LOVELY PROFESSIONAL UNIVERSITY

ACADEMIC TASK NO. 3

School of Business

Faculty of Business and applied arts

Name of the faculty member: Amarjit Saini, Ruchi Kakkar

Course Code:FIN615 Course Title: Personal Financial Planning
Class: MBA
Max. Marks: 30

S.
No
1

Term: 2014-15

Section: Q3E26,28

Date of Allotment: 15/10/2014 Date of Submission: 05/11/2014

Roll
No

Objectives
of Academic
Activity

Topic Details

Evaluation
Parameters

Expected
outcomes

All
student
s

To develop
analytical skills

Every student will make a report in

which they will evaluate
current financial position of their
parents, identify their short
term, medium term and long term
goals, Identify their
requirement of Emergency funds,
Insurance cover and
Retirement income. Finally they
will prepare a financial plan for
them which will be able to fulfill
their all requirements OR If the
student clears the NCFM test of
Wealth Management conducted by
NSE, then he will be exempted
from this and will be awarded on
the basis of %age result of NCFM.

Evaluation of
current
financial
position= 10,
Financial
goals= 10,
Identification
of
Emergency
funds,
Insurance
cover and
Retirement
income
= 15,
Preparation of
Financial plan
and
Viva =10

Student should
be aware about
Comprehensive
personal
planning

Guidelines:

1. Submission for assignment is on 5th of November and Students can submit

their NCFM module results by 20th of November
2. Follow the guidelines for report
a. Either handwritten or printout
b. Font Times new roman size 12
c. 1.5 line spacing
d. Optimum utilization of space
e. 14 upper border
f. Tables and pictures can be added in print out form
g. Use A 4 side paper
3. Assignment will be of 45 mark

4. Assignment will be evaluated on following points

o Written Report
o

Presentation

Viva

5. Point to be added in report

Introduction of Family
Income, Expenses of Family
Present Asset Allocation of Family
Future Goals
Gap between already Invested and Required Investment
How to fill the Gap
Excel Calculations
Conclusion
Suggestions
6. Evaluation Criterion
Evaluation of current financial position= 10
Financial goals= 10
Identification and Calculation of Emergency funds, Insurance cover and Retirement
income = 15
Preparation of Financial plan and Viva =10
7. Work on the basis of Family Finance case study given in ET Wealth