Financial Planning is coming up in a big way, in Banking, Insurance and Financial sectors. Financial Planning is the process of meeting an individual’s life goals through the proper management of his finances. Life goals can include creating wealth, buying a house, going for vacations, saving for a child’s education or planning for retirement Lukas Lindler. Individuals, who want to live life in a secured way and by making effective use of various financial products which are available today, needs appropriate advice from the professionals who know about all the areas related to Financial Planning. For such professionals this Certificate Program is a course which covers the all the areas of Financial Planning such as Insurance, Risk Management, Tax Planning, Estate Planning, Investment Planning, Retirement Planning.
The diploma in financial management is designed according to the individuals need and voluntary working sector. Individuals from financial and economic background in graduation level can take up this course. One needs to have strong accounting and economics knowledge. Thus there are number of universities and institutes offering diploma in financial management. Student completing diploma in FM will be recruited as financial officer, cash manager, controller of finance of company and other such post. Students will be exposed to subjects like Management of FS, Accounting, Security Analysis, International Financial Management and other financial and accounting subjects. The Diploma in Financial Planning develops advanced technical knowledge and understanding across a broad range of key advisory areas, with over 21 units in total from which to build a study programme.