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

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

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
  • General and health insurance plans
  • General and health insurance underwriting, policy conditions, claim
  • Calculating premium
  • Calculating surrender value

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