Friday, August 14, 2015

060 Academic requirements to enrol into CFP course

I am considered earlier batch of CFP students. To enrol into a CFP course, the academic requirement then was a minimum of SPM. Then in 2014, I heard FPAM is going to lift the requirement to a minimum Degree holder. So, it was imposed from 2015.

This new requirements makes it harder to recruit new students. However, just recently (Aug 2015), I heard FPAM has relaxed the academic requirement to a minimum Diploma holder with a 5-year experience.

This is good news indeed. And it should be welcome, especially, those has been in unit trust industry for more than 5 years and is thinking of upgrading his career path.

With CFP, a student can apply for CMSRL license to become a licensed financial planner under a financial planning firm to practice. The scope of services he can provide to his clients widened to more than single product from a single company. He will be looking at improving clients financial shape to a better one.

The CFP course used to be a 6 modules course, it has been compressed into 4 modules since 2015 as well. So, it is faster for a student to complete his study and start practicing.

It is not easy to get a CFP service provider in Johor Bahru. So, we look upon whoever interested to venture into CFP course or financial planner career to contact us.

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