Syllabus

Module 1 : Introduction to Financial Planning

It covers the six-steps process which includes:

  • Financial Planning process
  • Client interactions
  • Time value of money applications
  • Personal financial statements
  • Cash flow and debt management
  • Asset acquisition
  • Education planning
  • Overview of risk management
  • Investment planning
  • Retirement planning
  • Special circumstances
  • Plan integration
  • Ethics and business aspects of financial planning

 

Module 2 : Risk Analysis and Insurance Planning

  • Risk management and insurance decisions in personal Financial Planning
  • Identifying client’s exposures to Mortality, Health, Disability, Property, Liability and long term care risk is emphasized
  • Selecting the appropriate risk management technique
  • Insurance pricing
  • Various Insurance policies & strategies:
    • General Insurance
    • Life Insurance
    • Motor Insurance
    • Medical Insurance
    • Insurance of business risk
    • Regulation of Insurance Industry

 

Module 3 : Retirement Planning and Employee Benefits

  • Retirement need analysis techniques
  • Development of retirement plans
  • Various retirement schemes such as:
    • Employees Provident Fund (EPF)
    • Public Provident Fund (PPF)
    • Super Annuation Fund
    • Gratuity
    • Other Pension Plans, Post Retirement Counselling

 

Module 4 : Investment Planning

  • Risk Return Analysis
  • Mutual Funds
  • Derivatives
  • Asset Allocation
  • Investment Strategies
  • Portfolio Construction & Management
  • Regulation of an Investment Advisory

 

Module 5 : Tax and Estate Planning

Tax Planning :

  • Income Tax Computation
  • Capital Gain & Indexation
  • House property
  • Deductions & Allowances
  • Non Resident Indian Tax Laws
  • Tax Management Techniques

Estate Planning :

  • Wills, Trust, Indian Succession Act
  • Power of Attorney
  • Joint ownership of property

 

Module 6 : Advanced Financial Planning

  • Establishing client planner relationship
  • Analyze client objectives, needs & financial situation
  • Developing the financial plan
  • Implementing the financial plan
  • Monitoring the financial plan