B.Com. (Financial Management) Investment Advisor II Syllabus - Mumbai University
This is the SY BCom FM syllabus under NEP 2020, in force from the academic year 2025-26. The University still sets the earlier Choice Based papers alongside it for ATKT candidates, so check which scheme your exam form names before you revise.
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Syllabus for Investment Advisor - II
Module I: Life Insurance and Non- Life Insurance Products
- A. BASICS OF INSURANCE
- Need for Insurance
- Fundamental Principles of Insurance
- Role of Insurance in Personal Finance
- Investing through Insurance
- Role of Insurance Adviser
- Life Insurance Products
- Life Insurance Needs Analysis
- Types of Life Insurance Products
- Facilities available under Life Insurance Policies
- Insurance Under Married Women’s Property Act (MWPA)
- Benefits, Limitation and Provision when insurance taken from Multiple companies
- Criteria to evaluate various life insurance products Global coverage for different Life Insurance Products
- NON-LIFE INSURANCE,
- Benefits and Limitations of having multiple Insurance Policies
- Comparison between Insurance Policies
- Global coverage for different General Insurance Products
Module II: Retirement Planning Basics and Retirement Products
- A. RETIREMENT PLANNING BASICS
- Need for Retirement Planning
- Financial Goals and Retirement
- Estimating Retirement Corpus
- Superannuation Benefits to Employees B. RETIREMENT PRODUCTS
- Accumulation related products
- Portfolio created by an investment advisor
- Distribution related products C. MISCELLANEOUS ASPECTS OF RETIREMENT PLANNING
- Advisor’s role in Retirement Planning
- Calculations for Retirement Planning
- Criteria to evaluate various retirement benefit products
- Concept of Philanthropy
Reference Books
- Investment Advisor Level 2- NISM
- Insurance Principles and Practice – M.N. Mishra & S.B. Mishra
- Retirement Planning and Employee Benefits – R.K. Gupta
- Fundamentals of Life Insurance: Theories and Applications" – Kaninika Mishra
- Risk Management and Insurance" – Dr. P.K. Gupta
- Principles of Risk Management and Insurance" – George E. Rejda & Rajeev Babel (Indian Edition)
Reproduced from the University of Mumbai syllabus for B.Com. (Financial Management) under NEP 2020, in force from the academic year 2025-26. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.