Security Analysis & Portfolio Management

Syllabus

BCOP 611-18

Security Analysis and Portfolio Management

UNIT – I

Investment: Meaning, Nature, Objectives and Process. Difference Between Investment and Speculation, Investment and Gambling. Various Investment Avenues/ Alternatives.

Investment Philosophy, Value Investing and Growth Investing, Investment Strategy, Individual and Institutional Investors.

UNIT – II

Security Analysis: Meaning, Concept of Risk, Risk Management; Analysis of Risk and Return. Relationship between Risk and Return

Types and Measurement of Risk, Risk and Return Trade Off.

UNIT – III

Investment Analysis: Fundamental Analysis– Economic, Industry and Company Analysis. Technical Analysis- Charting Techniques and Indicators. Fundamental v/s Technical Analysis. Efficient Market Theory, Random Walk Theory

UNIT – IV

Portfolio Management: Concept, Portfolio Management Models- Capital Asset Pricing Model, Arbitrage Pricing Theory, Marvkowitz Model, Capital Market Line, Security Market Line, Portfolio Performance Evaluation- Sharpe Model, Jensen and Treynor Model Portfolio Revision: Techniques of Portfolio Revision, Formula Plans, Constant Rupee Value Plan, Constant Ratio Plan, Variable Ratio Plan, Rupee Averaging Technique. Global Investing – Benefits and Options for Global Investment.