If you are a financial professional looking to boost your credentials, the CFP fast track pathway is ideal for your career growth. The Certified Financial Planner (CFP®) certification is recognized globally, and the Financial Planning Standards Board (FPSB) reintroduced the CFP Fast Track Pathway in October 2022 to streamline the process for seasoned professionals in the BFSI sector.
What is the CFP Fast Track Pathway?
The CFP fast track pathway, formerly the CFP Challenge Pathway, allows experienced financial professionals to achieve CFP® certification in four months. This fast-track route is perfect for professionals with significant experience in the financial services sector, providing a quicker path to obtaining a globally recognized certification. By adding the CFP® to your profile, you enhance your career prospects and gain a competitive edge in the financial planning industry. It is a practical option for professionals who meet the required educational and experiential criteria.
Benefits of Pursuing CFP Fast Track at ICOFP
Choosing the CFP FastTrack pathway at ICOFP has numerous advantages, including access to high-quality study materials and interactive learning sessions. Let us look at what you can expect:
Comprehensive Study Material: The ICOFP offers both prep course books and online access to a workbook covering all seven CFP® modules. This ensures you have all the resources to succeed in the CFP® exam.
Live Interactive Sessions: ICOFP provides 52 hours of live interactive prep sessions. These sessions are focused on helping you grasp critical concepts required to clear the final exams.
Capstone Project Mentoring: You will receive mentorship to guide you through submitting the financial plan to the FPSB, ensuring you meet all requirements.
Exam Mentorship and Mock Tests: Mentorship from experts will guide you through the exam process, with mock tests designed to simulate the actual exam experience.
Doubt Clearing Sessions: Get help with your doubts in sessions designed to ensure you are fully prepared for your exam.
Fee Structure for the CFP Fast Track Pathway
The FPSB lays out the fee structure for the CFP fast track. Below is a breakdown of the costs:
| Fee Description | Amount (INR) |
| Documents Verification | ₹5,000/- |
| FPSB Fee Registration & E-Book Contents | ₹34,000/- |
| Financial Plan Assessment Fee | ₹10,500/- |
| Exam Fee | ₹13,000/- |
| CFP® Certification | ₹10,500/- |
| Total Fee | ₹73,000/- |
CFP® Study Fees Charged by ICOFP
At ICOFP, the fees for the CFP fast-track program include access to all necessary study materials and support services. Below is a detailed breakdown:
- Prep Course Book + Online Access: You will receive course books and online access for all seven modules, ensuring comprehensive coverage of the course material.
- 52 Hours of Prep Live Interactive Sessions: These live sessions are designed to help you understand the key concepts needed to excel in your exams.
- Capstone Project Mentoring: Receive personalized guidance to help you complete and submit your capstone project, a crucial component of the certification process.
- Level 4 Books + Live Interactive Sessions: Additional study materials and live sessions will cover essential financial planning concepts, using a case-study-based approach to enhance your understanding.
- Exam Mentor Guidance: You will have access to a dedicated mentor to guide you through the exam preparation process.
- Mock Tests for Exam Simulation: Prepare for your exam with mock tests that simulate the actual exam environment, helping you to practice under realistic conditions.
- Doubt Clearing Sessions: Dedicated sessions are available to resolve any queries you may have, ensuring you are fully prepared for the exam.
Advantages of the Fast Track Pathway
The CFP fast-track offers many advantages for experienced professionals, including the ability to:
- Gain a Competitive Edge: Earning a globally recognized certification like CFP® can significantly improve marketability and career advancement opportunities.
- Shorter Certification Time: Complete your certification in just four months, compared to the traditional pathway, which can take longer.
- Access to Expert Guidance: With ICOFP, you will receive support from experienced mentors and instructors throughout your learning journey.
- Flexible Learning Options: ICOFP offers access to pre-recorded sessions through its Learning Management System (LMS), allowing you to learn at your own pace.
- Comprehensive Exam Preparation: Through live sessions, mock tests, and doubt-clearing sessions, ICOFP ensures you are well-prepared to succeed in the final examination.
Conclusion
Pursuing the CFP fast track at ICOFP provides an excellent opportunity for professionals to accelerate their career progress and become certified financial planners quickly. With dedicated mentorship, study materials, and interactive sessions, ICOFP ensures you are fully equipped to pass your exams and secure the globally recognized CFP® certification. If you are an experienced financial professional, the CFP fast-track can provide a quick, reliable pathway to success.
To know more, visit International College of Financial Planning and explore the details of the program offerings.
