Programmes
Advanced Diploma in Wealth Management

The Perfect Balance of Academia & Practice

The Advanced Diploma in Wealth Management (ADWM) allows the learner to graduate with an academic qualification as well as an industry recognised certification from the Institute of Banking & Finance Singapore (IBF). Only through the expertise and experience of WMI and our faculty, can this perfect blend of academia and industry be achieved through one specially curated programme.

Each of the seven modules is individually crafted to impart knowledge capital covering various skills, competencies and trends covering the full spectrum of wealth management related to the High Net Worth (HNW) client segment.

Choose based on learning needs, job role or simply one’s own interest and curiosity.

For those who wish to be accorded the Advanced Diploma, all seven modules and assessments should be completed within a span of three years. Persons with at least 3 years’ relevant experience will in addition, be eligible for IBF Level 2 Private Banking certification.

WMI’s practice-led curriculum will be delivered by our top faculty who are subject matter experts in their field. Read on further to find out more about the faculty we have specially selected for you.

The Advanced Diploma in Wealth Management qualification and achievement can form your first and important step towards lifelong learning and continuous upskilling of competencies. We look forward to start this journey with you.

WMI. We make impact

Curriculum

This programme is conducted on a part-time basis and you may select any module or complete the programme in a schedule that best fits you. Modules are delivered through a blended learning pedagogy, building on interactive pre-class online learning for foundation concepts and knowledge, reserving classroom for skills application and topics that have higher complexity. Modules feature assessments to check for learning transfer covered in online and classroom sessions.

Each module is individually accredited and is eligible for CACS CPD, FAA/SFA CPD and its respective Core hours.

Modules Online Hours Classroom Hours Core / RRCE Hours

From time to time, many of us will face ethical dilemmas in our personal or work life. While there is no direct answer for every dilemma, there are well regarded frameworks which provide a more structured approach to handling ethical issues.

You will learn more about the “Ethical Decision Making” (EDM) and “Giving Voice to Values” (GVV) frameworks and how they can be applied.

Other than ethics, this course will also cover rules and regulations which govern, protect and guide the wealth management and private banking industry, such as Anti-Money Laundering and Counter-Financing of Terrorism, Automatic Exchange of Information, Common Reporting Standards, Cross Border best practices and the importance of Fair Dealing and Pricing Transparency.

This course will feature several case studies and there will be an online assessment to allow you to assess your level of understanding of what has been shared and taught.

Assessment: Individual | Online MCQ

Investment advisory is a vital component and process in wealth management to achieve the shift from product to portfolio and from sell to advice. What you learn here can be applied both at a personal level such as your own investments, as well as a corporate level as an advisor.

The process starts with a clear understanding of the client’s risk profile, behavioral bias, needs and product suitability and incorporating this into the investment solution which is guided by the investment policy statement. The process continues with the management, monitoring and review of the portfolio against any changes to the client’s personal or investment objectives.

The course covers asset allocation models such as strategic and tactical, core and satellite as well as portfolio optimization and rebalancing, top-down thematic approach, bottom up securities selection approach and investment vs economic cycle.

A series of case studies will be used to demonstrate how client-centric investment advisory can be applied effectively.

Assessment:

  • Individual | Project | 30%
  • Individual | Quiz | 20%
  • Individual | Class Participation | 10%
  • Group | Project | 40%

Investment products form a core component to wealth management solutions and decisions. Each product brings its own set of benefits and associated risks and knowing both is key to arriving at suitable recommendations.

This course equips you with a structured framework for deploying them over an investment cycle and you will be taken through several scenario simulations to allow you to not just learn but also apply them in various different situations.

Some of the investment products covered will relate to equities, fixed income, mutual funds, exchange traded funds (ETF), alternatives, structured products etc. Investment strategies such as investment product rotation, active vs passive, sector rotation, style and factor investing etc.

