BA5012

Security Analysis and Portfolio Management

HBS > Professional Electives > Security Analysis and Portfolio Management
Course ID
BA5012
Level
Post Graduation
Semester
Semester III

OBJECTIVES:
Enables student to
• Understand the nuances of stock market operations.
• Understand the techniques involved in deciding upon purchase or sale of securities.

UNIT I INVESTMENT SETTING
Financial and economic meaning of Investment – Characteristics and objectives of Investment – Types of Investment – Investment alternatives – Choice and Evaluation – Risk and return concepts.

UNIT II SECURITIES MARKETS
Financial Market – Segments – Types – – Participants in financial Market – Regulatory Environment, Primary Market – Methods of floating new issues, Book building – Role of primary market – Regulation of primary market, Stock exchanges in India – BSE, OTCEI , NSE, ISE, and Regulations of stock exchanges – Trading system in stock exchanges –SEBI.

UNIT III FUNDAMENTAL ANALYSIS
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.

UNIT IV TECHNICAL ANALYSIS
Fundamental Analysis Vs Technical Analysis – Charting methods – Market Indicators. Trend – Trend reversals – Patterns – Moving Average – Exponential moving Average – Oscillators – Market Indicators – Efficient Market theory.

UNIT V PORTFOLIO MANAGEMENT
Portfolio analysis – Portfolio Selection –Capital Asset Pricing model – Portfolio Revision Portfolio Evaluation – Mutual Funds.

TOTAL:45 PERIODS

OUTCOMES:
• Become a good investment analyst.

REFERENCES :

  1. Donald E.Fischer & Ronald J.Jordan, Security Analysis & Portfolio Management, PHI Learning., New Delhi, 8th edition, 2011.
  2. Prasannachandra, Investment analysis and Portfolio Management, Tata McGraw Hill, 2011.
  3. Reilly & Brown, Investment Analysis and Portfolio Management, Cengage, 10th edition, 2016./li>
  4. S. Kevin , Securities Analysis and Portfolio Management , PHI Learning , 2012.