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Scholarships and Discounts for CFP Exam Review Courses
The Certified Financial Planner (CFP) designation has come to be widely considered as the definitive mark of competency by individuals and financial professionals. Many sources encourage novice investors and clients to seek professionals who have earned this credential. Not only will the material learned from the CFP course curriculum increase a student's professional competence, but the prestige of holding the designation will likely increase his or her business.
The CFP Exam - What to Expect
For individuals who have completed the educational requirements to sit for the Certified Financial Planner (CFP) exam, it will take on average at least 2,000-3,000 hours of study time to get through both the review coursework and the CFP exam. The CFP Exam is 10 hours long, and is broken into one four-hour session on Friday. On Saturday there are two three-hour sessions. Students answer 285 multiple-choice questions, which include two comprehensive case studies. The case studies are designed to force students to apply the course material to "real life” situations. The CFP exam is given three times per year, in March, July and November. Typically, 50-60 percent of the students taking the CFP exam pass.
Strategies for Success – Enroll in a Review Course
There are many different strategies that students may employ to increase their chances of passing the CFP Exam. One approach is to enroll in a review course. There are many review course providers. These courses are especially valuable to students who are struggling with assimilating vast amounts of material from the coursework taken completed some time ago.
Review course instructors often provide tips about how to reason through the case studies, setting-up calculator problems, and how much time should be spent on specific test topics. Additionally, instructors will point out what will probably be ignored on the CFP exam. There are many possible topics in the CFP Board test bank that will not be tested or will be assigned very few questions. If students know which topics will fall into this category, they can use their time and energy to concentrate on more important topics.
How the FPA Can Help – Review Course Scholarships and Discounts
CFP Exam review course providers Keir Educational Resources and the Dalton Review have the following scholarships and special offers for FPA member:
Keir Educational Resources conducts a four-day intensive class for review of the CFP Certification Exam. The retail value of a Keir class with materials is $925. Keir will award one scholarship in the amount of $925 to one applicant per FPA chapter per exam cycle in 2010. Click Here for Details
The Dalton Review for the CFP Certification Exam offers both traditional classroom review in Arlington and an eReview, which is Live-Online. If students are in a certificate program, the Dalton Review will provide a $145 discount. For any FPA member that enrolls in the Dalton Review, the Dalton Review will provide a $100 discount. Click Here for Details
If you have any questions or comments please do not hesitate to contact Kathleen Sindell at ksindell@gcsr.com or Dan Lash at DLash@BruceVaughn.com
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