PGDM Core Subject
Security Analysis & Portfolio
Course Objective
Primary PO Mapping: PO2 (Critical Thinking & Data-Driven Decision Making).
Strategic Focus: Applying quantitative tools and AI-driven insights to evaluate asset classes.
Mandatory Textbook: Investment Analysis and Portfolio Management by Prasanna Chandra.
Internal Assessment Scheme (70 Marks)
|
Component |
Marks |
Description |
Mapped CO |
|
Simulation |
20 |
The Portfolio Manager: Real-time trading and rebalancing lab. |
CO2, CO3 |
|
Case Study |
10 |
"The Market Crash": Analysis of historical bubbles and recovery. |
CO4 |
|
Presentation |
10 |
"The Investment Thesis": Defending a 'Buy' recommendation. |
CO5 |
|
Mid Term |
10 |
Internal written exam covering EIC framework. |
CO1 |
|
Project |
10 |
"Risk-Return Audit": Calculating Beta and Alpha for a portfolio. |
CO3 |
|
Class Participation |
10 |
Participation in Bloomberg/NISM lab sessions. |
All |
20-Session Plan
|
Session |
Topic |
Pre-Reading (Prasanna Chandra) |
Daily Assignment |
|
1 |
Investment Environment & Asset Classes |
Ch 1: Intro to Investments |
|
|
2 |
Risk and Return: Theory & Calculation |
Ch 2: Risk and Return |
A1: Variance/Std Dev |
|
3 |
EIC Framework: Macro Analysis |
Ch 3: Economy Analysis |
|
|
4 |
Industry and Company Analysis |
Ch 4-5: Industry/Company |
A2: Porter’s 5 Forces |
|
5 |
Fundamental Analysis: Equity Valuation |
Ch 6: Equity Valuation |
|
|
6 |
Technical Analysis: Charting Trends |
Ch 7: Technical Analysis |
A3: RSI/MACD Charts |
|
7 |
Efficient Market Hypothesis (EMH) |
Ch 8: EMH Theory |
|
|
8 |
Markowitz Portfolio Theory |
Ch 9: Portfolio Selection |
A4: Efficient Frontier |
|
9 |
Capital Asset Pricing Model (CAPM) |
Ch 10: CAPM and APT |
|
|
10 |
Mid-Term Internal Exam |
Review Sessions 1–9 |
Mid-Term (10M) |
|
11 |
Index Models and Beta Forecasting |
Ch 11: Index Models |
|
|
12 |
Portfolio Performance Evaluation |
Ch 12: Performance Measures |
A5: Sharpe/Treynor |
|
13 |
Active vs. Passive Management |
Technical Note: ETF Trends |
|
|
14 |
Fixed Income Analysis: Duration/Convexity |
Ch 13: Bond Valuation |
A6: Bond Immunization |
|
15 |
Simulation Lab: The Portfolio Manager |
Manual: Trading Terminal |
Simulation (20M) |
|
16 |
Derivatives in Portfolio Management |
Ch 14: Futures/Options |
|
|
17 |
Alternative Investments: Real Estate/Gold |
Technical Note: REITs/InvITs |
|
|
18 |
Behavioral Finance & Cognitive Biases |
Ch 15: Investor Psychology |
|
|
19 |
Presentation: The Investment Thesis |
Manual: Persuasive Storytelling |
Presentation (10M) |
|
20 |
Course Wrap-up & ESG Integration |
Technical Note: Sustainable Investing |