To acquaint students with concept and functions of security market.
Introduction of Securities- Security Analysis – concept, usefulness, computation of stock indicies, segments.
Major stock indicies of india & world
Types of Securities-
Types-Debt and Equity, Shares and their characteristics – Various forms of equity capital, Hybrid Securities ( Income cum Growth)
Valuation of Securities -
Equity valuation – CAPM, Arbitrage Pricing Theory & Markowitz theory ( CML & SML)
Fundamental Analysis:- Economic, industry and company analysis
Technical Analysis – ‘DOW theory’, Charts, Patterns – Technical indicators.
• 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.
• 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.
• Security analysis & Portfolio Management, Pandian, Vikash Publication house
Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/security-analysis-2
[2] https://finance.iisuniv.ac.in/academic-year/2014-2015