Post Graduate Diploma in Financial Planning & Relationship Management(PGDFPRM) is a 6 month full-time program with 3 months of full-time classwork and 3 months of supervised internship. It aims to create industry ready professionals at entry level endowed with knowledge, skills and attitudes required for financial planning and wealth management through relationship management.

Read on to know more!

To go directly to Program Objectives - click here
To go directly to Course Contents - click here

The current economic scenario in India

The Indian economy is soaring high. From a level of 7.5% growth in 04-05 to 9.2% in 06-07 thus clocking an average growth rate of 8.6% in the three years. The manufacturing and services sector continues to maintain its impressive growth at over 11%. The 11th Five year plan aims at putting the economy in a sustained growth trajectory so that at the end of the plan period a growth rate of 10% is sustained. India is clearly one of the high growth economies in the world today.

Financial services: Ready to takeoff

This economic transformation is fuelling the expansion of a middle class that already is more than 350 million people and is expected to exceed 500 million by 2010.

Some quick facts -

• There are 321 million citizens in the paid work force category in India. Out of this:
  • Only 2.5% are active investors in equity - directly or through mutual funds. There is huge potential here.
  • Only 32.8% of them hold at least one insurance policy. Here the insurance policy penetration is very low.
  • 77.1 million people went for loan in the last two years, but only 19.3 % of the people are approaching financial organisations for funds.
  • The majority of the investible surplus goes into banks and post office deposits

Need for professional financial advice

All this clearly indicates a great market potential for financial products and services and professional and genuine support in financial planning. The moment has come where demand for financial services is taking off. In today's scenario where there is a huge expansion of middle class with lot of disposable income, there are many financial institutions that are aggressively looking to buy the share in the wallet.

With the opening of Indian market and the entry of the private players in the market, the product range has widened and a lot of choice is available with the Indian consumer. Thus, there is a need for professional financial advice to enable the consumer to choose the investment product that suits his requirements and will enable him to meet his goal in creation of wealth.

Emergence of the "New Age Financial Planner"

The financial planning process for individuals gets redefined in the emerging scenario. The new age Financial Planner of today needs to possess knowledge of the basic foundation blocks of financial services sector. This should be backed by an in-depth understanding of the various products and services, financial planning and wealth management process. Use of technology for this would enable the new age Financial Planner to be more productive on the job.

Most importantly, the modern day new age Financial Planner needs to understand his/her customer with respect to their financial position, their risk appetite and their future financial needs to be able to recommend suitable investments.

The key attributes that today's new age Financial Planner has to possess include high customer service orientation, effective communication, positive attitude, team spirit, flair for sales and marketing and the art of building relationships. And the new age Financial Planner should be driven by a genuine desire to render professional support to investors.

The need of the hour is to evolve a program which blends knowledge, skill and application so that students who undergo this program become Financial Planners and are industry ready and are sought after not only by the financial services organisations who are offering financial planning services but also by the individuals who need this support.

Launch of Post Graduate Diploma in Financial Planning & Relationship Management(PGDFPRM)

In response to the market potential, career opportunities and manpower needs of the industry for such special caliber New Age Financial Planner IFBI has announced the launch of the new Post Graduate Diploma in Financial Planning & Relationship Management(PGDFPRM) in October 2007.

PGDFPRM - Program Objectives

At the end of the program, the learner will be able to

1. Appreciate the need for professional financial planning and advisory services
2. Appreciate market linkages
3. Explain various financial products
4. Explain the financial planning process
5. Apply quantitative tools for investing
6. Construct a portfolio - Devise scenarios considering the risk return trade off
7. Demonstrate ability to implement the proposal
8. Demonstrate communication skills
9. Appreciate the need for grooming and inculcate the habit
10. Demonstrate selling skills
11. Demonstrate relationship management skills

PGDFPRM - Overview of Course contents

The PGDFPRM program is unique in both its contents as well as methodology. The core contents of the program are delivered in the 3 month fulltime classwork and consist of the following courses and modules:

Classwork -

Internship -

Three months of classroom training are followed by three months of Supervised Internship at financial services organization. This Internship component is evaluated, and forms part of the requirements for successful completion of the PGDFPRM. On one hand the Internship component ensures the integration of all knowledge and skills acquired, and on the other, becomes the live practice-ground for application-orientation, IT applications and customer-servicing.

PGDFPRM - Key features of the program

• Program available in Full Time and Part Time mode
    - Full Time Mode has 3 months Class Work and 3 month internship
    - Part Time Mode has 6 months Class Work and 3 month internship
• Appointment Offer letter at the time of joining (select candidates)
• Three months supervised internship
• Up to date and modern curriculum and courseware created by industry experts
• Multiple learning mechanisms - class-work, projects, case studies, book reviews
• Experienced faculty
• Learning Management System

Recommended Entry Profile

• Fresh graduates OR
• Graduates with less than two years of field experience in banking or financial services OR
• Aspirants for a financial planning career with less than two years of experience who are graduates

Admission Process

• You can apply online or visit any of the IFBI centres ( See list on Contact Us page)
• Appear for Online Admission test - ICET
• Appear for Interview
• Documentation check
• If selected, complete admission formalities

How to apply and get to know more

• - Walk in to any of the IFBI centres ( See list on Contact Us page)
   - For details SMS IFBI to 56161 or call at our toll free numbers: 1800-209-7050
• - To apply for PGDFPRM - Click here

Click here to download PGDFPRM brochure (2,256 KB )