Lovely Professional University, Punjab

Course Code Course Title Course Planner Lectures Tutorials Practicals Credits
MGT521 SECURITY ANALYSIS AND PORTFOLIO
MANAGEMENT
11567::Sukhwinder Kaur 4.0 1.0 0.0 5.0
Course Category Courses with numerical and conceptual focus
TextBooks
Sr No Title Author Edition Year Publisher Name
T-1 Investment Analysis and Portfolio
Management
Chandra, Prasanna 3rd 2009 Tata McGraw Hill
Reference Books
Sr No Title Author Edition Year Publisher Name
R-1 Investment Management: Security
Analysis and Portfolio Management
Bhalla, V K, 17th 2011 S. Chand
R-2 Security Analysis and Portfolio
Management
Pandian,Punithavathy 3rd 2008 Vikas Publication
R-3 Security Analysis and Portfolio
Management
Fisher, Donald
&Jordan,Ronald.J
8th 2011 Pearson
R-4 Investment Analysis and Portfolio
Management
Brown,reilly 8th 2006 Cengage Learning
Other Reading
Sr No Journals articles as Compulsary reading (specific articles, complete reference)
OR-1 Nicoletti, Nicola " On the profitability 12 Fundamental Analyis strategies of NASDAQ 100" electronic copy available at :http://papers.ssrn.com/sol3/papers.cfm?
abstract_id=561122 ,
OR-2 Hilscher,Jens and Wilson, Mungo "Credit rating and credit risk" available online at :http://ssrn.com/abstract=1474863 ,
OR-3 Fernndez,Pablo "Are calculated betas worth for anything?" available online at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=504565&download=yes ,
OR-4 DeGennaro and Kim "Capm and Beta in Imperfect Market"electronic copy available at :http://papers.ssrn.com/sol3/papers.cfm?abstract_id=372780 ,
OR-5 Ang,Andrew andChen, Joseph ,"CAPM Over the Long-Run: 1926-2001" available online at:http://papers.ssrn.com/sol3/papers.cfm?abstract_id=346600 ,
OR-6 Fernandez,Pablo "Valuing Companies by Cash Flow Discounting: 10 Methods and 9 Theories" electronic copy availabe at :http://ssrn.com/abstract=256987 ,
OR-7 Ganguli,Santanu K "Accounting Earning, Book Value and Cash Flow in Equity Valuation: An Empirical Study on CNX NIFTY Companies" electronic copy
available at:http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=b045bf0c-18dc-4c8c-bae8-f4974e25067e%40sessionmgr14&vid=1&hid=7 ,
OR-8 Turasi and Walker ," Balancing risk and return in a customer portfolio" Electronic copy available at:http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?
sid=27b864e5-422a-4351-aa85-652deda358d6%40sessionmgr115&vid=1&hid=125 ,
OR-9 Lloyd, Hand and Modani,The Effect of portfolio construction rules on the relationship between portfolio sixe and effective diversification Journal of Financial
Research, Vol.IV, No.3,Fall 1981 ,
OR-10 Fischer,Stanley " Central Lessons from Global Crisis"RBI Series of Memorial Lectures can be viewed
at:http://www.rbi.org.in/content/Pub_Stanley_Fischer_lecture.aspx ,
OR-11 Zeynel Abidin Oedema, Efficient market hypothesis: evidence from a small open-economy Applied Economics, 2008, 40, 633641 ,
OR-12 Amanulla and Kamaih, Asset pricing Behaviour in Indian Stock Market: Is CAPM still relevant? Journal of Financial management and Analysis, Jan-June,
1998,pg32-47 ,
OR-13 SEBI working paper on Corporate Debt Market in India : Key Issues and some Policy Recommendations. available at
:http://www.sebi.gov.in/workingpaper/corporate.pdf ,
OR-14 Amene, Goltz, and Lioui (2011), Practitioner Portfolio Construction and Performance Measurement: Evidence from Europe Financial Analysts Journal ,Volume
67 . Number 32011 CFA Institute ,
OR-15 Manjunatha.T and Mallikarjunappa.T, Bivariate Analysis of Capital Asset Pricing Model In Indian Capital Markets , Vikalpa,Vol.34.No1, January-March,2009 ,
OR-16 Bettman, Sault and Schultz, Fundamental and technical analysis: substitutes or complements? Accounting and Finance 49 (2009) 2136 ,
OR-17 Shobhana and Deepa "Impact of Mergers and Acquisitions on the Shareholder Wealth of the Select Acquirer Banks in India: An Event Study Approach"
Electronic copy available at:http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=d0f3e85c-c136-4bf3-85ac-0712fc71750c%40sessionmgr4&vid=1&hid=7 ,
Relevant Websites
Sr No (Web address) (only if relevant to the course) Salient Features
RW-1 http://capitaline.com/user/framepage.asp?id=1 Complete database to get information related to financials , manangement
structure etc. about
RW-2 www.bseindia.com Provides detailed information about the various stock listed on BSE.
