Security Analysis and Portfolio Management

Overview

This course teaches how investors select stocks and construct portfolios that balance risk and return. It moves from security analysis and stock valuation to portfolio mathematics, portfolio optimisation and asset pricing. It concludes with asset allocation, rebalancing and performance evaluation, so you can build, monitor and assess an equity portfolio end to end.

Key highlights

• Stock selection: analyse companies qualitatively and quantitatively, and apply economy, industry and company (E-I-C) indicators, investing styles and screening criteria.
• Equity valuation: value stocks using discounted cash flow (DCF) and dividend discount models, and relative valuation based on the price-to-earnings (P/E) ratio, including justified P/E.
• Portfolio mathematics: measure return and risk, generate inputs and see how correlation drives diversification.
• Portfolio optimisation: build the efficient frontier, identify optimal portfolios and extend the analysis with the capital allocation line (CAL), capital market line (CML), single index model and capital asset pricing model (CAPM).
• Asset allocation and performance: apply allocation and rebalancing strategies, and evaluate portfolios with risk-adjusted, benchmark-relative and drawdown metrics.

Objectives

• Gain an extensive understanding of the concepts of security analysis and portfolio management.
• Display a fine-grained understanding of fundamental analysis (E-I-C analysis) and an overall appreciation of security analysis.
• Appreciate the nuances and granularities of portfolio analysis.
• Construct a multi-security equity portfolio and evaluate practical aspects of equity portfolio construction.

USPs

• Covers the full investment process in one course: security analysis, stock selection, portfolio construction, allocation and performance review.
• Short, focused videos in every module, backed by a summary video, practice quiz and graded assessment.
• Goes beyond classical theory to cover behavioural biases, investing styles and worst-case (drawdown) performance measures.

Who can attend

• Finance professionals, analysts and investors seeking a structured, practical approach to equity portfolio management.
• Students and learners preparing for roles in investments, wealth management or equity research.
• You should be comfortable with core finance concepts (time value of money and cost of capital), financial statement analysis and Microsoft Excel. The Finance for Decision Making course at S.P. Jain Institute of Management & Research (SPJIMR) is ideal preparation.

Application process

• Register on the course platform.
• Receive confirmation and login details by email.
• Start learning on the learning management system (LMS) and complete the weekly activities.

Certificate

You will receive a digital certificate of completion when you meet the course completion requirements, such as completing the quizzes and assignments and any required participation.

Fees

Enrol in the first module for free. To move to Module 2, you need to pay.