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transcript
CA FINAL SFM Regular Batch – Timeline
S. No. Study Session Lecture Details Total
Time Revision
Time Lecture
Time
A INTRODUCTION Lecture 01 - Introduction 185:37 00:00 185:37 Total 185:37 00:00 185:37
B TIME VALUE OF MONEY
Lecture 02 - TVM 169:15 00:00 169:15 - Time Value of Money - Introduction to SV
Total 169:15 00:00 169:15
C SECURITY VALUATION/ DIVIDEND POLICY
Lecture 03 (SV 1) 199:17 19:10 180:07 - Introduction - Some Basic Ratios - Cash Dividend, Stock Dividend & - Ex & Cum Dividend Price - Walter’s Models
Lecture 04 (SV 2) 198:45 30:50 167:95 - Gordon’s Models - Investment Decision - ROE & BVPS
Lecture 05 (SV 3) 182:29 19:45 162:84 - Calculation of Growth Rate - Calculation of Ke in case of Floating Cost - Calculation of HPR & IRR Technique
Lecture 06 (SV 4) 172:47 09:15 163:32 - Multi-Stage Model - Home Made Dividend - Negative Growth - Coverage Ratio’s
Lecture 07 (SV 5) 204:03 16:07 187:33 - Cash flow Based Model’s – FCFF & FCFE - Valuation Model’s Based on Multiples EV/EBITA - H - Model
Total 956.41 94.27 862.14
D CORPORATE VALUATION
Lecture 08 (CV 1) 172:30 25:05 146:08 - Dividend Yield Valuation Method - Earning Yield Valuation Method - P/E Valuation Method - Valuation Based on FMP’s - Net Asset Valuation Method - Economic Value Added [EVA]
Lecture 09 (CV 2) 172:08 23:20 149:06 - Discounted/Free Cash Flow Approach
Lecture 10 (CV 3) 153:54 16:18 137:36 - Discounted/Free Cash flow Approach
- FCFF & FCFF Lecture 11 (CV 4) 159:00 00:00 159:00
- Effect on MPS due to investment in New Project - Market Value Added [MVA] - EVA Valuation
Total 656.92 64.43 592.49
E MERGER & ACQUISITION
Lecture 12 (M&A 1) 147:50 04:45 143:05 - Introduction to M&A - Swap Ratio - Some Basic Concepts
Lecture 13 (M&A 2) 146:13 17:56 128:57 - Gain & Loss due to Merger - Maximum ER & Minimum ER
Lecture 14 (M&A 3) 136:48 13:07 123:41 - Cash Takeover - Purchase Price Premium
Lecture 15 (M&A4) 158:52 09:48 149:04 - Purchase Consideration - Minimum & Maximum MPS
Lecture 16 (M&A 5) 153:03 06:45 153:03 - Calculation of Synergy Gain - True Cost & Benefit of Merger
Lecture 17 (M&A 6) 185:31 09:20 185:31 - Internal Reconstruction/Financial Restructuring - Demerger
Total 926:97 60:21 866:76
F MUTUAL FUNDS
Lecture 18 (MF 1) 133:05 00:00 133:05 - Introduction of Mutual Fund - Calculation of Net Assets Value Per Unit
Lecture 19 (MF 2) 156:13 12:35 156:13 - Calculation of Return under MF
Lecture 20 (MF 3) 174:36 04:00 174:36 - Different plans under Mutual Fund - Entry Load & Exit Load - Dividend Equalization
Total 463:54 16:35 447:19
G DERIVATIVES-FUTURES
Lecture 21 (MF 4 + Future 1) 199.41 10:45 188:96 - Expense Ratio - Open Ended & Close Ended Funds - Introduction to Derivatives-Futures
Lecture 22 (Future 2) 172.52 38:40 134:12 - Introduction: Derivatives-Futures - How Future Contract can be cancelled on or before expiry ?
