23PCOME14-1	Elective Elective Course - I 23PCOME14-1- SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT	L	P	C
Semester-1	23PCOME14-1- SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT	Elective Elective Course - I 23PCOME14-1- SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT	5	3

Learning Objectives:
LO1:	To become familiar with various Investment avenues and Portfolio Construction
LO2:	To understand the Equity Shares, Preference Shares and Bonds valuation models
LO3:	To learn about long-term and short-term investment analysis tools.
LO4:	To analyse with Portfolio theories.
LO5:	To gain knowledge in Portfolio performance methods.

Course Outcomes:
After the successful completion of the course, the students will be able to:
CO1:	Examine investment options and structure a portfolio
CO2:	Assess the value of Equity Shares, Preference Shares and Bonds
CO3:	Forecast stock performance through fundamental and technical analysis
CO4:	Examine the various Portfolio Theories.
CO5:	Evaluate the portfolio performance.

Unit I:Investment and Portfolio Management Investment - Meaning - Nature and scope of Investment - Investment vs Speculation - Type of Investors - Investment Avenues - Factors influencing the investment choice - Portfolio Management: Meaning and significance, Active vs. Passive portfolio management - Strategic vs. Tactical asset allocation - Factors Affecting Investment Decisions in Portfolio Management. Unit II:Valuation of Securities Bond: Introduction - Reasons for issuing Bonds - Features of Bond - Types of Bonds - Determinants of bond safety - Bond Prices, Yields and Interest Rates - Measuring Price Volatility of Bonds - Macaulay Duration and Modified Duration - Preference Shares: Introduction - Features of Preference Shares - Preference Shares Yield - Holding Period Return - Yield to Call - Concept of Present Value - Equity Share Valuation Models. Unit III:Fundamental Analysis and Technical Analysis Fundamental Analysis: Objectives - Economic Analysis, Industry Analysis, Company Analysis - Technical Analysis: Meaning - Assumptions - Pros and cons of technical analysis - Differences between fundamental analysis and technical analysis - Dow Theory - Types of Charts - Chart Patterns - Trend Analysis - Support Line and Resistance Line - Volume Analysis - Indicators and Oscillators - Simple Moving Average - Exponential Moving Average - Relative Strength Index - Bollinger Band - Elliott Wave Theory.

###### Unit IV:Efficient Market Hypothesis

Efficient Market Hypothesis - Markowitz Model, Arbitrage Pricing Theory - Sharpe's Single index portfolio selection method - Capital Asset Pricing Model (CAPM).

###### Unit V:Portfolio Performance Evaluation

Portfolio Performance Evaluation - Meaning - Need for Evaluation - Methods of calculating Portfolio return - Sharpe's Ratio - Treynor's Ratio - Jensen's Differential Returns - Portfolio Revision - Need for Portfolio Revision - Formula Plans.

Recent Trends in Security Analysis and Portfolio Management Trends in Security Analysis and Portfolio Management Trends in Security Analysis and Portfolio Management	Recent Trends in Security Analysis and Portfolio Management Trends in Security Analysis and Portfolio Management	Recent Trends in Security Analysis and Portfolio Management
Faculty member will impart the knowledge on recent trends in Security Analysis and Portfolio Management to the students and these components will not cover in the examination.