Financial and Economic Meaning of Investment – Characteristics and Objectives of Investment – Investment Vs. Speculation - Investment Process -Types of Investment – Investment Alternatives – Choice and Evaluation – Risk and Return Concepts.
Financial Market - Segments - Types - Participants in Financial Market - Regulatory Environment, Primary Market - Methods of Floating New Issues, Book building - Role of Primary Market - Stock Exchanges in India - BSE, OTCEI, NSE, ISE - Regulations of Stock Exchanges - Trading System in Stock Exchanges - SEBI.
Economic Analysis – Economic Forecasting and Stock Investment Decisions – Forecasting Techniques. Industry Analysis : Industry Classification, Industry Life Cycle – Company Analysis Measuring Earnings – Forecasting Earnings – Applied Valuation Techniques – Graham and Dodds Investor Ratios.
Fundamental Analysis Vs Technical Analysis – Charting Methods – Market Indicators. Trend –Trend reversals – Patterns - Moving Average – Exponential Moving Average – Oscillators – Market Indicators – Efficient Market theory – ROC – MACD - RSI. Efficient Market Theory - Forms of Market Efficiency -Weak, Semi-Strong, Strong Form - Empirical Tests of Market Efficiency - Its Application.
Portfolio Management Framework - Portfolio Analysis – Portfolio Construction - Portfolio Selection – Capital Asset Pricing Model – Portfolio Revision – Portfolio Evaluation – Mutual Funds.
Reference Book:
Donald E.Fischer& Ronald J.Jordan, Security Analysis & Portfolio Management, PHI Learning., New Delhi, 8th edition, 2011. Reilly & Brown, Investment Analysis and Portfolio Management, Cengage Learning, 9th edition, 2011. Bodi, Kane, Markus, Mohanty, Investments, 8th edition, Tata McGraw Hill, 2011. Subrata Mukherjee, Security Analysis and Portfolio Management, Vikas Publishing, 2021 Shveta Singh & Surendra S. Yadav, Security Analysis and Portfolio Management: A Primer, Springer, 1st Edition, 2021
Text Book:
Punithavathy Pandian, “Security Analysis & Portfolio Managementâ€, Vikas Publishing House Private Ltd, 2nd Edition, 2014 Prasannachandra, Investment Analysis and Portfolio Management, Tata McGraw Hill, 2021