- PROGRAMS
- Wealth Management: Life-Cycle Financial Planning
Wealth Management: Life-Cycle Financial Planning
The programme “Wealth Management: Life-Cycle Financial Planning” offers a comprehensive and practical approach to personal and household financial planning across all stages of life. Drawing on the latest findings from international academic research, it transforms complex theories and scientific models into simple, understandable, and actionable tools for financial decision-making.
Participants will become familiar with fundamental concepts such as the economic life cycle, human and financial capital, intertemporal consumption and saving, wealth accumulation and decumulation, and retirement planning.
The programme demonstrates how decisions regarding employment, consumption, saving, and retirement are interconnected and influence long-term financial well-being. Particular emphasis is placed on the transition from human capital—the ability to generate income through work—to financial capital, enabling participants to effectively plan for the maintenance of their desired standard of living throughout their lifetime.
The educational material includes recorded video lectures, presentation slides, detailed lecture notes, podcasts, and supplementary learning resources, providing a flexible and engaging learning experience. The programme aims to bridge the gap between academic theory and everyday practice by offering participants a scientifically grounded framework for planning their financial journey from the beginning of their professional career through retirement.
- Explain the fundamental principles of the life-cycle framework and the role of human capital in wealth creation.
- Assess the relationship between labour income, saving behaviour, and long-term financial well-being.
- Apply practical strategies for regularly investing small amounts of money with the objective of building wealth over time.
- Explain the risks faced by investors over long-term investment horizons.
- Recognise the challenges associated with the transition to retirement.
- Develop strategies to manage longevity risk and maintain financial well-being throughout retirement.
Includes training hours (indicative) using an asynchronous distance learning (eLearning) platform.
Additional hours of work are included (indicative) and may include individual study, writing assignments, participation in field visits, participation in exams, etc.
The total hours include hours of synchronous and asynchronous training, as well as additional hours of employment.
Weeks in which activities of any kind are planned are included.
This programme is designed for individuals who wish to acquire knowledge and practical skills in personal and family wealth management, regardless of age, professional background, educational level, or prior financial knowledge. It is suitable for employees, self-employed professionals, entrepreneurs, young adults planning their financial future, as well as anyone seeking to manage their finances more effectively and make well-informed financial decisions throughout the different stages of their life cycle.
In addition, the programme is intended for professionals working in financial services, wealth management, banking, insurance, and investment-related fields, as well as business executives, financial advisors, accountants, and other professionals who wish to enhance their expertise in strategic financial planning, wealth management, and the provision of comprehensive financial advisory services to individuals and households. The programme offers a structured and practical framework for understanding the challenges and opportunities associated with financial decision-making across the life cycle.
