About the course Objectives Pedagogy Faculty Suitability Eligibility

Venue & Duration Admission Procedure Fees Registration Course Content Application Form

About the course
The Indian financial markets have become increasingly complex and competitive in the post-economic liberalisation era. A plethora of financial products has flooded the Indian markets with varying risks and returns. Making the right choice of investment has become a very difficult task. Aims and aspirations of individuals and families have grown in leaps and bounds. Inflation rates are increasing by the day and social security measures are declining. To secure the future has become a challenge.

In this dynamic scenario, it is only the well-read and well-trained practitioner who can guide for a secured financial future. “Financial Planning and Wealth Management”, a professional development certificate course, is a well-conceived and aptly tailored educational activity for an individual who intends to pursue his interest in this sphere. 

• To equip participants with the various financial tools & techniques used in the financial planning
• To provide a hands on experience in developing comprehensive financial plan models
• To impart knowledge on wealth management practices

Pedagogy
The course would be delivered through classroom teaching, real-time case studies, hands on experience and Do-It-Yourself – Financial Planning. Candidates would be evaluated on a continuous basis through examination, assignments and project / case studies. In order to obtain the Certificate, candidates have to secure minimum marks, as stipulated by the Institute.

Faculty
The team of faculty members teaching this course will be a blend of academicians, practitioners and Certified Financial Planners (CFPs).

Suitability
This course is ideally suited for middle and senior level executives from banks, mutual funds, insurance companies; distributors of insurance, pension & MF products; Professionals such as CAs, ICWAs, Investment and tax consultants etc.; and to those who want to pursue financial planning as an independent profession

Eligibility
Any graduate with the right aptitude. The selection of the candidate would be based on personal interview. The Institute reserves the right of admission to the course.

Venue & Duration
The course will be conducted at the Institute during the weekends (Saturdays and Sundays). The course commences on Saturday, 6th January 2007 and will go on for 12 consecutive weekends, i.e. upto 25th March 2007. Timing of the course would be 10.00 am to 6.00 pm. There would be more than 150 hours of classroom teaching / case studies. The Institute reserves the right to make changes to the course as it deems necessary.

Admission Procedure
Eligible participants interested in pursuing the course may apply for admission into the course by submitting the Application Form. The said form can be downloaded at www.utiicm.com. The Application form, filled in all respects, should be sent to the address given below alongwith a Demand Draft / Pay Order (DD/PO) for Rs.300/- (Rupees Three Hundred only) drawn in favour of the “Indian Institute of Capital Markets” payable at Mumbai. Applicants may also obtain the Application form by making payment of Rs.300/- through DD/PO drawn in favour of the “Indian Institute of Capital Markets” payable at Mumbai. The application fee once paid is non-refundable. On its realisation, the participant would be called for a personal interview. Based on the feedback, the participant may be permitted to take admission to the course. No correspondence, whatsoever, regarding non-selection will be entertained. The Institute’s decision is final and binding.

Fees
The fee for the course is Rs.35,000/- (taxes would be additional – approximately 12.24% of the fee). The fee includes books, reading material, case studies, lunch, tea, coffee and snacks. It is a non-residential course*. Fee is to be paid by way of a DD / PO drawn in favour of the “Indian Institute of Capital Markets” payable at Mumbai. Fee once paid is non-refundable. Fees can be paid in two instalments of Rs.20,000/- (at the time of admission) and Rs.15,000/- (within one month of commencement of the course) plus applicable taxes. Candidates failing to pay the fees within the set time limit will not be permitted to attend the class and interest @ 15% p.a. will be levied on the delayed period.

*Participants interested in availing weekend residential facility at Institute’s hostel during the course can avail the same subject to availability and on payment basis.

Registration
For registration to the course, please forward your Application Form to:

Mr. A. V. Sankar
Indian Institute of Capital Markets
(formerly UTI Institute of Capital Markets)
Plot No. 82, Sector-17, Vashi, Navi Mumbai- 400 705
Phone: (022) 2788 3013/3000 (B) Fax: (022) 2789 2824/6863
E-mail: utiicm@vsnl.com, Website: www.utiicm.com

Course Content
The course is divided into eight modules. The details of the modules are given below:

Modules Brief contents Module 1 Satellite View of Financial Planning & Wealth Management Introduction to Financial Planning (FP) - the six-step process Introduction to Wealth Management - Global development, players & products Module 2 Financial Markets Equity Market Debt Market – Government & Corporate Debt Derivatives – Financial, Commodities & Foreign Exchange Real Estate Mutual Funds Insurance Bullion Market Real Estate Module 3 Financial Mathematics Time Value of Money – Present Value, Future Value, Compounding annuities – exercises in Excel Introduction to Risk & Return calculations – Arithmetic & Geometric returns, Standard Deviation (volatility) Bond valuation Performance Evaluation of mutual funds Pricing of derivatives Hedging, Option strategies, Value at risk, Risk management practices Portfolio performance measures Module 4 Products, Return & Risk Equity Debt Futures Options Growth Funds, Balanced Funds, Special Funds Life insurance products and Non-Life insurance products Gold, Silver, Diamonds, other precious metals Real Estate Investment – Units Module 5 Economics for Finance Fiscal & Monetary Policies Inflation & Interest Rates Other Economic indicators Module 6 Income Tax and Estate Planning Income Tax Planning including NRI Tax planning, Double Taxation Treaty Avoidance, FEMA (relevant clauses only) Ethical considerations Forms of taxation, deductions and rebates Tax planning strategies Identifying Estate needs Management of Estate Creation of trusts Module 7 Financial Planning including Retirement & Insurance Planning Ethics and Professional considerations in financial planning Assessment of risk and client behaviour Cash flow planning Personal Financial Statement analysis Insurance Planning Retirement Planning Asset Allocation strategies Drawing up financial plans Case studies Module 8 Wealth Management including Portfolio Management Scope of operations Distribution channels Regulatory environment Future developments Creation of Portfolios Introduction to Portfolio Management Case studies on PMS