RW-3 www.moneycontrol.com Provides news related to day-to-day happenings of the stock market
RW-4 www.nseindia.com Provides the detailed information about the various stocks listed on NSE
RW-5 www.yahoofinance.com Provide all current and past data related to stock prices
RW-6 www.business.in.com Online source for latest busniess and financial news and analysis. Also
contains various articles from forbes india, harvard , stanford and oxford
university etc.
RW-7 www.academicearth.org/courses/valuation/ Contains a series of lectures on equity valuation by NYU Professor-
Aswath Damodaran
RW-8 http://oyc.yale.edu/economics Open source of Yale university-contains video lectures on Financial
markets ,Risk Management,behavioural Finance
RW-9 http://freevideolectures.com/Course/3012/Security-Analysis-and-Portfolio-Management Video Lectures on Security Analysis and Portfolio Mangement by Prof. J.
Mahakud, IIT Kharagpur
RW-10 http://www.vutube.edu.pk/index.php?
option=com_hwdvideoshare&task=viewcategory&Itemid=99&cat_id=132
Contains video lectures on Investment Analysis and Portfolio
Management from Virtual University of Pakistan
RW-11 http://www.rbi.org.in/home.aspx Contains infomation related to policy rates and various Statistical data for
past years related to Indian Economy
RW-12 www.sebi.gov.in/ Website of major reagulator of Indian capital Markets
RW-13 indiabudget.nic.in/budget.asp Contains Union and Union Budget for year 2012-2013
RW-14 http://www.strategicanalytics.com/articles/2003rmaj_forecastingtools.php Introduction to forcasting portfolio performance
RW-15 http://books.google.co.in/books?
id=RMEP2LzTrdIC&pg=PA473&source=gbs_toc_r&cad=4#v=onepage&q&f=false
Introduction to forcasting portfolio performance
Audio Visual Aids
Sr No (AV aids) (only if relevant to the course) Salient Features
AV-1 http://www.youtube.com/watch? v=Lc791is6X0o&feature=related Warren buffet video onhow to read stocks:
AV-2 http://www.youtube.com/watch? v=1SL09dlEVio&feature=related video on Hidden secrets of technical analysis:
AV-3 www.learnerstv.com Contains videos related to Security Analysis and investment management
AV-4 http://www.youtube.com/watch? v=0MLLo9JEhDY&feature=related Basic Stock Market Concepts - Investing 101
AV-5 http://www.youtube.com/watch? v=NMIbXYwcG6Y&feature=related video on market lessons by anirudh sethi
Software/Equipments/Databases
Sr No (S/E/D) (only if relevant to the course) Salient Features
SW-1 Newswire18 Contains data related to companies also economic indicators past data
SW-2 Capitaline contains annual reports and all the financial data related to compnies
including their industry peers.
Week
Number
Lecture
Number
Broad Topic(Sub Topic) Chapters/Sections
of Text/reference
books
Other Readings,
Relevant
Websites, Audio
Visual Aids,
software and
Virtual Labs
Lecture Description Learning Outcomes Pedagogical Tool
Demonstration/ Case
Study / Images /
animation / ppt etc.
Planned
Week 1 Lecture 1 Introduction to Security Analysis,
Securities Market-primary and
secondary(Meaning of
investment,minvestment vs
speculation,features of investment
programme ,risk involved in
investment.)
