The CFP Fast Track Course is an excellent opportunity for professionals in the financial services sector to quickly gain the prestigious Certified Financial Planner (CFP) certification. Reintroduced by the Financial Planning Standards Board (FPSB) in October 2022, the fast track pathway is designed for seasoned professionals who meet the educational and experience criteria required to fast-track their certification process.
This blog aims to provide information about the CFP fast track course in detail, outlining its benefits, how it works, and why it is an ideal choice for financial professionals.
What is the CFP Fast Track Course?
The CFP fast track course is a specialized program designed to help financial professionals earn their certification faster than through the regular pathway. Previously known as the CFP Challenge Pathway, this course was reintroduced to help experienced professionals boost their career prospects by earning the CFP certification in just four months.
Instead of the usual process requiring four separate exams, professionals opting for the fast track pathway only need to pass one final exam. This saves time and enables professionals to focus more efficiently on the critical areas of financial planning in a streamlined manner.
Why Choose the CFP Fast Track Course?
Achieve CFP Certification with One Exam
Unlike the regular pathway’s four exams, the CFP fast track course simplifies certification by requiring just one final exam. This allows professionals to save time and focus on mastering core content.
Time Efficiency: Complete in Four Months
This fast track course takes only four months, compared to the regular pathway’s 10-12 months. It’s ideal for professionals seeking quick certification to boost their credentials and career growth.
Cost Efficiency: Reduced Fees
The CFP fast track pathway offers a 30% reduction in FPSB fees and a 40% reduction in ICOFP tuition fees, making it a more cost-effective route for career advancement.
Enhanced Career Opportunities
Faster certification gives professionals a competitive advantage, unlocking new job opportunities, promotions, and greater industry recognition.
Join a Global Network
Earning your certification links you to a global network of over 223,700 Certified Financial Planners, offering valuable opportunities for career growth and collaboration.
How to Apply for the CFP Fast Track Course
Ensure Eligibility
Make sure you meet the educational and professional experience criteria established by the FPSB before applying. These criteria ensure that candidates are well-prepared to take on the challenges of the fast-track pathway.
Enroll with ICOFP for the Fast Track Pathway
ICOFP, a premium authorized education provider, offers a weekend virtual class batch for six months. This schedule is designed to help busy professionals balance their studies with their work commitments.
Submit Documents for Verification
Upload scanned copies of all relevant documents required for verification. This is essential to confirm your eligibility for the fast-track course.
Pay Fees
Once your documents are verified, pay the FPSB’s document verification and course fees. ICOFP assists in this process to ensure everything runs smoothly.
Complete the Registration Process
Fill out the registration form provided via email by FPSB. Please note that FPSB reserves the right to approve or reject documents based on qualifications and experience. In case of disapproval, you may be eligible to register through the regular pathway instead.
ICOFP CFP Study Fees and Packages
ICOFP offers a comprehensive package to help you succeed in the CFP fast track course:
- Prep Course Book and online access to concepts and workbooks for all seven modules.
- Fifty-two hours of live interactive sessions to enhance your understanding of key financial planning topics.
- Mentoring for the Capstone Project, ensuring smooth submission to FPSB.
- Level 4 Books and live classes covering financial planning concepts and case studies.
- Guidance from an Exam Mentor.
- Mock tests to simulate the actual exam experience.
- Dedicated doubt-clearing sessions to address any issues.
The total fee for this package is ₹34,900.
Conclusion
The CFP fast track course is perfect for financial services professionals looking to fast-track their career growth and become part of a global network of financial planners. With the support of ICOFP, you can complete your certification in record time, all while benefiting from cost savings and comprehensive learning support.
