Certified Financial Marketing Professional Exam FAQs

What are the main objectives of Certified Financial Marketing Professional exam?

The objectives of Certified Financial Marketing Professional exam are as follows:

Data and Analytics
Leadership Skills and Strategy
CX, Communication and Branding
Risk Management and Compliance
Ideation and Generation of Revenue

Which type of questions come in the CFMP exam?

150 Multiple choice questions come in the CFMP exam.

How much time will be allotted for the Certified Financial Marketing Professional exam?

Three hours are allotted for the completion of exam.

Why should I get a CFMP certification?

The Certified Financial Marketing Professional certification helps you stand out from other bank marketers. It not only acts as an evidence of your expertise in the bank marketing sector but also gives you a valuable recognition in the industry. Holistically, it gives a boost to your career as a bank marketer. Thus, the CFMP certification is worth taking.

What are the necessary requirements for the Certified Financial Marketing Professional exam?

In order to appear for the CFMP exam, you should fulfill either of the following requirements:

Minimum three years of experience in financial services marketing or a Bachelor’s degree with an economics, business or marketing-related major.
Completion of the ABA bank marketing school.

Experience in professional marketing of five or more years which must include a minimum of three years in financial services marketing.

How to schedule a CFMP exam?

For scheduling the exam, one can reach out to the official website of American Bankers Association and follow the steps given below:

1: Examine the eligibility requirements to see if you can apply.

2: Review the available exam dates.

3: Buy the exam and do the payment using a credit card. Also, you are prompted to create a Certifications Manager account.

4: Once the purchase is done, submit the application that appears.

Within two weeks from purchase, you’ll receive an approval/denial via mail.

Are there any books that can be followed for preparation of the CFMP exam?

Yes, you can go through the textbook called Marketing Financial Services, American Bankers Association for thorough preparation for the exam.

Is this a computer-based test?

Yes, the exam is computer-based and is offered at Scantron Test Sites.

When do the results of the Certified Financial Marketing Professional exam arrive?

An instant Pass/Fail outcome is given at most of the sites and the official score results are mailed within 6 weeks after the exam window closes.

What is the fee for rescheduling the exam?

Before the due date of application, no fee is charged for rescheduling the exam. After the due date of application, $50 fee is to be given to Scantron. Also, no changes are done before 2 or less days prior to exam and even the entire fee is forfeited.

What is the syllabus for CFMP exam?

The entire syllabus is distributed in the following domains:

1: Data, Research and Management (20%)

2: Strategy (21%)

3: Revenue Generation (20%)

4: Communication and Branding (25%)

5: Risk Management (14%)

What are the reliable study resources for the CFMP exam?

You can avail the CFMP online preparation course offered by ABA. This training program leverages the same knowledge domains that are on the actual exam.
You can also reach out the Bank Marketing School that will help you move beyond the basics and gain industry-specific knowledge in marketing that will improve your leadership skills and will boost your knowledge to the next level.
You can also study from books. The book called Marketing Financial Services by American Bankers association is a text that provides thorough knowledge of marketing concepts along with special requirements for financial marketing services.

Any online source to prepare for the CFMP exam?

Well, ABA provides their online preparation training course that provides audio and video lessons, readings, along with an online discussion board. They also provide you virtual instructors for better services. This online course can be completed at one’s own pace and is really beneficial for exam preparation from a basic level.

Where can one find sample questions for the CFMP exam?

Many sample papers are available online. The American Bankers Association offers sample questions for the Certified financial marketing Professional at their official website. Some of which you can find here: Sample questions . Practicing these questions gives a fair idea of the questions that are asked in exam and is therefore really beneficial.

Where to get the sample practice tests for the CFMP exam?

Internet is flooded with a variety of practice tests for the Certified Financial Marketing Professional exam but it’s important to go for the most reliable ones. Testpreptraining.com provides unique sets of professionally designed questions in their practice tests that are of great help in polishing knowledge. These practice tests help the candidate in evaluating their preparation and building confidence such that the actual exam seems no different but like any other practice test.