T-1:Ch1-pg3-6
R-1:Ch-pg 3-21
RW-10 Meaning of
investmentinvestment vs
speculationfeatures of
investment programme
risk involved in
investment
After this lecture
student will be able to
distinguish between
speculation and
investment and he will
be aware about various
types of risk involved in
investment
management
Discussion on recent
trends in Sensex and
Nifty and Direction in
which world capital
markets are moving
Detailed Plan For Lectures
LTP week distribution: (LTP Weeks)
Weeks before MTE 7
Weeks After MTE 6
Spill Over 2
Week 1 Lecture 2 Introduction to Security Analysis,
Securities Market-primary and
secondary(Investment Alternatives
and their evaluation
Approaches to investment decision
making, portfolio
management process)
T-1:Ch1-pg5-22 RW-9 Investment Alternatives
Portfolio Management
process Approaches to
investment decision
making
After this lecture
student will become
aware of various
investment alternatives
available and how to
design a portfolio in
order to reduce risk and
earn desired amount of
return
Video lecture from
Learners TV
Lecture 3 Introduction to Security Analysis,
Securities Market-primary and
secondary(Secondary markets-
trading and settlement, buying and
selling shares.)
T-1:Ch3-pg 47-66 RW-2
RW-4
Security market
Introduction participants
in security
marketTrading and
settlement Buying and
selling shares
After this lecture
student will be to
explain functioning of
stock exchanges in
India
Video on how to read
stock
Lecture 4 Introduction to Security Analysis,
Securities Market-primary and
secondary(Buying on margin and
short sale, stock market quotation
and indices.)
T-1:Ch3-pg 67-72 79 RW-2
RW-4
Buying on margin and
short sale stock market
quotation and
indicesTypes and issues
in constucting any index
Should trading be
regulated
After this lecture
student will be able to
read stock market
quotations and describe
construction of stock
market indices
stock indices given in
newspaper should be
discussed
Week 2 Lecture 5 Equity valuation models(Equity
valuation techniques-balance sheet
valuation)
T-1:Ch13-pg 371-
375
R-2:Ch11-pg 189-
191
OR-7 Equity valuation
Techniques Balance
sheet Valuation
Caluation of return
anticapted return Present
value of return and
Continous compounding
return
After this lecture
student will be able to
learn how to calculate
returns
Problem solving
Lecture 6 Equity valuation models(Dividend
discount models-constant growth,
two phase growth models)
T-1:Ch13-pg 374-
379
R-2:Ch11-pg 191-
196
OR-6 Single period valuation
Expected rate of return
multiperiod vauation
Constant growth model
Two stage growth model
Three phase model H
model
After this lecture
student will be able to
learn how to calculate
value of a share
Example on
calcuation of value of
shares of a company
using current stock
prices and balance
sheet of a company
Lecture 7 Equity valuation models(Dividend
discount models-constant growth,
two phase growth models)
T-1:Ch13-pg 374-
379
R-2:Ch11-pg 191-
196
OR-6 Single period valuation
Expected rate of return
multiperiod vauation
Constant growth model
Two stage growth model
Three phase model H
model
After this lecture
student will be able to
learn how to calculate
value of a share
Example on
calcuation of value of
shares of a company
using current stock
prices and balance
sheet of a company
Lecture 8 Equity valuation models(Free cash
flow models, earnings multlier
approach,other comparative
valuation ratios.)
T-1:Ch13-pg 383-
393
OR-7 Free cash flow models
earnings multlier
approachPE Ratio
After this lecture
student will be able to
caluate value of shares
of a company
Example on
calcuation of value of
shares of a company
using current stock
prices and balance
sheet of a company
Week 3 Lecture 10 Bond Valuation(Bond -
Characteristics,types,determination
of bond prices)
T-1:Ch 11- pg 315-
318
RW-7 Bond Characteristics
Types of bonds Bond
prices Bond value with
semiannual interest rates
After this lecture
student will be to
estimate price of a bond
Discussion on current
challenges for debt
market in India
Lecture 11 Bond Valuation(Bond prices,
Relationship between bond prices
and time,)
T-1:Ch11- 319-322 RW-7 Price Yield
relationshipRelationship
between bond price and
time
After this lecture
student is able to
understand the
interrelationship betwen
bond price time and
yield
SpreadsheetExcel
Lecture 12 Bond Valuation(Bond yield-
YTM,YTC, Yield curve)
T-1:Ch11- 320-324
332-336
RW-7 Current yield YTMYTC
Realised Yield to
maturity
After this lecture
student will be able to
calculate various
measures of bond yield
problem solving
Lecture 9 Equity valuation models(Other
comparative valuation ratios)
T-1:Ch13-pg 393-
395
RW-7 Price to book value ratio
Price to sales Ratiosum
of the parts method
After this lecture
student will be able to
caluate value of shares
of a company
Example on calcuation
of value of shares of a
company using current
stock prices and
balance sheet of a
company
Week 4 Lecture 13 Bond Valuation(Risk in
bonds,rating of bonds.Yield
Curve,Determinants of interest
rates.)
