The local and International Fund Management Industry: types of investors and investment products; Traditional Portfolio Theory; International Diversification; Implications of Efficient Market Hypothesis in Portfolio Management; Technical and Fundamental Analysis; Active v/s Passive Portfolio Management; Asset Allocation; Market Timing v/s Tactical Asset Allocation; Performance Measurement; Portfolio Insurance; Portfolio Theory Revisited: Geometric Mean, Deriving efficient frontiers with moments of different orders, Non-stability of correlation and volatility, and its implications for portfolio managers; Implications of international market integration on portfolio management.