Introduction
Our Diploma in Wealth
Management fulfils the needs of those seeking a career
and a lifestyle. The programme aims to develop a set of
conceptual frameworks and analytical tools, and applies
these to particular investments and investment
strategies chosen from a cross-section of companies,
securities and institutional contexts. Boundless job
opportunities in this area are available. The other
objective of the course is to provide all individuals to
achieve better asset management skills and good
financial habits. With this, one is able to better plan
for the future.
Education is an essential element in ensuring that we
play an active role in the change process. Your studies
will provide you with the abilities to contribute and at
the same time develop yourself as a competent and
professional manager.
There is more wealth in Singapore and other parts of Asia than
ever before and that wealth requires managing. Everybody needs
financial planning skills and a mind-boggling array of increasingly
complex, but oftentimes little understood, financial products
is available. This Diploma in Wealth Management is immensely suitable
for at least three groups of prospective course participants:
people who are looking for a rewarding career in the finance industry,
employees in other industries who are contemplating a career switch,
and individuals who desire to be well-educated in personal financial
planning and wealth management. To whichever group you may belong,
this programme provides you with cutting-edge knowledge about
financial products, market trends and client relationship management
as well as an understanding of the latest methodologies and analytical
tools.
Designed
for:
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Executives
and those who wish to embark upon a career
in the finance industry; |
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Individuals
who wish to upgrade themselves and pursue
an undergraduate programme in the business
or finance discipline. |
Accreditation
The Diploma is developed
by Centre for Professional Studies (CPS) and
accredited by the American Academy of
Financial ManagmentTM
(AAFM). Centre for Professional Studies
is a registered private school with the Ministry
of Education Singapore. Participants who
successfully complete the diploma will qualify for
Chartered Wealth Manager (CWMTM)
professional accreditation from AAFM.
Entry
Requirements
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Credit
passes in 3 GCE "O" levels subjects
or equivalent |
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Attainment
of 'N' Levels qualification or equivalent
with relevant working experience |
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Professional
or academic certificates from recognised
institutions |
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In
the absence of equivalent qualifications,
mature candidates (18 years and above)
with relevant working experience will be
considered on a case-by-case basis) |
Alliance Partners
Programme
Outline and duration
This
part-time Diploma in Wealth Management consists
of 7 modules can be completed in 9 months. Each
module takes place over a period of a month,
comprising 76 hours per month.
Participants will be involved in interactive lectures, group discussions, activities
and exercises. Each participant's learning will be assessed by way of continuous
assessment, such as assignments, tests, quizzes, oral presentations and/ or examination,
which allows participants to demonstrate competency at stages of learning.
The
7 modules are: WM - 810 Options Trading
This module focuses on an overview and current trends
of options trading. Options trading is an attractive
wealth management tool that constitutes an alternative to trading
stocks. Whilst
options trading will be relaunched in Singapore
very soon, options can also be traded in many developed markets
(such as the Chicago
Board Options Exchange) via the internet. The unit
covers the various technical aspects of options. In addition,
psychological
and strategic aspects of options trading are covered
on an introductory level.
WM - 811 Financial Considerations of High Net-worth
Individuals
This module focuses on the development of effective
investment policy for mass affluent and high net-worth
clients. It covers the industry overview and trends in the private
banking
business, compliance and regulation, and an appreciation
of the microeconomic impact on the business and client relationship
management
in the context of wealth management.
WM - 812 Portfolio Construction
This module covers the first part of the investment
process from constructing investment objectives
and policies to asset allocation, security selection, revisions,
monitoring, and
performance measurement and attribution for individual
and institutional clients. The concepts of risk and return, modern
portfolio theory
and the market anomalies will be discussed in great
depths.
WM - 813 Alternative Investments
This module covers portfolio strategies such as tactical
asset allocation to re-balance a portfolio of financial
assets. A detailed analysis of the various hedging
strategies for equities
and fixed income will be discussed. The role of
private equity, hedge funds and venture capital
in wealth management will also
be included. Further understanding of alternative
assets such as commodities; precious metals, arts & paintings,
stamps, real estate and insurance will be deliberated
too.
