PGP Handbook - Institute of Public Enterprise

equity shares. (Including Problems), Analysis
for Equity Valuation: Economy and Industry
Analysis. Company level Analysis Technical
Analysis – Efficient Market Hypothesis.
Unit II : Portfolio Theories: Meaning and Objectives
of Portfolio, Computation and Behaviour of
Return – Risk, Principles of Markowitz Diversification
– Portfolio Analysis and Selection,
Capital Asset Pricing Model.
Portfolio Revision: Constant Dollar Value
Plan. Constant Ratio Plan. Variable Ratio
Plan. Modification of Formulae Plan, Dollar
Cost Averaging.
Unit III : Institutional and Managed Portfolio: Mutual
Funds – Open-end and Close ended.
Measures of Performance of Mutual Funds
– Sharpe’s Measure. Treynor’s Measure, and
Jensen’s Mmeasure. (Including Problems).
Text Book(s)
1. Prasanna Chandra, “Investment Analysis and
Portfolio Management”, Tata McGraw Hill, Latest
Edition, 2010.
Suggested Readings
1. Fisher and Jordon (2006), “Security Analysis and
Portfolio Management”, Prentice Hall of India
2. Troy Adair (2006), `Excel Applications for Investments,
Tata Mc Graw Hill Publishing Co.Ltd.,
3. Herbert B. Mayo, (2006), Investments: An Introduction,
Thomson
4. Francis JC (2004) , “Investments: Analysis and
Management”, McGraw Hill
5. Elton and Gruber, (2004), “Modern Portfolio Theory
and Investment Analysis”, John Wiley and Sons
6. Francis J C, (2004). ‘Investments: Analysis and
Management, MC Graw Hill
FINANCIAL & CREDIT ANALYSIS
Code: F2 Credits: 3
Unit I : Overview of Credit Analysis – Objectives,
Tools and Techniques, Lending Process,
Financial Statement Analysis –I, Ratio Analysis,
Cash Flow and Funds Flow Analysis,
Financial Statement Analysis –II, Equal Size
Statement Analysis, Trend Analysis, Sensitivity
Analysis, Decision Tree, Simulation, EVA
& MVA Analysis etc., Non-financial Analysis
– Economy Analysis, Industry Analysis,
Company Analysis, Promoters, Technology
etc.
Unit II : Loan Appraisals: Purpose, End-use, Security,
Documentation, Repayment Schedule, Monitoring,
Loan Recovery Process, Appraisals of
Working Capital, Term Loans, Project Finance,
Housing Loans, Consumer Loans, Car Loans,
Loans to SME Sector, Agricultural Loans,
Asset Based financing etc. Loan Syndication
and Participatory Credit, Risk Based Pricing of
Loans, Management of Loan Portfolio, Internal
Rating Mechanism, Credit Risk Analysis, Credit
derivatives, Loan Securitization, Asset Classification,
Income Recognition and Provisioning
norms, Problem Loans, Concept of Sustainable
Debt, Loan Restructuring, Loan Write-offs.
Debt-Equity Swap, Debt-Asset Swap, NPA
Management.
Unit III : Investment Analysis and Valuation: Security
Analysis, Equity / Enterprise / Business Valuation.
Managing Bank’s Investment Portfolio,
Cost Analysis and other forms of Financial
Analysis, Case Studies.
Text Book(s)
1. G Vijayaragavan, “Bank Credit Management
Text & Cases”, Himalaya Publishing House, First
Edition, 2009.
Institute of Public Enterprise – PGP Student Handbook • 55