Chartered Wealth Management Courses is a professional curriculum that provides finance professionals with wealth management expertise and training. Finance professionals often pursue a Certificate in Wealth Management as a supplementary certification to improve their employment prospects.
Students can pursue Online Chartered Wealth Management Courses on Coursera, edx, Udemy, etc, and later can pursue MBA in Banking and Finance, BBA, Bachelor of Management Studies [BMS] etc.
The average Chartered Wealth Management Courses salary in India is INR 5-7 LPA, and with 5-9 years of experience, the salary can dramatically increase up to INR 10,00,000.
1.1 Why study?
2.2 Diploma courses
3.1 Coursera
3.2 edX
3.3 Udemy
- Chartered Wealth Management Courses Syllabus
- Top Chartered Wealth Management Courses Colleges in India
5.1 Delhi
5.2 Mumbai
5.3 Kolkata
5.4 Chennai
5.5 Bangalore
5.6 Pune
- Skills Required For Chartered Wealth Management Courses
- Chartered Wealth Management Courses Jobs
- Chartered Wealth Management Courses Salary
8.1 Company wise
8.2 Gender wise
8.3 City wise
8.4 Experience wise
8.5 Top Recruiters
What are Chartered Wealth Management Courses?
The GAFM Global Academy of Finance and Management, previously the American Academy of Financial Management, awards the title of Chartered Wealth Manager (CWM) (AAFM). Its purpose is to certify wealth management professionals' knowledge and skills. Typically, asset managers begin their careers by participating in an employer-sponsored training programme or a graduate programme. A 2:1 degree or above is required, particularly in business, finance, economics, management, or mathematics.
Why study Chartered Wealth Management Courses?
It's a position where you may enjoy the thrills of the financial markets while still helping actual people. Your efforts benefit both families and individuals.
In every financial decision, you will be their advocate and advisor. They'll put their trust in you enough to tell you about their hopes and anxieties. You get to assist shape people's financial destinies, whether you're helping them establish a retirement nest egg or managing their children's education fund. This is an example of how investment does not have to be a zero-sum game. This job does not have any bosses. You have customers. This is a profession for self-starters with a strong sense of independence.
Who should pursue Chartered Wealth Management Courses?
Many people know how to make money, but they aren't particularly good at managing it. They hire qualified and well-trained wealth managers for this position. Those interested in pursuing wealth management as a career might do it after completing their HSC/Graduation or even after starting work. Depending on their academic qualifications, they can enrol in a wealth management degree, certificate, or certification programme.
Wealth management as a profession is still in its early stages in India, but it is expected to grow substantially in the next few years. Wealth managers in India earn an average beginning salary of Rs 5 lakh and higher. In wealth management, there are a lot of opportunities to earn money through commissions.
Types of Chartered Wealth Management Courses
Certificate Courses
| Courses | Top College | Duration | Fees |
|---|---|---|---|
| Certified Financial Planner (CFP) |
International College of Financial Planning (ICoFP), Delhi International College of Financial Planning (ICoFP), Lucknow International College of Financial Planning (ICoFP), Chennai International College of Financial Planning (ICoFP), Kolkata Indian Institute of Financial Planning (IIFP), New Delhi |
1 Year | INR 35,000 |
| Project Management Professional (PMP) |
L & T Institute of Project Management (L&T, IPM), Vadodara/Chennai National Institute of Construction Management & Research (NICMAR), Pune National Institute of Industrial Engineering (NITIE), Mumbai S.P.Jain Institute of Management and Research (SPJIMR), Mumbai MIT-Pune |
1 year | INR 15,000- 25,000 |
| Chartered Financial Consultant (ChFC) |
Indian School of Business Management and Administration, Hyderabad/Patna/New Delhi IMS ProSchool Pune ICICIdirect Centre for Financial Learning (ICFL) ICOFP Delhi/Mumbai - International College of Financial Planning |
1 Year | INR 20,990-40,000 |
| Chartered Financial Analyst (CFA) |
