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 CFP or MBA or RFP, which one possesses better prospect?

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POYOZER
post Jun 16 2010, 11:01 AM

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QUOTE(debbieyss @ Jun 15 2010, 04:00 PM)
Sunway-Manchester Business School's MBA costs almost RM100k now.
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It is better to go study at less famous university in the UK. The total tuition fees plus the living cost are still cheaper than Sunway-Manchester. Some are around 80k only. Even though the quality might be lower, but the most important part is you can gain a different experience and exposure over there which are going to benefits you in the future.
lexiqa
post Jun 16 2010, 12:43 PM

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some unis are less famous for good reasons.

like some of my frens who went to this lousy uni, the lecturers can suka hati cancel classes very last min and never notify them (ie: notification was communicated after the fact). most times even not appear for no good reason. their classes were scheduled almost everyday about 10hrs of lectures/week but they don't even have 2-3hrs lectures at most.

whatever exposure u might have from this kind of experience will be the most creative uses of foul language when u appear in lecture halls and then u are told class is cancelled.
lhklmy
post Sep 4 2013, 10:45 AM

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QUOTE(wingcross @ Jan 3 2008, 06:49 AM)
CFP not recognized in oversea. samething goes to RFP
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CFP is globally and locally recognised in 24 countries and regions: USA, Canada, Australia, UK, Germany, France, Japan, China, Taiwan, Hong Kong, S. Korea, India, Indonesia, Malaysia, Singapore, Austria, N. Zealand, Brazil, Switzerland, Ireland, The Netherlands, S. Africa, Thailand & Columbia.

CFP - Local recognition: http://www.fpam.org.my/fpam/frequently-ask...on-in-malaysia/

CFP - Global recognition: http://www.fpsb.org/joinfpsb/fpsbmembers.html

RFP is only recognised locally.
lhklmy
post Sep 4 2013, 10:57 AM

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QUOTE(chgchksg128 @ Jan 4 2008, 01:24 PM)
CFP requirement is SPM
CFA requirement is first degree
MBA requirement is first degree....
CFA manage fund
CFP...selling fund..i saw PB fund ppl study CFP in Kasturi last time
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CFP entry requirement from 2014 is a bachelor degee! So those whitout a bachelor degree and still want to pursue CFP, better rush in to enrol with CFP education provider this year.

Kasturi no longer offers CFP.

IFPA and KMDC both are still offering CFP, but I heard IFPA only offers CFP Module 1, while for other modules, it depends on the enrolment number. Cannot find updated information about CFP offered by IFPA

KMDC (KDU Management Development Centre) on the other hand, offers full course, i.e. Module 1 to Module 6, and have 1-6 intakes for each module per semester. It has been the largest and more reputable CFP education provider for many years.

Checked KMDC web site - impressed with their detailed and up-to-date CFP information: www.kmdc.com.my

lhklmy
post Sep 4 2013, 11:01 AM

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QUOTE(chgchksg128 @ Jan 4 2008, 01:24 PM)
CFP requirement is SPM
CFA requirement is first degree
MBA requirement is first degree....
CFA manage fund
CFP...selling fund..i saw PB fund ppl study CFP in Kasturi last time
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CFP entry requirement from 2014 is a bachelor degee! So those without a bachelor degree and still want to pursue CFP, better rush in to enrol with CFP education provider this year.

Kasturi no longer offers CFP.

IFPA and KMDC both are still offering CFP, but I heard IFPA only offers CFP Module 1, while for other modules, it depends on the enrolment number. Cannot find updated information about CFP offered by IFPA

KMDC (KDU Management Development Centre) on the other hand, offers full course, i.e. Module 1 to Module 6, and have 1-6 intakes for each module per semester. It has been the largest and more reputable CFP education provider for many years.

Checked KMDC web site - impressed with their detailed and up-to-date CFP information: www.kmdc.com.my

This post has been edited by lhklmy: Sep 4 2013, 11:03 AM
siew14
post Sep 4 2013, 11:08 AM

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--deleted--

wasnt aware thread is 6 years old.

