Program Schedule

Sr No.Mathematics for Securities Market (8 Hours)Hours
1Measures of Central Tendency (with their interpretations) Mean, Median, Mode, types of averages–simple, weighted, geometric, harmonic and moving averages2
2Measures of Dispersion Standard Deviation, Variance, Coefficient of variation, Covariance, Skewness and Kurtosis and their interpretations3
3Time Value of Money Concepts on compounding and discounting, CAGR, Yield, Annuity, Valuation of Bond (Basics)3
Sr No.Economics for Securities Market (6 Hours)Hours
1Introduction to Macro Economics Why macroeconomics?, Key terms in Macroeconomics: GDP, GNP, BoP, Fiscal Deficit, Current Account Deficit, Sources of information, Relationship of BOT and BOP, FDI and FII investment in India.2
2Measuring National Income Accounting of National Income, Concept of GDP and its influence on the economy, Savings and Investment in India (The changing composition)2
3Monetary Policy and Fiscal Policy The concept of Inflation, Interest rate, and Exchange rate, understanding the monetary and fiscal policy and their impact on financial markets.2
Sr No.Fundamental and Technical Analysis (14 hours)Hours
1Introduction to fundamental Analysis
Basic approach and relevance, Steps in Fundamental analysis (EIC framework and CIE Framework), Steps in Fundamental analysis.
Industry Analysis
Understanding IIP numbers and Industry Life Cycle and Porter’s competitive advantage model
2
2Company Analysis Basic Ratios – Liquidity Ratios, Activity Ratios, Performance Ratios and Solvency Ratios, Basic Concepts of Du Pont Analysis and its decomposition4
3Methods of Valuation
Discounted Cash Flow Approach, Dividend Discount Model
Relative Valuation
Price To Earnings ratios, Price to Book Value ratios, EV/EBIDTA, Price to Sales ratio.
4
4Technical Analysis
Difference between FA and TA, Strength and Weakness, Understanding Line Chart, Bar Chart and Candlestick Charts, Support and Resistance, Traders Remorse, Dow Theory. Concept of Moving Averages.
Using Technical Indicators
Head and shoulder, Cup and Handle, Double Top and Double Bottom, Flags and Penants, Relative Strength Index, Oscillators and Breadth Indicators
4
NISM Certifications
NISM-Series V A: Mutual Fund Distributors Certification ExaminationNISM-Series VII: Securities Operations and Risk Management Certification ExaminationNISM-Series VIII: Equity Derivatives Certification Examination
16 hours18 hours20 hours
Internal Examinations & Training
Internal Examinations (6 hours)NISM Certification Exams (6 hours)