Programme Overview

Offered by IIM Calcutta in collaboration with the Financial Planning Standards Board (FPSB) India, the Executive Programme in Wealth Management & Planning prepares professionals for a wealth management landscape being reshaped by AI, digital innovation, regulatory complexity and changing client expectations. As personal finance grows more complex — wider investment choice, longer life expectancy, inflationary pressure, greater individual responsibility for financial security and, in India, rising retail participation and a shift towards goal-based planning — the demand for skilled, ethical and client-centric advisors has never been greater. The programme builds strong foundations across investment planning, portfolio construction, financial markets, taxation, insurance, retirement planning and advisory practice, and equips participants to critically evaluate and responsibly apply AI-enabled tools — robo-advisory, data-driven investing and digital advisory platforms — within evolving regulatory and ethical frameworks. Aligned with the competency requirements of NISM Investment Adviser certifications (Level 1 & 2), it is highly relevant for professionals in investment advisory, wealth management, financial distribution and relationship management roles. By combining academic rigor, industry relevance and technological insight, the programme aims to develop future-ready professionals capable of delivering intelligent, ethical and technology-enabled wealth advisory solutions in a dynamic financial ecosystem.

Academic Collaboration
Co-hosted with FPSB India, the programme gives participants the opportunity to fast-track their journey towards the globally recognised CFP® certification. The CFP education component follows a curriculum aligned with the educational requirements set by FPSB Ltd. and comprises four specialised courses, each with a corresponding examination:

  • FPSB® Investment Planning Specialist
  • FPSB® Retirement and Tax Planning Specialist
  • FPSB® Risk and Estate Planning Specialist
  • FPSB® Integrated Financial Planning

This integrated pathway combines academic rigor with an industry-recognised certification, enabling participants to build credible and future-ready careers in wealth management and financial advisory.

Programme Objective

The programme will:

  • Build a strong foundation in personal financial planning, enabling participants to assess client needs and design goal-based financial strategies across life stages.
  • Provide a comprehensive understanding of Indian financial markets and key investment avenues, including equities, fixed income, insurance, and retirement solutions.
  • Develop capabilities in portfolio construction, asset allocation, and risk management using modern portfolio theory and practical frameworks.
  • Strengthen understanding of regulatory, compliance, and taxation aspects relevant to financial advisory and wealth management in India.
  • Incorporate behavioral finance insights to enhance client engagement and improve investment decision-making outcomes.
  • Introduce AI-driven innovations in wealth management, including robo-advisory, data-driven investing, and emerging digital advisory models.
  • Equip participants to critically evaluate and responsibly apply AI and technology in financial advisory within regulatory and ethical boundaries.
  • Enhance professional advisory skills including communication, relationship management, and client acquisition in a competitive financial services environment.
  • Prepare participants for career advancement in investment advisory and wealth management, aligned with NISM certifications and pathways toward CFP® certification.
Programme Directors
Professor Ankit Kumar

Professor Ankit Kumar

Economics

Professor Sudarshan Kumar

Professor Sudarshan Kumar

Finance and Control

Who Should Attend
  • Wealth managers and relationship managers
  • Financial advisors and planners
  • Banking and financial services professionals
  • Insurance and investment distribution professionals
  • Fintech professionals and entrepreneurs building advisory or wealth platforms
  • Professionals seeking to transition into personal finance, financial planning, or wealth advisory
Eligibility
  • Graduates (10+2+3)/Diploma Holders (10+2+3)/Post Graduates (10+2+3) in any discipline with 50% aggregate marks from an AICTE or UGC approved University, and a minimum of 3 years of work experience post completing graduation as on the Programme Start date, i.e., the Technical Orientation date.
  • IIM Calcutta will do screening & selection.
  • Candidates should be currently employed.
  • Eligible candidates will be selected on the basis of an assessment of educational and professional background and motivation, based on the application form submitted.

Professionals working in any of the following enterprises will be considered:

  • A Bank
  • Non-Banking Finance Company
  • Asset Management / Mutual Fund Company
  • Insurance Company
  • Securities Company
  • Portfolio Managers
  • Brokerage Houses
  • Registered Investment Adviser (in the capacity of ‘persons associated with investment advice’) registered before June ’25
  • Corporate Finance / Accounts or Treasury Department of a company registered with the RoC
  • Experience in a related domain in an Academic Institution

The following roles/functions will also be considered as relevant experience:

  • Performing roles in firms (bank, mutual fund, insurance, securities firm, fintech, etc.) in functions such as accounting, auditing, fund accounting, fund management, marketing, business promotion, customer interface, financial/investment product intermediation, corporate finance, and articleship toward attaining Chartered Accountant accreditation.
  • Working in pro bono volunteer engagements providing guidance to individuals/families with limited financial resources or those who have gone through financial shocks, bereavement, etc.
  • Practicing intermediation or advisory in one or more financial planning components, comprehensive financial planning, or journalism in personal finance.
Programme Duration and Delivery

Programme Duration: 9 months

Classroom Component: The programme will be delivered through the D2D platform once a Week (Saturday – 9:00 am – 12:00 pm).

