Course Details
Subject {L-T-P / C} : SM6151 : Security Analysis and Portfolio Management { 3-0-0 / 3}
Subject Nature : Theory
Coordinator : Prof. Dinabandhu Bag
Syllabus
Introduction to Portfolio Management: Risk & Return in a Portfolio, Markowitz Model, Two & Multi Assets Portfolio, Sharpe Model. Portfolio Selection Process: Optimal Portfolio, Utility Theory, Indifference Curve, Capital Assets Pricing Model & Arbitrage Pricing Theory, Efficient Market and Hypothesis. Building Fixed Income Security Portfolio: Bond Valuation, Yield to Maturity, Duration & Immunisation, Valuation of Convertibles & Warrants, Bond Management Strategies. Fundamental Analysis: Economic, Industry, Company & Environment Analysis, Technical Analysis, Volume & Price Trends, Tools of Analysis, Derivative Instruments. Evaluation of Portfolio Performance: Framework of Evaluating Performance, Measures of Portfolio Performance, Reward to Variable Measure, Measure Problems with Portfolio Management.
Course Objectives
- Learn the Fundamentals of investments
- Methods of Stock & Portfolio Analysis
- Bond Analysis
- Covariance, Variance and Multi-factor Models
Course Outcomes
The course is designed with a view 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
Essential Reading
- Gordon, A. J., Bailey, J. V., & Sharpe, W. F., Investments, PHI
- Fischer Donald E., Jordan, R. J.,, Security Analysis and Portfolio Management, Pearson
Supplementary Reading
- Bodie Zvi and Kane Alex, and Marcus Alan, Investments, Mc Graw Hill
- KEVIN S, SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT, PHI
Journal and Conferences
- nseindia.com