Security Analysis

Syllabus

FM-306: SECURITY ANALYSIS

Max. Marks: 100                                                                                                                                   External: 70

Time: 3 Hours                                                                                                                         Internal: 30

Investment Background – Meaning and Avenues of Investment, Concept of Risk and Return, Determinants of Required Rates of Return, Relationship between Risk and Return, Security Risk and Return Analysis and Measurement.

Financial Assets – Type and Their Characteristics Including Derivatives.

Asset Allocation Decision – Individual Investor Life Cycle, the Portfolio Management Process, the Importance of Asset Allocation.

Organisation and Functioning of Financial Markets in India - Primary Capital Markets, Secondary Markets, Financial Intermediaries, Listing of Securities, Securities Trading, Securities Settlement, and Regulation, Evaluation of Securities, and Stock Exchanges.

Security Analysis and Management Strategies – Efficient Market Hypothesis, Macro-Analysis and Micro-Valuation of The Stock Market; Fundamental Analysis – Economic Analysis, Industry Analysis, Company Analysis and Stock Valuation.

Technical Analysis – Techniques, DOW Theory.

Equity Portfolio Management Strategies – Passive Versus Active Management Strategies.

Analysis and Management of Fixed Income Securities - Bond Fundamentals, the Analysis and Valuation of Bonds, Bond Portfolio Management Strategies – Passive, Semi-active and Active Strategies.