FM2106

Security Analysis& Portfolio Management
Year / Semester: 
4th Semester
Objective: 

The objective of the course is to provide the student the understanding of financial market environment and manage the investments for maximum returns.

Credits: 
6

Indian Stock Market: Introduction to Investment and Securities, Investment Alternatives, New Issue Market, Secondary Market, Listing of Securities, BSE, NSE, OTCEI and NSDL, Stock Market Indices; Security Analysis: Risk and Return, Bond Valuation, Stock Return and Valuation, Fundamental Analysis, Technical Analysis Efficient Market Hypothesis, Options and Futures; Portfolio Management: Portfolio Construction, Markowitz Theory, Sharpe Single Index Model, Capital Asset Pricing Theory, Arbitrage Pricing Theory, Portfolio Evaluation.

Suggested Readings: 

1. Donald E.Fischer & Ronald J.Jordan, ‘Security Analysis & Portfolio Management’, Prentice Hall of India Private Ltd., New Delhi 2000.
2. V.A.Avadhani – ‘Securities Analysis and Portfolio Management’, Himalaya Publishing House, 1997.
3. V.K.Bhalla, ‘Investment Management’, S.Chand & Company Ltd., Seventh Edition, 2000. 4. Punithavathy Pandian, ‘Security Analysis & Portfolio Management’ – Vikas Publishing House Pvt., Ltd., 2001.