MC9291 PORTFOLIO MANAGEMENT Syllabus for 5th Sem MCA - Fifth semester - Regulation 2009 - Anna University
MC9291 PORTFOLIO MANAGEMENT LT P C
3 0 0 3
UNIT I MONEY AND
CAPITAL MARKETS
8
Trends of savings and financial flow, the Indian Money market , introduction,
characteristics of money market ,
need for money market, major segments of money market, money market instruments
and Capital market, introduction, primary market and
secondary market, recent capital market reforms, new capital issue, instruments and market participant
UNIT II
STOCK
EXCHANGES
10
Nature and
functions of
stock exchange in
India,organizational structure of
the
secondary
marlet,stock exchanges and financial
development
in India, listing of
securities in stock exchange-OTCEI market-New Issue Market- concepts and function,
underwriting, role of new issue market ,mechanics of trading in stock exchanges.
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UNIT III
|
FUNDAMENTAL ANALYSIS
|
8
|
|
|
Economic
|
Analysis -
Economic forecasting
|
and stock
|
Investment
Decisions -
|
Forecasting techniques. Industry Analysis
-
Industry classifications. Economy
and
Indus try Analysis. Industry life cycle - Evaluating Industry relevant factors - External
industry information sources. Company Analysis : Measuring Earnings - Forecasting
Earnings - Applied valuation techniques - Graham
and Dodds investor ratios.
UNIT IV
TECHNICAL ANALYSIS
10
Technical Analysis: Fundamental Analysis Vs Technical Analysis
- Charting methods - Market Indicators. Trend - Trend reversals
- Patterns - Moving Average - Exponential
moving Average - Oscillators - ROC - Momentum - MACD - RSI
- Stoastics.Factors influencing share prices, forecasting stock prices - Efficient Market Theory - Risk and Returns.
UNIT V PORTFOLIO ANALYSIS
9
Portfolio theory- Markowitz theory, Sharpe index model,CAPM.Portfolio investment
model- basic principles, planning, implementation, portfolio objective and types. Portfolio evaluation – measures of return, formula plans,types of formula plans.Risk adjusted
measure
of performance
–
Sharpe’s measure,
Treynor’s measure
and
Jensen’s measure
TOTAL : 45 PERIODS
TEXT BOOKS:
1. V.K.Bhalla, “Investment Management”, S.Chand & Company Ltd, New
Delhi
2003.
REFERENCES:
1. Punithavathy Pandian, Security Analysis & Portfolio Management – Vikas Publishing
House Pvt. Ltd., 2001.
2. V.A.Avadhani – Securities Analysis & Portfolio Management – Himalaya Publishing
House, 1997.
