Page 4 - DMGT515_PERSONAL_FINANCIAL_PLANNING

SYLLABUS
Personal Financial Planning

Objectives: To enable the students to understand the various components of financial planning and how to get more rewards
using risk return trade-off.

Sr. No. Description
1. Basics of Personal Financial Planning: Definition, Importance and process of financial planning, Concept of
time value of money in single and series.
2. Managing Investment Risk: types of risks, measurement and management of risks and financial statements.

3. Measuring Investment Returns: Risk and Return trade-off, Short term and long term capital Gains. Choosing
the various source of credit and credit alternatives.
4. Investment Vehicles: Investment concerns, Small saving schemes, Fixed income Instruments, Mutual funds
and other investment schemes and Asset classes.
5. Investment Strategies: Various Strategies and asset allocation. Evaluating investment in various stocks and
Various Loans and their usage.
6. Investment Strategies: Investing in stocks, bonds and commodities and concept of Futures and options.
Insurance Planning;-Personal risk management, Nature and function of Insurance, Need analysis and Various
Insurance products. Concept of Health Insurance.
7. Retirement Planning: Process, Annuities and its types, Asset allocation & diversification and concept of
mortgage and its types.
8. Tax and Estate Planning: Various heads of incomes, Exemptions in Income tax applicable to various categories.
Concept of wealth Tax. Estate Planning need and creation of Will and various formats.
9. Strategies of putting together a Complete Financial Plan: Benefits, Essential components of comprehensive
financial plan. Implementing Personal Financial Plan.
10. Regulatory Environment: Government regulations and various regulators like SEBI, IRDA, and ethical issues
involved in Financial Planning.