Having a very credible finance related certifications is very much recommended if you want to boost your career up even if you’re going to become a stock broker or even just a financial analyst for individuals or for huge companies. Anyone can become a stock broker or a financial advisor if he’s a graduate of finance related course like economics or accountancy. However, to become more successful in your field, you need to get some of those finance related certifications. The rewards are great because not only will you land on a better job, you will also have a higher salary base. As you go up the finance industry, you’ll gain more recognition and respect. More and more companies will get your services and you’ll just be overwhelmed by it.
One example would be becoming a certified financial planner or CFP. It’s one of the hottest jobs in the finance industry these days. It’s a tough wall to break as well but again, the rewards are greater. All you have to do is meet the CFP certification requirements and pass the CFP certification examination and you’ll get it done. It was written in one single sentence but really, it will take all your sweat and blood to get one of these certifications. Being a certified financial planner holds a great responsibility. One wrong decision and it could massively affect the operations and finances of the entire company. That’s the reason why the CFP board of standards stands by its guidelines to really pick out the best of the best finance advisers out there.
First in their list is that you should be a graduate of any finance related course. Knowing your place is very important in financial planning. You should already know the terminologies, the jargons etc. You should already know how the market works and you can predict where it is going. If you have a master’s degree in any of the fields of finance and business, it’s a lot better. This way, you won’t be surprised of the things you’re going to learn in CFP training school, which leads us to the next step.
Second, you have to attend a certified financial planner training school. This time, every principle in financial planning will specifically be taught. Your mentors will hone your skills in analyzing and reading data which will be used for creating effective financial plans. You will cover all the areas of financial planning from simple stock investment to retirement plans. Once you are all well-equipped with the knowledge and skills, you are now ready to take the next step.
Third, you will need at least three years of experience in financial planning. While you believe that you can do things because of the theories that you’ve learned, it’s still better to be exposed in real world situations, that way you can sharpen your skills all the more and be ready for the CFP certification exam. And yes, fourth would be the examination. It’s a 10 hour exam that will test everything you’ve learned. Once you pass it, then you can have the certification and you can officially call yourself a CFP. Add this to your resume and you’ll find a lot of companies will open their arms for you.
Meeting the CFP certification requirements will lead to another level of your career. As you go up the mountain of the finance industry, your value also increases and you will land on a better job and a higher paying one. Get to know more information on how to pass the CFP certification examination now.
certified financial planner certification 