T-1:Ch11 pg 325-
331 336- 341
RW-7 Risk in bondsRating of
bondsDeterminants of
interest rates Convetible
Bonds
After this lecture
student will be able
toidentify risk in bonds
and explain ehat
determines the term
structure of interest
rates
Power Point
Presentation
Lecture 14 Fundamental Analysis(Economic
Analysis including Macro
economic analysis)
T-1:Ch14 pg 405-
419
OR-1 Economic Analyis and
Macro economic analysis
key variables
After this lecture
student will be able to
appreciate major global
economic influences
explain how
macroeconomic
variables affect Indian
Stock Market
Discussion on outlook
of Indian Economy
Lecture 15 Fundamental Analysis(Industry
analysis: Types of Industry,
Industry life
cycle analysis,profit potential of
industries: porter
model)
T-1:Ch14 pg 419-
425
RW-9 Industry Analysis
Industry life
cyclestructure and
characteristics of an
industry profit potential
of industries
After this lecture
student will be able to
analyze prospects of an
industry
Example Application
of Industry
AnalysisPersonal
Computer Industry
Lecture 16 Fundamental Analysis(Company
analysis, Calculation of intrinsic
value of a company)
T-1:Ch15 pg 427-
447
OR-1 Strategy Analysis
Accounitng Analysis
Financial
AnalysisEvaluation of
Management Estimation
of Intrinsic Value tools
for judging
overundervaluation
After this lecture
student will be able
indentify qualitative
factors affecting
valuation of a company
and finally able to
understand various
tools for explaining
undervaluation or
overvaluation
problem solving
Week 5 Lecture 17 Technical Analysis(Technical
Analysis: Assumptions, history,
Technical Tools-Dow Theory,
Volume theory, short selling)
T-1:Ch 16 pg 464-
465
R-1:Ch21 pg 591-
597
RW-9 Technical
AnalysisConcept
Technical vs
Fundamental Analysis
Dow theory
After this lecture
student will be able to
understand using past
share prices future
prices are estimated
Video on Technical
Analysis
Lecture 18 Technical Analysis(Odd Lot
trading, Bars and line chart,point
and figure, Resistance and support
level)
T-1:Ch 16 pg 466-
469
R-1:Ch21pg 600
R-2:Ch 13 pg 265
RW-2
RW-3
RW-4
Test 1 in Lecture no 18
,Odd lot trading Odd Lot
trading Bars and line
chartpoint and figure
Resistance and support
level
After this lecture
student will be able to
identify various buying
and selling
opportunities
Live charts available at
bse nse and money
controlcom
Lecture 19 Homework,Quiz,Test 3
Lecture 20 Technical Analysis(Moving
average and oscillators)
T-1:Ch16 pg 469-
471
R-2:Ch 13 pg 266-
269
RW-2
RW-3
RW-4
Moving average abd
oscillators
After this lecture
student will be able to
identify various buying
and selling
opportunities
Excel
Week 6 Lecture 21 Technical Analysis(Chart
formation - types of charts)
T-1:Ch16 pg 466-
467-473-474-475
R-2:Ch13 pg 269-
277
RW-2
RW-3
RW-4
point and figure chart
head and shoulder
inverted head and
shoulder candelstickcoil
formation flags and
pennats double top
formatiopn double
bottom formation
After this lecture
student will be able to
identify various buying
and selling
opportunities
Live charts available at
bse nse and money
controlcom
Lecture 22 Technical Analysis(Chart
formation - types of charts)
T-1:Ch16 pg 466-
467-473-474-475
R-2:Ch13 pg 269-
277
RW-2
RW-3
RW-4
point and figure chart
head and shoulder
inverted head and
shoulder candelstickcoil
formation flags and
pennats double top
formatiopn double
bottom formation
After this lecture
student will be able to
identify various buying
and selling
opportunities
Live charts available at
bse nse and money
controlcom
Lecture 23 Efficient Market Hypothesis
(Random walk and efficient market
hypothesis)
T-1:Ch9 pg 276-281
R-1:Ch22 pg 615-
622
R-2:Ch 14 pg 283-
285
Random Walk and
efficient market
hypothesis
After this lecture
student will be able to
answer why essentially
stock prices should
essentially be
nonforecastable
Lecture 24 Efficient Market Hypothesis(Weak
,Semi-strong and Strong efficent
markets)
T-1:Ch 9 pg 278-281
R-2:Ch 14 pg 284-
286
Weak semistrong and
strong efficient markets
misconceptions about
efficient market
hypothesis
After this lecture
student will be able to
answer why essentially
stock prices should
essentially be
nonforecastable
Discussion on
Efficiency of Indian
Capital Markets
Week 7 Lecture 25 Efficient Market Hypothesis(Event
study, Implications for investment
analysis.)
