SECURITY ANALYSIS & PORTFOLIO MANAGEMENT

Introduction to Security Analysis : Concept of Securities - Objectives of Security Analysis -Types of Securities. Listing of securities cost of investing in securities, mechanism of investing, Valuation of Securities: Valuation Theories of Fixed and Variable Income Securities - Valuation and Market Price- Security Credit Rating. Markets and brokers, investment companies, market indices and return, government securities, non security forms of investment, real estate investment, investment instruments of the money market.

Risk and Return : Concepts of Risk & Return - Diversification of Risk – Efficient Market  Theory.

Stock Market Analysis : Fundamental Technical Approach, Types, Functions, Listing, Different Stock Exchange in India, Market Index, Recent Developments in the Indian stock Market.

Introduction to Portfolio Management : Concept of Portfolio, Composition of Portfolio Management, Objectives of Portfolio Management, Portfolio Theory : Optimum Portfolio Selection Problem , Markowitz Portfolio Theory - Mean Variance Criteria (MVC) - MVC and Portfolio Selection - Portfolio Selection.

Portfolio Models : Sharp Single Index Model – (APM Model - Factor Model ) – Arbitrage Pricing Theory, Efficient Market Theory and portfolio, Tracing the efficient portfolio. Portfolio Mixes : Investment in Liquid Asset, Portfolio of Two Risky Securities, A Three Security Portfolio – The relationship between the Unleveraged and Leveraged Portfolio, Bond Portfolio Management.

Investment & Portfolio Strategies : Portfolio Investment Process, Corporate Investment & Portfolio. Practical problems in security analysis and portfolio management.

Portfolio Management in India : Portfolio Consultancy - National & International Portfolio mixes.