UNIVERSITY OF MADRAS
B.COM. DEGREE PROGRAMME IN ACCOUNTING & FINANCE
SYLLABUS WITH EFFECT FROM 2023-2024
FIRST YEAR – SEMESTER – II
Elective II – Fundamentals of Investment
Subject Inst. Marks
L T P S Credits
Code Hours CIA External Total
144E2A 4 3 4 25 75 100
Learning Objectives
LO 1 To introduce the student acquire knowledge about investment environment process
LO 2 To make impact experience on fixed income securities
LO 3 To understand the approaches of equity analysis
LO 4 To get acquainted with Portfolio Analysis and Financial Derivatives
LO 5 To acquire the knowledge of Investor Protection
UNIT Contents No. of
Hours
The Investment Environment
The investment decision process, Types of Investments –
Commodities, Real Estate and Financial Assets, the Indian securities
I market, the market participants and trading of securities, security 12
market
indices, sources of financial information, Concept of return and risk,
Impact of Taxes and Inflation on return.
Fixed Income Securities
II Bond features, types of bonds, estimating bond yields, Bond Valuation 12
types of bond risks, default risk and credit rating.
Approaches to Equity Analysis
Introductions to Fundamental Analysis, Technical Analysis and
III 12
Efficient Market Hypothesis, dividend capitalisation models, and price-
earnings multiple approach to equity valuation.
Portfolio Analysis and Financial Derivatives
Portfolio and Diversification, Portfolio Risk and Return; Mutual Funds;
IV 12
Introduction to Financial Derivatives; Financial Derivatives Markets in
India
Investor Protection
Role of SEBI and stock exchanges in investor protection; Investor
V 12
grievances and their redressal system, insider trading, investors’
awareness and activism
Total 60
CO Course Outcomes
Enumerate the concept of investment decision process and types of Investments
CO1
CO2 Optimise income securities by applying the types of bonds
UNIVERSITY OF MADRAS
B.COM. DEGREE PROGRAMME IN ACCOUNTING & FINANCE
SYLLABUS WITH EFFECT FROM 2023-2024
CO3 Explain the approaches towards the equity analysis to enrich the skills
CO4 Analyse the Portfolio Analysis and Derivatives Markets
CO5 Construct the roles of SEBI and Investor Protection
Textbooks
1. V K Bhalla, Fundamental of Investment Management, S Chand Publication, New
2. Delhi
Dr.VanitaTripati, Fundamental of Investment, Taxmanns, New Delhi
3 Dr.Preeti Singh Fundamental of Investment, Himalaya Publishing House, Mumbai
4 Prasnna Chandra , investment analysis and portfolio management, McGraw hill
education, new delhi
5 C P Jones, investment analysis and management, Wiley publication, new york
Reference Books
1. Yasminsofatvinayak&Sanjeev Kumar, fundamentals of investment, kalyani
publication, new delhi
2. S K Sharma &gurmeetKaur, fundamentals of investment, sultan chand, new delhi
3 Mayo , all introduction to investment, cengage learning, England
4 R p rustogi , fundamentals of investment, sultan chand and sons , new delhi
Web Resources
1. https://www.coursera.org
2. https://www.classcentral.com
3 https://www.ibm-institute.com
MAPPING WITH PROGRAMME OUTCOMES AND PROGRAMME SPECIFIC
OUTCOMES
PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8 PSO1 PSO2 PSO3
CO1 3 2 3 2 2 2 3 2 3 2 2
CO2 3 2 3 2 3 2 3 2 3 2 2
CO3 3 2 3 2 3 2 3 2 3 2 2
CO4 3 2 3 2 2 2 3 2 3 2 2
CO5 3 2 3 2 2 2 3 2 3 2 2
TOTAL 15 10 15 10 12 10 15 10 15 10 10
AVERAGE 3 2 3 2 2.4 2 3 2 3 2 2
3-Strong, 2-Medium , 1- Low
