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Q.1 What is CWM ® ?
Q.2 Who should consider CWM ® Programme?
Q.3 What are the prospects of a career in Financial Planning?
Q.4 What are the benefits of undergoing the CWM ® programme?
Q.5 Who offers CWM ® programme in India?
Q.6 What is AAFM India?
Q.7 Is CWM ® a global certification?
Q.8 What are the modes available to facilitate completion of education?
Q.9 In what language will the exam be conducted?
Q.10 How do I pursue the CWM ® certification programme?
Q.11 What are the minimum qualifications required to register for the CWM ® programme?
Q.12 How soon can I complete CWM ® Program? What is the maximum period given to a candidate to complete it?
Q.13 What if I don't complete the course in a year?
Q.14 What are the renewal requirements of CWM ® programme?
Q.15 What do I gain for recognition when I pass the exam?
Q.16 Is NJ Gurukul an authorized Education Provider?

What is CWM ® ?top

Ans- CHARTERED WEALTH MANAGER (CWM ®) is unique and the only Wealth Management certification in India. This certification comprehensively deals with all the aspects of wealth management like Investment Strategies, Life Cycle Management, Intergenerational Wealth Transfer, Relationship Management, Behavioral Finance, Alternative Products, Real Estate Valuation and Global Taxation. This certification enables the candidates to meet the current skill set needed by the industry and stand out of the crowd.

Q.2 Who should consider CWM ® Programme?

Ans- CWM ® program is ideal for professional and graduates looking to gain in‐depth knowledge of advising High Net‐Worth Individuals (HNI’S) on managing, growing and transferring their wealth.

CWM ® is for Financial Services Professionals, Existing Wealth Managers, Customer Relationship Managers, Insurance Advisors, Research Analyst, those looking to expand their careers in the Wealth Management, Private Banking ,Financial Advisory, and also graduates who want to be professionally and globally recognized.

Q.3 What are the prospects of a career in Financial Planning?

Ans- Needless to say that growth in economy is witnessed in every sector of India. Amongst them the Wealth Management Industry is one of the fastest growing disciplines of the Financial Services Sector. In total, the HNWI population is growing at over 20% CAGR, and the value of liquid assets is expected to grow at 19.8% CAGR. To offer to this populous a service to manage, grow and transfer their wealth, atleast 50000 Chartered Wealth managers are required in near future (assuming one Wealth Manager handling 50 clients).

The scope and opportunity of Wealth manager is increasing and CWM® is a course that says a lot about who you are. The credential gives you the backing, the education, the colleagues, the networking system, and the power to face your clients, your partners, your employers and your competitors.

With CWM®, you’ll be part of a globally recognized family of wealth management professionals. You’ll have access to our full spectrum of resources, industry events and networking opportunities.

Q.4. What are the benefits of undergoing the CWM ® programme?top

Ans- This course will benefit you with the following:

  • Explore the latest advances in wealth management strategy and law.
  • Expand your wealth management skills by adopting international best practices.
  • Develop a checklist of key applied techniques in wealth management that will remain with you throughout your career
  • Become an expert in evaluation, diagnosis and planning in working with Super High Net Worth Clients
  • Integrate optimum products and services in your wealth management development strategies
  • Maximize the impact of your client communications and reporting
  • Appreciate the complexities of investing in global markets and develop strategies for managing risk and maximizing returns

Q.5 Who offers CWM ® programme in India?

Ans- The American Academy of Financial ManagementTM is a worldwide Board of Standards and financial professional organization, with members in 151+ countries offering exclusive certified designations, charters, and masters certification to candidates who meet the high standards. With the objective to promote Wealth Management and Financial Advisory Standards in the country, the board offers a very prestigious and highest designation globally recognized in the Field of Wealth Management "CHARTERED WEALTH MANAGER" (CWM ® ).

AAFM India promotes Wealth Management and Financial Advisory Standards in the country by actively engaging with all the stake holders including the Government, Regulators, Educational Institutes, Training Providers, Financial Services Companies, Banks, etc.

