subject: Diploma in Financial Planning & Portfolio Management [print this page] Diploma in Financial Planning & Portfolio Management
Scope in Financial Market
(A). As An Executive: - PPFP would be most suitable for any of the following jobs with any brokerage house:
(a) On-line operator
(b) Relationship manager
(c) Risk manager
(d) Surveillance officer
(e) Compliance officer
(f) Development manger
(g) Fund manager
(h) Branch manager
(B) AS SELF- EMPLOYED: -
(i) Broker /sub- broker / Franchisee
(ii) Self professional trading.
Banking: Banks are the biggest financial service providers in India. Most of our house hold savings go to banks and customer is most demanding Now-a-days. Hence banks are encouraging their staff to undergo such courses. SBI & many other banks are motivating their staff to become financial planners by reimbursing the free of courses and giving lucrative incentive. Every bank prefers such professional. PPFP will be best suited for financial advisory service to clients for any bank.
Insurance: - In insurance industry PPFP would be in great demand as an executive as well as self employed professional in life insurance as well as non-life insurance companies. Due & swaroop committee recommendations and financial literacy & awareness programmes of govt, investor demand knowledge based advice. As commission based sales are row being replaced by knowledge based advice, there is a big scope for PPFP in the insurance industry.
Mutual Funds:- Most of the general investors who donot have much knowledge prefer mutual funds as compared to direct investment in shares. But now a days due to so many mutual fund plans investor is again confused & needs an expert advice to choose a right plan. Again PPFP is best suited & best prepared to give such advice, PPFP can work as an executive as well as self employed for mutual fund business.
Financial planning: - Certified financial planners (CFP CM) FPSB (INDIA) is recognized in 23 countries across the globe. It has been recognized as one of the fastest developing professions world wide. USA has 58,830 certified financial planners while India has only 986 CFP's against a need of 10,000 CFP's. Hence there is a huge shortage & great scope as CFP.
Wealth Managers:- High net worth persons always remain in a great need of wealth managers. But there is an acute shortage of such professionals. PPFP will be best suited to work as a wealth manager.
Conclusion:- In short we can conclude that PPFP will be most demanded professional in financial markets in India and abroad.
