Short Term Finance certification courses

There is absolutely, no denying the fact that – having a Powerful Certification on your CV gives you an unmatched advantage over your peers (your competitors!). Short term Finance certification courses help in getting your CV shortlisted, gaining an impressive CV pointer to guide your interview, top-up with practical job oriented skills and be JOB READY.

We are pretty sure, you are in complete agreement with this. Otherwise, you wouldn’t be reading this article.

The Questions are:

Which Short term Finance certification courses to take up? What are the options available?

Which certification gives me the best ROI? How much do I have to shell out?

Which certification will give me the practical knowledge? How much time do I have at hand?

Here’s the list of certification courses , you can add value to your CV with:

1. Chartered Financial Analyst (CFA):

short term finance certification for an mba student

Career options after doing CFA

This is not a Short term Finance certification course, actually. It’s more of a parallel MBA. Administered by the US based CFA Institute, Chartered Financial Analyst (CFA) is the benchmark for Finance Professionals, across the globe. Spread across 3 levels, it is ideal for MBA/other  students aspiring for a Financial Markets based career in Wealth Management, Investment Banking, Portfolio Management and Research Analysis

While clearing all the 3 levels requires four years of professional work experience, an MBA student can consider clearing CFA – Level I, which does not have any restriction on minimum work ex.

Recommended learning hours: About 300 hours of self-learning, per level.

Examination frequency: Twice a year – June and December ( 8 Testing centers across India)

Total Cost:

One-time Registration fee for all 3 levels: $ 450 (INR 29,250)Number of hours spent on CFA

Level I Examination Fee: a maximum of $1380 (INR 89,700)**

Also, do consider the training cost to prepare for Level-1 examination. Institutes charge anywhere between INR 30,000 – 50,000 for a CFA training.

(Considering the fess for CFA 2017 & exchange rate per $1 at INR 65)

**The exam fees varies in the range of $650-$1380, depending how early your register for the exam.



2. Certified Financial Planner (CFP):

Short term Finance certification courses

If Financial Planning (Retirement Planning, Insurance Planning, Investment Planning, Tax & Estate Planning) is where you wish to spend your professional life in – this prestigious International Certification awarded in India by Financial Planning Standards Board of India (FPSB) is the ideal choice.

There are two pathways – Regular Status & Challenge Status; to achieve a CFP certification. If you are pursuing your MBA currently, you will be eligible for the Regular Status Pathway. (Eligibility Details)

The Regular pathway has a set of 5 examinations ranging from Risk Analysis and Insurance planning to Advanced Financial Planning.

Recommended learning hours: 250 hours

Examination frequency: Thrice a Year at 155 NCFM testing centers

Total Cost:

Registration & Examination fee: INR 20,000

Annual renewal fee of INR 6000

Account for the training costs additionally



3. FLIP Certifications:

short term finance certification course

A high quality ‘Made in India’ option, it has 65,000+ alumni – students and working professionals, since 2010, including 4,500+ IIM Alumni. FLIP offers India’s only Recruiter endorsed , job oriented training & certifications in BFS. Leading banks & FIs’ endorsement  “We prefer/give weightage to FLIP certified candidates”, along with their logos, appears on every FLIP certificate.

With courses written practicing Industry professionals, FLIP’s training offers exclusive practical expertise you won’t get elsewhere.

At the basic level, FLIP’s Finance & Banking Fundamentals course gives a foundation on critical finance concepts; how financial markets work and an overview of the banking business. (View details). It’s a very popular short term finance certification course and is the choice of thousands of B School aspirants and first years.

As per your inclination in specialization, FLIP also offers training & certifications in 26 advanced, aspirational areas like Investment Banking, Risk Management, Capital Markets, Wealth Management, Corporate Banking and Banking Operations.

You can also add tremendous value to your CV with FLIP-NCFM programs. The FLIP courses will help you clear the FLIP NCFM certifications (offered by NSE).

Speaking of FLIP certified candidates, Mr. Somak Ghosh, Managing Partner – Contrarian Capital (earlier Group President @ YES Bank & Co-CEO at Motilal Oswal PE) said

“FLIP Certified candidates come with practical, India focused knowledgewhich a CFA does not give. They come better prepared and hit the ground running much faster than other candidates who do not have the relevant certification. I would strongly prefer FLIP Certified candidates over others (all else being equal)”

Recommended learning hours: 30-50 hours, at your own pace

Examination frequency: Available through the year, at 36 centers across India

Total Cost:

Online Learning+ Unlimited support + Examination + Certification: INR 5000 – 12,000



4. Financial Risk Manager(FRM):

Financial Risk Manager - FRM

 Offered by the Global Association for Risk Professionals (GARP), the Financial Risk Manager(FRM) is a globally recognized certification in Risk Management. The certification will help you in roles like Risk Assessment, Financial Risk Consultant, Risk Management, Asset Liability Management etc.,

Of course, given the cost and effort, it is a worthwhile investment only if you’re sure of your interest in Risk Management. 

The examination is conducted in two parts – Part I & Part II. While there is no pre-requisite educational qualification, in order to obtain the final certification, you are expected to produce at least 2 years of relevant full-time work experience. 

Recommended learning hours: 250 hours/Level

Examination frequency: Twice a year (June & November), 9 testing centers across India

Total Cost:

One-time registration fee: $300

Examination fee (Level 1): $650**

Examination fee (Level 2): $650**

Training Material cost: $300/Level

The total cost to complete both the levels will come down to INR 1,43,000

** The exam fees varies in the range of $350-$650 per level, depending how early your register for the exams.



5. NCFM Certifications:

Certification in Financial Markets by NSE

The National Stock Exchange (NSE) in 1996 launched the NSE’s Certification in Financial Markets (NCFM) as an online testing and certification initiative.

The short term finance certification courses are oriented towards roles like Stock Analysts, Portfolio Managers etc. – they have a wide range.

With an exhaustive list of offerings spread across three levels (Foundation, Intermediate and Advanced) these Short-term Finance certifications can be a good value add . However, note that, there is no training as such. You download a pdf and then give the certification. View all Modules

They do however, offer effective training for the FLIP-NCFM modules like Equity Research, Issue Management and Market Risk, check out FLIP’s online training courses here. The online courses in finance will equip you with the necessary knowledge to clear these certifications.

Recommended learning hours: 30 – 50 hours, at your own pace

Examination frequency: Available through the year, at 155 NCFM testing centers

Total Cost:

Certification Exam cost: INR 1700




Comparison of short term finance certification courses from an MBA student


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7 thoughts on “Best Short-term Finance Certification courses for an MBA student

  • October 10, 2017 at 7:05 am

    Thanks alot.. It was truly very helpful and give you a clear idea about all the certifications

    • November 28, 2018 at 3:51 pm

      which course is best for me. i have done MBA (FINANCE)

      • December 3, 2018 at 7:06 am

        Dear Sushant, Thank you for getting in touch with us. Please mail your contact number at – Our representative will get in touch with you to understand your profile and suggest the right course for you!

  • January 2, 2018 at 5:48 am

    best course in finance after mba

  • September 14, 2018 at 4:54 am

    Give me information about certified finance course after graduation

  • October 26, 2018 at 7:12 pm

    Many students are willing to take those courses, but they are not aware of that, so kindly markets your self with all B schools in India so that unused brains can give u best IDEAS

  • November 17, 2018 at 6:19 am

    Want to know about the short term course after MBA Finance.


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