This post has been edited by siew14: Sep 4 2013, 11:10 AM
lhklmy
post Sep 4 2013, 11:15 AM

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QUOTE(siew14 @ Sep 4 2013, 11:08 AM)
--deleted--

wasnt aware thread is 6 years old.
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The tread may be 6 years old, but the topic discussed is still relevant.
wingcross
post Sep 7 2013, 04:42 PM

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QUOTE(lhklmy @ Sep 4 2013, 10:45 AM)
CFP is globally and locally recognised in 24 countries and regions: USA, Canada, Australia, UK, Germany, France, Japan, China, Taiwan, Hong Kong, S. Korea, India, Indonesia, Malaysia, Singapore, Austria, N. Zealand, Brazil, Switzerland, Ireland, The Netherlands, S. Africa, Thailand & Columbia.

CFP - Local recognition: http://www.fpam.org.my/fpam/frequently-ask...on-in-malaysia/

CFP - Global recognition: http://www.fpsb.org/joinfpsb/fpsbmembers.html

RFP is only recognised locally.
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My time, it wasn't. Not sure where i read about it. If its recognized now, then good. Better go for something recognized globally than only locally.
OrangCacat
post Sep 7 2013, 07:49 PM

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just giving my little opinion, not sure about RFP,Putting the money aside, i say CFP is better than MBA, ermmm, i won't say better, but it's slightly more valuable than MBA,

the reason behind this is you can see there are more MBA holder than CFP, so sometimes company rather hire a CFP holder

however, MBA covers a wider , a very broad range of everything, cause business is everywhere,it's basically a rojak, where everything you think of can be related to business, it's so wide. for CFP, it's more focus on investment, it's more in the learning of financial planning

at the end, it's all about money, you are looking at which certificate will provide a better return than what you've invested in at first, i'll say mba if you go for money, however, it's better to get into top school for mba like NUS for example cause this field is extremely competitive.

Sorry i have no idea bout RFP though

This post has been edited by OrangCacat: Sep 7 2013, 07:50 PM
lhklmy
post Sep 11 2013, 01:37 PM

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QUOTE(wingcross @ Jan 3 2008, 06:49 AM)
CFP not recognized in oversea. samething goes to RFP
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CFP is both globally and locally recognised, RFP is only locally recognised. Entry requirement for CFP is a bachelor degree from 2014 onwards, right now they still accept those with SPM or equivqlent.

24 Countries & Regions that recognised CFP: USA, Canada, Australia, UK, Germany, France, Japan, China, Taiwan, Hong Kong, S. Korea, India, Indonesia, Malaysia, Singapore, Austria, N. Zealand, Brazil, Switzerland, Ireland, The Netherlands, S. Africa, Thailand & Columbia

Ananais
post Oct 22 2013, 03:30 PM

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Btw, in order to pursue CFP by 2014. It requires to have at least a degree to pursue right. My question is any degrees will do to enroll in this CFP programme? For example; I have a degree in education studies, am I allow to enroll in CFP course?
8055cv
post Jun 30 2015, 10:28 PM

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This thread is quite old but still have so much relevant information.
Any one with CFP certification and mind to share how has it improve your career?
BTW, I am in the taxation industry and am thinking of taking CFP part time. :-p
FishRick
post Oct 18 2015, 06:26 PM

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Anyone selling their complete textbooks and all relevant books/tools relating to CFP course?
lhklmy
post Oct 16 2017, 05:38 PM

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QUOTE(Ananais @ Oct 22 2013, 03:30 PM)
Btw, in order to pursue CFP by 2014. It requires to have at least a degree to pursue right. My question is any degrees will do to enroll in this CFP programme? For example; I have a degree in education studies, am I allow to enroll in CFP course?
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My apologies. I hardly come back here to check postings - just found that discussions still on in this topic via Google Search. My reply is late but hope it is useful to others who are seeking the answers on this topic.

CFP, now entry requirement is a bachelor degree - any discipline. Only when it comes to certification, that is, you have completed the whole course (now it is a 4-module course), then you will have to prove you have at least 3 years of relevant work experience in financial industry to be eligible for full certification.

