Thursday, September 29, 2022

BMP:SEM4:FINANCE SPECIALIZATION:PAPER 4/4:SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT


1. Introduction 

The Investment Environment, Financial Instruments, The Securities Trading – Market &

Mechanism.

2. Security Analysis: 

Macroeconomic and Industry analysis, equity Valuation Models, Company analysis,

Brief Overview of Technical Analysis (Charts, Line Charts, Line & Volume, Charts, Point

&Figure Charts, Bar Chart, Candlestick Chart, Various Patterns, Dow Theory & Elliot

wave Theory).

3. Portfolio Theory: 

Concepts of Risk & Return, Diversification of Risk, Optimum Portfolio Selection Problem

- Markowitz Portfolio Theory - Mean Variance Criteria (MVC) - MVC and Portfolio

Selection - Portfolio Selection.


4. Equilibrium in Capital Markets: 

The Capital Asset Pricing Model, Index Models, Arbitrage Pricing Theory and Multifactor

Models of Risk and Return, Market Efficiency and Behavioral Finance, Empirical

Evidence on Security Returns.

5. Bond Portfolio Management : 

Bond Prices and Yields, the Term structure of Interest Rates, Managing Bond Portfolios.

6. Active Portfolio Management: 

Portfolio Performance Evaluation, International Diversification, The Process of Portfolio

Management, The Theory of Active Portfolio Management.


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