SYNOPSIS

ON

FINANCIAL PLANNING OF IDBI FEDERAL

Submitted to

MAHARASHI DAYANAND UNIVERSITY, ROHTAK

FOR

Partial fulfillment of the requirement for the

Award of degree of

BACHELOR OF BUSINESS ADMINISTRATION (BBA)

(BATCH 2016-19)

SUBMITTED TO: SUBMITTED BY:

Controller of examination Name of student: - kishan

MDU, ROHTAK Registration No.:-

Under the supervision of Roll No. :-

INSTITUTE OF MANAGEMENT & TECHNOLOGY,

(Approved by AICTE & affiliated to MDU, Rohtak)

TIGAON ROAD, NEAR SAI DHAM FARIDABAD -121002

 CHAPTER -1

INTRODUCTION
Financial Planning is the process of estimating the capital required and determining it’s
competition. It is the process of framing financial policies in relation to procurement, investment
and administration of funds of an enterprise.

Performing Financial Planning is critical to the success of any organization. It provides the
Business Plan with rigor, by confirming that the objectives set are achievable from a financial
point of view. It also helps the CEO to set financial targets for the organization, and reward staff
for meeting objectives within the budget set.

SIGNIFICANCE OF THE PROBLEM

 Financial goals are the milestones that the client hopes to reach with the help of his financial
Resources.
 Once the client has stated clear, quantifiable goals for financial planning, the next step is to rank
those goals in order of importance. This is necessary because most clients do not have the resources
to fulfil all their goals. The financial planner must make it clear to the client that less important
goals must be sacrificed or postponed to achieve the more important ones.

 Analyse client’s objectives, needs and current financial situation Preparation of the Client's
Personal Financial Statements Preparation of the Cash flow Statement and the Budget Prioritizing
Goals
REVIEW OF LITERATURE

The rapid growth of capital markets in India has opened up new investment avenues for investors.
Keeping this in mind the Financial Institutions provide number of services to its customer with a wide
spectrum of investment opportunities. In order to retain their customers they provide them with special
services besides traditional services.

The invention of new technology and services by financial institutions has given the consumers a wide
range of investment avenues to invest in. One of the special services brought out by them is
“FINANCIAL PLANNING SERVICES” which aims at identifying a person’s financial goals,
evaluating existing resource and designing the financial strategies that help the person to achieve those
goals and enables him to earn maximum returns at minimum level of risk.

SCOPE OF THE STUDY

Personal Financial Planners are not just for wealthy people. Every individual can benefit from objective
help to create, grow, accumulate and utilize wealth to fulfil one’s personal goals, family goals and
other lifestyle objectives systematically without any anxiety.

 Systematic Savings
 Cash Flow Management
 Debt Management
 Assets Allocation for Investment
 Managing Risk through Insurance Planning
 Tax Strategies to increase investible surplus
 Distribute residual wealth through estate planning
OBJECTIVE OF THE STUDY

 I will take an overview of the client’s in short and long term goals.
 I will have the client’s current financial strengths and weaknesses and implications of financial
plan.
 I will study the client’s financial objectives anchored to current resources.
 I will give a detailed summation of all recommendations.
 I will suggest appropriate financial plan for mutually selected recommendations.
 I will also give comprehensive economic overview of the client’s financial plan, supported by
financial statements.
 I will follow step-by-step implementation and monitoring plan.

RESEARCH METHODOLOGY

It will a way to systematically solve the research problem. It may be understood as science of studying
how research is done scientifically. In it we study the various steps that are generally adopted by the
researcher in studying his research problem along with the logic behind them. In general methodology
will be an optional framework within which the facts are placed so that the meaning may be seen more
clearly. The sources of data shown that designing of a research plan calls for decision on the data
sources are research approaches (primary and secondary data) research instruments (observation
survey experiment) sampling plan and contact methods (personal interviews).

RESEARCH DESIGN
A research design is the determination and statement of the general research approach or strategy
adopted for the particular project. It is the heart of the planning. If the design adheres to the research
objectives, it will ensure that the client need will be served.
DATA COLLECTION METHOD
There are two types of data to gather from the client
- Quantitative
- Qualitative.

Quantitative Data
Quantitative data provides specific information concerning a client along with numerical details
Concerning his/her financial status. It also provides the basis for the many financial analyses that the
financial Planner needs to perform.

Qualitative Data
Qualitative information provides general information concerning a client's goals, lifestyle, health
status, risk tolerance level, employment status, hobbies, attitudes, and fears. Knowing a client's
specific goals, such as planning to move when retiring at age fifty-five, funding a child's college
education and expenses, starting an expensive hobby just before retirement, or travelling extensively
during retirement, is important to the success of any financial plan.

Examples of qualitative data include the following:

Goals and objectives

Health status of client and family members

Data Sources:

SECONDARY DATA:
The secondary data includes information obtained from various sources which includes, Books,
Business Newspapers, Websites, etc.
LIMITATIONS OF THE STUDY

1. The project work will mainly base on the above mentioned sources of information.

2. Limitation of client in investing in particular kind of asset based on his age.

3. Time limitation
 Chapter-2
Organization of study

Chapter 1:- this chapter will contains the information about the introduction of the topic i.e.

“FINANCIAL PLANNING OF IDBI FEDERAL”

Chapter 2:-This chapter will contain the information about the research methodology and

profile of an organization

Chapter 3:-This chapter will contains the information about the micro analysis means objective

wise analysis

Chapter 4:-This chapter will contains the information about the macro analysis and this analysis

is important as it contains the conclusion of this study also

Chapter 5:-This chapter will contains the information about the summary of major observations

and recommendation

REFERENCE

BOOKS

BOOK NAME AUTHOR NAME

1. Security Analysis & Bodies, Kane & Marcus
Portfolio Management
2. Financial Management I.M Pandey

III. WEBSITES USED:

1. www.equitymaster.com
2. www.cmlinks.com
3. www.nse.com