Q.6 What is AAFM India?top

Ans- The American Academy of Financial Management® is a worldwide Board of Standards and financial professional organization, offering exclusive certified designations, charters, and masters certification to candidates who meet the high standards.

AAFM® has set up its Indian Chapter American Academy of Financial Management India Private Limited, (AAFM India) AAFM is a Standard Setting Body in India with the objective to promote Financial Advisory & Wealth Management in the country. AAFM India is responsible for establishing Curriculum Design, Certification of membership and licensing standards in India.

  • Member presence in 151+ countries
  • 17 years old non profit organization
  • Global recognition agreement with AACSB and ACBSP Accreditation Agency
  • AAFM works with more than 800 Universities worldwide

Q.7 Is CWM ® a global certification?

Ans- Yes, Chartered Wealth Manager® Designation Program is the Highest Global Designation in Wealth Management, Private Banking and Wealth Advisory

Q.8 What are the modes available to facilitate completion of education?top

Ans- AAFM India has authorized Education Providers to deliver the CWM ® programme to the students. NJ Gurukul as of now provides distance learning - e-learning mode to the students.

Q.9 In what language will the exam be conducted?

Ans- Exam is conducted only in English language.

Q.10 How do I pursue the CWM ® certification programme?

Ans- There are 2 pathways through which an aspirant can register for the CWM ® programme, namely:

  1. Compulsory Pathway : The eligibility criterion to register through Compulsory Pathway is that the candidate must have passed minimum 12 Standard.
  2. Experience Pathway : The eligibility criterion to register through Experience Pathway is that the candidate must have passed Graduation with 3 years of minimum work experience.

Q.11 What are the minimum qualifications required to register for the CWM ® programme?top

Ans-Minimum Qualification required to pursue the course is 12 pass. And graduates having minimum 3 years of relevant work experience can directly appear for Level 2.

However, candidate will be accorded the certification only if he/she is a graduate/Diploma holder. So, Parallely one can pursue this course alongwith Graduation Degree/ Diploma Studies. Certificate will be provided on completion of Graduation or Diploma from recognized institution. A candidate can be holding degrees / diplomas in Finance, Accounting, Economics or Business, etc.

Q.12 How soon can I complete CWM ® Program? What is the maximum period given to a candidate to complete it?

Ans- Candidate can appear for exam only after 30 days from the date of registration. After that he need to complete the exam within one year from the date of registration.

Q.13 What if I don't complete the course in a year?

Ans- Candidate has to get the registration renewed after registration is expired. Renewal fees with AAFM is Rs.10000/-(exclusive of Tax). Demand Draft should be in favour of ' AMERICAN ACADEMY OF FINANCILA MANAGEMENT INDIA PRIVATE LIMITED' payable at New Delhi, India.

Q.14 What are the renewal requirements of CWM ® programme?top

Ans- CWM ® programme fee is currently set at USD 100 per year. The Candidate needs to apply for Certification within 90 Days of Clearing the Level 2 Exam. If a candidate fails to do so they need to clear the level 2 exam again.

Q.15 What do I gain for recognition when I pass the exam?

Ans- These are the benefits attached to the programme -

  • Use of Board Certified Designations after your name on your Business Card and on your Promotional Materials.
  • Global Certification in true sense and no territorial examination required.
  • CWM® is awarded directly by American Academy of Financial Management, US.
  • Protect your job and be recognized by an independent and global authority.
  • Get the designation that illuminates your professional education, hard work and experience.
  • The AAFM Credentials and Board Certifications are for those who want to rise above the rest.
  • You can add AAFM to your Resume, Degree or Professional Licenses & Improve your image and salary potential.
  • Publish on our site as a Certified Member.
  • Be part of Large Members Network of 50,000+.
  • Members in more than 100 Countries with Global AACSB Alliance.

Q.16 Is NJ Gurukul an authorized Education Provider?top

Ans-Yes, NJ Gurukul is an authorized Education Provider with AAFM India.