WM - 814 Risk Management Strategies
This module focuses on the current role and the position
of risk management practices within the wealth
management industry. It will provide an understanding of the wealth
management firms'
risk exposure and their approaches to measure and
manage those risks. Topics will include the identification of
market, credit,
operational, legal and reputational risks on various
types of financial products. Mitigation of risk and strategies
deployed
will be discussed concurrently with the identification
of risk.
WM - 815 Tax, Legal and Estate Planning
This module will focus on asset ownership structures
devised specifically to address the incidence of
taxes and to manage estate protection and generation planning.
It will identify
and discuss the different categories of taxes in
various countries that are relevant to the private investor and
how these impact
wealth accumulation and the ultimate wealth distribution
in the context of generation planning.
WM - 816 Paper Trading
This module covers both options and equity trading
designed for novice traders to gain practical trading
experience and also for experienced traders who need to refine
their strategies.
Participants use an Internet-based platform to trade
stocks and stock options. The programme gives
participants the opportunity
to practice
and gain valuable trading experience without losing
real capital. The trading history of the
participants will be tracked
and profits
and losses are evaluated. Paper Trading
participants
will be taught and coached on the different technical trading
techniques.
Faculty
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CHRISTOPHER GOH
Principal Consultant and Corporate
Trainer, JC Business Advisory Pte Ltd
MBA (Strategic Management), University of East London, CWM, CRA, AFP
Christopher is a senior
financial professional with more than 15
years experience in investment banking,
treasury risk management and strategic
planning. He has great strengths in risk
control, product accounting, revaluation
methodology and operations control. He
has successfully set up risk management
procedures and monitoring tools for various
banks over the years. Christopher has also
been providing finance-related trainings
to financial consultants and clients. Christopher
currently provides advisory to MNCs in
Beijing and conducts corporate training
focusing on a range of wealth management
courses for the banking sector and on risk
management to international central bankers
in London. He is also an Associate Member
of Singapore Society of Financial Analysts
and member of Association for Investment
Management and Research and Chartered Institute
of Bankers.
NICHOLAS TAN
Remisier, UOB KayHian
MBA (Strategic Management), University of East
London, CWM, CRA, AFP
Nicholas
has more than 10 years of experience in the
foreign exchange (FX or Forex) arena. He had
been a FX dealer with a few foreign banks and is
currently a remisier with UOB KayHian. His areas
of focus includes taking propriety position and
quoting prices to both corporate and private
clients, to name but just a few. Nicholas is
currently facilitating the futures and currency
trading sections of our Diploma in Wealth
Management, Paper Trading module.
 JOSEPH
KWOK
Manager, Financial Advisory, Wealth
Management, Standard Chartered Bank.
B. Comm (Accounting & Finance ) & M.
Comm, University of New South Wales. AFP.
CPA.
Joseph is an Associate
Financial Planner (AFP) with Financial
Planning Association of Singapore and Certified
Public Accountant (CPA) with Australian
Society of Certified Practicing Accountants.
Joseph has many years of exposure in the
banking sector. He currently champions
the development of integrated wealth platform
and other financial advisory tools for
Standard Chartered Bank. He provides investment
updates and strategies for the sales network,
educate sales network sophisticated investments
instruments and portfolio planning. He
also publishes monthly market update and
quarterly investment bulletin to high net-worth
clients and assists bankers in advising
clients on investment products and portfolios.
Prior to the current portfolio, Joseph
had been intensively providing financial
and investment advisory services to clients
in renowned organisations such as Westpac
Banking Corporation, Merrill Lynch International
Bank, Prudential-Bache International and
ING Asia.
 DR.
CHARLIE LIM
Stockbroker, UOBKayHian.
NGH Certified Hypnotherapist (National
Guild of Hypnotists)
5th Path & 7th Path Hypnotherapist
BBA. BSc (Psychology). MBA. DBA.
After
a successful and meaningful career with
SIA, Dr Charlie
Lim joined Deutsche Morgan Grenfell as
a Stockbroker in 1995 and was head-hunted
by UOBKayHian Pte Ltd in 2000. He is highly
experienced in equity trading and has a
large pool of delighted clients. He is
involved in coordinating IPOs, especially
those from China and M&A projects.
