EFA – European Financial Advisor


The EFA or “European Financial Advisor” certificate is one of the quality standards in the financial advisory industry. It is a prestigious title in the field of finance, financial planning and consulting, which is particularly suitable for financial advisors who focus on more demanding clients and want to continuously improve their quality. This specialized training course is a unique form of education and a great tool for professional development as a financial advisor. The certificate is delivered through the EFA Association’s accredited study programme, which is the exclusive provider and umbrella organisation for the financial advice and planning industry.

The EFA certification training course is ideal for professionals who want to gain a broader knowledge base, deepen their client relationships, earn more and offer unparalleled expertise in financial planning.

The starting point of the course is to clarify the impact of preferences, life cycle stages and risks in developing a personal financial plan. The graduate of the course is equipped with the knowledge to deal with modified versions of the financial plan and its crisis management. Upon completion of the course, the student will be equipped with the knowledge and competencies to manage personal finances. The competences acquired in this course are applicable for personal development and in positions in financial institutions in the field of personal counselling.

Key benefits

An EFA is a type of financial advisor, but one that comes with a certified designation that demonstrates in-depth knowledge of financial planning. Most people who earn the EFA certification work as financial advisors. These specialists often focus on investments. They may also offer advice in areas such as pensions, tax, insurance and risk management.

Certification in financial planning can help you in the following ways:

Basic information:

  • 10 weeks
  • English
  • On-line
  • € 2800
  • Anytime


Students have access to an online library with more than 10,000 professional publications, books and professional papers.


For whom the course is suitable

The EFA course is suitable for those who want to improve their knowledge and skills in financial advice and planning. The EFA certification is considered the gold standard in financial advice and planning.

Added value

In today's competitive financial planning environment, you need to stand out from the crowd and demonstrate your value to current and potential clients. By completing an EFA course, there is the potential to grow more income and more clients.


The certificate course is a highly respected financial planning credential that allows you to grow your practice and expand your portfolio of business, and is the foundation for pursuing deeper and more specialized financial education.


Completing an EFA Certificate course will enable you to build long-term, trusting relationships with clients and institutions. Completing the EFA course supports the growth of an extensive professional network and a consistent code of conduct for advisors.

What you will learn in the course

Financial planning and principles

Upon completion of the course, the student will be equipped with the knowledge and competencies to manage personal finances. The competencies acquired in this course are applicable to personal development and to positions in financial institutions in the area of personal counseling. The course covers the influence of preferences, the life cycle of personal finance, the nature of financial planning and its role in managing personal and family finances. The course also focuses on a detailed explanation of the areas of lending, saving and investment, as well as risk and hedging against it.

Tax systems and optimalization

This course aims to introduce the design of the tax system and teach basic tax administration techniques. By studying this course, students will gain a comprehensive overview of tax issues in the European Union and the ability to deal with specific tax situations independently. Students will gain an overview of the subject of tax, the tax base, and the formalities involved in proving reported tax liabilities. The course provides a comprehensive overview of tax issues in the EU, highlights the procedures of searching and using the tax system in order to reduce tax - the so-called tax optimization.

Capital budgeting and investment appraisal

The aim is to provide candidates with a critical understanding of the capital budgeting process to enable them to make informed, reasoned and sustainable capital investment decisions. At the end of this module you will be able to demonstrate a critical understanding of the process of evaluating long-term investments; identify, calculate and apply relevant cash flows and cost of capital within an investment; critically understand the impacts of taxation, inflation and working capital on investment planning and on the cash flows used in evaluating capital investments; and identify and apply appropriate measures of risk and uncertainty in evaluating investments.

Valuation and appraisal of real estate

The aim of this course is to enable candidates to understand and appreciate the basic principles of economic theory and investment, the role of the media and the major institutions in the market and how they operate. The role of the valuer and valuation approaches and methods will be introduced to enable candidates to understand the main purposes and fundamentals of value used in the valuation profession. Candidates will also learn to construct and apply valuation and financial formulae in the context of property valuation and appraisal.

