SYLLABUS

¨          Define Wealth, Meaning and Scope of Wealth Management.

¨          Wealth Cycle.

¨          Wealth Management Process.

¨          Introduction to Financial Literacy.

(B)     Savings and Investments:

¨          Introduction, Nature and Scope of Saving and Investments Objectives of Saving and Investment (Tax Saving, Income and Growth of Capital).

¨          Investment Alternatives.

¨          Investment Attributes.

¨          Approaches to investment decision making.

¨          Qualities for successful investment.

¨          Alternatives to Investment decision – Direct and Indirect.

¨          Meaning and Scope of Wealth Management Strategy.

¨          The Unwealthy Habits.

¨          Philosophy of Wealth Creation and Management.

¨          Need for Planning.

(B)     Investment Planning:

¨          Types of Investment Risk.

¨          Risk Profiling of Investors and Asset Allocation (Life Cycle Model).

¨          Asset Allocation Strategies (Strategic, Tactical, Life Cycle based).

¨          Goal based Financial Planning.

¨          Active and Passive Investment Strategies.

¨          Introduction.

¨          Role of Financial Planner.

¨          Process of Financial Planning.

¨          Cash Flow Analysis.

¨          Financial Planning in India.

¨          Financial Blood Test Report.

(B)     Financial Mathematics:

¨          Calculation of Returns (CAGR, Post-tax Returns, etc.).

¨          Calculation of Total Assets.

¨          Net Worth Calculations.

¨          Meaning and Objectives of Retirement Planning.

¨          Gifts and Trust, Charity Planning.

¨          Avoidable Mistakes in Retirement Planning.

¨          Power of Attorney for Asset Management.

(B)     Estate Planning:

¨          Meaning and Scope.

¨          Need for Estate Planning.

¨          Tools for Estate Planning.

¨          Considerations for Personal Property and Collectibles.

(C)     Insurance Planning:

¨          Meaning.

¨          Basic Principles of Insurance.

¨          Functions and Characteristics of Insurance.

¨          Rights and Responsibilities of Insurer and Insured.

¨          Types of Life Insurance Policies.

¨          Types of General Insurance Policies.

¨          Health Insurance – Mediclaim – Calculation of Human Life Value / Belth Method CPT.