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

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lexiqa
post Jun 10 2010, 02:16 AM

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From: KL
QUOTE(lengchaihow @ Jan 5 2008, 04:23 PM)
How about RFP (Registered Financial Planner) ???

Can someone tell me about RFP??
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RFP is regulated and conferred by the Malaysian Financial Planning Council (MFPC) within msia.

this is a professional cert recognised ONLY in msia.

read further here--->RFPhttp://www.mfpc.org.my/index.php?option=displaypage&Itemid=33&op=page#CourseModules

compare RFP with CFP, CFP is internally recognised.

further reading on CFP --->WIKI CFPhttp://en.wikipedia.org/wiki/Certified_Financial_Planner

CFP is regulated and conferred by FPAM---> FPAMhttp://www.fpam.org.my/fpam/certification-and-standards/home/certification-process/

QUOTE(Darkmage12 @ Jan 6 2008, 12:40 AM)
you need to have CFP only can be  RFP right?
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no.

BUT u can get certain exemptions for RFP after u done ur CFP (or other related degrees/professional papers) and not the other way around.

u can choose to do RFP first then do CFP but since got exemptions, better do CFP first if u want to get RFP title later also. smile.gif

QUOTE(danes007 @ May 28 2010, 06:05 PM)
I'm a spm leaver and i'm currently interested in finance sector. So, which course should i choose? which course would be a better choice in terms of job prospect,salary, work type and etc. Currently, my option is pursuing financial engineering degree at mmu or maybe i can go for CFP but i'm not sure about the requirement yet. thanks in advance.  hmm.gif
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u can only start CFP at age 21 minimum.

so, best advice is, do ur degree first.

QUOTE(POYOZER @ May 29 2010, 01:19 AM)
I prefer MBA because I am a business minded. I don't care about the professional certificate because I don't want to work under people.

So, I believe it is depend on the needs and goal.
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getting a professional cert MEANS don't need to work for other ppl if u want lar.

u'll have the license to open ur own firm with it ald.

QUOTE(lhklmy @ Jun 9 2010, 12:03 PM)
For SPM qualification, you can do CFP, not CFA (requires a first degree), and not MBA unless you have accumulated lots of experience in work as an executive/manager.  In many advanced countries, you will need a first degree to pursue CFP but not in Malaysia.

These days, more and more people opt for professional certification. IMO, if you have a degree or MBA, it is good for your career if you are professionally certified too. This will give you an edge. If you do not have a degree, then professional might be a good choice, provided you are clear about your career goal.
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yep. this is bcoz FPAM is trying to encourage more ppl to get CFP in msia first.

IMO, professional certs are great extensions to what u learnt in ur degree/diploma. wub.gif
lexiqa
post Jun 16 2010, 02:38 AM

On my way
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Senior Member
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Joined: May 2010
From: KL
oops!

just saw a typo. "compare RFP with CFP, CFP is internally recognised."------>shld be "CFP is INTERNATIONALLY recognised"
lexiqa
post Jun 16 2010, 12:43 PM

On my way
****
Senior Member
525 posts

Joined: May 2010
From: KL
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.

 

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