Financial Planning
- Financial goals and needs
- Role of a financial planner
- Importance and benefits of financial planning
The financial planning process
Economic & Monetary Concepts
- Income and expenses, assets and liabilities/ debts, cash flow, inflation
- Indian economy
- Monetary policy of the RBI
Risk Management & Insurance
- Risk management and risk management through insurance
- Relation between risk, peril and hazard
- Principles of insurance
- Benefit and cost of insurance
- Types of insurance
- Life insurance plans including ULIP and annuity plans
- Life insurance underwriting, policy conditions, claim
- General and health insurance plans
- General and health insurance underwriting, policy conditions, claim
- Calculating premium
- Calculating surrender value
Financial Markets
- Capital market and its instruments
- Debt market and its instruments
- Money markets and their instruments
- Mutual funds
- Selling financial market products
- Financial Mathematics
- Percentage calculation
- Computing simple and compound interest
- Computing banker’s discount
Short-term investments
- Investments in bank saving/ deposit schemes
- Investments in post office saving schemes
- Basic services and instruments of a bank, cheques, debit cards, credit cards
