3-hour sessions for you.
It 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 consists 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.
 
To qualify in taking the CFP Certification Examination it is important that you complete all the requirements that are set by the Certified Financial Planner Board of Standards. You must meet the educational qualifications wherein you have to earn a Bachelor’s degree or higher from any form of discipline as long as it is from an accredited college or university. You also have to complete the formal CFP course curriculum program wherein you are required to take special course subjects that are vital to financial services.
Another requirement that you must comply with is the 3 years full time working experience as a financial planner, assistant financial planner or any career related in financial services. After completing both educational and working requirements you must now submit to a full background check. And lastly, you have to adhere closely to the Code of Ethics.

Through this article you will know about the CFP Online Program  and how important taking it. To find out more about the Certified Financial Planner Exam you can go to  and learn more about the CFP certification examination.


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