Financial planning is related to understanding all elements of a person’s financial life and suggesting helping an individual meet their responsibilities while they achieve their goals. The six main steps in financial planning include understanding your financial circumstances, identifying goals, analyzing your current course of action, developing a plan, and monitoring progress.
Pursuing an online degree in financial planning helps cultivate expertise in business advisors and financial advisory by training students in important subjects that encompass business finance, financial planning, and financial services.
If you wish to build a successful career in the field of financial planning then pursuing an Online MBA in Financial Planning can be the best step forward. Keep reading to know more about what this subject offers.
What is an Online MBA in Financial Planning?
An online MBA in financial planning trains you to understand financial services and planning principles. You can choose between two specializations Insurance, Mutual Funds, Real Estate, Equity, Blockchain, Banking, Cryptocurrency, etc. The key USPs of the program are the extensive range of Knowledge and Expertise delivered by industry stalwarts so that it is easy to create financial advisors portfolio advisors or business advisors.
Other than offering a deeper understanding of Financial Planning, Retirement Planning, and Estate Planning, the program also offers a technical understanding of business banking and finance. Therefore, the program also helps in developing acumen in designing, developing, and managing portfolios hedging such portfolios through Derivatives, and understanding estate planning for developing capability in wealth transfers.
The program of online MBA in Financial Planning also develops an understanding of financial markets and economic policies with business acumen for guiding businesses and MSMEs in strategizing their business aspects.
Why Pursue an Online MBA in Financial Planning and Services From Chitkara University?
Pursuing an online MBA program in Financial Planning from Chitkara University can enhance your entrepreneurial setup as a financial advisor and a business advisor. It also opens many new opportunities for getting placed across Banking, Financial Planning, and Financial Services domains.
Even people sitting at home can become household financial planners managing their family unit money with effective portfolio management and financial planning.
1. Comprehensive Financial Planning
The online MBA in Financial Planning provides candidates with the necessary tools and techniques to become successful in Financial Planning as wealth managers and portfolio advisors. In the present dynamic financial and economic landscape. Students can learn innovative models and practical techniques for designing portfolios to be called financial advisors.
2. Business Advisory for MSMEs
An online MBA in Financial Planning also helps in focusing on skill development and guiding MSMEs on their Financial Planning and Portfolio other than Business Advisory Services by understanding financial services, economic policies, and financial markets so that they can become business advisors.
3. Industry Curriculum
The curriculum of the online MBA in Financial Planning is exclusively designed and delivered by some of the top industry stalwarts. The program also helps you to engage with a network of participants who have been working as Financial Advisors, Planners, and Business Advisors.
4. Specialization
The online MBA in Finance helps you to choose any two specializations from Insurance, Mutual Funds, Equity, Cryptocurrencies, Real Estate, and Blockchain Technology. These specializations provide students with a detailed understanding of the field of Finance.
Benefits of Online MBA in Financial Planning
You can master comprehensive financial planning, guide the MSMEs, stay ahead in the Fintech revolution, and also embrace online learning for a career in the dynamic world of Finance. Some of the benefits are mentioned below.
- You can specialize in different aspects of financial services and planning while also becoming capable financial planners, financial advisors, and business advisors.
- The program curriculum should be exclusively designed and delivered by the top CXOs across industry sectors.
- Students should gain education for over 600+ learning hours and 60+ master class sessions so that they can hone their skills for the next era of financial services, financial planning, and business advisory services.
- Students can also engage with a diverse community of participants from around the world.
- Graduates can also participate in discussions and exchange ideas and perspectives by improving their learning experience along with networking possibilities.
- The online MBA in Financial Planning also offers an opportunity for professionals to diversify into upcoming fields of Finance and also for homemakers who are capable household financial planners who are managing their family unit money.
Learning Outcomes of an Online MBA in Financial Services and Planning
After the completion of an Online MBA in Financial Services and Planning, there are beneficial learning outcomes that can be achieved.
- Students can learn innovative models to design portfolios for customers by hedging them with derivatives and effectively incorporating flagship financial products to generate apt return risk parameters. You can also be called a portfolio advisor.
- Graduates are also taught how to demonstrate a comprehensive understanding of financial planning tools along with estate planning intellect for effective wealth transfers which is why they are called financial planners and advisors.
- The graduates are also trained with practical knowledge of economic policies, the financial market, and their overall impact on MSMEs so that they can strategize their business side and become business advisors.
- Graduates can learn how to gain an in-depth understanding of managing self or family unit wealth so that they do not fall trap to mis-sellers and become household financial planners capable of managing their family unit money.
- Graduates can become trained to work as entrepreneurs and professionals and gain the first-mover advantage for managing domestic and NRI clients.
- The graduates can also become job-ready for the vast opportunities in the financial sector where no one comes with the judicious blend of relevant qualifications and detailed knowledge.
Summing It Up
Completing an Online MBA in Financial Planning can be one of the best steps if you wish to have a successful career in the field of finance. Regardless of whether you are a working professional or someone who stays at home, you can pursue an online MBA in Financial Planning to gain the knowledge required to build a successful career.