Concepts of investment –important forms of investment – LIC schemes –bank deposits- government securities – mutual funds schemes – post office schemes – provident fund – company deposit – real estate – gold and silver

Investment in shares and debentures – comparison with other form of investment – primary market: role of NIM mechanics – of floating new issue Market function – mechanics of security trading– OTCEI-NSE futures and options

Risk – kinds, Measures of risk – Returns- valuation of securities- valuation of bonds – valuation of preference and Valuation of equity shares

Security analysis: fundamental analysis: economic, industry and company analysis – technical analysis: Dow theory – types of shares – important share patterns –case study

Efficient market theory - Random walk theory – weak form – semi strong. Portfolio analysis: Markowitz theory – optimum portfolio- Case study.