BHAVIK CHOKSHI

CA (AIR 41 Final), CS (AIR 21 CSFC), CFA (USA), Dip IFRS (ACCA)

Afm refresher Batch - table of contents

Question
Days Lectures Duration Size (MB) Concepts
Numbers
Bond Valuation, Current Yield, Realised
Day 1_Valuation of Securities 1_1_ Valuation of Securities 1:21:28 192 1, 2, 3, 4
Yield, Yield To Maturity
Forward Rates, Bond Duration &
Day 1_Valuation of Securities 1_2_ Valuation of Securities 1:29:20 212 5, 6, 7, 8
Strategies
Immunization, Convexity, Equity
Day 2_Valuation of Securities 2_1_ Valuation of Securities 1:20:41 202 10, 11, 9, 14 valuation: Single stage & multi stage
growth model
Equity Valuation & Equity Valuation &
13, 15, 17, 18,
Day 2_Valuation of Securities 2_2_ Valuation of Securities 1:38:06 238 Free cash flow theory, Free cash flow
19, 16
application Free cash flow theory
Earnings Growth Model, PE Multiple
19, 7(Mergers), Approach, Post Issues Market Price,
Day 3_Valuation of Securities 3_1_ Valuation of Securities 1:31:59 233
23, 24, 25, 26 Efficient Market Hypothesis, Yield
Method, Walter Model
Day 3_Valuation of Securities 3_2_ Valuation of Securities 1:29:57 218 28, 27, 21, 22 Right Shares & Buyback
Alternative Share Valuation
Models,Sustainable Growth Rate &
Day 4_Valuation of Securities_Mergers 4_1a_ Valuation of Securities 0:22:57 63.4 54, 57, 58
Miscellanious Topics, Convertibles &
Money Market,
Day 4_Valuation of Securities_Mergers 4_1b_ Valuation of Securities 0:06:41 12.1 64 Sum

Intro, Post Merger EPS, Post Merger Mps,

Day 4_Valuation of Securities_Mergers 4_1c_Valuation of Securities_Mergers 1:03:12 174 12, Mergers- 1 Exchange Ratio,Exponential moveing
Average, Auto Correlaton Runs Taste

2, 3, 4, 5, 23
Average Swap Ratio, Free Float & Other
Day 4_Valuation of Securities_Mergers 4_2_Mergers 1:27:54 252 (Extra),
Special Numbers, Discounted Cash Flows
24(Extra)
Impact of Growth on Post Merger Price,
Day 5_Mergers Day 5_1_Mergers 1:36:13 288 6, 8, 9, 10
Premium Analysis, Demerger

1
 BHAVIK CHOKSHI
CA (AIR 41 Final), CS (AIR 21 CSFC), CFA (USA), Dip IFRS (ACCA)
Afm refresher Batch - table of contents

Question
Days Lectures Duration Size (MB) Concepts
Numbers
Comparable Company Valuation, Break-
11, 12, 14, 15, up Value Approach, Buyout, Restructing,
Day 5_Mergers Day 5_2_Mergers 1:26:44 260
13, 16, 17, 20 Economic Value Added & Market value
Added (EVA & MVA)
Single Security Risk & Single Security
Day 6_Portfolio Management 6_1_Portfolio Management 1:15:00 214 1, 2, 3 Return, Portfolio Return, Portfolio Risk,
Covarience, Correlation

Theory of Dominance, Minimum

Day 6_Portfolio Management 6_2_Portfolio Management 1:17:22 237 6, 5, 7, 8
Varience Portfolio, CAPM, Portfolio Beta

Securities Market line, capital market

line, characteristic line, Sharpe ratio,
9, 37 (Extra),
Day 7_Portfolio Management 7_1_Portfolio Management 1:16:59 188 treynor ratio, Jensen alpha, Systematic &
10, 11, 12
Unsystematic risk, alternative methods
for covariance & portfolio risk
Income / expenses under stock lending
13, 14, 16, 15, scheme, Arbitrage Pricing Theory,
Day 7_Portfolio Management 7_2_Portfolio Management 1:31:52 239 44 (Extra), 20, Performance Evaluation Measures,
18 Critical Line, Heard/Non-Heared Beta,
Sharpe Optimal Portfolio
Day 8_Portfolio Management_Mutual 19, 18, 10, 11, 4, Critical Line, Heard/Non-Heared Beta,
8_1_Portfolio Management 1:37:10 300
Fund 17 Sharpe Optimal Portfolio
NAV, Annualize Return, Types of MF,
Day 8_Portfolio Management_Mutual 1, 2, 8, 9, 3, 4, 35
8_2_Mutual Fund 1:19:32 241 Devidend Reinvestment Plan, Entry/Exit
Fund (Extra)
Load
Growth Plan, Bonus Plan, Fund
Day 9_Mutual Fund_Risk Management 9_1_Mutual Funds 1:57:41 302 5, 6, 12, 13, 14 Rebalancing , Constant Ratio Plan &
CPPI, Dividend Equilization
Risk Management -Value of Risk,
Day 9_Mutual Fund_Risk Management 9_2_Risk Management_Bond Valuation 0:52:00 137 1, 2, 3 Business Valuation -NAV, Earnings
Capitalization, Multiple Approach

Day 9_Mutual Fund_Risk Management Afm New Theory 1:04:43 225

Day 10_Business Valuation_Forex 10_1_Business Valuation 0:27:30 75.2 1, 2, 3 Sums

2
 BHAVIK CHOKSHI
CA (AIR 41 Final), CS (AIR 21 CSFC), CFA (USA), Dip IFRS (ACCA)
Afm refresher Batch - table of contents

