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B.Com. (Honours with Research) with Specialization in Business Management Equity Research Syllabus - Mumbai University

This is the SY BCom BM syllabus under NEP 2020, in force from the academic year 2025-26. The University clubbed this degree with B.Com., B.Com. (Accountancy) and B.Com. (Business Economics) on 25 May 2026 and now awards it as B.Com. (Commerce and Management), with Business Management as the Major: the papers below are the ones its own Board of Studies sets, so your exam form may name the degree differently from your admission letter. The four Major papers of Semesters III and IV are the four credit versions the University issued on 5 August 2026, which carry twice the modules of the two credit papers set for these semesters before them.

Equity Research Syllabus.pdf
Skill enhancement course · Semester 4 · SY BCom BM · 2 credits · 50 marks

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Syllabus for Equity Research

Skill enhancement course · Semester 4 · SY BCom BM · 2 credits · 50 marks

Module I: Introduction to Equity Research

  • Meaning, Objective, Process, Types, Contents of Equity Research Report
  • Overview of Equity Research, Regulatory environment, Recent Trends and Future of Equity Research
  • Role of Equity Research Professionals, Career opportunities in Equity Research, Skill set required

Module II: Key Aspects of Equity Research

  • Financial Statement Analysis-Vertical Balance Sheet and Revenue statements, Common size statements, Comparative statements, Trend analysis
  • Company Analysis- Ratio analysis, Management quality and corporate governance
  • Industry Analysis- Industry life cycle, Porter’s Five Forces analysis, KPI’s for industries

Reference Books

  • Research & Analysis of Equity Securities (2023) Dhruv Bansal, Notion Press
  • James Valentine (2017) Best Practices for Equity Research Analysts, McGraw Hill Education
  • Research Analysts (2025) NISM X Taxmann
  • Financial Modelling for Equity Research (2019) John Moschella, Kindle Edition
  • Equity Research and Valuation (2008) Dun & Bradstreet, McGraw Hill Education

Reproduced from the University of Mumbai syllabus for B.Com. (Business 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.

PDF BCom (Business Management) Sem I & II (2024-25) NEP NEP 2020 syllabus, in force from 2024-25 Read full PDF Read
PDF BCom (Business Management) Sem III & IV Major 4 Credits (2026-27) NEP NEP 2020 syllabus, in force from 2026-27 Read full PDF Read
PDF BCom (Business Management) Sem III & IV (2025-26) NEP NEP 2020 syllabus, in force from 2025-26 Read full PDF Read
PDF BCom (Business Management) Sem V & VI (2026-27) NEP NEP 2020 syllabus, in force from 2026-27 Read full PDF Read
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