Wealth management as we understand it today has existed for almost a hundred years. Popularised first by American financial institutions, it is a completely different study of finance when compared to account management, with respect to mass offerings by organisations to its general customer base. Wealth management specifically deals with providing financial expertise to affluent organisations and individuals with respect to tax, legal, estate and investment management. Students who opt for our wealth management course can have lucrative career opportunities with financial advisories that specifically cater to affluent businesses, organisations and individuals who wish to have their private wealth professionally managed. Offered as a subject in the fourth semester in the study of MBA in Finance, Wealth Management is crucial to a holistic understanding of the subject
In this course, students will learn the dynamics of dealing with a unique client base, and how that affects the nature and management of client relationships. With the increasing pace of globalisation and evolution of technology, especially in Asia, the need for professionals who are skilled in strategising for affluent clients, and who are well-educated in matters of international business and taxation is ever-growing. At Bharathidasan University students are rigorously trained to work in a global environment with due attention paid to the ethics and legalities involved in this industry.
An MBA in wealth management opens the path for graduates to work with large corporations like investment firms, financial consultancy firms, insurance companies and family firms that require wealth managers. Wealth managers are also sought after professionals for high-net-worth investors looking to invest in different kinds of organisations. With the current startup climate, the importance of wealth management as a study is even more important.
With our online MBA in finance, students will learn the dynamics of working at the highest end of financial services, thereby gaining a unique expertise in the field of business administration. They will be intimately acquainted with the techniques of financial planning and wealth management, and learn to use rigorous methodologies and tools to analyse their effectiveness. By the end of the course, students of wealth management will be in a unique position to work with affluent organisations that need sophisticated and customised solutions for legal issues, portfolio investment management and a range of other financial services.