Charlie is also a strong believer in lifelong
learning. He is currently pursuing Harvard
Business School courses and doing community
service as a soccer coach.
 VICTOR
LIM
BBA, NUS. CFA
Victor
Lim is a Certified Financial Analyst
(CFA) with the Association
for Investment Management and Research
since 1990. Victor has 10 years of experience
as an investment analyst for a diversified
range of clients in the Asia Pacific region.
Until recently, he was the Research
Manager of Refco, responsible to provide
investment advisory to clients in private
wealth management and stock broking. He
is specialized in building stock portfolios
for clients in the Asian Region and has
in the meantime started his own company
managing his own Fund.
 ANDY
ONG
Chief Executive Officer, ERC Holdings & Managing
Editor, Asia Financial Planning Journal
BSc, NUS. CFP.
Andy is the Managing Editor
of Asia Financial Planning Journal, the
definitive trade journal for financial
services professionals. The journal is
published by AFPJ Pte Ltd which specialises
in publishing financial planning journals
and books, and organising conferences related
to the financial services industry. Andy
is a Certified Financial Planner, a professional
designation bestowed by the Certified Financial
Planner Board of Standards. He is the Founding
President the Financial Planning Association
of Singapore (FPAS). He is a member of
the Financial Planning Association (US)
as well as the author of several best selling
books in Singapore and Malaysia which include Personal
Financial Planning in Singapore and Malaysia and Investing
in Unit Trusts in Singapore, to name
a few. He is also the lead author and editor
in chief of Singapore's only financial
planning textbook, A Singapore Guide
to Personal Financial Planning. He
has also contributed articles to various
business and personal finance magazines.
Being a sought after speaker, Andy is a
frequent guest on television programmes
about personal finance on CNBC, Bloomberg
and Channel News Asia. He has also been
extensively quoted and frequently contributed
articles to a variety of print and wire
media such as The Straits Times, The Star
and other leading print media.
 PAUL
STEFANSSON
Chief Executive Officer, Ipac Financial
Planning Singapore Pte Ltd
Bachelor of Commerce, University of Manitoba. CFA. CFP.
Since
completing university, Paul has become
a Fellow of the Society
of Actuaries, Fellow of the Canadian Institute
of Actuaries, Chartered Financial Analyst,
and Certified Financial Planner. Paul has
20 years of financial services experience.
He is currently the CEO of Ipac financial
planning Singapore, Asia Pacific's leading
financial planning company with over 20,000
customers and $5 billion of funds under
advice. Paul also sits on Entrepreneur's
Resource Centre's Advisory Board. Paul
started his career in the life insurance
industry in 1985 with Great-West Life in
Canada in actuarial valuation, product
development, marketing, agency compensation,
and group underwriting. After 5 years with
Great-West Life, he joined North American
Life to reengineer the defined benefit
pension division. He was then recruited
by Assante Corporation to work on investment
management and business development. Paul
is also on the Executive Committee and
is head of the Certification Committee
for the Financial Planning Association
of Singapore and is a prolific speaker
on the topics of investment and wealth
management. He has also been featured in
CNBC, The Straits Times, Business Times,
Smart Investor, Fundsupermart magazine
and on News Radio.
 Calvin
Yeo
Personal
Financial Coach
Trainer & Principal Consultant
Calvin
began his career in the financial industry 14
years ago with a subsidiary of DBS Group. His
wealth of experience brought him to many
companies including I.C.S. Limited, Professional
Investment Advisory Services Pte Ltd, A.I.A. and
finally G K Goh Wealth Management Group. Calvin
is a Financial Advisor and a Trainer by
profession. He started training in 1996 and has
been very active in the training arena since.
His area of expertise includes Wealth, Financial
Planning, Financial Literacy, Stocks & Shares
Trading, Sales and Customer Service. Recently
Calvin has just started his own Personal
Financial Coaching business. He helps his
clients learn the traits of managing their own
wealth and finances. He provides the tools for
his clients to guide them through a series of
courses through a concept call “The Wheel of
Wealth”. He is considered as one of the very few
Financial Coaches in Singapore.