T-1:Ch 9 pg 281-285 OR-17 Event studyresult of
event studyportfolio
study
After this lecture
student will be able to
implement event and
potfolio study
Problem Solving
Week 7 Lecture 26 Efficient Market Hypothesis(Event
study, Implications for investment
analysis.)
T-1:Ch 9 pg 281-285 OR-17 Event studyresult of
event studyportfolio
study
After this lecture
student will be able to
implement event and
potfolio study
Problem Solving
Lecture 27 Efficient Market Hypothesis(Serial
Correlation tests, Run test, Filter
rules tests)
R-1:Ch 22 pg 619-
631
R-2:Ch 14 pg 285-
292
Serial correlation filter
and run test Are markets
really efficient
After this lecture
student will be able to
use various tools for
measuring efficiency of
markets
Problem splving
Lecture 28 Efficient Market Hypothesis(Serial
Correlation tests, Run test, Filter
rules tests)
R-1:Ch 22 pg 619-
631
R-2:Ch 14 pg 285-
292
Serial correlation filter
and run test Are markets
really efficient
After this lecture
student will be able to
use various tools for
measuring efficiency of
markets
Problem splving
MID-TERM
Week 8 Lecture 29 Behavioural finance(Difference
between traditional and
behavioural finance,Heuristic
driven biases)
T-1:Ch 10 pg 294-
297
RW-8 Traditional Vs
Behavioural
FinanceHeuristic driven
biases
After this lecture
student will be able to
identify various
heuristic driven biases
and cognitive errors
that impair judgement
PowerPoint
prsesentation
Lecture 30 Behavioural finance(Frame
dependence, Prospect theory,.)
T-1:Ch 10 pg 297-
300
RW-8 Frame dependence
Prospect Theory Mental
Behavioural portfolios
After thsi lecture
student will be to
explain why prices may
deviate form
fundamental values
PPT
Lecture 31 Behavioural finance(Mental
accounting, Critique of behavioural
finance)
T-1:Ch 10 pg 299-
309
RW-8 Mental Accounitng
Ctritique of Behavioural
finance Strategies for
overcoming
psychological biases
After this student will
be able to suggest some
strategies for
overcoming
psychological biases
PPT
Lecture 32 Behavioural finance(Mental
accounting, Critique of behavioural
finance)
T-1:Ch 10 pg 299-
309
RW-8 Mental Accounitng
Ctritique of Behavioural
finance Strategies for
overcoming
psychological biases
After this student will
be able to suggest some
strategies for
overcoming
psychological biases
PPT
Week 9 Lecture 33 Introduction to Portfolio
Management and Capital Market
theory(Diversification and
portfolio risk, Portfolio risk and
return)
T-1:Ch 7 pg 216-222 Diversification and
portfolio risk Portfolio
risk and return
After this lecture
student will learn the
importance of creating
diversified portfolio
PPT
Lecture 34 Portfolio Construction Models
(Approaches in portfolio
construction, selection of portfolio,
Markowitz model)
R-2:Ch 16 Pg 320-
240
RW-9 Approaches in portfolio
construction selection of
portfolio Markowitz
model
After this lecture
student is able to
construct a optimal
portfolio
Problem Solving
Lecture 35 Portfolio Construction Models
(Approaches in portfolio
construction, selection of portfolio,
Markowitz model)
R-2:Ch 16 Pg 320-
240
RW-9 Approaches in portfolio
construction selection of
portfolio Markowitz
model
After this lecture
student is able to
construct a optimal
portfolio
Problem Solving
Week 9 Lecture 36 Portfolio Construction Models
(Approaches in portfolio
construction, selection of portfolio,
Markowitz model)
R-2:Ch 16 Pg 320-
240
RW-9 Approaches in portfolio
construction selection of
portfolio Markowitz
model
After this lecture
student is able to
construct a optimal
portfolio
Problem Solving
Week 10 Lecture 37 Portfolio Construction Models
(Sharpe index model)
R-2:Ch 18 pg 355-
363
RW-9 Sharpe index model After this lecture
student will be able to
understand how sharpe
index model helps in
obtaining inputs for
Markowitz model
Problem Solving
Lecture 38 Introduction to Portfolio
Management and Capital Market
theory(CAPM -efficient frontier,
optimal portfolio)
R-2:Ch 19 pg 379-
387
OR-4 CAPM efficient frontier
optimal portfolio
After this lecture