Campus Component: The in-campus component is covered in two visits of 3 days each — 6 days in total — one towards the beginning of the programme and one towards the end. The campus visits are conducted subject to any exigency or pandemic situation. The in-class experience of face-to-face interaction with the faculty provides an opportunity for immersion in the Institute’s academic environment. The campus visit is mandatory for all participants.

Programme Fee

Programme fee: INR 3,86,000/- + (applicable taxes)

CFP Certification fee: INR 84,000/-, payable by the participant directly to FPSB India on the FPSB website, as follows:

  • INR 73,000 at the time of enrolment
  • INR 11,000 upon successful completion of the CFP Examination and Financial Plan Assessment (FPA)

Reattempt fees for the CFP Examination and FPA will be payable at the prevailing applicable rates. FPSB India reserves the right to revise the fees for reattempts and the final CFP Certification from time to time.

Pedagogy

The pedagogy will be highly interactive. It will leverage the use of technology and will consist of, depending on the subject, a judicious blend of lectures, real-life case studies, relevant AI tools, quizzes, assignments and self-learning materials. The sessions will be delivered at IIM Calcutta Campus and through the D2D platform provided by Emeritus. A Capstone Project is involved as well.

Programme Content
  • Module 1: Foundation of Financial Markets & Investment
    Theme: Foundation – Building Financial Expertise
    • Introduction to Finance
    • Time Value of Money
    • Introduction to Indian Financial Markets
    • Money Market & Banking
    • Fixed Income Securities
    • Stocks: Value & Investments
    • Forex market
    • Derivative Market
  • Module 2: Portfolio Construction & Investment Strategies
    Theme: Strategies – Designing Wealth Solutions
    • Introduction to Investment
    • Modern Portfolio Theory
    • Portfolio Construction & Asset Allocation
    • Risk Management & Insurance
    • Life Insurance & Wealth Protection Strategies
    • Retirement Planning & Retirement Products
    • Mutual Funds, ETFs & Smart Beta Strategies
    • Portfolio Construction & AI-assisted Portfolio Optimisation
    • Alternative Investment
  • Module 3: Wealth Advisory, Client Planning & Behavioural Finance
    • Wealth Regulations, Compliance & Digital Governance
    • AI-enabled Client Discovery & Financial Life cycle Planning
    • Closing the Deal with Clients
    • Taxation
    • Capital Gains
    • Estate Planning
    • Behavioural Finance
  • Module 4: WealthTech & Future of Wealth Management
    Theme: Intelligence – Leveraging AI & Data in Wealth Management
    • Introduction to AI in Wealth Management
    • Robo-advisory Development
    • Introduction to Algorithmic Trading
    • Data-Driven Portfolio Insights & Personalization
    • Agentic AI Workflows
    • Digital Platforms & Wealth Tech
  • Module 5: Leadership in Action
    Theme: Leadership – Delivering Advisory Excellence
    • Ethics, Compliance & Regulatory Responsibilities
    • Conflict & Negotiation / Talk by Industry Leaders
  • Capstone Project
Programme Sample Certificate
EPWMP
Alumni Status
  • LDP participants who complete the programme successfully become the Alumni of IIMC Executive Education, which currently has over 35,000 members.
  • LDP Alumni are given an email-id in the IIM Calcutta domain.
  • LDP Alumni can register in the IIM Calcutta Alumni portal either with this email-id or with their personal email-ids. The IIM Calcutta Alumni portal is a common platform for Alumni of all programmes of the Institute to interact with each other and stay connected with the Institute.
  • The Institute shares newsletters, important news and articles about the Institute and its activities, the achievements of the Institute's faculty, staff, students and alumni, upcoming events and programmes etc., on the portal.
  • Alumni can post their achievements, write about jobs or LIVE project opportunities for other alumni to see.
  • The IIM Calcutta alumni network can also be accessed on mobile phones through the mobile app.
  • Executive Education Alumni are entitled to a discount of 5% on the programme fee if they opt to do another LDP.
  • By using the different features of the IIM Calcutta portal, alumni across programmes can engage with each other in many meaningful ways. It is up to the alumni themselves to leverage the platform
How to Apply

For further details and for downloading the application form please visit - Will share soon

How to Apply
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