B.Com. (Financial Management) Investment Advisor I Syllabus - Mumbai University
This is the SY BCom FM syllabus under NEP 2020, in force from the academic year 2025-26. The University still sets the earlier Choice Based papers alongside it for ATKT candidates, so check which scheme your exam form names before you revise.
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Syllabus for Investment Advisor - I
Module I: Indian Financial Market and Personal Financial Planning
- A. INTRODUCTION TO THE INDIAN FINANCIAL MARKETS
- The Indian Economy
- The Indian Financial Market
- Regulators of Financial Markets
- Structure of Financial Markets in India
- Nature and Definition of Primary Markets
- Role and Function of the Secondary Market
- Cash Flow Management and Budgeting
- Corporate Actions
- Debt Management and Loans
- The purpose or need of debt B. INTRODUCTION TO PERSONAL FINANCIAL PLANNING
- Understand the concept of Financial Planning
- Understand the need for financial planning
- Scope of financial planning
- Concept of asset, liabilities and net worth
- Financial Planning process
- Financial advisory and execution
- Time Value of Money
- Calculate the following C. EVALUATING THE FINANCIAL POSITION OF CLIENTS
- Importance of cash flow management in personal finance.
- Preparing Household Budget
- Cash inflows and outflows
- Budgeting and forecasting
- Monitoring budgets and provision for savings
- Creating a budget and savings plan
- Contingency Planning
- Evaluation of financial position of clients
Module II: Investment Products
- A. INTRODUCTION TO INVESTMENTS
- Types of investment, Equity, Fixed Income, Commodities, Real Estate, Structured products, Distressed Securities.
- Other investment opportunities.
- Channels for making investments B. INVESTING IN STOCKS
- Equity as an investment
- Diversification of risk through equity instruments - Cross sectional versus time series
- Risks of equity investments
- Overview of Equity Market
- Equity research and stock selection C. INVESTING IN FIXED INCOME SECURITIES
- Debt market and its need in financing structure of Corporates and Government
- Bond market ecosystem
- Risks associated with fixed income securities
- Pricing of Bond
- Traditional Yield Measures, Concept of Yield Curve, Concept of Duration
- Introduction to Money Market
- Introduction to Government Debt Market
- Introduction to Corporate Debt Market
- Small Saving Instruments D. UNDERSTANDING DERIVATIVES
- Basics of Derivatives, Underlying concepts in derivatives
- Types of derivative products, Structure of derivative market
- Purpose of Derivatives, Benefits, Costs and risks of Derivative
Reference Books
- Investment Advisor Level 1- NISM
- Financial Planning: A Ready Reckoner – Madhu Sinha
- Fundamentals of Financial Planning – Susan M. Tillery, Thomas N. Tillery
- Financial Markets and Institutions – Frederic S. Mishkin, Stanley G. Eakins
- Personal Finance – Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes
- Indian Financial System – Bharati V. Pathak
- Investment Analysis and Portfolio Management– Prasanna Chandra
- Options, Futures, and Other Derivatives – John C. Hull
Reproduced from the University of Mumbai syllabus for B.Com. (Financial Management) under NEP 2020, in force from the academic year 2025-26. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.