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Subject: Financial Market Management (class-XII) Date: 10-May-2009 |
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| Question: Hi,I am Subhasree Roy studying in class-XII with Finanial Market Management course newly launched by CBSE. I have six subjects:- financial market management, accounting for bussinwss, business process outsourcing, english, economics and entrepeneurship. I want to do a course after XII which would help me to earn at least 50,000 per month. What are the ways open for me? What is CFP? Which are the institutions teaching this course? Is Maths compulsory? Also say what are the pre-requisites of this course? | ||
| Answer: Chartered FInancial Planner (CFP) course is presently offered in India by two authorised education providers of the Association of Financial Planners (AFP) in technical collaboration with the Financial Planning Association of Australia Ltd., (FPA).
The 2-year distance learning programme covers topics such as insurance planning and risk management, retirement planning, tax and estate planning, employee benefits, wealth creation, budgeting, cash flow management, debt management and financial plan construction. An MBA and CFP qualification in combination would give you a broad understanding of the various investment instruments and options, and their implications. Not restricted to just one industry, the CFP certification is useful for people involved in various professions like banking, investment advisory, financial planning, mutual funds and other financial services. List of Training Institutions In India -
The Financial Planner's job is to develop a strategy for the client to build their wealth and protect it, to work towards achieving their goals, to identify their financial issues, risks and make recommendations about suitable investments and insurances. Financial Planners often choose to establish their own financial planning practice either by themselves or together with other planners. Others work for banks, financial planning organizations, life insurance companies, accounting or law firms, stocks and securities brokers, funds managers, credit counseling organizations and large companies to look after employee benefits. Apart from this course you can also consider courses in finance and related area such as investment banking, risk management, portfolio management, securities, treasury management etc. offered by ICFAI (www.icfai.org).
All the best |
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