Security Analysis

Paper Code: 
SBFS 402
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To acquaint the students with the techniques of security analysis and its valuation

12.00
Unit I: 
Security Analysis

Security Analysis – Concept, Usefulness, Computation Of Stock Indices, Segments. Major stock indices of India & world

12.00
Unit II: 
Types of Securities

Types of Securities-
Types-Debt and Equity, Shares and their characteristics – Various forms of equity capital, Hybrid Securities ( Income cum Growth),Bonds

12.00
Unit III: 
Valuation of Securities

Valuation of Securities -
Valuation of equity, Valuation of Debts and Bonds

12.00
Unit IV: 
Fundamental Analysis

Fundamental Analysis:- Meaning, Need of Fundamental Analysis, Top Down Valuation (EIC Analysis)

12.00
Unit V: 
Technical Analysis

Technical Analysis – Basic Assumption, Strengths & Weaknesses of Technical Analysis, Candle Charts( one candle, two candles and Three candle charts), Pattern- Support and Resistance lines and its importance; Head and Shoulders, ;Double top and double bottom; Major indicators & oscillators. Dow Theory and Elliot Wave Theory

Essential Readings: 

• Donald E. Fisher & Ronald J. Jordan, Security Analysis and Portfolio Management, Prentice Hall of India, 2003.
• V.K.Bhalla, Investment Management, 7th Edition, S. Chand & Co., New Delhi, 2000.
• Gordon J. Alexander, William F. Sharpe & Jeffery V. Bailey, Fundamentals of Investments, Prentice Hall, India, 2003 edition.
• Preetam Singh, Investment Management, 9th edition, Himalaya Publishing House, New Delhi 2000.

References: 

Levi D, Maurice, International Finance, Routledge.
• Krugman, Paul R., Obstfeld, Maurice and Melitz, Marc, International Economics, Pearson Education.
• Madura, Jeff, International Corporate Finance, South-Western/Cengage learning.
• Eun, Cheol S. and Resnick, Bruce G., International Financial Management, Tata McGraw- Hill.
• Punithavathy Pandian, Security analysis & Portfolio Management, , Vikash Publication House.

Academic Year: