Master in Wealth Management

Courses

The business of wealth management has evolved considerably over the past years as a function of increasing income and savings across the globe, increasing and more stringent regulation, the trend towards client segmentation and digitalisation.

The Master in Wealth Management curriculum is designed to around principal dimensions of the wealth management business, including investment products, investor preferences, client attributes, as well as essential disciplines such as legal structures and taxation.  Considerations for the providers of wealth management services, such as strategy, governance and compliance for both bank or non-bank institutions, are also integrated into the curriculum.

The individual courses are grouped into academic modules reflecting these key dimensions of the business.  A suite of electives allows the student to gain additional exposure to specific topics interest.

Semester 3

Module 3.1 Foundation

The Foundation Module provides an introduction to disciplines essential to core courses in the Master in Wealth Management

 

ECTS

Data Analysis and Statistics

2

Financial Accounting

2

 

Module 3.2 Investment Products

Investment products represent the components of the investment portfolio that generate the return for the investor.  Ultimately, they generate the return that satisfies the financial objectives of the investor.  This module provides a detailed understanding of core investment products and how they can be effectively structured to contribute to the realisation of investment and financial objectives.

 

ECTS

Fixed Income

2

Equities

2

Portfolio Theory

4

Real Estate

2

Investment Funds

2

Alternative Investments

2

 

Module 3.3. Investor Attributes

Every investor has an attitude towards investment that is unique.  Attitudes towards risk and investment biases influence investment preferences and decisions.  It is important to understand these attributes in order to ensure that the investor sets investment objectives that takes these into account, and that both the financial advisor and the investor understands their implications.  This modules provides an understanding of a range of important investor attributes, their effect on investment decisions, and how they must be considered.

                                                                                                            

 

ECTS

Behavioural Finance

2

Personal Portfolio Management

3

Private Banking

2

Philanthropy

1

 

Module 3.4  Ethics and Compliance

Ethics and compliance have taken on much greater importance in financial services over time, partly due to expectations by society at large and partly due to stricter regulation of financial services.  This module provides an understanding of the theoretical and practical aspects of ethics and compliance.

                                                                                                         

 

ECTS

Ethics and Governance in Wealth Management

2

Financial Laws, Regulations and Compliance

2

 

Semester 4

 

Module 4.1 Advanced Investment Products

More complex investment product can provide an essential contribution to balancing return and risk in a wealth portfolio and to the achievement of specific financial objectives.  This module examines such investment products in detail and how can be structured to investment portfolios.

                                                                                                            

 

ECTS

Private Equity

2

Insurance

2

Derivatives

2

 

Module 4.2 Client Attributes

Behind every private investor there is a human being with a personal life-phase, family, professional, financial and possible business other situation.  These determine to a great extent the person’s short- and longer-term financial objectives, as well as the constraints that must be considered.  This module examines wealth management from the point of view of the investor as a person with all these dimensions.

                                                                                            

 

ECTS

Estate Planning

2

Client Acquisition and Relationship Management

2

Financial Statement Analysis

2

 

Module 4.3 Strategy, Tax and Legal

Taxation and legal aspects are essential disciplines in the area of wealth management, from the point of view of both the wealth management professional and the client.  This module provides a basic understanding of those aspects of the disciplines that are relevant to wealth management.  In addition, the modules examines the business of private banking from the point of view of the provider.

 

ECTS

Private Banking Theory

2

International Taxation

2

Legal Structures

2

 

Module 4.4 Electives

Wealth management offers a number of specialised areas in terms of business lines, products, and disciplines.  This module consists of a range of electives that allows the student to gain exposure to some of these. 
(Choose four ECTS in this module)

                                                                                                             

 

ECTS

Hedge Funds

1

Family Business

1

Client Communication

1

Socially Responsible Investing

1

Currency exchanges, Lombard loans and other HNW transactions

1

Structured Products

2

Islamic Finance

2

Family Office

1

 

Academic Week-in-Residence – Singapore Management University (SMU)

The Academic Week-in-Residence comprises nine half-day seminars on a variety of subjects relevant to wealth management, delivered over six days by faculty of SMU.  This will expose students to specialised subjects they were not covered in the core course, or will provide more advanced coverage of subjects they will have already been exposed to in the core course.  The seminars also provide unique into the insights Asian aspects of wealth management.  The Week-in-Residence takes place in Singapore on the campus of SMU, and is always a highlight of the Wealth Management course.                                                                                                           

 

ECTS

Academic Week in Residence

2

 

Internship or Business Field Project

The Internship or Business Field Project will involve a minimum of four weeks on a full-time basis in a company performing an operational, research, project or similar assignment related to wealth management at a company or association.  The LSF provides assistance in the search for a suitable internship or business field project.                                                                                                            

 

ECTS

Internship or Business Field Project

6

                                                                

Non-credit Course

A range of non-credit courses are provided to enhance the curriculum with essential professional skills.  

 

ECTS

Bloomberg Training

0

Excel and VBA

0

Financial Applications using Excel

0

 

Here is a list of some past course descriptions  :