Investment Analysis & Portfolio Management [FT405F] MBA - IV Sem. Syllabus for DAVV Indore Affiliated Institutions

DEVI AHILYA VISHWAVIDYALAYA, INDORE

MBA (Full-Time) Financial Management 
 Fourh-4th-IV Semester Curriculum/ Syllabus

Investment Analysis & Portfolio Management Syllabus

Financial Management  -  Investment Analysis & Portfolio Management [FT405F]

Course Contents

1.  Introduction:  Concept  of  Investment,  Investment  V/S  Speculation,  Financial  and Economic Aspect of Investment, Types, Characteristics and Objectives of Investment .Selecting Investments in a global market. 

2.  Risk Return:  Concept  Of  Risk and  Return,  Systematic and  Unsystematic Risk, Multifactor Model of Risk & Return, Efficient capital Markets, Concept of Beta, Capital Assets Pricing Model, SML and CML Valuations. 

3.  Securities Valuation: An Introduction to Security Valuation, Macroeconomic & Market Analysis: The Global Asset Allocation Decision 

4.  Valuation  of  Bonds: Bond  Fundamentals, Bond Valuation  Models:  PV  Model,  Bonds Yield,  Measures Duration,  Modified  Duration,  Immunization  Conversity,  Bond  Value

Theorem.

Valuation  of  Equity:  Constant  Growth  Model,  Multi-Stage  Growth  Model,  P/E  Ratio and  Earnings Multiplier  Models.  Valuation  Of  Preference  Shares,  Valuation  of

Warrants, Rights Issued. 

5.  Security Analysis:  Stock Market  Analysis,  Fundamental  Analysis and  Technical Analysis, Dow Theory, Elliott Wave Theory, Efficient Market Theories and Testing. 

6.  Portfolio  Concepts:  Portfolio  and  Security Returns,  Diversification,  Markowitz Model, Sharp Index Model. Factor Models and Arbitrage Pricing Theory. Portfolio Investment Process. 

7.  Portfolio  Evaluation:  Measures of  Returns,  Formula,  Plans,  Sharpe  and  Treynor Measures.Portfolio  Management  Strategies:  Bond  Portfolio  Management  Strategies and Equity Portfolio Management Strategies

TEXT BOOKS

• Bodie & Mohanty,Investments: An Indian Perspective,8,Tata Mcgraw Hill 
• Reilly,  Investment Analysis and portfolio management 2009 Cengage Learning
• Bhalla. V.K Investment Management.2008 Sultan Chand New Delhi:
• Sudhindra Bhat Security Analysis and Portfolio Management Excel books
• Elton Modern Portfolio Theory and Investment Analysis, 7th Edition,Wiley

Reference Book

• Maheshwari, Investment Management,PHI Learning
• V.A. Avadhani,Securities Analysis & Portfolio Management Himalaya Publi House 
• Mayo   An Introduction to Investments  1^st     2009 Cengage Learning
• Luenberger Investment Science Oxford Press
• Ho,Securities valuation-Application of Financial Modelling Oxford Press 

Course Objective

The objectives of this course is to provide the students indepth understanding of investment techniques as applied to various forms of securities and acquaint them with the functioning of mutual funds, investment strategies and portfolio management services.

Examination Scheme:

Students shall be evaluated on two components , internal and end semester examination. Internal component shall be of 20 marks based on continuous evaluation .The Semester  Examination will be worth 80 marks, it will have two Section, A and B. Section A, worth 60 marks will comprise of seven theory questions out of which a student will be required to attempt any four questions. Section B worth 20 marks will contain Cases.