NATIO

ONAL STOCK
S EXCHA
ANGE OF INDIA
A LIMITE
ED

Depart
rtment : SB
BU-Educatio
on

NCFM
M – COURS
SE OUTLINE

Investm
ment Analy
ysis and Po
ortfolio Man
nagement

 Objectives of Investme ent Decisionns

Introduction;; Types of Investors; Con
nstraints; Goals of Investors.

 Financial Markets
M
Introduction,, Primary and
d Secondaryy Markets; Trrading in Sec
condary Markkets; Money Market; Rep
pos
and Reverse e Repos; Bon nd Market; C
Common Stocks."

 Fixed Incom me Securitiees

Introduction--Time Value of Money; S
Simple and Compound
C Interest Ratess; Real and Nominal
N Interrest
Rates; Bond d Pricing Fun
ndamentals; B
Bond Yields; Interest Rates; Macaulaay Duration and
a Modified d
Duration

 Capital Marrket Efficiency

Introduction;; Market Effic artures from the EMH
ciency; Depa

 Financial Analysis
A and Valuation
Introduction;; Analysis of Financial Sttatements; Financial Ratios (Return, O
Operating an
nd Profitabilitty
Ratios); Valu
uation of Com mmon Stockks; Technical Analysis."

 Modern Porrtfolio theorry

Introduction;; Diversification and Portf
tfolio Risks; Equilibrium
E Models:
M The C
CAPM; Multifactor Mode
els:
The Arbitrag
ge Pricing Th heory.

 Valuation ofo Derivativees

Introduction;; Forwards and
a Futures; Call and Putt Options; Fo
orward and F
Futures Pricin
ng; Option
Pricing; Blacck- Scholes Formula
F .

 Investment Management
Introduction;; Investment Companies ; Active vs. Passive
P Portffolio Manageement; Costs
s of Managem
ment
– Entry/Exit Loads and Fees;
F Net Assset Value; Classification
C of Funds; O
Other Investm
ment Compannies;
Performance e Assessmen nt of Manage ed Funds

 
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