NPTEL - Security Analysis & Portfolio Management
offered by IIT Roorkee

Public/Government Institute
Estd. 1847

Security Analysis & Portfolio Management
at
IIT Roorkee
Overview

Gain a comprehensive overview of the Security Analysis and concepts

Duration	12 weeks
Mode of learning	Online
Credential	Certificate

Security Analysis & Portfolio Management
at
IIT Roorkee
Highlights

Earn a E- certificate of completion from IIT Roorkee

Security Analysis & Portfolio Management
at
IIT Roorkee
Course details

Skills you will learn

Financial Instruments Bonds Foreign Exchange Financial Markets Marketing Accounting Data analysis Valuation R Portfolio management Operations Fixed Income Trading Forecasting CAPM

More about this course

In addition, the governments of developing nations continue to pursue their strategy of partial privatization of the frontier sectors in an attempt to raise revenues for the exchequer as well as reduce operational losses with increased efficiency
Under these stimuli, scientific investment management by the investor fraternity becomes of cardinal necessity for generating competitive returns and surviving in the marketplace
Financial instruments have proven to be immensely useful as versatile investment avenues
Their vitality can be gauged from the exponential growth in trading volumes as well as the advent of new structured products literally on a day to day basis
They deliver the content in the asymptote rather than as a mainstream course focusing either on the purely stochastic underpinnings or emphasizing the trade-based orientation
The proposed course aims to provide valuable insights into the underlying financial nuances involved in investment management holistically

Security Analysis & Portfolio Management
at
IIT Roorkee
Curriculum

Week 1

Concept of Investment

Investment Objectives and Constraints

Investment Classification

Financial Markets & Instruments, their role & classification

Regulation of Securities Markets

Primary & Secondary Markets

Trading, Clearing and Settlement procedures, Market Indices

Week 2

Concept & Measures of Risk and Return

Portfolio Risk & Return

Reduction of Risk through Diversification

Week 3

Concept of Intrinsic Valuation

Cash Flow based Equity Stock Valuation Models

Value Added & Asset based valuation

Use of Multiples & Relative Value

Week 4

Fundamental Analysis for Determination of Inputs to Equity Valuation

Cash Flow & Profitability Forecasting

EIC Framework

Economic Forecasting Methods

Industry Analysis

Industry Life Cycle

Structural Analysis

Week 5

Company Analysis

Publicly accessible Corporate Information

Tools of Financial Statement Analysis

Week 6

Financial Statement Analysis including Impact of Changes in Accounting Policies

Depreciation Methods

Revaluation of Fixed Assets

Foreign Exchange Transactions,

Amortization of Preliminary and Preoperative Expenses

R&D Expenditure

Valuation of Inventory

Treatment of Leases etc

Week 7

Measures of Bond Returns

YTM & Holding Period Yields

Bond Valuation

Spot & Forward Interest Rates

Term Structure & Yield Curves

Interest Rate Sensitivities

Duration & Elasticities

Key Rates & Bucket Rates

Week 8

Efficient Market Hypothesis

Technical Analysis: Dow Theory

Types of Charts

Price Patterns

Trend Lines

Trend Channels

Support and Resistance Levels

Relative Strength Analysis

Moving Averages

Breadth of the Market

Volume

Momentum

Week 9

Portfolio optimization in the mean variance framework: two security case, various combinations of risky & risk-free assets, implications of the results, concept of efficient frontier

Concept of Utility & Indifference Curves, Optimal Portfolio Selection

Week 10

The multi-security case of portfolio optimization

Tracing of the full efficient frontier with/without the existence of risk-free asset

Week 11

Single Index & Capital Asset Pricing Model

Systematic and Unsystematic Risk

Beta of a Portfolio

CML & SML

Arbitrage Pricing Theory

Comparison of CAPM and APT

Applications of APT

Week 12

Active & Passive Portfolio Management

Portfolio Revision of Equity Portfolios

Measuring and Evaluating Portfolio Performance

Measures of Return on Active Portfolios

Buying the Index Approach

Fixed Income Portfolio Management

Active vs Passive Strategies

Portfolio Management Using Derivatives

Security Analysis & Portfolio Management
at
IIT Roorkee
Faculty details

Prof. J. P. Singh

Jatinder Pal Singh, is a Professor at the Indian Institute of Technology Roorkee. He is also a postgraduate in Physics, Mathematics and a graduate in Law & Operational Research.