CS Professional SMCF study plan

Map the full instrument landscape (equity, debt, hybrids, derivatives, funds, money-market instruments) and write a one-line definition plus one real use case for each

Build a comparison table of primary-market routes (IPO, FPO, rights issue, preferential allotment, QIP, private placement, debt issuance) covering eligibility, pricing basis, and disclosure burden

Explain the IPO book-building process end to end, from DRHP filing through allotment and listing, in your own words without notes

Distinguish regulatory filing documents (offer document, prospectus, information memorandum) by purpose and liability exposure

Compute the effect of a rights issue and a bonus issue on EPS, book value per share, and promoter holding using two worked numerical examples

Rank capital-raising options for a given company profile (leverage, dilution tolerance, credit rating) and justify the ranking in writing

Build a weighted average cost of capital model in a spreadsheet and test sensitivity to a 100 bps change in cost of debt and cost of equity

Summarise the key eligibility and lock-in conditions for preferential allotment and qualified institutional placement from memory

Construct a three-statement linked model for a sample company and verify that the balance sheet balances after a debt paydown scenario

Calculate and interpret leverage, coverage, and liquidity ratios from a published annual report and flag three credit-relevant risks

Apply dividend policy theory (residual, stable, signalling) to recommend a payout approach for a growth-stage firm

Explain the trade-off between debt and equity financing in terms of tax shield, financial distress cost, and agency cost

Value one listed company using discounted cash flow and relative valuation (peer multiples) and reconcile the gap between the two outputs

Compute bond duration and convexity for two bonds and explain the price change under a 50 bps rate shift

Estimate beta from return data and use CAPM to derive a cost of equity, documenting every input assumption

Identify and quantify three risk types (market, credit, liquidity) in a portfolio of five securities

Trace an order from entry to settlement across exchange, clearing corporation, and depository, naming each intermediary's role

Compare order types (market, limit, stop, iceberg, block, basket) and specify when each is appropriate

Explain margin, circuit breaker, and short-selling mechanics and describe how each affects trading behaviour

Differentiate the roles of broker, merchant banker, underwriter, registrar, custodian, and depository participant in a transaction chain

Build a table of prohibited market conduct (insider trading, front running, market manipulation, misleading disclosure) with the regulator's likely action for each

Outline the listing-obligation disclosure timelines a listed company must meet and test yourself on ten dates

Describe the licensing and net-worth requirements for key intermediaries from memory

Analyse two published enforcement orders and identify the specific rule breached in each

Evaluate board composition, independence, and committee structure for two listed companies against governance norms

Draft a disclosure checklist for a material event and identify what must be disclosed, when, and to whom

Apply an ethics framework to three short conflict-of-interest scenarios and defend each decision in writing

Distinguish related-party transaction approval requirements by threshold and nature of transaction

Complete two full-length timed mock exams and log every error by domain and error type

Re-study only the two weakest domains identified in the error log and re-test those areas

Recite the 20 most-tested formulas and definitions from memory in a single written dump

Build a one-page final revision sheet linking each domain to its highest-yield concepts