Wealth Management University of Mumbai BMS 5th Sem Notes

09/04/2020 1 By indiafreenotes
Unit 1 Introduction {Book}
a) Introduction to Wealth Management:  
Meaning, Scope of Wealth management VIEW
Components of Wealth management VIEW
Process of Wealth management VIEW
Wealth management Needs & Expectation of Client’s VIEW
Code of Ethics for Wealth Manager VIEW
b) Personal Financial Statement Analysis:  
Financial Literacy VIEW VIEW
Financial Goals and Planning VIEW
Cash Flow Analysis VIEW
Building Financial Plans VIEW
Life Cycle Management VIEW
c) Economic Environment Analysis:  
Interest Rate, Yield Curves, Real Return VIEW
Key economic Indicators: Leading, Lagging, Concurrent VIEW


Unit 2 Insurance Planning and Investment Planning {Book}
a) Insurance Planning:
Meaning of Insurance VIEW
Basic Principles of Insurance VIEW VIEW
Rights and Responsibilities of Insurer and Insured VIEW
Types of life Insurance Policies VIEW
Types of General Insurance Policies VIEW VIEW VIEW VIEW VIEW
Health Insurance VIEW VIEW
Mediclaim VIEW
Calculation of Human Life Value – Belth Method/CPT VIEW
b) Investment Planning: VIEW
Types of Investment Risk VIEW
Risk Profiling of Investors & Asset Allocation (Life Cycle Model) VIEW
Asset Allocation Strategies (Strategic, Tactical, Life-Cycle based) VIEW
Goal-based Financial Planning VIEW
Active & Passive Investment Strategies VIEW


Unit 3 Financial Mathematics/ Tax and Estate Planning {Book}
a) Financial Mathematics:           
Calculation of Returns (CAGR, Post-tax Returns etc.) VIEW
Total Assets VIEW
Net Worth Calculations VIEW
Financial Ratios VIEW VIEW
b) Tax and Estate Planning:
Tax Planning Concepts VIEW
Assessment Year, Financial Year VIEW
Income Tax Slabs VIEW
Advance Tax VIEW
Carry Forward & Set-off VIEW VIEW
Estate Planning Concepts, Types of Will, Requirements of a Valid Will, Trust VIEW
Exemptions VIEW VIEW


Unit 4 Retirement Planning/ Income Streams & Tax Savings Schemes {Book}
a) Retirement Planning:
Understanding of different Salary Components VIEW
Introduction to Retirement Planning, Purpose & Need, Life Cycle Planning VIEW
Financial Objectives in Retirement Planning VIEW
Wealth Creation: Factors and Principles VIEW
Retirement: Evaluation & Planning VIEW
Pre & Post-Retirement Strategies VIEW
Tax Treatment VIEW
b) Income Streams & Tax Savings Schemes:
Pension Schemes VIEW
Annuities, Types of Annuities VIEW
Various Income Tax Savings Schemes VIEW