Topic 1
Financial Consultancy Practice and Opportunities
- Personal Finance Professional (PFP) - Introduction
- Market Potential for PFPs
- Earning Potential for PFPs
- Career Path of a PFPs
- Human Financial Advisors
ProTool
- My Practice Model & Vision
Topic 2
My Ideal Practice Model and Career Growth Blueprint
- Foundational Concepts for PFPS
- PFP Model - Key Decisions To Make
- Visualizing Your Journey
- Obstacles During Journey
- Strategies To Achieve Your Dream Career / Practice
- Nine Step Blueprint For Financial Advisory Practice
- Building Quality Asset Book
ProTool
- Practice Indicators & Business Plan
Topic 3
Ethics, Responsibilities & Client First Approach
- Roles of a Personal Finance Professional (PFP)
- Responsibilities of a PFP towards Clients
- Client First Approach
- Client's Expectation Setting
- QPFP Code Of Ethics
- Roles of a Personal Finance Professional (PFP)
- Key Responsibilities of a PFP towards Clients
ProTool
- Ethics @ Heart - Self Analysis Tool
Topic 4
Financial Maths & Time Value of Money - 1
- Concept of Time value of Money
- Compound Interest Vs Simple Interest
- TVM Variables (NPER | PV | FV | PMT | Type)
- Case Studies of Using TVM in practice
ProTool
- One TVM Calculator
Topic 5
Financial Maths & Rate of Return - 2
- Nominal & Effective Rate
- Absolute & Annualised Returns
- Real & Tax Adjusted Returns
- IRR & XIRR
ProTool
- One ROR Calculator
Topic 6
Macro Economic Indicators Impacting Financial Consumers
- Gross Domestic Product (GDP)
- Inflation
- Index of Industrial Production (IIP)
- Crude Oil
- Forex - USD
- Monetary Policy
- Important Functions of RBI
ProTool
- TVM & ROR - Practice Questions
Topic 7
Investor Preferences, Behavior & Mistakes
- Indian Investor Patterns
- Common money mistakes
- Common Problems / Concerns of Investors
- Real Role of Personal Finance Professionals
ProTool
- Risk Profile Questionnaire
Topic 8
Four Pillars of Personal Finance & Behavioral Finance
- Cashflow Statement
- Personal Balance Sheet
- What is Behavioral Finance?
- Evidence that Behavioral Finance Exists
- Major Biases in Behavioral Finance
- How does Behavioral Finance affect Client’s life ?
- Our Role in managing money & investment biases
ProTool
- Real Statement
Topic 9
Financial Goals Pyramid - Client Needs & Wants
- Financial Goals Pyramid
- Money and Happiness
- Financial Life Stages
- SMART Goal Setting
- Goal Planning Concepts
- Tools & Strategies to help clients achieve financial goals
Pro Tool
- Clients Goal Matrix