skilldevelopment.cpe@lpu.co.in

What you'll learn

Description: This course is designed to: • Equip participants with knowledge of various financial products. • Enable participants to leverage budgeting techniques and create a comprehensive financial plan. • Enable participant to explore strategies for effective saving and investing. • Develop actionable steps for financial growth and stability (FIRE - Financial Independence, Retire Early). Learning Outcome: This workshop will enable the participants to: 1. Ably create and maintain a personal budget, track expenses, and make informed financial decisions. 2. Make short term and long-term financial goals and ably use various saving and investment strategies to achieve these goals 3. Develop financial discipline with respect to tracking expense, savings and investments. 4. Better prepared for taking control of their financial future with confidence and knowledge 5. Make an informed financial decision at all stages of personal and professional career.

  • Portfolio Diversification: Strategies for building a diversified investment portfolio. Aligning savings strategies with financial goals, Understanding the concept of FAB - Feature, Advantage and Benefit, linking FAB to financial products, Life Insurance: Understanding the concept of Life Insurance, Principle of Utmost Good Faith, Insurable Interest, Life Insurance: Life Insurance products - Term Plan, Endowment Plan, Anticipated Endowment Plan, Life Insurance: Life Insurance products - ULIPs, Riders, Health Insurance: Concepts of Health Insurance - Principle of Indemnity, Proximate Cause, Contribution, Health Insurance: Products, Cashless Hospitalization, Riders. Role of TPA
  • Retirement Savings Strategies: How much to save for retirement and the different retirement savings options, Retirement Planning: Annuities. How to choose the best option suiting your life goal, Taxation: Understanding Taxation, Tax-Efficient Investing,Taxation: Tax advantage savings options - PPF, NPS, Insurance.
  • Types of Loans: Mortgages, auto loans, personal loans, student loans, etc. Loan Repayment Strategies: Effective ways to manage and repay loans, Using Credit Wisely: Understanding credit cards, interest rates, and how to avoid debt traps, Managing Debt: Strategies for paying off student loans, credit card debt, and other liabilities. Responsible Borrowing: Evaluating when and how to take on debt, understanding interest rates, and repayment terms, Behavioral Finance: Understanding how psychology affects financial decisions, Identifying Financial Risks: Assessing personal financial vulnerabilities, Creating a Contingency Plan: Strategies to safeguard against financial crises.
  • Verbal communication, non-verbal communication, para-verbal communication, barriers to effective communication, techniques to overcome the barrier to communication, tips to improve communication, how to strike a social conversation, planning and structuring an oral presentation, The art of storytelling and persuasive speaking, Visual aids: effective use of slides, charts, and props, time management and transitions in presentation, Basics of Selling Skills, art of using FAB and BAF to enable self / customer in taking an informed financial decision.
  • Importance of Financial Literacy: Understanding the basics of financial planning. Need for having a financial plan.Financial Goal Setting: Short-term and long-term financial goals. Use of SMART Technique for Goal Setting, Concept of Budgeting: Techniques for tracking income and expenses, managing inflows & outflows, understanding the need for maintaining an emergency savings fund, Understanding different savings vehicles: Introduction to debt and equity instruments. Understanding the relationship between risk and potential returns, Savings / Investement Instruments: Equity stocks, bonds, mutual funds, ETFs (How Markets Work), Savings / Investement Instruments: Case based discussion on Equity stocks, mutual funds, ETFs (Mutual Fund)
  • Practice Sessions on Case Based Presentation Skills
  • Importance of Financial Literacy: Understanding the basics of financial planning. Need for having a financial plan.Financial Goal Setting: Short-term and long-term financial goals. Use of SMART Technique for Goal Setting, Concept of Budgeting: Techniques for tracking income and expenses, managing inflows & outflows, understanding the need for maintaining an emergency savings fund, Understanding different savings vehicles: Introduction to debt and equity instruments. Understanding the relationship between risk and potential returns, Savings / Investement Instruments: Equity stocks, bonds, mutual funds, ETFs (How Markets Work), Savings / Investement Instruments: Case based discussion on Equity stocks, mutual funds, ETFs (Mutual Fund)
  • Portfolio Diversification: Strategies for building a diversified investment portfolio. Aligning savings strategies with financial goals, Understanding the concept of FAB - Feature, Advantage and Benefit, linking FAB to financial products, Life Insurance: Understanding the concept of Life Insurance, Principle of Utmost Good Faith, Insurable Interest, Life Insurance: Life Insurance products - Term Plan, Endowment Plan, Anticipated Endowment Plan, Life Insurance: Life Insurance products - ULIPs, Riders, Health Insurance: Concepts of Health Insurance - Principle of Indemnity, Proximate Cause, Contribution, Health Insurance: Products, Cashless Hospitalization, Riders. Role of TPA
  • Retirement Savings Strategies: How much to save for retirement and the different retirement savings options, Retirement Planning: Annuities. How to choose the best option suiting your life goal, Taxation: Understanding Taxation, Tax-Efficient Investing,Taxation: Tax advantage savings options - PPF, NPS, Insurance.
  • Types of Loans: Mortgages, auto loans, personal loans, student loans, etc. Loan Repayment Strategies: Effective ways to manage and repay loans, Using Credit Wisely: Understanding credit cards, interest rates, and how to avoid debt traps, Managing Debt: Strategies for paying off student loans, credit card debt, and other liabilities. Responsible Borrowing: Evaluating when and how to take on debt, understanding interest rates, and repayment terms, Behavioral Finance: Understanding how psychology affects financial decisions, Identifying Financial Risks: Assessing personal financial vulnerabilities, Creating a Contingency Plan: Strategies to safeguard against financial crises.
  • Verbal communication, non-verbal communication, para-verbal communication, barriers to effective communication, techniques to overcome the barrier to communication, tips to improve communication, how to strike a social conversation, planning and structuring an oral presentation, The art of storytelling and persuasive speaking, Visual aids: effective use of slides, charts, and props, time management and transitions in presentation, Basics of Selling Skills, art of using FAB and BAF to enable self / customer in taking an informed financial decision.
  • Practice Sessions on Case Based Presentation Skills