Lecture 23 (Future 3) 152:40 14:30 138:01 - Concept of Initial Margin, Maintenance Margin, Variation Margin &
Marked to Market (MTM) - Valuation of Future Contracts - Concept of Normal & Continuous Compounding
Lecture 24 (Future 4) 164:45 15:25 149:02 - Valuation Rules - Calculation of Fair Future Price
- Arbitrage between Cash & Future Market Lecture 25 (Future 5) 172:13 16:30 149:02
- Arbitrage between Cash & Future Market - Beta & Beta Portfolio - Basic Management
Lecture 26 (Future 6) 158:06 17:55 140:51 - Partial Hedge/ Over Hedging - Hedging using Risk Free Investment and Borrowings
Lecture 27 (Future 7) 149:06 00:00 149:06 - Calculation of Return under Cash Market
Total 1168:03 112:25 1055:78
H DERIVATIVES-OPTIONS
Lecture 28 (Option 1) 182:10 46:37 135.73 - Introduction to call & Put Option
Lecture 29 (Option 2) 155:33 24:10 131.23 - Action to be taken under Options Market
Lecture 30 (Option 3) 176:25 07:51 168.74 - Concept of Moneyness - European & American Options - Practical Approach – Valuation - Option Valuation Models - Expected Value of an option an expiry - Binominal Model – Risk Neutral Approach
Lecture 31 (Option 4) 161:44 25:15 136.29 - Two Period Binominal Model - Put – call Parity Theory [PCPT]
Lecture 32 (Option 5) 167:31 16:35 150.96 - PCPT Arbitrage - Options Strategies - Binominal Model – Delta Hedging
Lecture 33 (Option 6) 180:30 25:38 154.92 - Black Scholes Model [BSM]
Total 1022:73 144:86 877:87
I FOREX
Lecture 34 (Option 7 + Forex 1) 181:56 14:35 167:21 - Put – Call Ratio - 5 Greek Parameters - Introduction - Forex
Lecture 35 (Forex 2) 175:04 27:15 147:89 - Basic Concepts – Forex - Cross Rates
Lecture 36 (Forex 3) 167:49 16:24 151:25 - Calculation of Premium/Discount - Calculation of Swap Points - Squaring/Covering the Position Under Forex
Lecture 37 (Forex 4) 160:30 12:25 148:05 - Concept of Exchange Margin - Triangular Arbitrage - PPPT - IRPT
Lecture 38 (Forex 5) 180:57 16:10 164:47 - Interest Rate Parity Theory (IRPT) - Covered Interest Arbitrage (CIA)
- Forward Hedging Lecture 39 (Forex 6) 168:20 18:54 149:66
- Money Market Hedge - Exposure Netting - Adjust Exchange Margin
Lecture 40 (Forex 7) 168:54 15:27 153:27 - Foreign Capital Budgeting - Centralized & Decentralized Cash Management - Leading & Lagging
Lecture 41 (Forex 8) 180:45 18:20 162:25 - Gain & Loss under forex - Evaluation of Quotations from Two Banks - Borrowing & Investment Strategy
Lecture 42 (Forex 9) 157:58 11:39 146:19 - Expected Spot Rate - Currency Futures
Lecture 43 (Forex 10) 153:28 07:30 145:98 - Currency Options
Lecture 44 (Forex 11) 154:08 13:55 140:53 - Cancellation under the forward Contract
Lecture 45 (Forex 12) 164:15 11:30 152:85 - Cancellation after Expiry/Automatic Cancellation - Early Delivery
Lecture 46 (Forex 13) 104:14 22:04 82:01 - Nostro, Vostro & Loro A/c
Lecture 47 (Forex 14) 181:51 09:10 172:41 - Return Under Forex - Broken Date Contracts - Treatment of withholding Tax - Implied differential in Interest Rates
Total 2296:89 212:78 2084:11Lecture 48 (Forex 15 + IRRM 01) 182:26 00:00 182:26
- Introduction to Interest Rate Risk Management - Forward Rate Agreement (FRA) - Type -1 Calculation of Pay-off
J INTEREST RATE RISK MANAGEMENT
Lecture 49 (IRRM 02) 176:45 20:35 156:01 - Type 2 – Hedging Through FRA - Type 3 – FRA Arbitrage - Currency Swap
Lecture 50 (IRRM 03) 174:31 24:40 149:91 - Interest Rate Swap
Lecture 51 (IRRM 04) 189:37 06:25 183:12 - Cap, Floor & Collar
Total 722:39 51:00 671:39 Lecture 52 (IRRM 05 + Bond 01) 124:28 11:10 113:18
- Equity Swap - Introduction to Bond Valuation
K BOND VALUATION Lecture 53 (Bond 02) 196:30 00:00 196:30
