What is this Certified Financial Planner Certification Examination? This is known to be one of the most challenging exams in the financial services industry. This is the certification exam taken by those professionals who wants to become a Certified Financial Planner.

The Certified Financial Planner Certification is a designation awarded by the Certified Financial Planner Board of Standards (CFP Board) to those candidates who were able to complete all the requirements which includes the educational qualifications, working experience, passing the Certified Financial Planner Exam and adhering to the Code of Ethics.

The CFP certification exam is designed by the Certified Financial Planner Board of Standards in order to assess your ability and integrate and broad base of financial planning knowledge that is applicable to real life financial planning situations. Passing this certification exam would indicate to the public that you were able to attain the highest level of professionalism, competency and ethical practices that is necessary for you to practice independently as a financial planner and at the same time in the financial planning sector. The Certified Financial Planner exam serves as an assessment exam that will gauge your knowledge and learning in all aspects of financial services

The CFP exams cover over a hundred of financial planning and financial services topics. Generally the certification exam covers all aspects of financial services. The exam itself is taken in 10 hours time and divided in two days. During the first day you will be given 4 hours to take the exam while on the second day it will be divided in to two 3-hour sessions. Aside from that the exam is also consists of 285 multiple choice questions with one case study per session. The total number of questions that is related to case studies usually varies from one exam to another. But approximately 20% of the exam consists of case study questions. The criterion for the passing rate of the CFP exams is measured according to the set level of required competency rather than against the scores of other individuals who have taken the same exam.

Aside from that you must also complete the formal Certified Financial Planner course program wherein you are required to take special course subjects that are vital in financial services. Another requirement that you have to complete is the three years full time working experience as a financial planner, assistant financial planner or any career related in financial planning. After completing the educational and working qualifications you must then submit to a full background check and lastly, you must adhere closely to the Code of Ethics set by the CFP Boards.

You’re free to visit www.financialplannerprogram.comfor more information.