Introduction to Financial Planning

Book Purchased Under BCOM Funds @ 390/- with bill no: 355, dtd: 19/08/2024

The contents of the book are as follows:
Indian Economic Environment
o Introduction to Economics and Indian Economy
o Economic Policies
o Economic Indicators and Value of Investment
o Media and Information Sources
Overview of Indian Financial Markets
o Basic Concepts
o The Financial System
o Types of Financial Markets
o Features of Financial Markets
o The Flow of Funds
Participants, Intermediaries & Regulators of the Indian Financial System: Institutional & Non-Institutional
o Participants in the Finance Industry
o Types of Financial Services
Basics of Financial Planning
o Introduction
o Regulatory Controls and Practices
o A Brief Overview of Advisers
o The Consumer Life Cycle
o The Wealth Cycle
The Financial Planning Process
Towards a Financial Plan
o Working with Clients
o Gathering Initial Information from the Client
o Additional Information
o Meeting the Client’s Objectives
o Asset Allocation
o Implementation
o Ongoing Service
Recommending Financial Planning Strategies to Investors
Effective Communication in Financial Counselling
o Introduction
o Three-types of Structured Communication
o Essentials in Financial Counselling
o Profile of the Effective Counsellor
o Elements of Non-Verbal Behaviours
o Attending and Listening Skills
o Counsellor Leading Responses
o The Questions Process of a Financial Counselling

Introduction to Financial Planning covers the following topics:
The Indian Financial System
Elements of Financial Planning
Ways & Means of Meeting Clients’ needs through Financial Planning
Elements of Creating a Financial Plan
This book will be helpful for ardent learners of banking & finance and professionals engaged in the financial advising field.
The Present Publication is the 4th Edition (2017), published exclusively by Taxmann for the Indian Institute of Banking and Finance.

English