Certified Financial Marketing Professional (CFMP) Practice Exam
Certified Financial Marketing Professional (CFMP)
Certified Financial Marketing Professional (CFMP) exam has been designed for marketing professionals earned in the finance field. The exam has been created by the American Bankers Association, the largest banking trade association in the U.S.
The Certified Financial Marketing Professional (CFMP) exam exhibits a financial marketing professional’s knowledge base and level of expertise in the financial marketing field. Certification holders also receive access to the ABA’s Continuing Education (CE) Database.
Exam Requirements
Candidates must submit an application and fees for the exam.
- They also must pass the CFMP exam and meet all other eligibility requirements.
- Application fee is $100, while the exam fee is $550 and retakes cost $300.
- In case you are eligible to take the exam within two weeks. If you are denied access to the exam, you’ll be refunded your exam fee, minus the $100 application fee.
Eligibility Requirements
- Candidate must have at least two years’ experience in financial services marketing
- Candidate needs a bachelor’s degree in business, economic, or marketing
- Candidates must complete the American Bankers’ Association Bank Marketing School.
- Also, a candidate can have a total of five years of experience in marketing. But three of those years must be in the financial marketing sector.
To maintain the CFMP designation, marketing professionals must complete 36 credits every three years. Recipients earn credits via the ABA Bank Marketing School or conferences. They also pay a $249 annual renewal fee.
Exam Details
- Exam Type: Computer-based CFMP exam
- Exam Questions: 150 multiple-choice questions.
- Exam Duration: Candidates have a maximum of three hours to complete it.
- Result Declaration: Candidates are provided calculators on-site, and scores are delivered 6 weeks after the exam date.
Course Outline
- Risk management
- Customer experience and sales,
- Revenue generation planning,
- Branding and communications,
- Product development and delivery channels.
If you fail the CFMP exam, you can retake it after 90 days. However, you’ll have to pay the $300 retake fee. But candidates can take the exam as many times as they need to in order to pass.
