Integrated Diploma in Wealth Management

Integrated Diploma in Wealth Management (IDWM) is a job guaranteed 6 months wealth management diploma course which integrates Industry Internship and Final Placement as a part of the program itself. The program has a unique 2 tier structure – first 2 months are for intensive study and the next 4 months for on-the-job training / paid internship. The course is offered Online with the classes being offered on Weekdays.

IDWM program curriculum is highly focused on Investments, Portfolio Management & Wealth Management thereby making students job ready for Banks, Brokerage Houses, Mutual Funds, Investment Firms, Investment Advisory, IFAs etc. IDWM Program has been designed exclusively with Bajaj Capital Ltd, India’s best known wealth management companies.

The program has been designed to provide opportunity to young graduates who wish to pursue their career in Wealth Management and become a wealth manager. Apart from the purely traditional classroom- teaching methods, this program seeks to open up the Personal Finance & Investments world to the students bringing together the forces of academics, self-development, professional development and real work experiences into a comprehensive learning experience.

This program will prepare the students to work in various facets of Wealth Management. It intends to develop ready- to- work professionals who have relevant knowledge to fulfil the need of the current market.

Program Overview

6 Months Diploma Program in Finance at ICOFP, comes in 2 tier of learning. The program begins with a quick intro to the basics of Accounting & Finance and then in the 1^st tier of the program, for first 2 months you get to study the core subjects on Personal Finance, Investments, Wealth Management and then for next 4 months you get to practically implement your learnings on the job while doing a paid internship with Bajaj Capital. IDWM program not only gives you intense conceptual learning but also builds your practical skills and makes you job ready. At the end of 6 months, you get placed with Bajaj Capital as a Trainee Wealth Manager / Wealth Officer. 

The course content that you study integrates top global and national level industry certifications and makes it really unique. The program has been designed specifically for graduates aspiring for a growing career in Wealth Management. The Program comprises of specialized modules on Financial Planning, Mutual Funds, Insurance, Investment Regulations, Case studies, Portfolio Management etc., which lead to industry recognised certifications/ exams of CFP Level1 & NISM.

Program Objectives

The primary objective of Integrated Diploma in Wealth Management (IDWM) course is to give you a career start. It aims at building in you the relevant knowledge and skills, giving you practical learning & exposure and finally a job.

IDWM program has a guaranteed job placement feature and more interestingly the guarantee is not just to assure but it is given to you at the time of your admission itself by way of an offer letter from Bajaj Capital. When you join the IDWM finance diploma program, at the time of your admission itself, you get a Pre-Placement Offer Letter from Bajaj Capital, which confirms your employment well in advance at the time of joining the course itself.

Career Scope

• 100% Placement Guarantee.

• You get your Job Placement Offer Letter at the time of Admission to the Course

If you are a GRADUATE or POSTGRADUATE, looking to build a career after graduation in BFSI industry, Integrated Diploma in Wealth Management Course will lead you to begin your career in in the shortest possible time. A super rich knowledge, practical learning by way of paid internships & multiple Global & national level Certifications sets you miles ahead of any other post graduates or MBAs. You start your career as Wealth Managers, Portfolio Managers, Investment Advisors, Bankers, Investment Managers, Investment Planners across BFSI with some of the top financial companies.

On day 1 when you join the program, you get a guarantee to start your career with Bajaj Capital & depending on the performance & in line with the HR policies at Bajaj Capital, the future career growth opportunities would be as follows:

Further Growth Paths:

Sr Executive - Wealth > Asst. Manager - Wealth > Associate Manager - Wealth > Deputy Unit Head > Unit Head > Sr Unit Head > Chief Unit Head > Associate Unit Director> Unit Director > Sr Unit Director > Associate Director & Cluster Head > Director & Cluster Head > Sr Director & Zonal Head > Partner & Regional Head > Principal Partner & CBO

Curriculum

The total duration of the program is 6 Months:

• 2 Months of Live Instructor Led Classes by ICOFP. The classes would be done online for 4 days a week over a period of 2 months (8 weeks).
• 4 Months of OJT/Internship with Bajaj Capital, candidates will be paid stipend of ₹10000/- + upto ₹5,000/- per month during internship.
• On successful completion of the program, candidates will be absorbed by Bajaj Capital into Wealth Management / Distribution verticals with a consolidated annual CTC between ₹3.55 to ₹6.25 Lacs PA + Annual Bonus + Performance Linked Incentives.

The Program Curriculum has 3 Parts :

1. FOUNDATION COURSE

   Which aims at teaching you the essentials of accounting , finance, economics & basic of excel. Irrespective of whether you are coming from a Science, Arts or Commerce background, the program learning is tuned to meet your learning curve.

2. CORE SUBJECTS

   After your foundation is done, now you are ready for the deeper learning in investments & wealth management. There are 7 Core subjects which again begin with very basics and end up giving you expert insights of the whole Investments management.

3. SKILL BUILDING

   This is to give you the real-world practical exposure. You are taught the essential professional skills and at the same time you get on the job training working under the mentorship of an experienced Wealth Manager at Bajaj Capital. You learn the practical implementation of all what you have been taught during the program.

This is how the detailed structure and curriculum of the program is :

1. FOUNDATION

This aims at teaching you the essentials of accounting & finance concepts so that you are ready for the advanced   learning.

1. (A) Accounting Foundation

1. (B) Economics & Basic of Microsoft Excel

Subjects – You learn the basics of accounting, economics & Microsoft Excel to build the learning curve for Core finance subjects.

2. CORE LEARNING

These are the core subjects where you acquire knowledge on the key areas of Wealth Management.

