Dear Friends,
I must mention one unique thing about this subject, Security Analysis and Portfolio Management (SAPM for MBA) or Investment and Portfolio Management (IPM for PGDM). This subject has a great distinction in terms of Nobel Memorial Prize in Economic Science, popularly Nobel Prize. Perhaps, this is the only subject of entire two year management course that has as many as SIX Nobel Laureates (winners).
These great people are:
James Tobin (1981)
Franco Modigliani (1985)
Harry Markowitz (1990)
Merton Miller (1990)
William Sharpe (1990)
and Eugene Fama (2013)
You people must have studied Modigliani and Miller (MM) model in your Financial Management subject. Both of them have won Nobel at different times. We will study theories of these great people in our subject and that is why I call this subject as one of the most exciting subjects of the curriculum.
I hope you will appreciate the efforts put in by these Laureates in making finance easy (or rather difficult) for common man.
I wish one of you also develop a taste for the subject and win a Nobel in future. Good Luck.
I must mention one unique thing about this subject, Security Analysis and Portfolio Management (SAPM for MBA) or Investment and Portfolio Management (IPM for PGDM). This subject has a great distinction in terms of Nobel Memorial Prize in Economic Science, popularly Nobel Prize. Perhaps, this is the only subject of entire two year management course that has as many as SIX Nobel Laureates (winners).
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| Aflred Nobel minted on the Medal |
James Tobin (1981)
Franco Modigliani (1985)
Harry Markowitz (1990)
Merton Miller (1990)
William Sharpe (1990)
and Eugene Fama (2013)
You people must have studied Modigliani and Miller (MM) model in your Financial Management subject. Both of them have won Nobel at different times. We will study theories of these great people in our subject and that is why I call this subject as one of the most exciting subjects of the curriculum.
I hope you will appreciate the efforts put in by these Laureates in making finance easy (or rather difficult) for common man.
I wish one of you also develop a taste for the subject and win a Nobel in future. Good Luck.

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