Finance designations
There are a variety of Finance designations or Accreditations that can be earned, and awarded to those in the finance industry.
They vary by sector, country, and occupation।
Certified Financial Planner
The Certified Financial Planner (CFP) designation is a certification mark for financial planners conferred by the Certified Financial Planner Board of Standards. To receive authorization to use the designation, the candidate must meet education, examination, experience and ethics requirements, and pay an ongoing certification fee.
Chartered Financial Analyst
Chartered Financial Analyst (CFA) is a professional designation offered by the CFA Institute (formerly known as AIMR) to financial analysts who complete a series of three examinations and work for at least four years in the investment decision making process. CFA charterholders are also obliged to adhere to a strict Code of Ethics and Standards governing their professional conduct.
Fellow Chartered Financial Practitioner
The Fellow Chartered Financial Practitioner(FChFP)designation is a financial planning designation issued by the Asia Pacific Financial Services Association (APFinSA). The designation was developed by the National Association of Malaysian Life Insurance and Financial Adviors (NAMLIFA) in 1996 and later on adopted by APFinSA (of which NAMLIFA is a member) in 2001 as the flagship designation for its 11 member associations.
Master Financial Planner
The Master Financial Planner (MFP) designation is a certification mark for college educated wealth planners conferred by the AAFM Board of Standards. To receive authorization to use the designation, the candidate must meet education, AACSB or ACBSP accredited college examinations, experience and ethics requirements, and pay an ongoing good standing fee.
Registered Financial Planner
In Malaysia, the Registered Financial Planner(RFP)designation is conferred by the Malaysian Financial Planning Council(MFPC). It is one of the recognised qualification by the Securities Commission and Bank Negara Malaysia for those wishing to apply for a financial planner or financial adviser licence. Another RFP designation is offered by theRegistered Financial Planners Institute formed in the United States. Then you have theSociety of Registered Financial Planners offering the HKRFP in Hong Kong and China. There is currently no connection between the three designations.
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