DSU- Dayanand Sagar University B.Com 2025
60+ Years of Education Legacy | UGC & AICTE Approved | Prestigious Scholarship Worth 6 Crores
CFP Salary in India - Certified Financial Planners (CFP) help their clients in taking investment decisions, retirement plans, taxes as well as selecting insurance policies. The primary job of CFP’s in India includes conducting meetings with the clients, researching on new investment opportunities and analyzing all types of financial information. The CFP course salary is also a much talked about topic. An average salary of CFP in India is around Rs.4,15,700 gross per year which increases with expertise and experience.
Candidates to become CFP in India need to complete the Certified Financial Planner Course which is offered by the Financial Planning Standards Board (FP SB) after qualifying the five exams of 6 modules. The CFP certification is a globally recognized Certificate in Finance and is offered through online as well as offline mode.
Also Read| CPA in India - How to Pursue CPA in India
If we measure the scope of CFP in India and the look at the certified financial planner salary in India, it can be said that doing a CFP opens the door to a fruitful career. A CFP can work in a number of fields such as financial planning and consultancy, risk management, investment advisory service, banks, portfolio management and much more. A CFP may also complement his or her existing skill sets by pursuing other courses such as CFA or CA.
The CFP graduates can work in various high profile jobs such as financial advisor, wealth advisor, cost analyst etc. The average annual salary is around 3-5 lakhs depending on the various regions, companies as well as many other parameters. The CFP salary in India for freshers is also quite attractive.
Job Profiles | Job Description | Average Annual Salary |
Advising clients on investment related matters as to how and where to invest money and the right time to invest. | Average salary - Rs. 3.62 LPA Highest salary -Rs. 20.95 LPA | |
Financial managers | Financial managers plan the budget and also support the executive management team by providing insights and financial advice that helps the company to make the best business decisions. They also distribute the financial resources of a company. | Average salary -Rs. 8.79 LPA Highest salary -Rs. 13.12 LPA |
Finance assistant | Finance assistants look after day to day finance related tasks in the finance department of a company. The tasks include data entry, preparing balance sheets, updating of financial reports and processing invoices. | Average salary -Rs. 3.01 LPA Highest salary -Rs. 6 LPA |
Financial planner | Financial planners assists their clients in creating personal budgets, establishing objectives for saving, managing, minimizing and controlling their expenses. They implement necessary steps for creating and accumulating wealth | Average salary -Rs. 3.90 LPA Highest salary -Rs. 9.75 LPA |
Mutual fund admins | Mutual funds admins complete all the financial paperwork processing related to the mutual funds. They also provide up to date information of the client funds information or investments advice. | Average salary -Rs. 6 LPA Highest salary -Rs. 9.60 LPA |
Portfolio manager | The portfolio manager implements investment strategies and processes to meet the client goals and also construct or manage the portfolios. | Average Salary -Rs. 10.95 LPA Highest Salary -Rs. 28 LPA |
Client service associate | A client service associate is a financial planner who helps the financial advisors about specific tasks. They work for clients satisfaction and enhance clients experience by providing services for their contracts, business etc. | Average salary -Rs. 3.09 LPA Highest salary -Rs. 5.20 LPA |
Wealth advisor | Wealth advisors are the professionals responsible for offering a variety of services including financial/ investment advice, tax related planning services and estate planning. They often work as a broker to buy and sell stocks on behalf of clients. | Average salary -Rs. 5.49 LPA Highest salary -Rs. 9.18 LPA |
Also Read | Chartered Accountant (CA) Salary in India & Abroad: Monthly Earning, Roles & Responsibilities
The career scope for the CFP jobs are diverse and also available in various different sectors. Candidates after completing the CFP course can work in many different areas such as Finance consultation, Investment banking, portfolio management etc.
Some of the major job sectors where CFP graduates can find job opportunities and can work as a CFP professionals are mentioned in the table given below:
Banking | Tax Consultancies |
MNCs | Insurance Firms |
Wealth Management | NBFCs |
Consulting Firms | Law Consultancies |
Brokerage |
Many organizations pay a good amount of salary to CFP’s in India. Some of the top recruiters for CFPs in India are:
SBI | RBI |
ICICI | Visa Inc |
Amazon | IRCTC |
ICBC | JP Morgan |
Standard Chartered Bank |
In India the CFPs are basically responsible for planning finance related activities or tasks of an individual or organization. Listed below some of the other job responsibilities of a Certified Finance Planner (CFP).
Client Identification: It is very important to understand the client’s or company’s financial goals before starting the investment or any other finance related process.
Assessing client’s financial status: CFP should have knowledge about the client’s area of income, flow of income, assets, debts as well as problem areas, apart from knowing the financial history of the client or the company.
Financial Plan: After analyzing all the important factors, Certified Finance Planner (CFP) will make an investment plan for the client based on their income, financial history, etc.
Financial Plan Implementation: CFP implements all the plan after proving it on behalf of client, and regularly checks and also reviews it to ensure that the client has been receiving or will receive the maximum benefit from it.
The average salary of CFP in India is Rs. 4,15,700 gross per year, which is about ₹22,520 net per month.
CFPs can get various types of jobs such as financial planning, tax services and planning, retirement planning, legal planning, investment management and others.
CFPs can get various types of jobs such as financial planning, tax services and planning, retirement planning, legal planning, investment management and others.
CFP courses can be done in both online and offline modes.
Budget analysis, in a nutshell, entails thoroughly analyzing the details of a financial budget. The budget analysis aims to better understand and manage revenue. Budget analysts assist in the achievement of financial targets, the preservation of profitability, and the pursuit of long-term growth for a business. Budget analysts generally have a bachelor's degree in accounting, finance, economics, or a closely related field. Knowledge of Financial Management is of prime importance in this career.
The invention of the database has given fresh breath to the people involved in the data analytics career path. Analysis refers to splitting up a whole into its individual components for individual analysis. Data analysis is a method through which raw data are processed and transformed into information that would be beneficial for user strategic thinking.
Data are collected and examined to respond to questions, evaluate hypotheses or contradict theories. It is a tool for analyzing, transforming, modeling, and arranging data with useful knowledge, to assist in decision-making and methods, encompassing various strategies, and is used in different fields of business, research, and social science.
A Researcher is a professional who is responsible for collecting data and information by reviewing the literature and conducting experiments and surveys. He or she uses various methodological processes to provide accurate data and information that is utilised by academicians and other industry professionals. Here, we will discuss what is a researcher, the researcher's salary, types of researchers.
Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues.
A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product.
A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.
A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans.
A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software.
The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.
#41 in NIRF | 50 LPA Highest CTC, Ranked #9 in India by QS University Rankings
150+ recruiters | 100% placement track record
India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 45.98 Lakhs Highest Package
B.Com Admissions Open 2024 | Collaborations with international universities
Apply for Online MBA from O.P. Jindal Global University
Online PG programs from Symbiosis Centre for Distance Learning