- Money Market Instrument - Holding Period Return (HPR) - Calculation of Yield
Lecture 54 (Bond 03) 131:54 25:28 106.26 - YTM of a Semi-Annual Bond - YTM of a Zero-Coupon Bond - YTM of a Perpetual Bond
Lecture 55 (Bond 04) 119:01 00:00 119:01 - YTM after Tax - Yield to Call & Yield to Put - Strips Program - Relationship between CR & YTM - Relationship between BV & YTM - Convexity of a Bond
Lecture 56 (Bond 05) 181:39 15:02 166:37 - Relationship between Bond Value & Maturing - Ex – interest Cum-Interest Price of a Bond - Valuation between the wo Coupon Dates - Duration of a Bond - Relationship between Duration YTM of a Bond
Lecture 57 (Bond 06) 191:35 00:00 191:35 - Sensitivity/Volatility/MD/ED - Ratios related to Conertiable Bond
Lecture 58 (Bond 07) 188:59 22:25 166:34 - Bond Refunding Decision - Portfolio Duration
Lecture 59 (Bond 08) 166:56 00:00 166:56 - Interest Rate Anticipation Strategy
( Active Portfolio Management ) - Application of Spot Rate & Forward Rate in Bond Valuation - Floating Rate Bond
Lecture 60 (Bond 09) 182:09 32:45 149:64 - Passive Portfolio Management
(Bond Immunization) - Hedging Interest Rate Risk using Bond Future
Total 1481:11 106:10 1375:01
L PORTFOLIO MANAGEMENT
Lecture 61 (Portfolio 01) 186:56 00:00 186:56 - Introduction - Calculation of Returns - Modern Portfolio Theory - Return of an Individual Security - Risk of Individual Security
Lecture 62 (Portfolio 02) 202:31 00:00 202:31 - Return of the Portfolio of Assets - Risk of Portfolio of Assets - SD of the Portfolio under 3 & 4 Assets - SD of the Portfolio Consists of Risk Free and risky Security
Lecture 63 (Portfolio 03) 183:25 32:07 151:18 - Optimum Weight - CAPM - Investment Decision based on CAPM - Calculation of BETA
Lecture 64 (Portfolio 04) 156:06 00:00 156:06 - Calculation of Beta
- Performance Evaluation Lecture 65 (Portfolio 05) 178:18 16:45 161:73
- Characteristic Line Equation - Sharpe Index Model
Lecture 66 (Portfolio 06) 222:10 13:35 208:75 - Sharpe Index Model - (For Portfolio of Securities) - Co- officient of Determination - Portfolio Rebalancing
Lecture 67 (Portfolio 07) 181:52 22:00 159:52 - APT Model - Short Selling / SLB - Application under CAPM Model
Lecture 68 (Portfolio 08) 169:08 00:00 169:08 - Sharpe Optimal Portfolio - Efficient Frontier - CML - SML
Total 1479:06 83:87 1395:19
M INTERNATIONAL FINANCIAL MARKET
Lecture 69 (IFM 01) 175:18 00:00 175:18 - Introduction to IFM - Calculation of NPV - Inflation under Capital Budgeting
Lecture 70 (IFM 02) 192:06 00:00 192:06 - ADR/GDR
Lecture 71 (IFM 03) 201:06 00:00 201:06 - Overall Beta, Assets Beta, Firm Beta or Project Beta
Total 568:30 00:00 568:30
N MISCELLANEOUS TOPIC
Lecture 72 (Misc. Topic) 196:05 00:00 196:05 - Buy Back of Shares - Right Issue of Shares - Venture Capital Investing - Moving Averages - Efficient Market Hypothesis (EMH
O RISK MANAGEMENT
Lecture 73 (Theory + Practical) 165:00 00:00 165:00
S.No. Study Session No. of Hours
A. INTRODUCTION 3 hrs.: 05 min.
B. TIME VALUE OF MONEY 2 hrs.: 49 min.
C. SECURITY VALUATION 14 hrs.: 22 min.
D. CORPORATE VALUATION 9 hrs.: 52 min.
E. MERGER & ACQUISITION 14 hrs.: 26 min.
F. MUTUAL FUNDS 7 hrs.: 27 min.
G. DERIVATIVES – FUTURES 17 hrs.: 35 min.
H. DERIVATIVES – OPTIONS 14 hrs.: 37 min.
I. FOREX 34 hrs.: 44 min.
J. INTEREST RATE RISK MANAGEMENT 11 hrs.: 11 min.
K. BOND VALUATION 22 hrs.: 55 min.
L. PORTFOLIO MANAGEMENT 23 hrs.: 15 min.
M. INTERNATIONAL FINANCIAL MANAGEMENT 9 hrs.: 28 min.
N. MISCELLANEOUS TOPICS 3 hrs.: 16 min.
O. RISK MANAGEMENT 2 hrs.: 45 min.
TOTAL 191 hrs.: 47 min.
RIVISION HOURS 15 hrs.: 42 min.
GRAND TOTAL 207 hrs.: 29 min.