student will learn the
relationship between
capital market and
security market line
Problem Solving
Lecture 39 Introduction to Portfolio
Management and Capital Market
theory(CAPM -efficient frontier,
optimal portfolio)
R-2:Ch 19 pg 379-
387
OR-4 CAPM efficient frontier
optimal portfolio
After this lecture
student will learn the
relationship between
capital market and
security market line
Problem Solving
Introduction to Portfolio
Management and Capital Market
theory(Arbitrage theory)
R-2:Ch 19 pg 387-
394
RW-9 Arbitrage theory Student will be able to
understand the return
generating process and
equilibrium of
riskreturn relationship
accordig to Arbitrage
pricing Theory
Problem Solving
Lecture 40 Introduction to Portfolio
Management and Capital Market
theory(Arbitrage theory)
R-2:Ch 19 pg 387-
394
RW-9 Arbitrage theory Student will be able to
understand the return
generating process and
equilibrium of
riskreturn relationship
accordig to Arbitrage
pricing Theory
Problem Solving
Week 11 Lecture 41 Portfolio Performance Evaluation
(Forecasting Portfolio
Performance)
RW-14
RW-15
Introduction to
Forecasting Portfolio
Performance
After this lecture
student will get a brief
idea of various
techniues for
forecasting portfolio
performance
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Lecture 42 Portfolio Performance Evaluation
(Sharpe's performance index)
Introduction to
Performance Evaluation
and Mutual fund Sharpes
performance index
After this lecture
student will be able to
evaluate performamce
of a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Lecture 43 Portfolio Performance Evaluation
(Treynor's Performance Index,
Jensen Perfromance Index.)
Treynors Performance
Index Jensen
Perfromance Index
After this lecture
student will be able to
evaluate performamce
of a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Week 11 Lecture 44 Portfolio Performance Evaluation
(Treynor's Performance Index,
Jensen Perfromance Index.)
Treynors Performance
Index Jensen
Perfromance Index
After this lecture
student will be able to
evaluate performamce
of a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Week 12 Lecture 45 Portfolio Revision(Active and
passive management. Active
mangement- Formula Plan)
T-1:Ch pg 601-606
R-2:Ch21 pg 433-
435
Active and passive
management Active
mangement Formula
Plan
After this lecture
student will be analyze
active and passive
portfolio strategy and
their need
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Lecture 46 Portfolio Revision(Rupee cost
Averaging, Constant Rupee Plan)
R-2:Ch21 pg 435-
438
Rupee cost Averaging
Constant Rupee Plan
After lecture student
will be able to
understand various
techniques available for
revising a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Lecture 47 Portfolio Revision(Constant Ratio
Plan, Variable Ratio Plan, revision
and cost)
R-2:Ch21 pg 439-
442
Constant Ratio Plan
Variable Ratio Plan
revision and cost
After lecture student
will be able to
understand various
techniques available for
revising a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Portfolio Revision(Constant and
variable Ratio Plan)
Constant and variable
Ratio Plan
After lecture student
will be able to
understand various
techniques available for
revising a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Lecture 48 Portfolio Revision(Constant and
variable Ratio Plan)
Constant and variable
Ratio Plan
After lecture student
will be able to
understand various
techniques available for
revising a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Portfolio Revision(Constant Ratio
Plan, Variable Ratio Plan, revision
and cost)
R-2:Ch21 pg 439-
442
Constant Ratio Plan
Variable Ratio Plan
revision and cost
After lecture student
will be able to
understand various
techniques available for
revising a portfolio
Video lecture by Prof J
Mukund from IIT ,
kharagpur
Week 13 Lecture 49 Security Credit Rating and
Contemporary issues in Security
Analysis and Portfolio
Management(Meaning, functions,