Narayana Business School, Ahmedabad International College of Financial Planning, New Delhi Central India Institute of Management Studies, Jabalpur Shri Chimanbhai Patel Institute of Professional Training, Ahmedabad |
1.5 - 4 years | INR 40,000-1.25 Lakhs |
| Project Management |
IIBM Institute of Business Management NITIE Mumbai Indian Institute of Management (IIMC) Indian School of Business Management and Administration Xavier’s Institute Of Business Management Studies |
6 Months | INR 10,000 - 1 Lakh |
Diploma Courses
| Courses | Top College | Duration | Fees |
|---|---|---|---|
| Post Graduate Diploma in Predictive Analytics | International College of Financial Planning (ICoFP), Delhi/Kolkata/Mumbai/Bangalore | 1 Year | INR 2.17 Lakhs |
| Post Graduate Diploma in Financial Analysis | International College of Financial Planning (ICoFP), Delhi/Kolkata/Mumbai/Bangalore | 1 Year | INR 2.4 Lakhs |
| Post Graduate Diploma in Financial Planning | International College of Financial Planning (ICoFP), Delhi/Kolkata/Mumbai/Bangalore | 1 Year | INR 2.4 Lakhs |
Undergraduate Courses
| Courses | Top College |
Duration |
Fees |
|---|---|---|---|
|
Bombay Stock Exchange Institute Shaheed Sukhdev College of Business Studies |
3 Years | INR 40-70K | |
| Bachelor of Business Administration [BBA] in Entrepreneurship |
International College of Financial Planning (ICoFP), New Delhi/Kolkata/Mumbai Indian School of Business Management and Administration, Hyderabad/Patna/New Delhi |
3 Years | INR 2.4 Lakhs |
| Bachelor of Business Administration [BBA] in Financial Planning |
International College of Financial Planning (ICoFP), New Delhi/Kolkata/Mumbai Indian School of Business Management and Administration, Hyderabad/Patna/New Delhi |
3 Years | INR 2.4 Lakhs |
Postgraduate Courses
| Courses | Top College | Duration | Fees |
|---|---|---|---|
| MBA in Global Finance Markets |
Techno India University CIMA - Chartered Institute Of Management Accountants L & T Institute of Project Management (L&T, IPM), Vadodara/Chennai |
2 Years | INR 5.6 Lakhs |
| MBA in Banking and Finance |
Bombay Stock Exchange Institute Jamnalal Bajaj Institute of Management Studies |
2 Years | INR 5.6 Lakhs |
| MBA in Business Journalism |
SRM School of Management,SRMIST L & T Institute of Project Management (L&T, IPM), Vadodara/Chennai |
2 Years | INR 5.6 Lakhs |
| Masters in Financial Technology (MFT) |
New Delhi YMCA Techno India University CIMA - Chartered Institute Of Management Accountants |
2 Years | INR 6.61 Lakhs |
| MBA in Financial Planning |
International College of Financial Planning (ICoFP), Delhi/Kolkata/Mumbai/Bangalore Indian School of Business Management and Administration, Hyderabad/Patna/New Delhi |
2 Years | INR 3.5 Lakhs |
| Masters in Global Financial Markets (MGFM) |
Jamnalal Bajaj Institute of Management Studies New Delhi YMCA |
2 Years | INR 6.61 Lakhs |
| MBA in Finance Management |
International College of Financial Planning (ICoFP), Delhi/Kolkata/Mumbai/Bangalore Bombay Stock Exchange Institute Indian School of Business Management and Administration, Hyderabad/Patna/New Delhi |
2 Years | INR 3.5 Lakhs |
Top Online Chartered Wealth Management Courses
Coursera
| Courses | Institute | Duration |
|---|---|---|
| Investment Management | University of Geneva | 5 Months |
| University of Geneva | Yale University | 33 Hours |
| Investment Management with Python and Machine Learning | EDHEC Business School | 5 Months |
| Portfolio and Risk Management | University of Geneva | 8 Hours |
edX
| Courses | Duration | Fees |
|---|---|---|
| Finance Essentials | 6 Weeks | Free |
| FinTech for Finance and Business Leaders | 3 Months | INR 40,004 |
| Public Financial Management | 8 Weeks | Free |
| Introduction to Personal Financial Planning | 4 Weeks | Free |
Udemy
| Courses | Duration | Fees |
|---|---|---|
| The Complete Finance Manager Course 2024 | 13 Hours | INR 455 |
| Financial Management A Complete Study for CA/CMA/CS/CFA/ACCA | 62 Hours | INR 455 |
| Investment Analysis & Portfolio Management - Core Finance | 7.5 Hours | INR 455 |
| Chief Financial Officer Leadership Program | 10.5 Hours | INR 455 |
Chartered Wealth Management course Syllabus
The Chartered Wealth Management course Syllabus is divided into two levels:
- Level 1 consists of 9 units and is the foundation level.