Question
Days Lectures Duration Size (MB) Concepts
Numbers
Foreign Exchange- Intro, Key Terms,
Day 10_Business Valuation_Forex 10_2_Forex 1:05:39 150 -
Exchange Rates Parity Theories

Day 10_Business Valuation_Forex 10_3_Forex 1:27:11 213 1, 2, 3, 6, 8, 7, 9 Sums

Cross rates, Forward Hedging, Arbitrage

10, 11, 12, 33, & Covered Interest Arbitrage, Arbitrage
Day 11_Forex 11_1_Forex 1:51:53 283
38, 14, 15 & Leading /Lagging, Money Market
Hedge
Distinction between Forwards &
Day 11_Forex 11_2_Forex 1:20:37 188 16, 17, 18
Futures, Currency Futures
Swap Points, Money Market Hedge &
Day 12_Forex 12_1_Forex 1:32:53 247 4, 19, 34, 39
Currency Futures

Day 12_Forex 12_2_Forex 1:25:06 207 31, 33, 32 Currency Option

Day 13_Forex 13_1_Forex 1:36:41 244 30, 40, 5, 13 Currency Swaps

Canellation of forward contract,

21, 20, 22, 23,
Day 13_Forex 13_2_Forex 1:19:13 195 Extension of forward contract, Netting &
24, 29
Matching
26, 56 (Extra), Early delivery of forward contract, Late
Day 14_Forex 14_1_Forex 1:54:12 241
27 Cancellation / Automatic Cacellation

Day 14_Forex 14_1_Forex 0:52:37 138 25, 28, 37, 38 Sums

Types of foreign currency exposure,

Types of foreign currency accounts -
Day 15_Forex_Int Financial Management 15_1_Forex 1:00:10 142 35, 36 Cash Position, Exchange Position,
NOSTRO / VOSTRO Accounts,
Transaction /Operating Exposure
Home Currence / Foreign Currency
Day 15_Forex_Int Financial Management 15_2_Int Financial Management 0:43:21 108 5, 1 Approach, Inflation In capital Budgeting,
MIRR

Day 15_Forex_Int Financial Management 15_3_Int Financial Management 1:20:10 204 3, 2, 4, 6 Adjusted MPV

3
 BHAVIK CHOKSHI
CA (AIR 41 Final), CS (AIR 21 CSFC), CFA (USA), Dip IFRS (ACCA)
Afm refresher Batch - table of contents

Question
Days Lectures Duration Size (MB) Concepts
Numbers
Day 16_IFM_Adv Capital Budgeting 16_1_Int Financial Management 0:34:27 86.7 7 Sum
Intro, Probability Approach, Risk of the
Day 16_IFM_Adv Capital Budgeting 16_2_Adv Capital Budgeting 0:52:48 110 1, 2
project
Certainty equivalent approach, Risk
3, 4, 5, 6, 7, 8, 9,
Day 16_IFM_Adv Capital Budgeting 16_3_Adv Capital Budgeting 1:22:54 214 adjusted discount rate, Sensitivity
14
Analysis, Scenario Analysis
10, 11, SA May
Optimum Replacement Time,
Day 17_Adv Capital Budg_Derivatives 17_1_Adv Capital Budgeting 1:03:20 155 24 - Q 6 (Extra),
Abandonment Option
13, 12
Types of Derivaties, Theoritacal Future
6, 6 (Extra), 4, 3,
Day 17_Adv Capital Budg_Derivatives 17_2_Derivatives 1:57:21 273 Price, Stock Futures Vs Index Futures,
9 (Extra)
Index Future Hedging
7, 2, 1, 8, 9, 17 Index Future Hedging, Margin, Comodity
Day 18_Derivatives 18_1_Derivatives 1:37:21 245
(Extra) Futures
Option Pay off & Other key Terms,
Option Strategies, Combination
10, 11, 12, 29
strategies, Spread Strategies, Butterfly
Day 18_Derivatives 18_2_Derivatives 1:33:11 224 (Extra), 13, 14,
Strategies, Theoritical Option Valuation,
15
Binomial Model- Replicating Portfolio,
Riskless Hedge
35 (Extra), 27, Rist Neutral Probabilities, Special Cases
Day 19_Derivatives 19_1_Derivatives 1:38:28 199
17, 16, 18 in Binomial Valuation,

Day 19_Derivatives 19_2_Derivatives 1:11:50 169 19, 20, 22, 23 Black Scholes Models

Option Greeks, Key Points, Growth

Day 20_Derivatives_Interest Rates 20_1_Derivatives 0:58:00 152 21, 25, 26, 24
Options

Day 20_Derivatives_Interest Rates 20_2_Interest Rates 0:35:33 82.8 2 (Extra) Introduction

Int rates futures, Forward rates

Day 20_Derivatives_Interest Rates 20_3_Interest Rates 1:24:03 247 1, 2, 3, 4, 5, 14 agreement - Strategy, FRA Terminology,
Time value adjustment,
6, 7, 10 (Extra), Interest Rate Options, Swaps, Steps to
Day 21_Interest Rates 21_1_Interest Rates 1:50:41 236
8, 12, 9, 13 design a Swap, Generic Swaps,

4
 BHAVIK CHOKSHI
CA (AIR 41 Final), CS (AIR 21 CSFC), CFA (USA), Dip IFRS (ACCA)
Afm refresher Batch - table of contents

Question
Days Lectures Duration Size (MB) Concepts
Numbers
Day 21_Interest Rates 21_2_Interest Rates 1:01:01 144 10, 11 Overnight Indexed Swaps