Pandit Deendayal Petroleum University

School of Petroleum Management

Course Title and Code
Credit Hours
Course Duration
Faculty
E-mail Id
Phone

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Investment Analysis and Portfolio

Management
June 2015 onwards
Dr. Narayan Baser
baser_narayan@yahoo.com
9427340390

COURSE DESCRIPTION:
This course describe the comprehensive introduction to the areas of
security analysis and portfolio management that will be help students to
improve their decision making skills in managing financial assets through
better understanding of modern theories on portfolio management and
functioning of capital market
COURSE OBJECTIVE
1. To equip the students with the theoretical and practical knowledge
of capital market.
2. To develop the skills for the portfolio constructions, revision,
evaluation and investment advisory
SUGGESTED REFERENCE BOOKS:
1. Investments By Zvi Bodie, Alex Kane, Alan Marcus and
Pitabas Mohanty, Tata McGraw-Hill, 8th Edition (TEXT BOOK)
2. Investment Analysis and Portfolio Management By Prasanna
Chandra, Tata McGraw-Hill,
3. Investment Analysis and Portfolio Management By Reilly and
Brown, Cengage Learning
4. Investments By William Sharpe, Gordon Alexander and Jeffery Bailey,
PHI Publication
5. Security Analysis and Portfolio Management By Donald E. Fischer
and Ronald J. Jordan, PHI Publication

COURSE REQUIREMENTS AND GRADING POLICIES:

Components
Weight
Mid-term Examination
30%
End-term Examination
30%
Quiz / Assignments
30%
/Project
Class Participation
10%
1/6

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SESSION PLAN:
Sessi
on
No.
1
2
3

Topic
Introduction to Investment
Environment
Financial Instruments for
Investment
Introduction to Capital
Market and Functioning of
Stock Market
Risk and return

Fundamental Analysis:
Economic and Industry
Analysis
6
Equity Valuation Models
7
Financial Statement
Analysis
8-9-10 Technical Analysis I
Technical Analysis II
Practice in Computer LAB

12
13
14
15
16
17

18
19
20

Lectures

Lectures and
Demonstration of
Terminal Numerical
Exercise
Lectures and Numerical
Exercise
Lectures and Case Study
with Project Assignments
Numerical Exercises
Exercise with EXCEL

Teaching Tool

11

Lectures

Chapt
er
No.
1

Live Market Charts

And Discussions
Live Practice in LAB

Risk Aversion and Capital

Allocation to risky assets
Optimal Risky Portfolio
Markowitz Model
Sharpe Optimum Portfolio
Selection: Index Model
Capital Asset Pricing Model
(CAPM)
Arbitrage theory and
Multifactor model
Efficient Market Hypothesis
Portfolio Evaluation
Sharpe, Jensen, Treynor &
Fama Net Selectivity
Fixed Income Securities:
Bond Prices and Yields
The Term Structure of
Interest rate
Managing Bond Portfolio:

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Lectures and Numerical

Exercise with EXCEL
Lectures and Numerical
Exercise with EXCEL
Lectures and Numerical
Exercise with EXCEL
Lectures and Numerical
Exercise with EXCEL
Lectures and Research
Paper Discussions
Lectures and Research
Paper Discussions
Lectures and Case Study
with Project Assignments
Lectures and Numerical
Exercise with EXCEL
Lectures and Numerical
Exercise with EXCEL
Lectures and Numerical

5
17

18
19
Readin
g
Materi
al
6
7
8
9
10
11
24

14
15
16

Duration and Convexity

Exercise with EXCEL

4/6

Teaching Methodology:
The latest educational methods and strategies are employed. The course
is designed to maximize student participation. From the outset, the goals
of each student are discussed to ensure needs are fulfilled as far as
possible. Questions and Answers are encouraged throughout, during the
case studies and at the daily wrap-up sessions. This gives students the
opportunity to discuss with other students and present their specific
problems and appropriate solutions. All students take away a manual of all
the material presented. Only minimum note taking is encouraged to
ensure maximum student attention during the sessions or seminars.
Students are expected to put forth the necessary effort to enable
achievement of the objectives stated above. This includes regular class
attendance, participation in class discussions, and the completion of other
assignments and project work deemed necessary by the instructor.
Attendance is strongly encouraged.
Dropping the Class:
Anyone who drops the class should, as a matter of courtesy, inform the
instructor. Such notification will permit the instructor to keep his records
current.
Names of News papers, magazines, Journals, websites etc
Economic Times, Business Standard, Business Line, Chartered Financial
Analysis, Business Today, CFA Reader , various website of Technical
Analysis e.g. http://netdania.com/
http://www.bloomberg.com, http://www.esignal.com,
http://finance.yahoo.com
GUIDELINES FOR CLASS AND RULES FOR ALL EXAMINATION
COMPONENTS
Please note that not being aware of the following guidelines and rules can
be risky.
1. The project and its deadline will be announced in the class. It is your
responsibility to follow the announcements from time to time regarding
the project, quizzes and exams.
2. You are expected to be present in all the classes punctually. More than
one absence could invite one grade point reduction.
3. Anticipate technology problems and to avoid it keep margin of time
while submitting the project and exams.
4. Each evaluation component must be completed in time. Extension can
be granted only (a) in extreme emergency situation, (b) for not more
than two days from the original date of submission, (c) if sought in
advance, and (d) with reduction in score by 10% of maximum for every
day of extension.
5. In descriptive questions logical development of work (linking with case
situation, for example) is more important.
6. In case of math work, final answer is not enough. You must show all
your work. If work is done on Excel spreadsheet, you must send the

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excel file via e-mail. If work is not shown it will be considered as nonsubmission of project.
7. Though students are expected to make study-group for learning
purpose, the same should not result into sharing of project work. All
must submit only original work. Plagiarism and other kind of academic
misconduct will be punished as per the Schools policy.

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