PGCM Module 1-
FM03 SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
An Overview: Nature and scope of Investment Decisions; Components of Investment Risk; Evaluation of Securities
Security Market: Functioning and Organization; Regulation
Analysis for Equity Investment: Economy and Industry Analysis; Company Level Analysis; Technical Analysis; Efficient Market Hypothesis
Portfolio Theory: Portfolio Analysis; Portfolio Selection; Capital Market Theory; Portfolio Revision
Institutional and Managed Portfolios: Performance Evaluation of Managed Portfolios; Investment Companies; Mutual Funds
FM04 INTERNATIONAL FINANCE
Essential Background: International Finance – Issues and Dimensions; International Monetary System; The Internationalization Process; International Financial Flows and Balance of Payments Framework
Foreign Exchange: Foreign Exchange Market; Foreign Exchange Derivatives Markets; Determination of Exchange Rates; Empirical Evidence on Exchange Rate Determination
Foreign Exchange Risk Management: Financial Accounting and Foreign Exchange; Managing Accounting Exposure; Measuring Economic Exposure; Managing Economic Exposure
International Capital Budgeting: International Portfolio Investment; Capital Budgeting for the Multinational Corporation; Cost of Capital for Foreign Investments; Managing Political Risk
Multinational Working Capital Management: Short-Term Financing; Financing Foreign Trade; Current Asset Management for the Multinational; Multinational Financial System
FM06 MANAGEMENT OF FINANCIAL SERVICES
Financial System in an Economy: Financial System; Evolution of Indian Financial System; Types of Markets; Types of Banks
Regulation of Financial System: Regulatory Bodies of Financial System; Instruments of Financial System
International Exchange: Foreign Exchange Market; Foreign Investment and its Regulations; Accessing International Capital Markets
Key Financial Intermediation Businesses: Commercial Banking; Leasing, Hire Purchase and Venture Capital; Securitization
Key Disintermediation Based Businesses: Merchant Banking; Mutual Funds; Stockbroking
FM09 PROJECT APPRAISAL & FINANCE
Planning: Overview; Capital Allocation Framework; Generation and Screening of Project Ideas;
Analysis: Market and Demand Analysis; Technical Analysis; Financial Estimates and Projections
Selection: Basic Techniques: The Time Value of Money; Investment Criteria; Project Cash Flows; The Cost of Capital; Risk Analysis of Single Investments
Selection: Advanced Techniques: Risk Analysis: Firm Risk and Market Risk; Special Decision Situations; Social Cost Benefit Analysis; Multiple Projects and Constraints; Valuation of Real Options; Judgmental, Behavioural, Strategic and Organizational Considerations
Financing: Financing of Projects; Financing Infrastructure Projects ; Venture Capital; Project Review and Administrative Aspects.