UNIQUE SERIES AKTU Syllabus
BMBAIFM01

Investment Analysis and Portfolio Management

L-T-P3-0-0 Session2026-27 (W.E.F 2024-25) TypeTheory
Appears in 1 semester

MBA Integrated · Sem 5 (Specialisation: Finance)

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Syllabus

5 units · 40 lecture hours
Unit1

Unit 1: Conceptual Framework of Investments

8 hrs

Meaning and nature of investment; investment objectives and process; investment vs speculation; risk and return concepts; investment avenues including equity, debt, mutual funds, commodities, and derivatives; role of investors and market participants in financial decision-making.

Unit2

Unit 2: Financial Markets and Instruments

10 hrs

Structure of financial markets; money market and capital market instruments; equity, debt, forex, commodity, and derivative markets; IPOs and exchange mechanisms; OTC vs exchange-traded markets; regulatory framework; role of RBI and SEBI in market regulation.

Unit3

Unit 3: Fundamental and Technical Analysis

10 hrs

Macroeconomic analysis (GDP, inflation, interest rates); industry and company analysis; financial statement interpretation; valuation basics; technical analysis concepts; charting techniques; Dow Theory; Elliott Wave Theory; chart patterns.

Unit4

Unit 4: Portfolio Theory and Construction

6 hrs

Portfolio concept and diversification; Modern Portfolio Theory (Markowitz model); Efficient Frontier; CAPM framework; risk-return optimization; asset allocation strategies; active vs passive investment strategies; behavioural aspects of investing.

Unit5

Unit 5: Portfolio Performance Evaluation

6 hrs

Performance evaluation techniques; Sharpe Ratio, Treynor Ratio, Jensen’s Alpha; risk-adjusted return measures; portfolio revision and rebalancing; measurement of systematic and unsystematic risk; interpretation of portfolio outcomes; investor behaviour and decision biases.

Course Objectives5 points
  • To understand the concepts of investment, risk, return, and investment decision-making.
  • To analyse financial markets and various investment instruments.
  • To apply fundamental and technical analysis techniques for security valuation.
  • To construct diversified portfolios using modern portfolio theory.
  • To evaluate portfolio performance using risk-return measures and financial models. Course Contents
Course Outcomes (COs)5 outcomes

After completion of the course student will be able to:

  1. CO1Define the concepts of investment, risk, return and the investment decision process.K1 (Remember)
  2. CO2Explain the structure of financial markets and the features of major investment instruments.K2 (Understand)
  3. CO3Apply fundamental and technical analysis techniques to evaluate securities.K3 (Apply)
  4. CO4Apply Markowitz and CAPM frameworks to compute portfolio risk, return and weights.K3 (Apply)
  5. CO5Apply risk-adjusted performance measures such as Sharpe, Treynor and Jensen to portfolios.K3 (Apply)

Suggested Readings (Latest Edition)

  1. Elton, E. J., Gruber, M. J., Brown, S. J., & Goetzmann, W. N. Modern Portfolio Theory and Investment Analysis. Wiley.
  2. Reilly, F. K., & Brown, K. C. Analysis of Investments and Management of Portfolios. Cengage Learning.
  3. Chandra, P. Investment Analysis and Portfolio Management. McGraw Hill Education.
  4. Kevin, S. Security Analysis and Portfolio Management. PHI Learning.
  5. Bodie, Z., Kane, A., & Marcus, A. J. Investments. McGraw Hill Education.
  6. Fischer, D. E., & Jordan, R. J. Security Analysis and Portfolio Management. Pearson Education.
  7. Haugen, R. A. Modern Investment Theory. Pearson.
  8. Fabozzi, F. J. Investment Management. Wiley.

Official AKTU syllabus

This subject is on page 43, 44 of the original AKTU PDF.

Official AKTU syllabus PDF ↗