Equity Research

₹150.00

TYBFM — SEMESTER – V

Author: Kunal Rambhia

FIFTH REVISED EDITION 2024

Categories: BFM, Elective, Semester - V, T. Y. BFM

Description

Description

SYLLABUS

No.	Modules / Units
1	Introduction to Research and Research Methodology:
	Introduction and meaning of research, Objectives of research, Features and Importance of research in Financial Markets, Objectives and Types of research. Formulation of research problem. Meaning of Introduction, Need, and Good research design. Introduction to Data Collection and types of Data
2	Equity Research – An Overview:
	(A) Introduction: Meaning, Goals of equity research, Elements of equity research, Process of equity research, Types of equity research, Classification of stocks, Market participants, Role of equity research in capital market and Different approaches to equity research. (B) Introduction to Research Analyst Profession: Role of research analyst, Responsibilities of research analyst, Basic principles of interaction with Clients/ Companies, Qualities of Research Analyst.
3	Fundamentals of Research:
	(A) Fundamentals of Research: Key points considered before investing, Research on business and stocks, Overview of Fundamental analysis, Technical analysis and Behavioural finance. (B) Economy Analysis: Principles of macro and micro economics, key economic variables for carrying fundamental analysis, sources of information/data for carrying economic analysis (C) Industry Analysis: Theories for analysis for industry performance – Michael Porter’s Five Force Model for Industry Analysis, PESTLE Analysis, BCG Analysis, SCP Analysis. Key industry drivers and sources of information for industry analysis
4	Company Analysis:
	(A) Qualitative Dimensions: Understanding business and business models, Company’s SWOT Analysis, Management Quality and its governance system, Pricing power and sustainability of power, Success factors of the company, Compliance orientation of company and sources of information. (B) Quantitative Dimensions: History of Business V/s Future of Business, Reading of financial statements, Peer comparison, dividend and earning history of the company and Role of corporate actions of the company.