Professional GAFA

Professional Program in Global Applied Financial Analyst

Fundamental analysis is the cornerstone of investing.It teaches the fundamental and economic analysis of the movement of stock prices. The subject deals with mechanics of stock market based on the fundamental performance of the companies. The student will learn about the process of fundamental analysis, study the time value of money and learn basics of accounting. The use of ratio analysis to measure the performance of companies help in analysing various aspects. This type of analysis examines the key ratios of any business in order to determine its financial health and it can give the students an idea of the value of its stock. The Efficient Market Hypothesis, Cash Flow Statement Analysis are some of the methods of Fundamental Analysis. It deals with Balance sheet analysis and Profit and Loss statement analysis. The Interest rates and discount factors and the valuation process are also used to analyse any company.

Technical analysis is the study of chart patterns and statistical figures to understand market trends and pick stocks accordingly. It provides an extensive study of the stock movement and why do the follow a pattern. The study of technical analysis will depend on charts, patterns, moving averages. The indicators and oscillators help in interpreting the stock price movements. The student will learn about the basics of technical analysis, the theories and assumptions, the importance and limitations of technical analysis, understand and prepare charts, their types, the candlestick analysis and the different patterns, the major indicators and oscillators, the different trading strategies, The Dow theory and the Elliot Wave theory are two most important theories which state the understanding of Technical Analysis. Lastly, the psychology of trading and risk management in stock market is an important aspect which is dealt by the subject.

This subject gives an insight into the economic environment and their implications in an economy. The student will learn about the definition of economics and its use in decision making process. The two most important division of economics - Micro and Macro. The Indian Economy and its components, how they have changed over a time period in respect to GDP contribution. The subject also deals with Money and its types and how it is influenced by Demand and Supply. The impact of Interest rates on an economy, GDP contribution and stock markets. The reason for Inflation, whether it is good for any country. The Fiscal policies of government of India. The monetary policy of RBI and how through its elements like Repo and Reverse Repo an economy is controlled. The effect of Union Budget and why is it created for an economy. The difference between the currencies of different countries and the impact of exchange rates on each countries. Lastly, why did India get Liberalized, Privatized and Globalized and their effects over the time period. Economics and its impact on stock market and how it influences individual investors.

Equity Derivatives provides a complete understanding of the concept and the usages of derivative trading. An equity derivative is part of advanced investment opportunities in the market. They are mainly seen as speculation and hedging options. Essentially investors try to take advantage of the price changes in the underlying asset class. The student learns about the evolution and development of Derivatives market. Understands the index and its types and how the value of index is derived in the form of derivatives. The various types of Derivatives - Forwards, Futures, Options and Swaps. Understanding their pricing models and the different strategies of Future trading. Classify Options and its types and understand the different strategies of Option trading. Lastly, the Clearing and Settlement Mechanism and Taxation of Derivative instruments.

Level 2
Professional GAFA – Rs.40,000/- plus applicable taxes