BSE's Certification on Security Analysis and

Portfolio Management (BCSAPM)

Program

BSE's Certification on Security Analysis and Portfolio Management (BCSAPM)

BSE Institute Ltd. conducts a test of 100 marks consisting of 60 questions. The questions are objective type having multiple choices, with a provision of negative marks for wrong answers.

BCSAPM is awarded to only those candidates who obtain a minimum of 60% marks. There is no minimum eligibility criterion for taking the test.


Click here to view the list of test centres

To educate the participants about analyzing equity markets for effective portfolio management.

This certification is intended to evaluate your competency in Fundamental Analysis and Valuation, therefore we do not want to restrict your preparation to a pre-defined course material. Hence no course material will be provided for the certification.

The topics covered in the certification are:


Introduction
  • Concept of Investment, Objectives and constraints, Classifications of the financial markets, Investment classifications, Investment avenues

  • Risk and return
  • The concept of risk and return, Reduction of risk through diversification, quantifying risk and return, measurement of the risk in the portfolio context, Security Market Line (SML), Characteristic Market Line (CML) and their applications

  • Regulations of the financial markets
  • SEBI, Structure, Role of the regulator, clearing and settlement procedure

  • Equity markets and their structures
  • Market and their features, Development of the securities market in India, Primary market, Secondary market, Trading and Settlement , Pricing patterns, Security Market Indices, Types and their construction

  • Fundamental Analysis
  • Objectives and beliefs of fundamental analysis, Framework, Concept of Intrinsic value, Economic forecasting methods, Industry analysis, Key Characteristics in an industry analysis, Industry life cycle, Business cycle analysis, Structural analysis, Company analysis

  • Technical Analysis
  • Concept of technical analysis, The Dow theory, Types of charts, Pricing Patterns, Trend lines, Relative strength analysis, Breadth, depth and volumes in the market, Confidence index, Support and resistance levels, Academic perspective of technical analysis

  • Efficient Market Hypothesis
  • Concept of efficiency of the stock markets, Forms of EMH, Empirical tests of EMH in the Indian markets

  • Mutual Funds
  • Concept and Objectives of Mutual Funds, Types of Mutual Funds, Advantages of Mutual Funds, Mutual Fund services, Structure of mutual funds in India

  • Risk Measurement tools
  • YTM, Modified Duration, Term Structure of Interest Rates, Term to Maturity, Sensitivity, Riskiness of bonds, Forecasting the interest rate

  • Derivatives markets
  • Introduction, Forwards, Futures, Options, Trading Mechanism, Basis and spread, Hedging, Clearing and Settlement of Futures in India, Option terminology, Payoff from options Option markets in India.
  • Brokers, Sub-brokers, Financial Intermediaries and Investment Consultants/ Executives in Asset Management Companies, Portfolio Managers, High Net worth Investors, Bankers, Professionals from Finance or Engineering or CA or CS or MBA.

    120 minutes

    3 years

    Rs.1000.00 + Applicable Service Tax

    Candidates interested in taking the test at any of the centres i.e Mumbai, Ahmedabad, Bangalore, Chennai, Cochin, Delhi and Kolkata can make online payment of Rs. 1,150/- through BSE payment gateway by using Credit Card / Debit Card. Candidate can also approach the respective centres with a DD of Rs.1,150/- drawn in favour of “BSE Institute Ltd.” payable at the respective Centre.

    Fees once paid will not be refunded, validity period for the Fees would be 180 days from the date of the payment.


    CERTIFICATION EXAMINATION INQUIRY

    Phone: 022 – 2272 8856 / 6535 5888
    E-mail: Certhelp@bseindia.com


    Certification Examination (Outside Mumbai) for 25 or more candidates:

    For conducting Certification Examination for 25 or more candidates, contact:
    Govind Singh Sailoni 022 – 2272 8062
    E-mail: govindsingh.sailoni@bseindia.com