Synopsis
Topics
- Financial Planning Process
- Asset and Credit Management
- Risk Management
- Insurance Products
- Tax Planning
- Estate Planning
- Investment Planning
- Retirement Planning
- Income Tax Planning
- Central Provident Fund
- Professional Ethics and Compliance
- Robo Advisory
Learning Outcome
- Demonstrate understanding of the financial planning process
- Apply tools and methods in financial planning
- Show an appreciation of the financial advisory profession
- Formulate a financial plan in accordance to given constraints
- Appraise financial planning case studies
- Analyse various risks underlying financial plans
Who Should Attend
FIN379 is suitable for undergraduate and adult learners who wish to develop practical knowledge of personal financial planning and wealth management. It is particularly relevant to learners interested in budgeting, debt management, education planning, investment planning, retirement and CPF planning, insurance, personal income tax and estate planning. The course is also useful for learners considering careers in financial services, financial advisory, banking, insurance, wealth management or related client-facing roles. Basic numeracy is expected, but prior professional experience in financial planning is not required.
Relevance of Course to employment/upskilling/reskilling
This course equips learners with practical capabilities in personal financial analysis, cash-flow and debt management, education and retirement planning, investment and portfolio evaluation, insurance-needs assessment, CPF, personal income tax, estate planning, and business succession planning. These capabilities are relevant to client-facing roles in financial advisory, personal and retail banking, bancassurance, wealth management, and relationship management. By developing learners’ ability to assess financial circumstances, quantify financial needs, evaluate risks and products, and recommend integrated financial plans across different life stages, this course supports the upskilling of existing finance professionals and the reskilling of mid-career entrants into financial-services roles. It also strengthens financial decision-making, advisory, analytical, and client-engagement skills that are increasingly important in Singapore’s financial-services sector.
Schedule
| Time | Agenda |
|---|---|
| Lecture 1 | Face to Face |
| 19:00 - 19:15 | Introduction, course expectations and overview of personal financial planning |
| 19:15 – 20:15 | Financial planning process, benefits and personal financial statements |
| 20:15 – 20:25 | Break |
| 20:25 – 21:45 | Cash budgets, financial ratios and time value of money |
| 21:45 – 22:00 | Summary, applied exercise and questions |
| Lecture 2 | Face to Face |
| 19:00 - 19:15 | Recap of Lecture 1 and introduction to liquid asset management |
| 19:15 – 20:15 | Liquid assets, inflation risk, credit and debt management |
| 20:15 – 20:25 | Break |
| 20:25 – 21:45 | MSR, TDSR and education funding planning |
| 21:45 – 22:00 | Summary, applied exercise and questions |
| Lecture 3 | Face to Face |
| 19:00 - 19:15 | Recap of Lecture 2 and introduction to investment planning |
| 19:15 – 20:15 | Equity and bond investment, valuation and yield |
| 20:15 – 20:25 | Break |
| 20:25 – 21:45 | Duration, investment risk, diversification, portfolio beta and portfolio construction |
| 21:45 – 22:00 | Summary, applied exercise and questions |
| Lecture 4 | Face to Face |
| 19:00 - 19:15 | Recap of Lecture 3 and introduction to retirement planning |
| 19:15 – 20:15 | Retirement planning, pension systems and the role of CPF |
| 20:15 – 20:25 | Break |
| 20:25 – 21:45 | CPF schemes and retirement-needs quantification |
| 21:45 – 22:00 | Summary, applied exercise and questions |
| Lecture 5 and Class Test | Face to Face |
| 19:00 - 19:15 | Attendance, Class Test instructions and preparation |
| 19:15 – 20:45 | Class Test — 90 minutes |
| 20:45 – 20:55 | Break |
| 20:55 – 21:50 | Risk management in retirement planning and insurance products |
| 21:50– 22:00 | Summary, questions and guidance on supplementary Canvas materials |
| Lecture 6 | Face to Face |
| 19:00 - 19:15 | Recap of Lecture 5 and introduction to personal income tax |
| 19:15 – 20:15 | Singapore personal income tax and tax computation |
| 20:15 – 20:25 | Break |
| 20:25 – 21:45 | Estate planning, wills, nominations, trusts and business succession planning |
| 21:45 – 22:00 | Course summary, applied exercise and questions |
| Final Assessment (In-person at SUSS campus) | |
Assessments
The overall course grade is determined by
- Class Test – 40%
- Class Participation – 10%
- Exam – 50%
Admissions pre-requisite
Refer to graduate CET admissions and also include Admission Eligibility Criteria for Graduate CET Modular Courses
/admissions/application-process/eligibility/cet-modular-courses-admission-criteria
Trainer info
Mr. Ronald Wong holds a Master of Business Administration from the University of Birmingham (Birmingham Business School) and is also a Certified Financial Planner Professional and a registered Trust and Estate Practitioner (TEP) with STEP. He is currently the Managing Director at Financial Perspectives Pte Ltd. With close to 20 years of consulting and teaching experience, he has consulted and coordinated planning for business owners and high net worth individuals in the region. His experience ranges from personal financial planning to coordination of private placements and family wealth and legacy planning.
Course Completion requirements
- Attendance: Participants must achieve at least 75% attendance.
- Assessment: Participants must sit and pass all prescribed assessments and submit all course work stipulated in the section Assessments.
- Evaluation: Participants are required to complete course evaluations conducted by SUSS and SSG at the end of the training.
Course Fees, payment and refund policy
| International Participants | Singapore Citizens (below 40yrs), Permanent Residents | SkillsFuture Mid-Career Enhanced Subsidy1 (Singaporeans aged 40 and above | Enhanced Training Support for SMEs2 (Singaporeans and PRs) | |
|---|---|---|---|---|
| Course Fees (A) | $ 1,753 | $ 1,461 | $ 1,461 | $ 1,461 |
| SSG Grant Rate (B) | - | 70% | 70% | 70% |
| SSG grant (C) | - | $ 1,022.70 | $ 1,022.70 | $ 1,022.70 |
| Nett course fee (A)-(C) = (D) | $ 1,753.00 | $ 438.30 | $ 438.30 | $ 438.30 |
| 9% GST on net course fee (E) | $ 157.77 | $ 39.45 | $ 39.45 | $ 39.45 |
| SSG Enhanced Funding Rate (F) | 0% | 0% | 20% | 20% |
| SSG Enhanced Grant (G) | - | - | $ 292.20 | $ 292.20 |
| Total nett course fee payable, including GST (D) + (E) - (G) = (H) | $ 1,910.77 | $ 477.75 | $ 185.55 | $ 185.55 |
For the various payment mode, please refer here.
For the refund policy, please refer here.
For clarification, please contact the SUSS Academy via the following:
Telephone: +65 6248 0263
Email: [email protected]