WEALTH MANAGEMENT

Introduction of Wealth Management-
Concept of wealth management,
Need, features, advantages and limitations of Wealth Management, Scope of Wealth management services, Wealth management Process
Wealth Management & the Economy- Financial planning to wealth management, Difference between Financial Planning and Wealth management.
Economic cycles and Indicators- Impact on Investment.
Wealth management and impact of interest rate, currency exchange rate & the deficit on Investment.

Investment & Risk Management of Equity-
Active and Passive Exposure, Difference between Active and Passive exposure, Tracking error,
Sector Exposure and Diversification,
overview of Fundamental and Technical Analysis ,
Fundamental Valuation Approaches (Discounted cash flow- FCFF, FCFE; Enterprise value, P/E ratio, P/B ratio; Dividend discounting method)
Investment and Speculation-Overview, difference, Leveraging.
Investment & Risk Management Debt - Role of Debt, Features of debt instrument, Reasons for investment in debt security
Deposits and Debt Securities ,
Valuation of Debt Securities-YTM, Bond Duration
Yields and Interest Rate Risk ,
Interest Rate and Debt Investments,
Concentration Risk, Passive Investments in Debt.
Credit Risk - Issuance of G-Secs and Corporate Bonds;
Investment & Risk Management of Alternate Assets -Gold and Real Estate – Gold –Reasons for gold investment, Gold Route, Real estate investment route. Gold and Real estate indices

Investment product and Services-
Derivative- Types of derivative contracts – Concept and features
Mutual Fund- Concept, Types of Mutual fund schemes
Venture Capital / Private Equity Funds – Overview, difference between venture capital and private equity
Hedge Funds ,
Structured Products- Overview, characteristics
Portfolio Management Services (PMS)
Risk Management through Insurance- Risk Assessment, Need of insurance. Steps in Insurance Planning Life Insurance- Various life insurance plans and their comparison, Health Insurance-concept, Various health insurance policies and their comparison, General Insurance, Safeguards in Insurance

Investment Evaluation Framework-
Risk-Return Framework,
Measuring Risk- estimation of Standard Deviation and Beta-calculation, interpretation
Risk Adjusted Returns- Sharpe Ratio , Treynor Ratio , Alpha-calculation, interpretation
Risk Profiling & Asset Allocation- Risk Profiling, Need of Asset Allocation, Factors to be considered in asset allocation, Importance of asset allocation , Strategic Asset Allocation, Tactical Asset Allocation, Fixed Asset Allocation, and Flexible Asset Allocation.
Allocation to Speculation, Difference between asset allocation and Diversification

Financial Planning-
Role of Financial Planner, Reasons for increasing need of Financial Planning
Importance of financial planning,
Financial Planning Process,
Contract and Documentation,
Life Cycle and Wealth cycle,
Risk Profiling and Asset Allocation,
Systematic Approach to Investing (SIP, SWP, STP),
Financial Plan, Financial Blood-Test Report (FBR).
Financial Planning in India.
Financial Planning Aspects-Role of Equity in Retirement planning,
Leveraged investment in IPOs,
generating regular Income, and Funding Education needs,
Loan Against Investment Products,
Liquidity of Investment Portfolio. Maximizing Post tax returns.