Avatar
Chander Shekhar Sharma
Assistant Professor

Chander Shekhar Sharma is a Corporate Trainer, Speaker and a Career Coach with avid interest in sales, public speaking, business coaching and career coaching. His experience of over 26 years and association with people from various domains has immensely added in his professional capacity building. He is creative and possesses excellent inter-personal management skills. He uses his front-line sales and on the job experience while conducting training programs on Financial Products, Selling Skills, Recruitment Skills, Facilitation Skills, and Communication skills and has been inspiring people with his signature programs like - I am the Brand and Choose to Win. His program on Habits and Beliefs titled “Yes I Can” continues to enthral participants across age groups. Before joining LPU, Chander was actively engaged with several startups as a consultant. His corporate exposure ranges from being Head of Training: Content Development for Pramerica Life Insurance to being RPM with HDFC Bank, and in Sales Training with Birla Sunlife, SUD Life, NIS Sparta and Turning Point Training and Assessment Systems Pvt. Ltd. He is an avid reader and believes in serving the society. He is an active member of an NGO Awaaz, The Trainer’s Camp and the Art of Living.


Avatar
Chander Shekhar Sharma
Assistant Professor

Chander Shekhar Sharma is a Corporate Trainer, Speaker and a Career Coach with avid interest in sales, public speaking, business coaching and career coaching. His experience of over 26 years and association with people from various domains has immensely added in his professional capacity building. He is creative and possesses excellent inter-personal management skills. He uses his front-line sales and on the job experience while conducting training programs on Financial Products, Selling Skills, Recruitment Skills, Facilitation Skills, and Communication skills and has been inspiring people with his signature programs like - I am the Brand and Choose to Win. His program on Habits and Beliefs titled “Yes I Can” continues to enthral participants across age groups. Before joining LPU, Chander was actively engaged with several startups as a consultant. His corporate exposure ranges from being Head of Training: Content Development for Pramerica Life Insurance to being RPM with HDFC Bank, and in Sales Training with Birla Sunlife, SUD Life, NIS Sparta and Turning Point Training and Assessment Systems Pvt. Ltd. He is an avid reader and believes in serving the society. He is an active member of an NGO Awaaz, The Trainer’s Camp and the Art of Living.