CFP Certification Syllabus
Module 1: Introduction to Financial Planning
Module 2: Risk Analysis and Insurance Planning
Module 3: Retirement Planning & Employee benefit
Module 4: Investment Planning
Module 5: Tax Planning & Estate Planning
Module 6: Advanced Financial planning
There is no Exam for Module I; however questions based on this module would be included in exams for Module 2 – 5.

Probability and Statistics are tools for modelling financial markets there risks and returns. The topics are also covered in many finance exams like CFA conducted by CFA institute www.cfainstitute.org, FRM conducted by GARP www.garp.com, PRM conducted by PRMIA www.prmia.org.
A lot of candidates skip this section, finding it hard to understand. However if you see the practical application of probability you will understand its importance in finance domain.
There are a lot of real world applications of probability as can be widely seen in portfolio expected returns and variance.
Probability in broad sense is term used to indicate vague possibility that something might happen. It is also used synonymously with chance.

Everyday we come across questions on when, whether and who should give CFA, FRM exam? Does qualifying these exams ensures a job?
CFA, FRM exams are prestigious worldwide recognized degree exams. They give professional designation to financial analysts who complete a series of exams.
It’s not mandatory that you have to be a professional in finance domain to appear for this exam. These days, engineers, doctors and professionals from other backgrounds who want pursue a career in finance domain opt for these exams.
Qualifying these exams don’t ensure a job but certainly can give you an edge over others. It would be an add on qualification to your career and resume. Companies shortlist the prospective employee’s CV through searching their database on important terms like “CFA”, “FRM“, if these terms appear in your resume, your resume become’s a potential candidate’s CV.