Investment Analysis & Portfolio Management

DETAIL CURRICULAM

Module 1: Investment Analysis & Portfolio Management – NCFM Module

• Objectives of Investment Decisions (Introduction, Types of Investors, Constraints, Goals of Investors)
• Financial Markets (Introduction, Primary & Secondary Markets, Trading in Secondary Markets, The Money Market, Repos and Reverses, The Bond Market, Common Stocks, etc.)
• Fixed Income Securities (Introduction : The time value of Money, Simple and Compound Interest Rates, Real and Nominal Interest Rates, Bond Pricing Fundamentals, Bond Yields, Interest Rates, Macaulay Duration and Modified Duration, etc.)
• Capital Market Efficiency (Introduction, Market Efficiency, Departures from the EMH)
• Financial Analysis and Valuation (Introduction, The Analysis of Financial Statement, Financial Ratios, The Valuation of common Stocks, Technical Analysis)
• Modern Portfolio Theory (Introduction, Diversification and Portfolio Risks, Equilibrium Module: The Capital Asset Pricing Module, etc.)
• Valuation of Derivatives (Introduction, Forwards and Futures, Call and Put Options, Forward and Future Pricing, Option Pricing, Black-Scholes Formula, etc.)
• Investment Management (Introduction, Investment Companies, Active vs. Passive Portfolio Management, Costs of Management : Entry/Exit Loads and Fees, Net Asset Value, Classification of Funds, Other Investment Companies, Performance Assessment of managed funds, etc.)