-
Level 2 consists of 9 units and is the most advanced level.
Foundation Level
| Sl. no. | Foundation Level Units |
|---|---|
| 1. | Overview of Global Financial System |
| 2. | Concept of Wealth Management |
| 3. | Life Cycle Management |
| 4. | Investment Vehicles of Wealth Management |
| 5. | Measuring Investment Returns |
| 6. | Managing Investment Risk |
| 7. | Role of Wealth Management in Banking |
| 8. | Loan & Debt Management |
| 9. | Intergenerational Wealth Transfer |
Advanced Level
| Sl. no. | Foundation Level Units |
|---|---|
| 1. | Equity Analysis |
| 2. | Use of Alternative Products in Wealth Management |
| 3. | Use of Behavioral Finance in Wealth Management |
| 4. | Real Estate Valuation and Analysis |
| 5. | Relationship Management by a Wealth Manager |
| 6. | International Taxation |
| 7. | Portfolio Management Strategies |
| 8. | Wealth Management Planning |
| 9. | Advanced Wealth Management |
Top Chartered Wealth Management course Colleges in India
Delhi
| College | Courses offered | Fees |
|---|---|---|
| New Delhi YMCA |
Business Management Marketing & Sales Management Financial Management International Trade Banking & Finance |
INR 86,496+GST |
| Shaheed Sukhdev College of Business Studies |
BBA (Bachelor of Business Administration) Bachelor of Management Studies (B.M.S.) Banking, Finance & Insurance Business & Management Studies |
INR 40-70K |
| IMI Delhi - International Management Institute |
Post Graduate Diploma in Management Fellowship Programme in Management Executive Post Graduate Diploma in Management (EPGDM) |
INR 10-12 Lakhs |
Mumbai
| College | Courses offered | Fees |
|---|---|---|
| Bombay Stock Exchange Institute |
Masters in Financial Technology (MFT) Masters in Global Financial Markets (MGFM) Post Graduate Diploma in Predictive Analytics |
INR 2.21-6.61 Lakhs |
| Jamnalal Bajaj Institute of Management Studies |
Masters in Financial Management M.Sc. in Finance |
INR 1.02-1.52 Lakhs |
| International College of Financial Planning (ICoFP) |
MBA in Finance Management MBA in Financial Planning Advanced Program in Financial Planning/ Post Graduate Diploma in Financial Planning Certified Financial Planner Master of Business Administration [MBA] in Financial Analysis Bachelor of Business Administration [BBA] in Entrepreneurship Bachelor of Business Administration [BBA] in Financial Planning |
INR 35,000-3.59 Lakhs |
Kolkata
| College | Courses offered | Fees |
|---|---|---|
| International College of Financial Planning (ICoFP) |
Master of Business Administration [MBA] in Financial Analysis Master of Business Administration [MBA] in Financial Planning Bachelor of Business Administration [BBA] in Entrepreneurship Bachelor of Business Administration [BBA] in Financial Planning |
INR 2.4-3.5 Lakhs |
| Techno India University |
Integrated BBA + MBA in Financial Services Master of Business Administration (MBA) B.Com. in Finance and Marketing MBA in Financial Services |
INR 3-7 Lakhs |
| Seth Anandram Jaipuria College, Kolkata |
Bachelor of Commerce (B.Com.) B.Com. (Hons.) in Accounting and Finance B.Com. (Hons.) in Marketing |
INR 4-5K |
Chennai
| College | Courses offered | Fees |
|---|---|---|
| SRM School of Management,SRMIST |
Bachelor of Business Administration (BBA) Master of Business Administration (MBA) MBA in Banking and Financial Services |
INR 3-7 Lakhs |
| International College of Financial Planning (ICoFP) |
Master of Business Administration [MBA] in Financial Analysis Master of Business Administration [MBA] in Financial Planning Bachelor of Business Administration [BBA] in Entrepreneurship Bachelor of Business Administration [BBA] in Financial Planning |
INR 2.4-3.5 Lakhs |
| LIBA - Loyola Institute of Business Administration |
Master of Business Administration (MBA) Post Graduate Diploma in Management (PGDM) |
INR 3-10 Lakhs |
Bangalore
| College | Courses offered | Fees |
|---|---|---|
| NMIMS Global Access School for Continuing Education |
MBA for Working Executives (MBA WX) MBA in Business Management MBA in Banking, Finance and Management |
INR 1.4-2.5 Lakhs |
