Can anyone please explain in detail about the CWM course? is it beneficial to do the CWM course now?
Replies (8)
Quick Summary
This discussion explores the value of the CWM (Certified Wealth Manager) course, particularly for those with existing qualifications like CA or MBA. Participants debate whether CWM offers significant advantages over a CFA or MBA, with many suggesting CFA provides a more in-depth and structured education. The conversation also touches upon international study options, like pursuing an MBA or ACCA abroad, and their potential for career advancement and residency.
If you are an mba, no need. If you are a ca, it isn’t part f cfa program and will help you understand transactions of instruments, nav, wealth creation, portfolio maximisation according to my assumption. It can do better things to financial instruments reporting. So mba has wealth management elective and added advantage to CA.
CFA has everything like this. Heard it also has reporting but ca reporting supports complete accounts management. CFA is completely good for this kind of investment analyst jobs. While professional ca is good at company valuations, cfa is good at market valuations as per my view. But this single course does not hold its equivalent value. Everything is like a diploma if you take courses which will give you a gist and main topics are introduced. CFA is in-depth. Hope you make a careful choice professionality vs career startup.
Sry. Abroad is a nice option to study courses. If you go to uk you can study one year masters mba and msc. Also, work permit will be given for 4 years I heard. But the validity before professional courses in India is low as professionals occupy major designations. Go abroad to study ACCA and you can get permanent residency. This is not a bad option because cfa and ACCA cover a - z. American mba and Indian mba is the same. Top level are majorly from professional background like ca, cfa, ACCA, cpa even in bpo services in India and abroad. Mba in foreign is multiple choice and written answers like Indian exam. Msc and executive one year masters are written exams. It is very well worth as you can get a work permit as well.