1) What does the NISM & CRISIL certified wealth manager programme offer?
NCCWM programme goes beyond mere concepts to focus on business insights and challenges. Programme content is extremely interactive and exhaustive, covering the lifecycle of wealth management – financial planning, asset allocation, asset classes, investment products (with in-depth material on mutual funds and insurance products), investment analysis, portfolio reporting and fair business practices.
2) Who should consider joining the programme?
The certification is for financial services professionals, distributors of investment products, bankers, wealth managers, independent financial advisors, brokers, financial planners, investment advisors, insurance agents and those looking to expand their careers in the financial service business.
3) What are the career prospects in the wealth management industry?
The financial services industry, especially wealth management, is very dynamic. Investor’s today look beyond transactional relationships to demand value-added services from wealth managers. Career opportunities are aplenty with banks, investment advisors, life insurers, asset management companies, broker-dealers and non-banking financial companies (NBFCs).
4) What benefits does the programme offer?
The NCCWM has a strong focus on training and upskilling. It provides a deep understanding of various asset classes and investment vehicles, as well as investment product analysis and risk parameter techniques. The programme follows a practical approach by using market data, industry trends and relevant case studies to facilitate a deeper understanding of concepts.
5) How much does it cost to pursue and attain the certification?
The registration fee for the course is Rs 12,000 and the exam fee is Rs 2,000 per attempt.
6) What is the payment process?
Online payments can be made through CRISIL's Online Learning Platform (training.crisil.com).
7) What is the license period for accessing the course?
Access to course content will be valid for two years from the date of purchase
8) Is the programme online-only?
The course is a completely self-paced online learning programme with human voice over, clickable interactivities, animations, additional reading material and knowledge checks to assess users. The modules can be bookmarked to enable quick access in the future.
9) What is the coverage of the course?
Topics covered include macroeconomics, Indian financial market and it’s participants, concepts of financial planning, tax planning, understanding asset classes and investment vehicles, analysing risk and return, mutual funds - key concepts and categories, overview of the mutual fund industry in India, insurance landscape and products and it’s taxation an claims, CRISIL mutual fund ranking and ULIP ranking, portfolio monitoring and client reporting and fair business practices.
10) How can I access the online learning modules?
Access to the e-learning topics will be provided through the NISM Elearning Platform. Once you log in to your account on the learning platform (https://estore.nism.ac.in/) with your user name and password, the NCCWM course will appear under your account. You can click on the course to access the online learning modules within the certification programme
11) How much time will it take to complete the NISM & CRISIL Certified Wealth Manager course?
All the modules within the course will require about 45 learning hours. They can be bookmarked to enable quick access in future.
12) How frequently is the content updated?
Course content is frequently updated to incorporate any new concept or change in industry practice or regulation. In addition, analysis of key events, articles and expert videos relevant for a wealth manager are frequently added to keep you updated on emerging trends and best practices in the wealth management space
13) Can I access the modules on my mobile/ tablet?
Yes, the modules can be accessed on mobiles/tablets, as these are responsive and adapt to your screen size. However, we recommend using a laptop or a large screen device for ease in learning and better knowledge retention.
14) Can I download the modules?
The modules are accessible online through the NISM Elearning Platform and cannot be downloaded.
15) What is the duration of each module?
The duration of a module ranges from 1 to 4 hours. However, study hours will vary for every individual. You need not complete a module at one go. Module content is auto-bookmarked and you may choose to pick up from where you left off the last time.