Page 4 - DCOM504_SECURITY_ANALYSIS_AND_PORTFOLIO_MANAGEMENT

SYLLABUS
Security Analysis and Portfolio Management

Objectives: This course aims to provide a basic knowledge of the theories and practices of modern portfolio choice and
investment decision. The course will acquaint students with some fundamental concepts such as risk diversification, portfolio
selection, capital asset pricing model etc. The students are also expected to be able to apply certain techniques to evaluate and
analyse risk and return characteristics of securities such as individual stocks, mutual funds, and government and corporate
bonds.

S. No. Description
1. Introduction to Security Analysis
2. Fundamental Analysis(Economic Analysis, Industry Analysis, Company Analysis)
3. Equity valuation models (balance sheet valuation, dividend discount model, free cash flow models,
earnings)
4. Technical Analysis (Charting techniques & technical indicators), Efficient Market Theory
5. Introduction to Portfolio Management, Portfolio Analysis

6 Capital Asset Pricing Theory (CML & SML)
7 Arbitrage Pricing Theory
8 Models (Markowitz risk-return optimization Single Index Model, Two factor and multi factor models)

9 Portfolio Performance Evaluation
10 Portfolio Revision