Securities – types, shares, debentures and their characteristics – primary and secondary markets, stock exchanges, organization and functions, listing of securities, mechanism of trading – sources of information.
Valuation of Securities : Equity – Bonds and Debentures – Capital Asset pricing model, arbitrage pricing theory.
Economic Analysis - Economic forecasting and stock Investment Decisions – Forecasting techniques. Industry Analysis - Industry classifications. Economy and Industry Analysis - Industry life cycle - Evaluating Industry relevant factors - External industry information sources.
Company Analysis: Measuring Earnings - Forecasting Earnings - Applied valuation techniques - Graham and Dodds investor ratios - value investing. Technical Analysis: Fundamental Analysis Vs Technical Analysis – Dow theory - Charting methods – Market Indicators - Trend - Trend reversals - Patterns - Oscillators - ROC - Momentum - MACD–RSI.
Portfolio Analysis - meaning and importance of portfolios – Portfolios selection and construction - Performance evaluation – Measures of return – formula plans – rupee cost averaging – risk adjusted measure of performance.
Reference Book:
1.Fischer and Jordan, Security Analysis and Portfolio Management, Prentice Hall Publications 2. Bhalla V. K., Investment Management, S. Chand & Co Publications 3. Kevin S., Security Analysis & Portfolio Management ,New Delhi: PHI Learning Pvt Ltd Publications, 2008 4. Bodie / Kane / Marcus / Mohanty, Investments, Tata McGraw Hill Publications, 6th Edition 5. Brealey and Myers, Principles of Corporate Finance, Tata McGraw Hill Publications, 7th Edition.
Text Book:
1. Reilly & Brown, Investment Analysis & Portfolio Management , New Delhi: Thomson Publications, 2009 8th Edition 2. Chandra Prasanna, Investment Analysis and Portfolio Management, New Delhi: Tata McGraw – Hill Publications, (2008
