About Investment Analysis and Portfolio Management

Investment Analysis and Portfolio Management is a growing field in the area of finance. This module aims at creating a better understanding of the various concepts/principles related to investment analysis and portfolio management.
Why should one enroll in this course?

  • To have a practical orientation towards the principles of investment, pricing and valuation"
  • To learn the various methodologies of financial analysis "

Who will benefit from this course?

  • Students who are interested in this subject
  • Investors & Traders Lobby
  • Financial Planners & Advisor
  • House-wife’s
  • Analysts
  • Equity Research professionals
  • Bankers & its Employee’s
  • Teachers & Professionals
  • Employees of Stock Broking Company

 

Course Details

Duration: 30 hours (15 days)
Fees: Rs. 15000/-
Refund of fees: Rs.5000/- if examination cleared in first attempt.
Second attempt for examination additional: Rs. 2100/-

CONTENTS OF THIS COURSE

DAY 1 – OBJECTIVES OF INVESTMENT DECISIONS

  • Introduction 
  • Types of investors 
    • Individuals 
    • Institutions 
      1. Mutual funds 
      2. Pension funds 
      3. Endowment funds 
      4. Insurance companies (Life and Non-life) 
      5. Banks 
  • Constraints 
    • Liquidity 
    • Investment horizons 
    • Taxation 
  • Goals of Investors

 

DAY 2 – FINANCIAL MARKETS

  • Introduction 
  • Primary and Secondary Markets 
  • Trading in Secondary Markets 
    1. Types of Orders 
    2. Matching of Orders 
  • The Money Market 
    • T-Bills 
    • Commercial Paper 
    • Certificates of Deposit 
  • Ropes and Reverses 
  • The Bond Market 
    1. Treasury Notes (T-Notes) and T-Bonds 
    2. State and Municipal Government bonds 
    3. Corporate Bonds 
    4. International Bonds 
    5. Other types of bonds 
  • Common Stocks 
    • Types of shares

DAY 3 – FIXED INCOME SECURITIES 

  • Introduction: The Time Value of Money 
  • Simple and Compound Interest Rates 
    1. Simple Interest Rate 
    2. Compound Interest Rate 
  • Real and Nominal Interest Rates 
  • Bond Pricing Fundamentals 
    • Clean and dirty prices and accrued interest 
  • Bond Yields 
    • Coupon yield 
    • Current Yield 
    • Yield to maturity 
    • Yield to call 
  • Interest Rates 
    • Short Rate 
    • Spot Rate 
    • Forward Rate 
    • The term structure of interest rates 
  • Macaulay Duration and Modified Duration

 

DAY 4 – CAPITAL MARKET EFFICIENCY

  • Introduction 
  • Market Efficiency 
    1. Weak-form Market Efficiency 
    2. Semi-strong Market Efficiency 
    3. Strong Market Efficiency 
  • Departures from the EMH

DAY 5 – FINANCIAL ANALYSIS AND VALUATION

  • Introduction 
  • The Analysis of Financial Statement 
    1. Income Statement (Profit & Loss) 
    2. The Balance Sheet 
    3. Cash Flow Statement 
  • Financial Ratios (Return, Operation and, Profitability Ratios)  
    • Measures of Profitability: RoA, RoE
    • Measures of Liquidity 
    • Capital Structure and Solvency Ratios 
    • Operating Performance 
    • Asset Utilization 
  • The valuation of common stocks 
    • Absolute (Intrinsic) Valuation 
    • Relative Valuation 
  • Technical Analysis 
    • Challenges to Technical Analysis

DAY 6 – MODERN PORTFOLIO THEORY

  • Introduction 
  • Diversification and Portfolio Risks 
    1. Portfolio variance - General case 
  • Equilibrium Module: The Capital Asset Pricing Module 
    1. Mean-Variance Investors and Market Behaviour
    2. Estimation of Beta 
  • Multi factor Modules

DAY 7 – VALUATION OF DERIVATIVES 

  • Introduction 
  • Forwards and Futures 
  • Call and Put Options 
  • Forward and Future Pricing 
    1. Cost-of carry and convenience yield 
    2. Backwardation and Contango
  • Option Pricing 
    1. Payoffs from option contracts 
    2. Put-call parity relationship 
  • Black-Scholes formula

DAY 8 – INVESTMENT MANAGEMENT

  • Introduction 
  • Investment Companies 
    1. Benefits of investments in managed funds 
  • Active versus Passive Portfolio Management 
  • Costs of Management: Entry/Exit Loads and Fees 
  • Net Asset Value 
  • Classification of funds 
    1. Open ended and closed-ended funds 
    2. Equity funds 
    3. Bond funds 
    4. Index funds 
    5. Money market funds 
    6. Fund of funds 
  • Other Investment Companies 
    1. Unit Investment Trusts (UTI) 
    2. REITS (Real Estate Investment Trusts) 
    3. Hedge Funds 
  • Performance assessment of managed funds 
    1. Sharpe Ratio 
    2. Treynor Ratio 
    3. Jensen measure or (Portfolio Alpha)

DAY 9 – RECAP & REVISION

DAY 10 – RECAP & REVISION

DAY 11 – RECAP & REVISION

DAY 12 – RECAP & REVISION

DAY 13 –RECAP & REVISION

DAY 14 – RECAP & REVISION

DAY 15 – RECAP & REVISION

FAQ's

1. You are eligible for a refund until the course / specialization launches on the platform however kindly note 25% reduction will be done on the amount paid if applied for cancellation.

2. You are not eligible for a refund after earning a Course Certificate, even if you complete a course in a short period.

3. Rs.5000/- will be refunded as a token of reward if examination is cleared in first attempt.

Yes—to enroll in an individual course, search for the course title in the catalog.

Yes, kindly contact Nathani Finance

15 Days Classroom Training

1 Day for Examination

New Batch admission will start every month.

No specific background is required for this course, anybody can join having interest in this Industry.

Although you can take the courses in any order, however we do recommend that you follow the suggested sequence of courses

Yes, Successful candidates will be rewarded the Certificate by the below mentioned organisations post clearing the exams.

Nathani Institute Pvt. Ltd.

National Stock Exchange Ltd.