Assessment:

  • Individual | Project | 30%
  • Individual | Quiz | 20%
  • Individual | Class Participation | 10%
  • Group | Project | 40%

The digitalization of financial services is transforming wealth management in an unprecedented pace. Existing business models are challenged, and client expectations are evolving.

Knowing the digital developments and trends and its impact will allow you to be more future-ready.

Learn about the evolution of financial technology in the global financial market, the various types of Fintech and how institutions and regulators are adjusting to this disruptive force.

These new technologies, such as Artificial Intelligence, Blockchain and Cryptocurrencies, bring with them benefits as well as new threats which can be best managed by having a good understanding of cybersecurity, data analytics, digital hygiene and integrity and digital risk management in the new workspace.

Assessment:

  • Individual | Quiz | 40%
  • Individual | Class Participation | 20%
  • Group | Project | 40%

You will gain valuable insights on how wealth planning can be used as an effective approach to engage clients and their families in helping them attain long term objectives such as wealth preservation, inter-generational wealth transfer and succession planning.

Many High Net Worth (HNW) and Ultra High Net Worth (UNHW) clients have investments and assets across multiple locations and jurisdictions globally and thus the course provides an international rather than local perspective on wealth planning.

Topics covered include tools to uncover a client’s succession, asset protection, philanthropic and financial needs, trust and estate planning common and complex structures, international tax concepts, family business governance and inter-generational wealth transfer challenges.

The course also sheds light on business succession aspects such as understanding the multinational nature of the family, ownership and family governance policies, family constitution and dispute resolution.

Assessment:

  • Individual | Project | 30%
  • Individual | Quiz | 20%
  • Individual | Class Participation | 10%
  • Group | Project | 40%

You will learn what constitutes a successful client management strategy and how this can be applied in acquiring new relationships and deepening existing ones.

This course will cover a framework for establishing rapport, techniques for enhancing trust with clients, effective negotiation skills, strategies to managing the pipeline, identifying opportunities and expanding connections.

You will gain an understanding of client segmentation and how to adopt a “business owner” and entrepreneurial approach to building a client book through internal and external sources.

Role plays and situational simulations are injected within the course to allow you to practice what you will be taught.

Assessment:

  • Individual | Quiz | 30%
  • Individual | Role Play | 50%
  • Individual | Class Participation | 20%

The needs of a High Net Worth (HNW) or Ultra High Net Worth (UHNW) client is often multi-faceted. This course shares insights to the opportunities which can be derived when cross banking needs are considered in managing the client’s relationship.

The course provides a framework for identifying these needs, developing solutions for them and managing their associated risks. You will gain knowledge and skills on how best to engage specialists to develop suitable solutions which can lead to deeper and long term client relationships, how to address the needs of HNW clients and be able to engage HNW clients to discuss cross banking solutions.

Topics covered will also include common knowledge related to corporate finance, understanding the use of credit and leverage and importance of monitoring and managing client’s credit risks.

Assessment:

  • Individual | Quiz | 40%
  • Individual | Class Participation | 10%
  • Group | Project | 50%

Faculty

Course Name Faculty
(Part-Time)
Qualification
Investment Advisory &
Investment Products Strategies
Mr. Kelvin Tay Master in Business Administration (Finance), Imperial College, University of London

Bachelor in Social Science (2nd Class Honours) in Mass Communication, NUS

Bachelor of Arts (Merit) in Political Science and Mass Communication, NUS

Data Science and Fintech I Dr. Eric Sandosham PhD in Business (General Management), SMU
Cross Banking Mr. Lawrence Yeo Master of Arts in Counselling, TCA College

Bachelor of Business Administration, Singapore University

Client Relationship Management Mr. Hendrik Robert De Glint Master in Economics (Business Administration), State University of Groningen, Netherlands
Advanced Wealth Planning, Family Office and Business Succession Mr. Peter Henry Triggs Bachelors (Hons) Mathematics and Philosophy, Wimbledon College, Birmingham University, UK

Chartered Trustee (ChT), Member of (TEP), Chartered Tax Adviser (CTA), Fellow of the Institute of Chartered Accountants (FCA)

Certification & Funding

Participant who successfully completes this Advanced Diploma in Wealth Management programme will be awarded:

  • WMI CERTIFICATION

    WMI Certificate of Achievement

    CACS CPD hours (IBF-STS and Core FAA / SFA CPD)

    ADVANCED DIPLOMA

    Upon meeting all Graduation Criteria listed below, participants will be awarded “Advanced Diploma in Wealth Management” issued by Wealth Management Institute International Pte Ltd.

