AFM Study Material Index

Sr. No. Topic Pg no.

CHAPTER 1- FINANCIAL POLICY AND CORPORATE STRATEGY
1 ADVANCED ROLE OF CFO IN VARIOUS MATTERS INCLUDING VALUE CREATION 1.2
2 STRATEGIC FINANCIAL DECISION MAKING FRAMEWORK 1.2
3 STRATEGY AT DIFFERENT HIERARCHY LEVELS 1.4
4 FINANCIAL PLANNING 1.5
5 INTERFACE OF FINANCIAL POLICY AND STRATEGIC MANAGEMENT 1.6
6 BALANCING FINANCIAL GOALS VIS-À-VIS SUSTAINABLE GROWTH 1.8
7 TEST YOUR KNOWLEDGE 1.11
CHAPTER 2- RISK MANAGEMENT
1 IDENTIFICATION OF TYPES OF RISKS FACED BY AN ORGANIZATION 2.2
2 EVALUATION OF FINANCIAL RISK 2.4
3 VALUE-AT-RISK 2.4
4 APPROPRIATE METHODS FOR IDENTIFICATION AND MANAGEMENT OF FINANCIAL RISK 2.6
5 TEST YOUR KNOWLEDGE 2.8
CHAPTER 3- ADVANCED CAPITAL BUDGETING DECISIONS
1 CURRENT TRENDS IN CAPITAL BUDGETING 3.2
2 DEALING WITH RISK IN INVESTMENT DECISIONS 3.9
3 INTERNAL AND EXTERNAL FACTORS AFFECTING CAPITAL BUDGETING DECISION 3.1
4 METHODS OF INCORPORATING RISK IN CAPITAL BUDGETING 3.11
5 REPLACEMENT DECISION 3.35
6 ADJUSTED PRESENT VALUE 3.39
7 TEST YOUR KNOWLEDGE 3.39
CHAPTER 4- SECURITY ANALYSIS
1 FUNDAMENTAL ANALYSIS 4.2
2 TECHNICAL ANALYSIS 4.14
3 DIFFERENCES BETWEEN FUNDAMENTAL ANALYSIS AND TECHNICAL ANALYSIS 4.29
4 EFFICIENT MARKET THEORY (EFFICIENT MARKET HYPOTHESIS) 4.29
5 EQUITY RESEARCH AND TOOLS AVAILABLE 4.33
6 TEST YOUR KNOWLEDGE 4.34
CHAPTER 5- SECURITY VALUATION
1 OVERVIEW OF VALUATION 5.2
2 RETURN CONCEPTS 5.2
3 EQUITY RISK PREMIUM 5.4
4 REQUIRED RETURN ON EQUITY 5.5
5 DISCOUNT RATE SELECTION IN RELATION TO CASH FLOWS 5.5
6 VALUATION OF EQUITY SHARES 5.6
7 VALUATION OF PREFERENCE SHARES 5.14
8 VALUATION OF DEBENTURES AND BONDS 5.15
9 ROLE AND RESPONSIBILITIES OF VALUERS 5.28
10 PRECAUTIONS NEED TO BE TAKEN BY A VALUER BEFORE ACCEPTING ANY VALUATION ASSIGN 5.31
11 TEST YOUR KNOWLEDGE 5.32
CHAPTER 6- PORTFOLIO MANAGEMENT
1 INTRODUCTION 6.2
2 PHASES OF PORTFOLIO MANAGEMENT 6.4
3 PORTFOLIOS THEORY 6.7
 4 RISK ANALYSIS 6.9
5 MARKOWITZ MODEL OF RISK- RETURN OPTIMIZATION 6.29
6 CAPITAL MARKET THEORY 6.32
7 SINGLE INDEX MODEL (SHARPE INDEX MODEL) 6.33
8 CAPITAL ASSET PRICING MODEL (CAMP) 6.37
9 ARBITRAGE PRICING THEORY MODEL (APT) 6.45
10 PORTFOLIO EVALUATION METHODS 6.46
11 SHARPE'S OPTIMAL PORTFOLIO 6.49
12 FORMULATION OF PORTFOLIO STRATEGY 6.5
13 PORTFOLIO REVISION AND REBALANCING 6.54
14 ASSET ALLOCATION STRATEGIES 6.57
15 FIXED INCOME PORTFOLIO 6.58
16 ALTERNATE INVESTMENT AVENUES 6.6
17 TEST YOUR KNOWLEDGE 6.64
CHAPTER 7- SECURITIZATION
1 INTRODUCTION 7.2
2 CONCEPT AND DEFINITION 7.2
3 BENEFITS OF SECURITIZATION 7.2
4 PARTICIPANTS IN SECURITIZATION 7.3
5 MECHANISM OF SECURITIZATION 7.5
6 PROBLEMS IN SECURITIZATION 7.6
7 SECURITIZATION INSTRUMENTS 7.7
8 PRICING OF THE SECURITIZED INSTRUMENTS 7
9 RISKS IN SECURITIZATION 7.9
10 TOKENIZATION 7.1
11 SECURITIZATION IN INDIA 7.13
12 TEST YOUR KNOWLEDGE 7.14
CHAPTER 8- MUTUAL FUNDS
1 INTRODUCTION 8.2
2 CLASSIFICATION OF MUTUAL FUNDS 8.4
3 TYPES OF SCHEMES 8.8
4 ADVANTAGES OF MUTUAL FUNDS 8.13
5 DRAWBACKS OF MUTUAL FUNDS 8.14
6 TERMS ASSOCIATED WITH MUTUAL FUNDS 8.15
7 EVALUATION OF MUTUAL FUNDS 8.18
8 ROLE OF FUND MANAGERS IN MUTUAL FUNDS 8.2
9 ROLE OF FIIs IN MUTUAL FUNDS 8.21
