GLO_CWM_LEVEL_I exam Format | Course Contents | Course Outline | exam Syllabus | exam Objectives
Exam Detail:
The GLO_CWM_LEVEL_I Chartered Wealth Manager (CWM) Global Examination is a professional certification exam for individuals looking to demonstrate their knowledge and skills in the field of wealth management. Here are the exam details for the GLO_CWM_LEVEL_I exam:
- Number of Questions: The exam typically consists of multiple-choice questions. The exact number of questions may vary, but it is generally around 100-150 questions.
- Time Limit: The time allocated to complete the exam is usually around 3-4 hours.
Course Outline:
The Chartered Wealth Manager (CWM) program covers a comprehensive range of Topics related to wealth management. The course outline generally includes the following areas:
1. Introduction to Wealth Management:
- Understanding the role and responsibilities of a wealth manager.
- Overview of the wealth management industry and its stakeholders.
- Ethical considerations and professional conduct in wealth management.
2. Investment and Portfolio Management:
- Principles of investment management.
- Asset allocation and diversification strategies.
- Portfolio construction and optimization techniques.
- Risk management and performance evaluation.
3. Financial Planning and Retirement:
- Comprehensive financial planning process.
- Personal financial statements and budgeting.
- Retirement planning and strategies.
- Estate planning and wealth transfer.
4. Tax Planning and Law:
- Basic concepts of tax planning.
- Tax-efficient investment strategies.
- International taxation and cross-border considerations.
- Legal and regulatory frameworks in wealth management.
5. Risk Management and Insurance:
- Risk identification and assessment.
- Insurance products and their role in risk management.
- Insurance planning for individuals and businesses.
6. Client Relationship and Communication:
- Understanding client needs and goals.
- Building and managing client relationships.
- Effective communication and presentation skills.
Exam Objectives:
The objectives of the GLO_CWM_LEVEL_I exam are as follows:
- Assessing candidates' understanding of wealth management concepts, principles, and practices.
- Evaluating candidates' ability to apply investment and portfolio management techniques.
- Testing candidates' knowledge of financial planning, retirement, tax planning, and risk management.
- Assessing candidates' familiarity with legal, regulatory, and ethical considerations in wealth management.
- Evaluating candidates' ability to effectively communicate and build client relationships.
Exam Syllabus:
The specific exam syllabus for the GLO_CWM_LEVEL_I exam covers the following topics:
1. Introduction to Wealth Management:
- Role and responsibilities of a wealth manager.
- Overview of the wealth management industry.
- Professional ethics and conduct.
2. Investment and Portfolio Management:
- Investment principles and concepts.
- Asset allocation and portfolio diversification.
- Risk management and performance evaluation.
3. Financial Planning and Retirement:
- Financial planning process and techniques.
- Personal financial statements and budgeting.
- Retirement planning and strategies.
4. Tax Planning and Law:
- Tax planning concepts and strategies.
- Tax-efficient investment techniques.
- International taxation and regulatory frameworks.
5. Risk Management and Insurance:
- Risk identification and assessment.
- Insurance products and their role in risk management.
- Insurance planning for individuals and businesses.
6. Client Relationship and Communication:
- Client needs and goal identification.
- Building and managing client relationships.
- Effective communication and presentation skills.
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GLO_CWM_LEVEL_I
Chartered Wealth Manager (CWM) Global Examination
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Question: 89
What is burn Arbun?
A . Loan of a particular piece of property B . Credit sale
C . Down payment D . Deposits in trust
Answer: C
Question: 90
Urban land means land situated in area not being more than from local list of local authority as notification in official Gazette
A . 5 km B . 8 km C . 10 km D . 20 km
Answer: B
Question: 91
Which of the following is allowed as deduction from net annual value of a property? A . Repairs & collection charges
B . Insurance premium
C . Interest on loan borrowed for repairs D . All the above
Answer: C
Question: 92
IFSC stands for:
A . Inter-bank Financial Sector Code B . Inter-bank Funds Settlement code C . Inter-bank Financial Service Code D . None of the above
Answer: B
Question: 93
Surender the driver causes injuries to a pedestrian by rash driving of car. The injured victim had to spend Rs.1000 in treating his injuries. Surender s act has created liabilities under
A . Common law B . Contract
C . Statue and Common law D . Statute only
Answer: C
Question: 94
For a single income family priority is on A . Protecting income via a term plan
B . Investing in commodities to grow wealth C . Investing in Mutual Funds to grow wealth D . None of the above
Answer: A
Question: 95
A public trust is created for the benefit of A . Individuals only
B . Family member
C . Uncertain and fluctuating body of persons D . Charitable purposes only
Answer: C
Question: 96
Any amount payable and the amount of refund due under the Income Tax Act,1961 shall be rounded off to the nearest multiple of.?
A . Rs. 10 B . Rs. 1
C . Rs. 100
D . No rounded off is done
Answer: A
Question: 97
Under the Provisions of Transfer, of Property Act, the unborn child acquires vested interest- A . Upon his birth
B . 7 days after his birth C . 12 days after his birth D . 18 years after his birth
Answer: A
Question: 98
Unabsorbed depreciation can be carried forward for . A . 8 Years
B . 4 Years C . Indefinite D . None
Answer: C
Question: 99
What is the minimum amount one can deposit in a PPF account in a financial? A . Rs. 400 per annum
B . Rs. 500 per annum C . Rs. 100/-per annum D . Rs. 5/-per annum
Answer: B
Question: 100
SHG stands for:
A . Society Housing Group B . Society Household Group C . Self House Group
D . Self Help Group
Answer: D
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