factors affecting credit rating of a
company)
R-1:Ch8 Pg 158-165 Factors affecting Credit
rating of a company
To Add to knowldege
horizon of students
about credit rating and
its process
PPT
Lecture 50 Security Credit Rating and
Contemporary issues in Security
Analysis and Portfolio
Management(Types of rating,
Rating agencies in India)
R-1:Ch 8 Pg 160-180 Meaning and Types of
rating Rating Agencies
in India majoe symbols
used by rating agencies
and their relevance credit
rating process
To Add to knowldege
horizon of students
about credit rating and
its process
PPT
Week 13 Lecture 51 Security Credit Rating and
Contemporary issues in Security
Analysis and Portfolio
Management(GAAR, Euro-Zone
Crises)
Contemporary issues
GAAR Euro Zone Crises
To increase awareness
level and knowledge
horizon of students
Discussion
Lecture 52 Security Credit Rating and
Contemporary issues in Security
Analysis and Portfolio
Management(GAAR, Euro-Zone
Crises)
Contemporary issues
GAAR Euro Zone Crises
To increase awareness
level and knowledge
horizon of students
Discussion
SPILL OVER
Week 14 Lecture 53 Basic Terminology of
Derivative and
Commodity
Market
After this lecture
student will gey brief
idea about how
derivatives helps in risk
management
Lecture 54 Role of SEBI in
protecting investors
interest
After this lecture
student will be able to
critical analysing role
of SEBI
Scheme for CA:
Component Frequency Out Of Each Marks Total Marks
Homework,Quiz,Test 2 3 10 20
Total :- 10 20
Details of Academic Task(s)
AT No. Objective Topic of the Academic Task Nature of Academic Task
(group/individuals/field
work
Evaluation Mode Allottment /
submission Week
Test 1 To check student
understanding about
valuation of shares
and bonds
Faculty will prepare a test from topics valuation of shares and
bonds
Individual Faculty will prepare
a test of 45 minutes
containing
questions in
multiples of five
and 30 marks
total.Faculty should
be able to justify the
marks alloted to
each questions.
4 / 4
Homework 1 To make students
aware about
portfolio
construction,portfoli
o revision and
assessment
Dummy Portfolio Management- Students have to manage a
dummy portfolio created either on money control.com/rediff as
per
guidelines.This assignment will be taken back at the end of 10th
week. Top Five students will will present their strategies in
class..Students are required to revise their portfolio weekly and
submit it to respective faculty or otherwise i lieu of this
assignment student can appear for investment analysis and
portfolio management module of NCFM and marks will be
alloted on the basis of actual marks student gets in NCFM module
test. Guidelines for same will be provided to faculty as approved
by HOD QD05 Domain.
Group Portfolio
construction -2
marks, revision- 3
and strategies used-
5 marks
3 / 10
Quiz 1 To check students
understanding about
subject
Syllabus covered in class till date Individual Faculty will prepare
a quiz containing
atleast 25 questions
of 1 or 2 marks
each. Maximum
marks will be 10
and maximum time
should be 30
minutes.
12 / 12
Plan for Tutorial: (Please do not use these time slots for syllabus coverage)
Tutorial No. Lecture Topic Type of pedagogical tool(s) planned
(case analysis,problem solving test,role play,business game etc)
Tutorial 1 Discussion on Indian Capital Markets Discussion
Tutorial 2 Equity valuation Problem solving
Tutorial 3 Bond valuation Problem solving
Tutorial 4 Fundamental Analysis any company listed on BSE Case analysis
Tutorial 5 Demo of live charts using nse and bse sites Problem solving
Tutorial 6 Discussion on efficiency of indian
capital markets
Discussion
Tutorial 7 Role of Behavioural Finance in Decision Making Discussion
After Mid-Term
Tutorial 8 Markovitz Model Problem solving
Tutorial 9 Is CAPM still relevant? Discussion
Tutorial 10 Prsentation Asignement 2 Presentation
Tutorial 11 Portfolio evaluation Problem solving
Tutorial 12 Portfolio revision Problem solving
Tutorial 13 Revision and doubt clearing session Problem solving