To educate the participants about analyzing equity markets for effective portfolio management.

This certification is intended to evaluate your competency in Fundamental Analysis and Valuation, therefore we do not want to restrict your preparation to a pre-defined course material. Hence no course material will be provided for the certification.

The topics covered in the certification are:

Introduction

Concept of Investment, Objectives and constraints, Classifications of the financial markets, Investment classifications, Investment avenues

Risk and return

The concept of risk and return, Reduction of risk through diversification, quantifying risk and return, measurement of the risk in the portfolio context, Security Market Line (SML), Characteristic Market Line (CML) and their applications

Regulations of the financial markets

SEBI, Structure, Role of the regulator, clearing and settlement procedure

Equity markets and their structures

Market and their features, Development of the securities market in India, Primary market, Secondary market, Trading and Settlement , Pricing patterns, Security Market Indices, Types and their construction

Fundamental Analysis

Objectives and beliefs of fundamental analysis, Framework, Concept of Intrinsic value, Economic forecasting methods, Industry analysis, Key Characteristics in an industry analysis, Industry life cycle, Business cycle analysis, Structural analysis, Company analysis

Technical Analysis

Concept of technical analysis, The Dow theory, Types of charts, Pricing Patterns, Trend lines, Relative strength analysis, Breadth, depth and volumes in the market, Confidence index, Support and resistance levels, Academic perspective of technical analysis

Efficient Market Hypothesis

Concept of efficiency of the stock markets, Forms of EMH, Empirical tests of EMH in the Indian markets

Mutual Funds

Concept and Objectives of Mutual Funds, Types of Mutual Funds, Advantages of Mutual Funds, Mutual Fund services, Structure of mutual funds in India

Risk Measurement tools

YTM, Modified Duration, Term Structure of Interest Rates, Term to Maturity, Sensitivity, Riskiness of bonds, Forecasting the interest rate

Derivatives markets

Introduction, Forwards, Futures, Options, Trading Mechanism, Basis and spread, Hedging, Clearing and Settlement of Futures in India, Option terminology, Payoff from options Option markets in India.

Brokers, Sub-brokers, Financial Intermediaries and Investment Consultants/ Executives in Asset Management Companies, Portfolio Managers, High Net worth Investors, Bankers, Professionals from Finance or Engineering or CA or CS or MBA.

120 minutes

3 years

Rs.1000.00 + Applicable Taxes

Candidates interested in taking the test at any of the centres i.e Mumbai, Ahmedabad, Bangalore, Chennai, Cochin, Delhi and Kolkata can make online payment of Rs. 1,150/- through BSE payment gateway by using Credit Card / Debit Card. Candidate can also approach the respective centres with a DD of Rs.1,150/- drawn in favour of “BSE Institute Ltd.” payable at the respective Centre.

Fees once paid will not be refunded, validity period for the Fees would be 180 days from the date of the payment.

CERTIFICATION EXAMINATION INQUIRY

Phone: 022 – 2272 8856 / 6535 5888
E-mail: Certhelp@bseindia.com

Certification Examination (Outside Mumbai) for 25 or more candidates:

For conducting Certification Examination for 25 or more candidates, contact:
Govind Singh Sailoni 022 – 2272 8062
E-mail: govindsingh.sailoni@bseindia.com