The MCom + CWM in Global Wealth Management course offers vast opportunities in one of the most lucrative and rapidly growing fields in finance. Whether you're looking to join a multinational wealth management firm, start your own advisory practice, or work with UHNIs and institutions globally, this qualification provides the expertise, global certification, and industry recognition needed to succeed
Takeaway is learning outcomes
Expert Knowledge in Wealth Management: Master the financial strategies for high-net-worth and ultra-high-net-worth clients.
Strong Career Opportunities: Access high-paying roles in top financial institutions or as an independent consultant.
Industry-Relevant Skills: Gain expertise in financial analysis, estate planning, and global market insights.
Entrepreneurial Potential: Start your own advisory practice or work with family offices.
Global Scope: Unlock international career opportunities in the growing wealth management sector.
Networking and Industry Exposure: Build a strong network through guest lectures and internships with leading financial institutions.
Who Can Enroll?
• Graduates in Commerce, Economics, or related fields
• Finance enthusiasts passionate about investments and financial planning
• Aspiring wealth managers aiming to work with high-net-worth clients
• Current finance professionals looking to specialize in wealth management
• Entrepreneurs interested in starting their own financial advisory practice
• Post-graduate aspirants seeking a professional qualification in wealth management
• Professionals transitioning into the wealth management industry
Eligibility for this course
• Bachelor's Degree: A completed undergraduate degree in Commerce, Economics, Finance, or a related field from a recognized university.
• Minimum Marks: Typically, a minimum of 50% marks in the qualifying degree (may vary depending on the institution’s specific requirements).
• Strong Interest in Finance: A keen interest in pursuing a career in wealth management, investments, and financial planning.
• Basic Knowledge of Finance: A foundational understanding of financial concepts is advantageous but not mandatory.
Career Opportunities After Completing the MCom + CWM in Global Wealth Management
1. Wealth Manager / Relationship Manager: Managing high-net-worth (HNI) and ultra-high-net-worth (UHNI) clients.
2. Investment Advisor: Offering personalized financial planning and investment strategies.
3. Portfolio Manager: Managing diverse investment portfolios for affluent clients.
4. Private Wealth Manager & Family Office Manager: Providing bespoke wealth solutions for wealthy families.
5. Financial Consultant: Offering expert advice on tax, estate, and retirement planning. The course is highly relevant due to the growing number of HNIs and UHNIs in India and worldwide. With a CWM certification and MCom degree, graduates are well-equipped for both corporate roles in banks and financial institutions or entrepreneurial opportunities like independent advisory services. Additionally, the program has global recognition, enabling graduates to work internationally in wealth management hubs.
Wealth management is an investment advisory service that combines various financial services to address the needs of high-net-worth individuals (HNIs) and affluent clients, typically for a fee. Wealth management is a globally recognized profession. In India, it involves financial and investment counseling for affluent clients, where wealth managers make decisions in the client's best interest by reducing financial risks and unlocking profitable opportunities. The growing demand for diverse investment options has contributed to the rapid growth of this industry.
India's high-net-worth individual (HNI) population is projected to grow by 75%, from 3.5 Lakhs in 2020 to 6.11 Lakhs by 2025. The number of ultra-high-net-worth individuals (UHNIs) is expected to increase by 39%, from 13,637 in 2021 to 19,006 in 2026. This growth is expected to drive further demand for wealth management professionals and services.
For fresh college graduates interested in wealth management, the first role typically involves working as an Assistant Relationship Manager. As you gain experience, you'll progress to roles such as Relationship Manager or Client Advisor, where you'll be responsible for managing your own clients. With more experience, you may work for a family office, start your own firm, or transition into private wealth management, ultimately advancing to senior roles in investment management.
The salary of a Wealth Manager in India ranges from ₹2.5 Lakhs to ₹11 Lakhs annually, with an average salary of approximately ₹6.1 Lakhs. In addition to traditional employment, graduates of the Master’s program can also start an independent practice by registering with SEBI as an Investment Advisor.
SIES College of Commerce & Economics, an autonomous college affiliated with the University of Mumbai, offers a two-year, full-time Master's in Global Wealth Management program. This program is ideal for graduates in commerce, economics, or related fields who want to pursue a career in wealth management. The lectures are conducted by industry professionals and are managed by Vantage Knowledge Academy Ltd. The program includes an MOU with the American Association of Financial Markets (AAFM), allowing students to appear for the Chartered Wealth Manager (CWM) exams. As a result, graduates will earn both a Master’s Degree from the University of Mumbai and Chartered certification from AAFM, providing them with dual credentials.
The South Indian Education Society (SIES) was established to promote education in Mumbai. SIES College of Commerce & Economics, founded in 1989, has become synonymous with excellence in education. It is an autonomous college affiliated with the University of Mumbai, offering undergraduate and postgraduate courses in Commerce, IT, Management, Banking & Insurance, Accounting, and Finance to over 2,700 students, supported by more than 50 full-time and visiting faculty members.
Vantage Knowledge Academy Ltd. is an industry partner with over 30 years of experience in the financial services industry. Vantage was the first educational provider in India to partner with the American Academy of Financial Markets (AAFM). Their role includes organizing guest lectures with industry experts, facilitating industry visits, providing practical training, and continuously updating the syllabus to meet the changing needs of the industry. Vantage also assists in securing internships and placement opportunities for students.