Exception - if you do not have a degree:

1. members of FIMM - Federation of Investment Managers with a diploma plus passed CUTE or PRS exam
2. those with at 5 years of relevant work experience, but without a degree, then go for a test by FPAM - Prior Learning Recognition Assessment (PLRA). If passed, then can gain entry to CFP programme.

Check information from these two sources:

1. Financial Planning Association of Malaysia: www.fpam.org.my
2. CFP education provider: www.kmdc.com.my
lhklmy
post Oct 16 2017, 05:41 PM

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QUOTE(8055cv @ Jun 30 2015, 10:28 PM)
This thread is quite old but still have so much relevant information.
Any one with CFP certification and mind to share how has it improve your career?
BTW, I am in the taxation industry and am thinking of taking CFP part time. :-p
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I often found this Facebook Page that I have liked very resourceful and have encountered a few postings that replied your questions - but, sorry, I cannot traced them (takes time). I suggest you check the Facebook Page: www.facebook.com/mycfp

(If I found the postings or articles, I will come back here to post it.)
lhklmy
post Oct 16 2017, 05:46 PM

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QUOTE(lhklmy @ Oct 16 2017, 05:41 PM)
I often found this Facebook Page that I have liked very resourceful and have encountered a few postings that replied your questions - but, sorry, I cannot traced them (takes time). I suggest you check the Facebook Page: www.facebook.com/mycfp 

(If I found the postings or articles, I will come back here to post it.)
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Auh! Found one - just use Google - https://www.apnacourse.com/blogs/certified-...reer-prospects/

Hope it helps.
lhklmy
post Oct 16 2017, 05:53 PM

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QUOTE(lhklmy @ Oct 16 2017, 05:41 PM)
I often found this Facebook Page that I have liked very resourceful and have encountered a few postings that replied your questions - but, sorry, I cannot traced them (takes time). I suggest you check the Facebook Page: www.facebook.com/mycfp 

(If I found the postings or articles, I will come back here to post it.)
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lhklmy
post Oct 16 2017, 05:56 PM

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One more point - for those still seeking information about CFP and its career options, I suggest you make good use of Google - I got tonnes of relevant links and information by entering these key phrases:

CFP Malaysia

CFP course Malaysia
Kadazan_Warrior
post Feb 12 2018, 02:26 AM

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QUOTE(lengchaihow @ Jan 2 2008, 11:29 PM)
Hello.    rolleyes.gif

I am thinking of further studying currently.

CFP (certified financial planner) or MBA ( Master of Business Administration in Finance) or RFP (Registered Financial Planner)

Which one would be the better alternative?

Any advice or suggestion?

Thank You.    nod.gif
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Hello.
I have a question in my mind. I'm planning to be a Certified Financial Planner(CFP). I heard that we can make money in this industry. Well, my question is...

Would any of you share what kind of job/industry i'm about to embark upon? Would you help me to get a better picture of this type of job/industry so that i have a clearer idea of what i'm about to encounter in this industry or so-called CFP thingy? Please help me to elaborate more on this job detail.
Vincent@KMDC
post Feb 14 2018, 03:25 PM

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Benefits of CFP Certification includes:
Enhance employment and career opportunities especially in the financial services industry as in banks, insurance companies, unit trust companies, asset management companies and others.
Recognition by peers and fellow professionals as having met the global benchmark for competency, ethics and professional practice standards in financial planning services.
Recognition by the public of having a professional qualification that inspires trust among financial consumers.
Recognised Globally in 26 countries and regions and locally recognised by Bank Negara and Securities Commission
Opportunity to increase revenue stream by offering more financial products and services to your clients.
Client satisfaction by providing comprehensive approach to financial planning.
Recognition and exemption by a wide number of bodies including regulators. (List of Recognition: http://www.fpam.org.my/fpam/frequently-ask...n-in-malaysia/)
Practitioners’ Workshop – Guidance and workshops to enhance professional practice.
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PM me for course enrolment!

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