| International College of Financial Planning (ICoFP) |
Master of Business Administration [MBA] in Financial Analysis Master of Business Administration [MBA] in Financial Planning Bachelor of Business Administration [BBA] in Entrepreneurship Bachelor of Business Administration [BBA] in Financial Planning Chartered Financial Analyst Post Graduate Diploma in Financial Analysis Post Graduate Diploma in Financial Planning |
INR 2.4-3.5 Lakhs |
| CIMA - Chartered Institute Of Management Accountants |
Certificate in Business Accounting |
INR 1 Lakh |
Pune
| College | Courses offered | Fees |
|---|---|---|
| Nilaya ICats Institute of Commerce |
Certification Course in Finance |
INR 1-1.5 Lakhs |
| SSBF Pune - Symbiosis School of Banking and Finance |
MBA in Banking and Finance Management Certificate in Banking, Finance and Insurance |
INR 12 Lakhs |
Skills Required to be a Chartered Wealth Manager
| Due Diligence | Excellent Communication Skills | IT capabilities | Maths knowledge |
| Client Relationships | Good Decision Making | Asset Management | Business Development |
| Customer Service | Asset Allocation | Investment Strategies | Problem solving |
| Financial Needs | Passion for the profession | Discipline and responsibility | Professionalism |
Chartered Wealth Management Courses Jobs
Employers frequently seek employees who are upskilled in the current digital trends and other connected sectors, as Chartered Wealth Management Courses are the most popular work option these days.
We've gone over some of the most prevalent and popular employment options after completing Chartered Wealth Management Courses, as well as the job description that employers are looking for.
| Job profiles | Job description | Average Salary(INR) |
|---|---|---|
| Business Development Manager | Business development managers are in charge of helping organisations grow by identifying new prospects, researching leads, building relationships with potential clients, and scheduling sales meetings. | 3-4 LPA |
| Senior Relationship Manager | Senior relationship managers are company members tasked with communicating with specific entities both inside and outside the firm. They are in charge of, among other things, communicating with other businesses, clients, consumers, vendors, and communities. Their primary responsibility is to ensure that proper communication with the aforementioned institutions is maintained. | 6-7 LPA |
| Financial Advisor | Financial Advisors apply their knowledge and experience to create customised financial plans that help clients accomplish their financial objectives. These tactics cover not only investing, but also savings, budgeting, insurance, and tax planning. | 4-5 LPA |
| Relationship Manager | A relationship manager is a member of the sales team who develops and manages client and customer connections. Some relationship managers deal solely with clients, assisting them in resolving any commercial or technical issues they may encounter. They will assist them in identifying sales possibilities and attracting customers. | 4-5 LPA |
| Financial Analyst | A financial analyst is a professional whose primary responsibility is to conduct financial analysis for external or internal clients. Securities analyst, research analyst, equity analyst, investment analyst, or ratings analyst are all possible job titles. | 4.5-5.5 LPA |
| Portfolio Manager | A portfolio manager is the person or group of individuals in charge of investing the assets of a mutual, exchange-traded, or closed-end fund, implementing its investment strategy, and overseeing day-to-day portfolio trading. When it comes to fund investing, a portfolio manager is one of the most crucial elements to consider. | 5-6 LPA |
| Associate Wealth Manager | Wealth management colleagues assist the wealth manager in delivering financial advice to high-net-worth clients by performing clerical activities. They answer client questions about their investments and work with the wealth manager to help the clients preserve and grow their wealth. | 4-5 LPA |
