Need of Certification & Its Value In India there are thousands of Management College that offering different courses in MBA but these institutes offers different kind of certification such as CFA, CFP, PGDSAT etc. However we all know that the certification is not the only thing to be considered while hiring a financial professional but the professional have these certification is the matter of interest for the recruiters. But this doesn't mean that the certification is nothing because all the companies want a candidate with good certification. These certifications distinct a Management professional from the bunch of other Management professionals by adding some extra value in their candidature.
Certified Courses in Finance The first question arrives in mind is who is giving these certifications? Answer is these certifications are given by Global Financial Community and are universally accepted for the financial planning qualification. In India FPSB (Financial Planning Standard Board) is taking the responsibility to distribute financial certifications, it is a non-profitable organisation affiliated by Govt. Of India.
Works of Certified Financial Planner Financial planners are working on preparing the financial plans and goals. They advise individuals for saving and investment plans. They deal with financial organisations on different matters of financial services. CFP explain the complications of every individual person, related to finance. They are willing to solve all the problems of their client. They advise them to protect money, cash flows etc.
Scope of CFP Certifiaction Most of the companies such as TATA, Reliance, LIC, Some banking firms etc. are giving 1st preference to the certified financial planning certification when they come to recruitment, nowadays all the organisation are making this certification necessary for their financial job requirements. A professional with this certification can either work within an organisation or make an entrepreneur, because this certification is adopted universally.
The scope of CFP certification is not only restricted to a single sector but it provides and open opportunity to the candidates such as-- Stock Market
- Public sector companies
- Accounting and Taxation
- Banking and Insurance
- Private sector companies
- Mutual Fund Enterprise
- Other Financial Services