10 TEST YOUR KNOWLEDGE 8.22
CHAPTER 9- DERIVATIVES ANALYSIS AND VALUATION
1 INTRODUCTION 9.2
2 FORWARD CONTRACT 9.3
3 FUTURE CONTRACT 9.4
4 PRICING/ VALUATION OF FORWARD/ FUTURE CONTRACTS 9.5
5 TYPES OF FUTURE CONTRACTS 9.9
6 OPTIONS 9.17
7 OPTION VALUATION TECHNIQUES 9.21
8 CREDIT DERIVATIVES 9.33
9 REAL OPTIONS 9.37
 10 COMMODITY DERIVATIVES 9.44
11 WEATHER DERIVATIVES 9.51
12 ELECTRICITY DERIVATIVES 9.52
13 DERIVATIVE MISHAPS AND LESSONS 9.54
14 TEST YOUR KNOWLEDGE 9.58
CHAPTER 10- FOREIGN EXCHANGE EXPOSURE AND RISK MANAGEMENT
1 INTRODUCTION 10.2
2 ROLE OF SWIFT IN FOREIGN EXCHANGE 10.3
3 NATIONAL AND INTERNATIONAL PAYMENT GATEWAYS 10.5
4 NOSTRO, VOSTRO AND LORO ACCOUNTS 10.6
5 EXCHANGE RATE QUOTATION 10.8
6 EXCHANGE RATE FORECASTING 10.14
7 EXCHANGE RATE DETERMINATION 10.14
8 EXCHANGE RATE THEORIES 10.15
9 FOREIGN EXCHANGE MARKET 10.2
10 FOREIGN EXCHANGE EXPOSURE 10.21
11 HEDGING CURRENCY RISK 10.25
12 FORWARD CONTRACT 10.28
13 FUTURES CONTRACTS 10.4
14 OPTION CONTRACTS 10.41
15 SWAP CONTRACTS 10.42
16 POPULAR DERIVATIVE PRODUCTS 10.44
17 STRATEGIES FOR EXPOSURE MANAGEMENT 10.47
18 CONCLUSION 10.49
19 TEST YOUR KNOWLEDGE 10.49
CHAPTER 11- INTERNATIONAL FINANCIAL MANAGEMENT
1 INTERNATIONAL CAPITAL BUDGETING 11.2
2 INTERNATIONAL SOURCES OF FINANCE 11.15
3 INTERNATIONAL FINANCIAL CENTRE (GIFT CITY) 11.2
4 SOVEREIGN FUNDS 11.22
5 INTERNATIONAL WORKING CAPITAL MANAGEMENT 11.23
6 TEST YOUR KNOWLEDGE 11.31
CHAPTER 12- INTEREST RATE RISK MANAGEMENT
1 INTRODUCTION 12.2
2 BENCHMARK RATES 12.2
3 INTEREST RATE RISK 12.3
4 HEDGING INTEREST RATE RISK 12.6
5 TEST YOUR KNOWLEDGE 12.15
CHAPTER 13- BUSINESS VALUATION
1 CONCEPTUAL FRAMEWORK OF VALUATION 13.2
2 IMPORTANT TERMS ASSOCIATED WITH VALUATION 13.3
3 APPROACHES/ METHODS OF VALUATION 13.5
4 MEASURING COST OF EQUITY 13.1
5 RELATIVE VALUATION 13.14
6 OTHER APPROACHES TO VALUE MEASUREMENT 13.18
7 ARRIVING AT FAIR VALUE 13.26
8 GOING CONCERN AND NON-GOING CONCERN VALUATION 13.27
9 VALUATION OF DISTRESSED COMPANIES 13.27
 10 VALUATION OF START UPS 13.29
11 VALUATION OF DIGITAL PLATFORMS 13.35
12 VALUATION OF PROFESSIONAL/ CONSULTANCY FIRMS 13.39
13 IMPACT OF ESG ON VALUATION 13.39
14 TEST YOUR KNOWLEDGE 13.42
CHAPTER 14- MERGERS, ACQUISITIONS AND CORPORATE RESTRUCTURING
1 CONCEPTUAL FRAMEWORK 14.2
2 RATIONALE FOR MERGERS AND ACQUISITIONS 14.4
3 FORMS (TYPES) OF MERGERS 14.6
4 FINANCIAL FRAMEWORK 14.8
5 TAKEOVER DEFENSIVE TACTICS 14.1
6 REVERSE MERGER 14.12
7 DIVESTITURE 14.13
8 FINANCIAL RESTRUCTURING 14.16
9 OWNERSHIP RESTRUCTURING 14.19
10 UNLOCKING THE VALUE THROUGH MERGERS AND ACQUISITIONS AND BUSINESS RESTRUCTU 14.22
11 PREMIUM AND DISCOUNT 14.22
12 MERGERS AND ACQUISITIONS FAILURES 14.23
13 ACQUISITION THROUGH SHARES 14.24
14 CROSS-BORDER M&A 14.29
15 SPECIAL PURPOSE ACQUISITION COMPANIES 14.29
16 TEST YOUR KNOWLEDGE 14.31
CHAPTER 15- STARTUP FINANCE
1 THE BASICS OF STARTUP FINANCING 15.2
2 SOME OF THE INNOVATIVE WAYS TO FINANCE A STARTUP 15.2
3 PITCH PRESENTATION 15.3
4 CONCEPT OF UNICORN 15.6
5 MODES OF FINANCING FOR STARTUPS 15.1
6 VENTURE CAPITAL FUNDS IN INDIA 15.16
7 STARTUP INDIA INITIATIVE 15.18
8 SUCCESSION PLANNING IN BUSINESS 15.21
9 TEST YOUR KNOWLEDGE 15.22