Certificate Course on Equity Portfolio Management by the National Stock Exchange


In this article, information regarding the Certificate Course on Equity Portfolio Management offered by the National Stock Exchange has been given along with details regarding course content, the teaching techniques employed, eligibility, and how to apply for it. Read on to know more about the topic.

Need for the certificate course on Equity Portfolio Management


In the present world, the importance of portfolio investment, which mainly includes investment in stocks and shares, has increased greatly. Gone are the days when fixed deposits and savings account used to be the only available means of storing the otherwise idle wealth. The so-called 'stock market' provides a ready opportunity for potential investors to invest their cash and earn dividends. However, the jargons of the stock exchange as well as several complex-looking decisions regarding where to invest, how much to invest etc. prevent several people from trying out this sea of opportunity. It is not uncommon to find the ordinary laymen puzzled by the working of the stock exchanges.

It is in this context that the present course that is a Certificate Course on Equity Portfolio Management has assumed importance. This course which is provided by the National Stock Exchange in collaboration with a New York-based entity called ALPHABETA will equip the individual with all the necessary skills required to manage portfolios, analyze stocks and talk with knowledge regarding investments. Portfolio management strategies used even by the Mutual Fund managers will be taught to the candidate.

Course outline


This course is a 6-week long course and the curriculum covers the following content:

  • Introduction to stock markets

  • Review of financing and accounting concepts

  • Investment objectives and styles

  • Introduction to systematic approaches and market phenomena

  • Underlying theories in portfolio management


The concepts in this course can be classified under the following sub-headings:

  • Analytical – based on financial theory

  • Mathematical – based on statistical techniques. However, not having a background of statistics is no bar for this course. As long as you have an analytical mind, that is enough.

  • Heuristic – based on the learning of best practices through repetition of concepts.


The learning process


The time period of the course, that is, 6 weeks might look like a very short period to learn about a topic on which we hardly have any knowledge about. However, the teaching techniques employed in the course make this possible. The teaching is done through an application which enables learning on the go. A game-like approach is adopted in the process. Several simulation techniques, designed to mirror situations in the actual stock market are employed to teach the concepts. The visualization of stocks assists in the learning process. Students learn how to make decisions and even create trades.

The learning process moves through the following stages:
Stage 1: Simulation of stock exchange (they call it 'lab experiment'). During this stage, the students are allowed to make decisions without being aware of key concepts. Making mistakes is allowed at this stage.

Stage 2: During this stage, the student has to attend a lecture. The lecture can be a video lecture or an actual classroom lecture depending on which option the student has chosen (we will return to that later). During the lecture, the student learns what he did in the previous stage. He is reminded of his previous mistakes ensuring he does not repeat them again.

Stage 3: During this stage, the simulation is repeated once again. The student now armed with the concepts learned through the lecture makes no mistake and smoothly sails over the concept.
These three stages, outlined above, constitute one session. Multiple sessions constitute one module. At the end of each module, an assessment based on simulations is undertaken by the student. And multiple modules together make up this course.

How and where to enrol?


There are basically two options in front of students who want to undertake this course.
  • Option 1: The students can join a classroom-based workshop in Mumbai. The persons conducting this workshop will be Global Portfolio Managers with Wall Street experience.

  • Option 2: The students can join an online mentoring program with weekly connecting sessions for discussion and resolution of queries.>

The eligibility for this program is a minimum of HSC (i.e. Class 12) passed.

The interested students can register for this program through the National Stock Exchange website – www.nseindia.com and follow the relevant instructions given there. Or they can straightaway go to the registration link provided along with the brochure (the brochure of this program is available in PDF format in the 'Attachments' section of this article).

Fees and payment


The total fee of this program is Rs. 23,600 (Rs. 20,000+18% GST).
The payment for this program can be done through:

  1. NEFT or RTGS

  2. Demand Draft

  3. Payment link


For more specific details regarding payments, you can refer to the brochure in the 'Attachments' section.

Conclusion


We can see that this program will equip the interested students with all the necessary skills required to have a clearer grasp of the world of the stock market. Besides being a boon for prospective investors, this can also arm you with the foundational knowledge required for portfolio managers and analysts. A word of caution is necessary here. This is only a foundational course and it will not make you automatically eligible for any job. For becoming stockbrokers etc. there are more advanced courses available. The only negative point about this course is the high fee involved. However, the potential benefits are also likely to be high as you will be able to learn principles which govern the investment of several lakhs of the worth of assets.


Attachments

  • Brochure for the course (176164-1-Brochure-for-the-course.pdf)
  • Comments

    Author: Umesh11 Apr 2019 Member Level: Diamond   Points : 5

    A nice article on certificate course on Equity Portfolio Management. Equity investment is a difficult area to understand and practice and such courses are always useful for beginners in this field.

    Theoretically speaking, equity investment also has certain key methods to invest in the market and make a good return. Unfortunately, there are some factors which affect the markets in strange ways and many times the theoretical methods do not work as intended.

    Certain industries fare well due to increased demand while some established industries have a tough time in the market due to decreased demand as well as the technological replacements of items in the market subsequent to scientific research and development.

    So it is not only the acquisition of the academic knowledge alone that will help but also the prudence and experience of the investor play a big role in this area.

    Portfolio management is a dynamic process and good portfolio managers go on churning their portfolio time to time depending upon the market trends. For small corpus it may not appear important to do that but for large and heavy corpora that is a very important aspect to make money even in a stagnant market.

    A good portfolio manager will utilise his corpus in a variety of equity options to optimise the return on investment. In this process, the different investments will give returns in different ways making the scheme or portfolio more and more viable and return oriented.



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