  • IBF CERTIFICATION

    Participant who successfully completes this Advanced Diploma in Wealth Management programme can apply with IBF for the certification title “IBF Advanced (Level 2) in Private Banking & Wealth Management (Relationship & Sales Management)”. T&Cs apply.

    Eligible for waiver of CACS CPD hours in the current and following year upon attaining IBF Certification.

    Please visit https://www.ibf.org.sg/certification/Pages/Why-be-Certified.aspx for more information on the IBF Certification.

IBF Standards Training Scheme (IBF-STS) Funding

Every module is eligible for IBF-STS funding for direct training costs. T&Cs apply. Find out more at https://www.ibf.org.sg/programmes/Pages/IBF-STS.aspx.

Fees

Modules Full Fees (S$) Fees after 90% IBF-STS Course Fee Subsidy
+ 5% IBF Credit (Applicable till 30 June 2021)
(For Singaporeans / PR) (S$)
Company-Sponsored Self-Sponsored
Ethics, Rules and Regulations 642.00 72.00 32.10
Investment Advisory 3,584.50 402.00 179.23
Investment Products Strategies 3,584.50 402.00 179.23
Data Science and Fintech I 3,584.50 402.00 179.23
Advanced Wealth Planning, Family Office and Business Succession 3,584.50 569.50 358.45
Client Relationship Management 3,905.50 620.50 390.55
Cross Banking 3,650.00 365.00 365.00

A non-refundable application fee of S$85 is required upon application submission.

The information above is correct at the time of publication. The Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.​

Admission Criteria

Minimum Education Diploma or equivalent
Minimum Work Experience 3 years’ relevant experience
Minimum English Language requirement (only if English was not the medium of instruction used at the highest qualification) TOEFL score > 100;
IBT or IELTS score > 6.5.

WMI will consider exceptions on a case-by-case basis and if needed, an interview may be requested.

 Graduation Criteria

  • Successful completion of all six 19.5-hour course and assessments
  • Successful completion of the 8-hour Ethics, Rules & Regulations course and assessment
  • Achieve a minimum CGPA of 2.50 at the completion of the Advanced Diploma
  • Complete the Advanced Diploma within 3 years from the date of admission of the first course taken

Upon meeting all Graduation Criteria, participants will be awarded “Advanced Diploma in Wealth Management” issued by Wealth Management Institute International Pte Ltd.

All seven courses modules have been individually accredited to IBF-Standards Training Scheme and are eligible for IBF funding and CPD hours.

Successful recipients of the “Advanced Diploma in Wealth Management” who have at least 3 years in relevant or private banking experience and meet all other relevant IBF certification criteria can apply for IBF Certification under “IBF Advanced (Level 2) in Private Banking and Wealth Management – Sales & Relationship Management”. Companies will apply directly with IBF for this certificate on behalf of their sponsored participants.

Programme Calendar

Modules 2021 Intake Role Play Sessions
Ethics, Rules and Regulations Online Access:
1 Apr – 30 Apr
Investment Advisory 11 & 12 May
(Virtual Session)
Investment Product Strategies 1 & 2 Jun
(Virtual Session)
Data Science and Fintech I 28 & 29 Jul
Advanced Wealth Planning, Family Office and Business Succession 13 & 14 Sep
Client Relationship Management 18 & 19 Oct 22 Oct
Cross Banking 16, 17 & 18 Nov

NOTE:

  • All dates indicated are FULL DAY training i.e. 9am to 6pm, unless stated otherwise.

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