M-303

SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

Course/Paper : 303                                                           Max.Marks : 70

 

MBA-  Optional                                                                    Time : 3 Hrs

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Objective:The focus of Security Analysis is on how others analyze your company’s securities on their own. Whereas, that of Portfolio Management is on how investors analyze your company’s securities in comparison with other’s on the security market. The course is designed with a view:  To acquaint the students with the working of security market and principles of security analysis; and  To develop the skills required for portfolio management so as to be able to judge the competitive position of firms in capital market and review the related business decisions.

 

Section A
 

Investment Scenario & Security Markets: concept of investment-investment objectives and constraints-security and non security forms of investment. Securities markets: markets and their functions-methods of raising capital-development of stock market in India-demat, listing, membership, trading and settlement procedure, stock market indices, regulation of securities market (SEBI).

 

Risk and Return:total risk and its factors-concept and components of total risk- security returns: measuring historical and ex ante (expected) returns-systematic and unsystematic risk-quantifying portfolio risk and return-benefits of diversification-capital market line and capital assets pricing model

 

Introduction to portfolio management The investment process-definition of investments-investment categories.

 

Capital market theory CAPM, CML-application of the security market line, APT

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Portfolio analysis diversification, portfolio risk and return-Markowitz risk return optimization-single index model-the Sharpe index model-portfolio beta

 

Economic analysis Industry analysis, Company analysis, Technical analysis.

 
 

Section B
 

Case and Problems

 

 

 

 

 
 

 

 

 

 

 
 

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