NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Marketing of Financial Services

Internal Assignment Applicable for June 2023 Examination

Assignment Marks: 30

Instructions:

 All Questions carry equal marks.

 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for
attempting their assignments, but are not allowed to copy the matter as it is from the
source of reference.

 Students should write the assignment in their own words. Copying of assignments from
other students is not allowed

 Students should follow the following parameter for answering the assignment questions.

For Theoretical Answer For Numerical Answer

Assessment Parameter Weightage Assessment Parameter Weightage
Introduction 20% Understanding and usage 20%
Concepts and Application 60% of the formula
related to the question Procedure / Steps 60%
Conclusion 20% Correct Answer & 20%
Interpretation

Q1) Develop a Public Relations campaign for IRDA to help create awareness about Life
Insurance sector and to educate policyholders about their rights. (10 marks)
 NMIMS Global Access
School for Continuing Education (NGA-SCE)

Course: Marketing of Financial Services

Internal Assignment Applicable for June 2023 Examination

Q2) Amit Chopra, (age 31 years) works with a pharmaceutical company and has not yet
started to invest for his retirement. Amit is married to Neelam (age 28 years) and they have
one son aged 2 years. Amit wants you to prepare a plan for him to retire by age 60. (You
can make any assumptions to further build up your case.) (10 marks)

Q3) You are a Financial Planner. Your client Prashant Pandey aged 35 years and works
with an IT company earning Rs 15 lakhs per year. His wife Priti, aged 32 years, is a
homemaker. They have one daughter aged 5 years. The couple requires your help to make
some financial decisions. (You can make any assumptions to further build up your case.)

a) Prashant wants to buy a Pure Risk Life Insurance cover of Rs 1.5 crore. He is
confused whether he should buy a ULIP or a Term Plan. Recommend the product
best suited for his requirement. (5 marks)

b) Prashant and Priti want your help to invest for their daughter’s higher education
which they estimate would be required after 15 years. (5 marks)

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