Investment analysis and portfolio management

Investment analysis and portfolio management is a growing field in finance. The objective of this course is to better understand the various concepts/principles related to investment analysis and portfolio management. It is a core course focusing on investments and risk. It introduces students to the basic principles of investment analysis and portfolio management theory and techniques and covers the main issues of interest to investors today. The curriculum includes the following topics: the global investment environment, portfolio theory and practice, fixed income securities, securities analysis, derivatives analysis and the derivatives market, asset management evaluation, applied portfolio management.

Financial markets and institutions

The course focuses on the study of the fundamentals of financial markets and financial instruments, the features of the formation of modern financial markets, the practical application of financial instruments, and the types of financial institutions and their roles and functions in financial markets. The knowledge, skills and competences acquired during the study of this course will be useful for professionals in the fields of finance and banking and foreign exchange in solving various problems of an administrative, analytical, research, clearing and economic nature. It will also be useful for financial concepts and the application of analytical tools in the development of financial strategies.


This course introduces students to a wide range of information in the field of insurance. In addition to knowledge of insurance theory and insurance law, graduates will gain information about insurance products, and the course covers the procedures needed in the provision of the full range of insurance services and the activities of insurance intermediaries. In addition to the history of the insurance industry, the course also covers the principles and operation of life and non-life insurance and other products.

Retirement planning

This course examines how best to prepare for old age so as not to be destitute when we retire and how to provide for our old age. The course focuses on savings and investment products that can provide an optimal level of income in retirement. The course also covers planning, goal setting and estimating retirement income. The course looks in detail at the area of financial reserving, which is closely related to financial planning.

Banking products

The aim of the course is to introduce students to the technical terminology in the field of banking products and financial services, central and commercial banking and the principles of commercial banks, as well as the structure of the banking market. The course discusses in detail the types of banks, their operation and establishment, and also looks in detail at individual banking products and banking operations. The course also focuses on international banking operations, the resource structure and other specific aspects of the banking sector.

Legislation, regulation and ethics in investment

The aim of the course is for students to acquire not only knowledge, understanding and skills in financial markets and capital markets law, but also specific knowledge and information from financial activities in the capital market and stock exchange practice. The course teaches students to identify and analyse situations and problems in the regulated financial market, especially in the field of stock exchange. Students will learn to analyze and present organizational, economic, and legal arguments in the field of regulated financial markets. By completing the course, the student will gain a detailed knowledge not only of the basic issues related to securities and book-entry securities, but also of the peculiarities of contracts whose subject matter is securities and book-entry securities, the rules for keeping records of book-entry securities or the specifics of the legal regulation of individual types of securities.

Executive course tuition fee

If you are ready to take your career and personal life up a notch and want to get an education with an innovative and practical approach, don’t hesitate to apply!

Course tuition: € 2800

Payment can be made in one lump sum or spread over up to 3 interest-free instalments. A first instalment of € 1000 is always required before the start of the course.

The tuition fee includes all study materials, access to all seminars or online lectures organised by the European Institute of Finance & Management and the issue of an EFA accredited certificate.

5% discount
If the student decides to pay for the course in one lump sum before the start of the course, a 5% discount will be applied additionally to the course price.

About the certificate

Upon successful completion of the EFA – European Financial Advisor course, you will receive a certificate of completion from the European Institute of Finance & Management. This course is accredited by the European Financial Advisors Association, the umbrella organisation for educational courses in financial advice and planning.

The course is divided into 10 modules that cover the important subjects of financial planning and advice. Each module ends with an online test. Upon successful completion of all 10 modules, the student writes a final paper that is on a practical topic, chosen according to the student’s preference or focus, containing important knowledge and skills that the student has capitalized on while taking the course. The tutors of each course are available to students at all times.

The certificate will be issued in your legal name and will be sent to you on successful completion of the course as per the requirements set out to the address you have provided on the course application form. The certificate has unlimited validity and can be used throughout your career.