  2. (A) Personal Financial Management

Core Subject :   Certified Financial Planner - USA, Level 1 with focus on personal finance concepts

  2.(B) Investment Planning & Asset Management

Core Subject :   Certified Financial Planner - USA, Level 1 with knowledge of all investment products

  2. (C) Investment Laws

Core Subjects :   Certified Financial Planner - USA, Level 1 teaching you the regulatory aspects of investing

  2. (D) Mutual Funds

Core Subjects :   NISM VA, Super specialised Certification in Mutual Funds recognised by SEBI

  2. (E) Risk Planning & Insurance

Core Subject :   NIA Insurance Exam, Super specialised Certification in Insurance by IRDA

  2. (F) Investment Taxation

Core Subject :   Making you learn the essentials of Taxation with regard to investment products

  2. (G) Portfolio Management

Core Subject :   NISM XXIB, Certificatio combining whole of portfoilo management recognised by SEBI

3. SKILL BUILDING

Once you learn the concepts, its time to get ready for the corporate world and get practical exposure.

3. (A) Personality Development

•  Behavioural Skills - Soft Skills, Ethics, Grooming, Time Management

•  Strategic Skills - Sales Skills, Virtual Sales, Understanding Clients, Managing Relationships, Sales Techniques & more...

3-B) On the Job Training (OJT)

• • 4 months of paid internship in Wealth Management & Financial Planning.
  • Fixed Stipend of ₹ 10,000/-  + ₹ 5,000/- variable per month for the 4 months of internship.
  • Learn Practical Implementation of knowledge acquired in the course.
  • Practical Project of My Market Hundred under the guidance of Mentor.

Diploma & Certifications

The Integrated Diploma in Wealth Management integrates the curriculum, course and study for some of the topmost industry recognised certifications. So while you study the IDWM program at ICOFP, you get ready for 4 more top certifications in finance.

• Diploma

  6 months Integrated Diploma in Wealth Management from International College of Financial Planning, New Delhi

• Certifications (Program prepare you for 4 national & international certifications in finance)

  • CFP Level 1 - Investment Planning Specialist Certification from FPSB, USA (Once you register with FPSB, USA)

  • Mutual Funds Specialist - Mutual Funds Certification ( NISM VA), from National Institute of Securities Market (NSE & SEBI program)

  • Insurance Specialist - NIA - Insurance Broking Certification, from National Insurance Academy (NIA Pune)

  • Portfolio Management - Portfolio Managers Certification ( NISM-Series-XXI-B ), from National Institute of Securities Market (NSE & SEBI program)

It will be in a way 6-in-1 program where One program would lead to 5 Certifications.

Among the above certifications passing at least either of NISM VA or NIA Insurance Broker exam would be compulsory for the students for placements.

Depending on the preference of Mutual Funds or Insurance, the students would be accordingly groomed up for that speciality.

Diploma exam would be conducted by ICOFP whereas CFP Level 1 exam is conducted by FPSB USA Board. NISM VA & XXIB would be conducted by NISM where as Insurance exam would be conducted by NIA Pune.

Recognition

Integrated Diploma in Wealth Management Program is recognized and Approved under Sector Skill Councils (SSC), Ministry of Skill Development And Entrepreneurship, Government Of India.

Admissions

Course Duration

The duration of the course is 6 months (2 months of study + 4 months of paid internship). Since the course offers a Job Guarantee on day 1 of the program, hence admission to the course is very selective.

Eligibility & Admission Process

Admission Procedure: Our programs are targeted towards making graduates and post graduates into professionals with high potential for success in the financial services sector. 

• The candidate must possess a bachelor’s degree, final year graduate students may also apply. (No constraint of subjects/stream)

1. Application: ICoFP Prospectus and Application Form and can be acquired by one-time payment of Rs. 500/- as registration fee. 

• On-line application through click here - https://icofponline.com/easypayonline.aspx (need to make the payment by credit/debit card).

2. Admission Process : Candidates are required to appear for an Online Test. The Selection test is a 2 hr 75 Questions (all MCQs) online exam that you have to qualify. After qualifying the test, you get an online counselling session with Program Manager which is primarily to guide you for your PI (Personal Interview). You appear at an Online Interview at Zoom. The interview is conducted by a Panel of faculty members and Bajaj Capital HR team. The goal of the interview is primarily to measure communication skills, confidence level and maturity thus helping us to identify the suitability of a candidate.

IDWM being an Online Format program with placements across India, young graduates, undergraduates and postgraduates are encouraged to apply. Students across any stream – Science, Humanities or Commerce can apply because the program is structured in such a way that no prior knowledge of finance is needed.

3. Admission Offer : Offer of Admission & Pre-placement Job Offer is granted to student by Program Manager only after qualifying the Online Test and Personal Interview Round. Successful candidates are informed of their final selection by e-mail / phone call. There are Student Loan Options available and Students may ask the program manager to get the documentation and other process for the loan.

4. Program Fee: 

Course Fee Rs 85,000/- to be paid to ICOFP by the student and the necessary registration and examination fee for CFP Level1, NISM, NIA would be paid directly by the student to the certifying bodies (Approx. 35,000/- would be the additional fees)

The fees can be paid in lumpsum or EMIs as per a Student Loan Arrangement that ICOFP has with NBFCs. Student can take a loan of upto 12 months and all these loans are Interest Free. Student has to just pay a nominal processing charge to the NBFC. The entire application to processing to approval of the loan is online for the student.

Want more information on the program or admission process ?

Call us at (+91) 9711450002.

Disclaimer: Final placement will be subject to your performance/ discipline/ commitment during the internship

Refund & Cancellation Policy

Once the college accepts the admission of a student, no refund of fee will be allowed under any circumstances.