A financial planning certificate is vital for any one who wants to pursue a career in the business of financial planning. Possessing a financial planning certificate tells a prospective employer that you are serious about the business and that you have taken care to prepare yourself for your chosen profession.
This is a competitive field and it is important to increase your employability.Some companies offer training but your lack of qualifications will be reflected in the salary level. if you can get a recognized qualification in financial planning while you are pursuing other studies that are less vocationally orientated you may have an advantage over other job seekers.
If you intend to set up your own business then a financial planning certificate is still useful because it covers all the main areas that you will need to understand to operate effectively. It will also reassure clients that you are competent and qualified to handle their affairs.
So whether you are seeking employment or planning to go it alone a financial planning certificate is a useful qualification to have. If you are already in employment but feel that your career is stalled a financial planning certificate may help to revitalize your career.
If you are a returning to work after a spell as a homemaker a financial planning certificate may be useful to you. It will show a prospective employer that you have up to date business knowledge and are familar with the latest practice.
Even if you plan to work in the nonprofit sector a financial planning certificate may be helpful in securing employment. Many of the same business criteria apply in this field and a financial planning certificate will tell any employer that you are familar with the requirements of financial planning.
Many universities and colleges provide financial planning certificate courses. There are credit and non-credit certificate programs. They are available at graduate and undergraduate level. Different courses have different admission criteria depending on their level. Most educational institutions have course that meet the requirements laid down by the CFP board. It is important to check this before you start the course. The CFP board requirements are the industry standard and are recognised by all the major companies working in this sector.
Your course should cover all the main areas involved in financial planning. It should also offer you the opportunity to experience financial planning in a real client situation. That way you gain practical experience. This will give you confidence and be a plus point for an employer. There is no substitute for actual experience because every client’s situation is different. Part of the skill of being a financial planner is knowing what your client and being able to understand their specific needs.
Before you take the exams it may be helpful to take a review course. It is important to prepare well for the exam. A review course will ensure that you have the knowledge at your fingertips and your efforts will not be wasted.