| Senior Manager in Wealth Management | Investment management and complete financial guidance are provided by wealth management firms. On behalf of their clients, wealth managers tackle complex financial challenges and coordinate financial experts. | 7-8 LPA |
Chartered Wealth Management Courses Salary
Company wise
| Type of Company | Average Annual Salary (Per Annum) |
|---|---|
| Government | INR 5 LPA - INR 7 LPA |
| Private | INR 6.5 LPA - INR 8 LPA |
Gender wise
| Gender | Average Annual Salary (Per Annum) |
|---|---|
| Female | INR 4 Lakhs |
| Male | INR 5 Lakhs |
City wise
| City | Average Annual Salary (Per Annum) |
|---|---|
| Delhi | INR 5 LPA - INR 7 LPA |
| Mumbai | INR 6 LPA - INR 8 LPA |
| Kolkata | INR 8.5 LPA - INR 10.8 LPA |
| Chennai | INR 6.5 LPA - INR 8 LPA |
| Bangalore | INR 8.1 LPA - INR10.4 LPA |
| Pune | INR 6.3 LPA - INR 8.1 LPA |
Experience wise
The pay structure for various experienced candidates varies; here, we have listed the salary ranges after completing Chartered Wealth Management Courses for freshers to Chartered Wealth Managers with more than ten years of expertise:
| Experience | Average Annual Salary (Per Annum) |
|---|---|
| Entry Level | INR 3 Lakhs |
| Mid Level | INR 5 Lakhs |
| Senior Level | INR 7 Lakhs |
Top Recruiters
Here are the top Chartered Wealth Management agencies that hire freshers, mid-level executives, and senior Chartered Wealth Managers, as well as those that are expected to grow the most in 2024.
| Kotak Mahindra Bank | Armstrong Capital Advisory | Mercer LLC |
| Barclays Bank PLC | HSBC Electronic Data Processing India | Reliance ADAG |
| ICICI Securities Limited | Bank of America Corp. | Magnus Capital Services |
| Invest Advice | Avendus Wealth Management | BFC Capital |
| Centrum | Angel Broking | Wealth Advisors |
Chartered Wealth Management Courses FAQs
Ques: Is the Chartered Wealth Manager designation appropriate for me?
Ans: Wealth managers, IFAs, private client managers, discretionary portfolio managers, and private bankers can all benefit from the Chartered Wealth Manager qualification. It is appropriate for wealth management employees who want to demonstrate the highest level of expertise in creating investment portfolios that match the needs of their clients.
Ques: What are the career prospects for Chartered Wealth Management?
Ans: In India, every major bank, NBFC, brokerage house, and financial services company has a Chartered Wealth Management Division, which is severely understaffed. Chartered Wealth Management is one of the fastest growing professions in the world, and Wealth Managers are in high demand by a rapidly rising working population that earns well and need competent financial management. Banks, Asset Management Companies, Brokerage Houses, Stock Broking Companies, and KPO's are all looking for professionals with this kind of experience.
Ques: What are some of the most pursued certifications in Chartered Wealth Management Course?
Ans: Certified Financial Planner is the most common certification requirement. You will have a more competitive résumé that will impress potential employers if you have this qualification.
Ques: Is it possible for me to do Chartered Wealth Management Courses online?
Ans: A Chartered Wealth Manager aspirant can enrol in a variety of Chartered Wealth Management Courses available online. They are all mentioned in the preceding article.
Ques: How long do Chartered Wealth Management Courses last?
Ans: The length of the course is determined on the level of education you are pursuing. It lasts three years at the undergraduate level, 1-2 years at the graduate level, and 3-6 months for certification.
Ques: What are the costs of taking any Chartered Wealth Management Courses?
Ans: The cost of Chartered Wealth Management Courses varies depending on the institute you choose. There are online certifications available, but the cost varies depending on the course level and where the course is taken. The amount payable on average ranges from INR 36,000 to INR 12 lakhs.
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