Annexure ‘CD – 01’

Course Title- WEALTH MANAGEMENT L T P/S SW/FW No. of TOTAL

PSDA CREDIT
UNITS
Course Credit-03 Course Code-FIBA734
2 - - 2 3 3
Level: PG

Course Objectives:

The students will be exposed to various facets of Personal Financial Management specially for High Net Worth Individuals. After the course, the students will
be able to work as Relationship Manager/ Personal Financial Advisors in Banks/ NBFCs.

Prerequisites:

Students should be aware of finance concepts. Student should have the basic knowledge of financial planning and some financial products.

Course Contents/Syllabus:

Weightage

Module I Understanding Indian Financial industry

Indian Financial and Investment Industry- Basic Concepts,, The Financial System, 10%
Features of Securities and Financial Markets in India, Participants in the Indian Finance
System, Financial Services, Indian Economic Environment- Indian Economy, Economic
Policies and Macroeconomics, Business Cycles.

Module II Overview of Wealth Management and Asset class Weightage

Descriptors/Topics 20%

Financial Planning to wealth management, Tools for Financial Planning-

Planning with Personal Financial Statements- Time Value for Money,
Understanding different asset classes, Equity Stocks, Debts, Insurance, Real
estate, Alternate investments.

Module III : Risk Profiling and Asset Allocation Weightage

Understanding client and his requirements, Assessing the risk of client or 20%
assessing risk tolerance of client, different types of asset allocation, Selection
models for asset classes, Measurement techniques and MIS.

Module IV: Insurance and Retirement planning Weightage

Concept of life & health insurance, Risk management through insurance, 20%
Different products for retirement planning, managing retirement corpus.

Module V: Tax planning & Estate Planning Weightage

20%
Different strategies tax planning for clients, Deductions, Capital gain, set off
and carry forward, Dividend tax STT, Tax on various securities, Drafting of a
Will, Types, Legal Frame Work, Administration of Will, Execution of a Will

Module VI: Latest Developments, Trends and Practices Weightage

Different structured financial products shall be discussed, use of technology / softwares 10%
will be discussed, data of real time shall be taken to make students aware of latest
changes in the economy.
Student Learning Outcomes: By the end of this course the students will be able to:

• Analyse the factors that need to be considered when advising a High Net Worth client.
• Evaluate a client’s needs, assess their options, develop solutions and justify recommendations.
• Analyse the core services of a wealth management division.
• Analyse alternative investment strategies with reference to empirical evidence.
• Investigate contemporary issues that impact upon the wealth management service and assess their relevance.

Pedagogy for Course Delivery:

The basic objective of the course is to equip the students with the understanding of Wealth management strategies, Understanding client’s objectives. The
course shall be delivered through lectures, making strategies on excel, assignments shall be given, and caselets will be discussed. Students shall be encouraged
to clear various NISM certifications.

List of Professional Skill Development Activities (PSDA):

i. Risk profiling of client

ii. Asset Allocation of client
iii. Preparation of wealth plan

Assessment/ Examination Scheme:

Theory L/T (%) Lab/Practical/Studio (%)

80% 20%

Theory Assessment (L&T):

Continuous Assessment/Internal Assessment End Term Examination

(30 %) (70%)

Components (Drop down) Group assignment PPT/Questionnaire Class test Attendance

Linkage of PSDA with Preparation of wealth plan Risk profile of client and
Internal Assessment of client Asset Allocation
Component, if any
Weightage (%) 10 5 10 5

Lab/ Practical/ Studio Assessment:

Continuous Assessment/Internal Assessment End Term Examination

(____ %) (____ %)

Components (Drop down

Weightage (%)

Theory L/T (%) Lab/Practical/Studio (%) Total

80% 20% 100%

Text & References:

Introduction to Financial Planning: IIBF Taxmann

Personal Finance: Jeff Madura, Pearson Education

Any other Study Material:

 Articles from Journal of Finance

 Articles from International Journal -Finance India