 Edwin
Choo
Financial Services Director, Prudential
Assurance Singapore
MBA (Distinction) in Financial Services, Vancouver University
Edwin is the Financial
Services Director of Prudential Assurance
Singapore. During his active personal sales
periods, he had achieved various company
awards and international recognition such
as Million Dollar Round Table (MDRT) for
consecutively 6 years. Edwin was promoted
to the Management level in 1996 and has
since achieved several awards such as Top
10 Group Manager of the Year and GAMA Singapore
Management Awards (Gold and Platinum).
Edwin is a PhD Research Fellow with Preston
University. He is also a Fellow in the
Chartered Financial Practitioner programmes.
 VINCENT
TAI
Introducing Broker to Natexis Commodity Markets, Elim Associates Pte Ltd
MBA (Financial Management), City University,
Washington.
Vincent
was a financial derivative professional with 2
large multinational companies for more than 12
years. His main strengths are in exchange traded
leveraged products, such as futures and options.
Used to offer trading advice to clients, he is
currently an investor in overseas exchanges.
Generating an average of 1.5 times return on
equity, he is well versed on the macro and
microeconomics governing the markets. Vincent
has lectured at commercial schools on capital
market instruments, conducted workshops for
large multinational companies and wealth
managers.
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Assessment
At the end of each module, participants will complete
an examination. The hands-on Paper Trading module
will also allow for students to put their newly
acquired skills and knowledge to the test, under
the careful guidance of two Mentors who will chart
their progress and development.
Progamme Advancement
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Entrepreneurship Institute Australia |
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Entry into Associate Degree in Business Administration. |
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Upon completion of the Associate Degree in Business Administration, students can advance to the Bachelor of Business Administration (Entrepreneurial Management). |
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Financial Planning Association of Singapore |
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Exempted from the courses of Foundations in
Financial Planning and Investment Planning modules
of AFP, AWP, CFP. |
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Required to sit for FPAS examination of the above
mentioned two modules. |
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Award
Students
will be awarded the Diploma in Wealth
Management upon successful completion
of all modules. |
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Course Fees
The entire programme fee is payable in 2 equal installments listed below:
For Part-Time Participants:
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Fee |
Payment Due Date |
Amount Due |
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Application Fee |
On application |
S$
50 |
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Installments |
Payment Due Date |
Amount Due |
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1st
Installment |
Upon acceptance into the
programme |
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2nd
Installment |
Two
weeks before the commencement of module 4 |
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Total
Course Fee |
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The programme fee
includes textbooks, course materials and seminar
fees.(No hidden cost)
All fees are payable to "Centre for Professional
Studies Pte Ltd" in Singapore Dollars.
Please note that the tuition fees and/ or other
course fees may vary over time due to CPS's
promotions. We would try our best to update the
tuition fees and any other course fees on this
website in a timely manner. Our programme executives
would be pleased to provide you with the most
updated price list.
An administrative fee of $100 would be made payable
by any participant upon withdrawal from the
programme.
The Diploma in Business is pre-approved by the Skills development Fund (SDF).
SDF was formed with the primary objective of encouraging employers to invest in skills upgrading of the workforce. The SDF does this by offering assistance as an incentive to companies to mount training programmes for employees.
Participants will be eligible for an SDF training support of 80% of the total course fee if they fulfill the SDF requirements:
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Companies are registered or incorporated in Singapore. |
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Training is fully sponsored by companies. |
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Participants are employees who are either Singapore Citizens or Permanent Residents (PR) of Singapore. |
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Participants have achieved at least 75% attendance and have sat for all examinations. |
Application Procedure
Interested applicants are required to submit the following:
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Duly-completed the Application Form; |
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Attach copies of education certificates, transcripts and any supporting documents (absence of minimum academic qualifications); and |
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Submit to Centre for Professional Studies. |
SDF Registration Procedures
(Please skip step 1 if your company is already registered with SDF) |
