Wealth Management Course

4 minute read
Wealth Management Course

Being financially stable has its own sets of advantages. It not only contributes to your well-being but also helps you stay more disciplined. But, is it possible to stay strong financially throughout your life? Well, yes! With the right wealth management strategy, proper execution, and wise investments, it is possible to keep financial stress at bay. Want to become an expert in this field? Read this blog and explore some excellent Wealth Management courses, universities, scope, job and more!

What is Wealth Management?

Wealth Management is an umbrella term that is used to define professions where the experts devise strategies, create blueprints, and deliver a multitude of services like financial counselling, tax and accounting related advice, legal and estate planning, and retirement planning to their clients. The wealth managers also design plans and give recommendations to High Net Worth Individuals(HNIs) regarding investments. Setting realistic goals and meeting financial targets in a set period of time is difficult. Thus, to strategize financial tasks, extensive knowledge of the field and on-the-job training is required which can be obtained by pursuing a Wealth Management course. Thus, in this blog, we will discuss the important details pertaining to these courses. But before that, let us try to understand the roles and responsibilities of a Wealth Manager. 

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What Does A Wealth Manager Do?

Simple in its concept but difficult to execute, the Wealth Management course graduates have to perform an array of functions in their respective job profiles. Given below are some of the major responsibilities of a Wealth Manager:

  • Assess the client’s profile, identify the needs, and offer advice on financial matters accordingly. 
  • Maintain records of the business transactions as per the different rules and regulations.
  • Retain the existing clientele and build new business relationships.
  • Ensure that the companies comply with the procedures and policies of the bank.

Wealth Management Course: Subjects

The curriculum of the Wealth Management course is diverse. It is devised not only to impart knowledge in a wide range of areas but also to equip students with the necessary skills to understand the tricks and trades of the financial world. Here is a list of the subjects that are covered in these courses:

  • Fund Distribution
  • Loan Management 
  • Real Estate
  • Risk Management 
  • Tax Laws
  • Banking and Insurance Products
  • Debt Management 
  • Investment Vehicles 
  • Tax Planning 
  • Real Estate 
  • Client Evaluation Methods
  • Fixed Income Money Markets 
  • Equity and Debt Markets 
  • Banking Products
  • Mutual Fund Basic and Structure 
  • Foreign Exchange 
  • Legal and Regulatory Framework
  • Banking Channels

Find Out How to Make a Career in Financial Management!

Top Universities Abroad for Wealth Management Courses

With the increase in demand for trained wealth managers, universities across the world have started offering a diverse range of Wealth Management courses. These programs cover a multitude of topics that gives the students an insight into the financial world and prepares them for different tasks and job profiles. Given below are some of the best universities abroad for wealth management courses or programs:

Universities Location Wealth Management Course
University of DelawareUSABachelor of Science in Financial Planning and Wealth Management
Suffolk University
USABachelor of Science in Business Administration(BSBA)- Financial Wealth Management 
ERC Institute Singapore Bachelor of Arts (Honours) in Business Management(Wealth Management) 
Kaplan Higher Education AcademySingapore Bachelor of Business Studies (Honours) inBanking and Wealth Management 
King’s University CollegeCanada Bachelor’s Degree with a Major in Finance andWealth Management 
University of Southern QueenslandAustralia Graduate Diploma of Business-Finance andWealth Management
Sheffield Hallam UniversityUKMasters of Science in Wealth Management
Yale UniversityUSAMasters in Asset Management
Queen Mary University of London
UKMaster of Science in Investment andWealth Management
Imperial College London
UKMaster of Science in Investment andWealth Management 
Singapore Management UniversitySingapore Master of Science in Wealth Management 
Nanyang Technological UniversitySingapore Master of Science in Asset and Wealth Management 
Rutgers UniversityUSA MBA in Investments and Private Wealth Management
Texas Tech UniversityUSA BA or BS degree in Financial Planning; MA or MS degree in Financial Planning; PhD in Financial Planning
University of WisconsinUSA BA or BS degree in Financial Planning

Top Recruiting Companies for Wealth Managers

  1. Kotak Mahindra Bank 
  2. Envestnet 
  3. Reliance ADAG
  4. Bajaj Capital Ltd.
  5. UBS
  6. ICICI Securities Limited 
  7. HSBC Electronic Data Processing India Pvt. Ltd.
  8. Barclays Bank PLC
  9. Mercer LLC
  10. Bank of America Corp
  11. Yes Bank 
  12. HDFC Bank 

Note: the average salary of a wealth manager or a relationship manager in India is approximately INR 5 to 6 lakh per annum and even more with experience. 

Hopefully, this blog has given you an insight into the Wealth Management course. If you want to pursue this program from a university abroad but are not sure about how to get started with it then the experts at Leverage Edu are here to give wings to your dream. From selecting the right college to completing the admission formalities, the counselors will help you kick-start your career in this field. 

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