Career Scope Financial Planning cfp|certified finacial planning|cfp classroom I have knowledge of at final what distinguishes person from animal: financial worries Romain Rolland French author 1866 1944 cfp india|cfp pune|cfpclassroom Listen to person on the street: you can realize the thread regarding the vicious reality that shall be attached with the above quote. The concerns are not only about NOT possessing cash but there exists many who are expressing concerns about possessing more cash than they can actually manage. Speak to Rajeev, passed out of a prestigious B-school and landed a decent job in a Pharma major. One year later, and he was paying more interest on his credit card debt than his take building salary. For Ravi and Sheetal, a working couple in their early forties, the situation is no better.
Their expense on child learning is sky-rocketing and so are their upwardly mobile life-style needs. The biggest hit of-course is their savings and they can be not sure about how they shall fund the college education. Executive of a PSU, it is bitter reality. He has diligently saved cash in his Bank Fixed Deposits and Employee Provident Fund for the final 30 years. But subsequent to purchasing the building he plans to and getting his daughter married, what shall remain regarding the corpus does not seem to be enough to look him through his retirement years and take like regarding the health related wants of his ailing wife.
All of them and millions around us need a professional, who can help them to identify and achieve personal milestones by efficiently managing their resources. The professional we are talking about is termed as Financial Planner, an special phenomenon in Indian context, while a totally matured profession in developed countries. What does a career in Financial Planning mean? A Financial Planner offers his Financial Planning services, which ranges from budgeting and debt management; to stocks, bonds, and annuities; to insurance, employee benefits, and tax planning; to retirement and estate planning and is primarily directed for individuals. A career in Financial Planning ensures that you can be component of two of India's fastest growing profession within the financial services verticals. A professional enjoys the following in his job environment: Job satisfaction Career Enhancement opportunities Challenges Personal and amp; Professional growth A best earning potential A method to help others fulfill their dreams Like a Financial Planner, you can be not just working with numbers, you can be working with people, and little of them shall remain with you from the moment they begin work till they retire.
You have knowledge of locate out their hopes and goals and then make strategies to help them achieve their goals by: Providing holistic approach to Financial Planning Possessing an extensive knowledge of financial markets Understanding trends and identifying potential risks Possessing a global outlook. Learning it from the Horses Mouth: What the Financial Services Business is talking about Financial Planning? Recently IMS-Proschool organized a discussion titled Powering the Future Financial Planners at ITC Sheraton, Mumbai to bring to career aspirants in Financial Planning, about what the Business is actually thinking related to the profession. A many business stalwarts, which with Mr. K Purwar, Ex-Chairman SBI, Mr. Shailesh Haribhakti Chairman, Financial Planning Standards Board South asia FPSB I, Mr.
Jayram CEO, Kotak Bank, Mr. Ajay Bagga CEO Lotus South asia Mutual Fund between others participated within the discussion and shared their thoughts. The whole discussion was anchored by eminent financial journalist Mr. Debasish Basu and was aired pot South asia by CNBC TV. What the panel discussed was a primary revelation.
There is huge gap between projected demand and actual supply of Financial Planners in India. Infact the Indian Financial Services Business presently wants around 50000 such professionals immediately while there exists only around 250 such certified professionals CERTIFIED FINANCIAL PLANNERS available, while around 7000 candidates are at different grades of completion regarding the program. Interestingly there exists around 1. 50 lakh qualified professionals globally present in throughout 20 + countries. Distant it came out within the discussion that the regulatory authorities in South asia are considering the proposal to make the Certification mandatory in Financial Advisor arena.
The primary Certification body FPSB India, that is floated by 33 high powered Financial Services businesses have passed a unanimous board resolution to release Certified Financial Planners, special preference for employment opportunity. Proactive organization like Kotak Bank are voluntarily creating it mandatory for it's private bankers to be certified in Financial Planning. Numbers often speak higher than words The Indian economy is growing at a breath-taking velocity of 15. compared to global average of 5. 2% during 2000 to 2005.
In absolute numbers the economy has grown from US $ 268 billion in 2000 to US $ 559 billion in 2005. The incremental wealth is reflected within the many home-grown millionaires US $ terms in India, which presently stands around 83000 and is still growing at a rate of 15% every year. To sustain the growth, we need qualified Financial Planners who shall not only help people to manage and grow their cash but also play a primary role in allocating household surpluses to fuel the growth. Is a career in financial planning right for me? Ask you these key questions and look whether you can be suited to a career in Financial Planning: Are you a good listener? Do you like meeting and interacting with all kinds of people? Should you think about you detail orientated, and well organized? Are you comfortable creating use of a calculator to perform math functions? Are you self-motivated and ambitious? Do you invest or like following the financially news? Whether you answered yes to at fewest 3 of these questions, getting into Financial planning should be a smart career move. It is easy to look that a career in Financial Planning shall be as complex or simple as you wish.
Knowledge is the variable you can control. The more you read about Financial Planning the more valuable you can be within the market. so what is the greatest for you doing cfp programs, to be a AFP or serching for another program in cfp pune or cfp south asia with classroom session or destence learning Posted by IMS proschool, PUNEclick here for more detail related to the programmeIMS proschool IMS Learning Resources pvt. 1229 or A, Narhari,Ist floor FC road,next to sagar arcade,DECCAN PUNE:411004.
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