School of Business Management, NMIMS University

Course: Wealth Management

E & FB MBA II Yr. (2015-16)
Trim IV
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Instructors Name: Prof. Rajesh Manjrekar
Email:rajesh.manjrekar@nmims.edu
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Course Description:
Wealth Management is a course designed to help students understand the impact of
individual choices on occupational goals and future earnings potential. Real world
topics covered will include income, money management, spending and credit, as
well as saving and investing. Students will design personal and household budgets
simulate use of checking and saving accounts demonstrate knowledge of finance,
debt, and credit management and evaluate and understand insurance and taxes.
This course will provide a foundational understanding for making informed personal
financial decisions.
Course Objectives:
1. Students will increase their understanding of personal finance concepts.
2. Students will develop critical thinking skills with respect to financial planning
concepts.
3. Students will appreciate the awesome power of compound interest.
4. Students will apply the knowledge gained to their personal financial situation.
5. Students will become financially responsible adults who save regularly and use
credit wisely
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Evaluation Criteria (in marks)
Final Examination 50
Project
Quiz

25
15

Class participation 10

Session 1 & 2

Session 3 & 4

Introduction to personal financial planning: Basic concepts, present

state economy and why it is important, current system of financial
planning and future growth
Case 1
Working out an actual case for wealth management
Achieving Financial Goals
Understanding the financial mathematics behind the process of
achieving the goals

Session 5

Understanding the Personal Financial Planning Process, Steps involved in

the planning process, setting financial goals, implementing the financial
plan, Planning life cycle

Session 6 & 7

Case 2
Working out an actual case for wealth management
Achieving the correct asset allocation mix
Understanding the financial mathematics behind the process of
achieving the goals

Session 8

Risk Analysis & Insurance Planning

Session 9 & 10

Case 3
Working out an actual case for wealth management
Achieving the correct goal in insurance planning
Understanding the financial mathematics behind the process of
achieving the goals in insurance planning
Investment planning: Investment vehicles, Investment strategies,
application to clients actual cases

Session 11
Session 12 & 13

Case 5
Working out an actual case for wealth management
Achieving the correct goal in insurance planning
Understanding the financial mathematics behind the process of
achieving the goals in insurance planning

Session 14

Retirement Planning and Employee benefits: Introduction to retirement

planning, retirement planning strategies

Session 15 & 16

Case 5
Working out an actual case for wealth management
Achieving the retirement planning goal
Understanding the financial mathematics behind the process of

achieving the goals in retirement planning

Session 17

Session 18 & 19

Session 20

Preparation of Personal Financial Plan for Wealth Clients

Guest speaker session of Family office business
Case 6
Working out an actual case for wealth management
Typical features of planning for a wealthy family
Final Presentations

Recommended Text:
1. Planning your personal finance - Joehnk, Bilingsley and Gitman (Cengage
Learning)
2. Basics of Financial Planning I IBF
3. A professional approach to Income Tax GirishAhuja
4. InvestmentAnalysis& Portfolio management Dr.Prasanna Chandra
5. Life Insurance - Insurance Institute of India
6. Principles of General Insurance - Insurance Institute of India
7. Personal Finance Diana B and Warren M
References:
1. Principles of Insurance - Insurance Institute of India
2. Financial Planning MadhuSinha
3. Personal Finance Jack R.Kapoor
4. CFP Academy Material
Internet References:
1.fpsbindia.org 2.moneycontrol.com 3.myiris.com
4.apnaloan.com 5.bimaonline.com 6.investopedia.com