Market Instruments and Processes - Existing, New and Emerging (MCT-081) Private Equity and Venture Capital (MCT- 082) Securities and Business Law (MCT-083) UNIT 1 INTRODUCTION TO PORTFOLIO MANAGEMENT EXCHANGE TRADED FUNDS INTRODUCTION TO VENTURE CAPITAL OVERVIEW OF SECURITIES LAW 1 Meaning and Necessity of Investment Meaning History Evolution of Securities Laws in India 2 Investment Motives Indexing Perspective Characteristics and Objectives of Venture Capital Investors CCI Saga Vs SEBI 3 Risks in Investment Importance Main Market Players Pricing Control Vs Free Pricing 4 Portfolio Management Process UNIT 2 INVESTMENT POLICY TREASURY BILLS REVIEW OF VALUATION FUNDAMENTALS FUND RAISING METHODS 1 Types of Investors: their Needs and Weaknesses Meaning DCF Valuation Capital Market Instruments 2 Implementing Investment Strategies Perspective Equity Based Valuation Case Study 3 Psychology of Risk and Behavioral Finance Importance Asset and Option Based Valuations Issue of NCD Directions Vs Acceptance of Deposits 4 Drivers of Investment Policies Valuation from the Perspective of Venture Capitalist 5 Institutional Investors: Objective setting and investment policies 6 Investment Management Mandate UNIT 3 ASSET ALLOCATION: POLICIES AND PROCEDURES CONTRACTS ORGANIZATION OF VENTURE CAPITAL FUNDS OTHERS 1 Asset Allocation Process Meaning Types of Investors Debt: Issue of Debt Securities Regulations 2 Types of Asset Allocation Perspective Fund Managers Required Skills Banks, NBFCs,HFCs, ARCs, Others 3 Approaches to Asset Allocation Decision Importance How a VC Fund Approaches Potential Investee Companies Insider Trading and Liabilities for Violations 4 Asset Allocation Techniques Investment Process of a Venture Capital Fund Offerings to Markets Abroad UNIT 4 CAPITAL MARKET THEORY EMERGING MARKET INSTRUMENTS BASIC INVESTMENT STRUCTURE BUSINESS LAW 1 Evolution of Capital Asset Pricing Model Meaning Fund Indian Contract Act, 1872 2 Dominant Portfolio Perspective Shareholding structures Partnership Act, 1932 3 CAPM Importance Equity instruments Sale of Goods Act, 1930 4 Non-Standard Forms of CAPM Debt instruments: bonds, convertibles The Negotiable Instruments Act, 1881 5 Application of CAPM Consumer Protection Act, 1986 6 Companies Act 0f 1956 UNIT 5 ARBITRAGE PRICING THEORY DEPOSITORIES EMERGING MARKET ISSUES Corporate Governance in Financial Institutions - I 1 Arbitrage Pricing Model Genesis and Legal Framework Differences in Information, Management and Legal Environment Overview of corporate governance 2 Arbitrage Mechanism Depositiry Role in Capital Market How a VC Fund can Deal with these Issues Unique characteristics of financial institutions and implications for their corporate governance 3 Empirical Test of APT Custodians Poor corporate governance as a contributing cause of the global financial crisis 4 Comparison of CAPM and APT Compliance Corporate governance trends and developments 5 Applications of APT Corporate governance approaches Mandatory legislation vs. best practice codes UNIT 6 NEW AND EMERGING PROCESSES - II POST INVESTMENT MONITORING Corporate Governance in Financial Institutions - II 1 Smart Order Routing Goal Setting Evaluating corporate governance How corporate governance is assessed 2 Mobile Trading Reporting Importing corporate governance practices from other countries 3 Algo Trading Action Plans Roles and responsibilities of the board of directors 4 New Processes Value Enhancement Board induction and on-going knowledge development Semester Breakup Semester 4 MODULE NAME PROJECT EVALUATION