X

Introduction to Alternative Investments

By Dr. Deepika Upadhyay, Dr. Saravanakrishnan V   |   CHRIST (Deemed to be University), Bangalore, CHRIST (Deemed to be University), Bangalore
Learners enrolled: 68

This foundational course is designed for undergraduate and postgraduate students in Commerce and Management, particularly those specializing in Finance. It is also valuable for investment professionals, aspiring portfolio managers, and CFA candidates. The course explores alternative asset classes beyond traditional stocks and bonds—covering hedge funds, private equity, real estate, commodities, and structured products. Students will understand their risk-return profiles, liquidity, transparency, and valuation differences. The course also examines ESG investing, impact funds, and global trends in retail participation. Through case studies and market data, learners gain practical insights into the fund structures, regulations, and emerging technologies that shape the alternative investment landscape.  

Summary
Course Status : Upcoming
Course Type : Elective
Language for course content : English
Duration : 6 weeks
Category :
  • Finance
Credit Points : 3
Level : Undergraduate/Postgraduate
Start Date : 12 Jan 2026
End Date : 30 Apr 2026
Enrollment Ends : 28 Feb 2026
Exam Date :
Translation Languages : English
NCrF Level   : 6.5
Industry Details : Banking & Financial Services

Page Visits



Course layout

Week 1: Alternative Investments

Week 2: Hedge Funds

Week 3: Private Equity & Venture Capital

Week 4: Real Estate and Infrastructure Investments

Week 5: Investment in Commodities

Week 6: Other Alternative Assets and ESG Integration

Books and references

  • Author: CFA Institute, Book Title: Alternative Investments (CFA Institute Investment Series), Edition: 1st edition (2021 Nov 24), Publisher: John Wiley & Sons, Year: 2021
Link: https://www.wiley.com/en-us/Alternative%2BInvestments-p-9781119850601

 

  • Author: National Institute of Securities Markets (NISM) (An Educational Initiative of Securities and Exchange Board of India), Book Title: NISM X Taxmann’s Alternative Investment Funds Managers – Foundation knowledge of the AIF ecosystem in India with insights on fund management, regulatory & taxation frameworks, best practices, etc. Edition: Workbook Version – December 2023 (published March 2024) https://www.taxmann.com+1, Publisher: Taxmann Publications Private Ltd, Year: 2024 https://www.taxmann.com
Link: https://www.taxmann.com/bookstore/product/40005282-alternative-investment-funds-managers

Instructor bio

Dr. Deepika Upadhyay

CHRIST (Deemed to be University), Bangalore

Dr Deepika Upadhyay is an accomplished academician and researcher with over fourteen years of teaching and research experience in the field of Finance and Accountancy. She currently serves as an Associate Professor in the Department of Commerce, School of Commerce, Finance and Accountancy, where she continues to inspire students and peers through her dedication to academic excellence and innovative research.


Dr Upadhyay holds a PhD in Commerce from the Faculty of Commerce, Banaras Hindu University, and an Executive Post Graduate Certificate in Financial Management (EPGCFM) from IIM Kozhikode. She is also UGC-NET qualified and has been a UGC Research Fellow during her doctoral studies. Her research, titled “A Study of Growth and Prospects of Derivatives Trading in Indian Stock Market,” laid a strong foundation for her continuing contributions to financial markets and corporate finance scholarship.


Her research portfolio includes numerous publications in Scopus-indexed and peer-reviewed international journals, as well as book chapters with reputed publishers such as Emerald, Elsevier, Palgrave Macmillan, IGI Global, and Bloomsbury. She has presented papers at leading academic conferences, including IIM Nagpur, IIM Raipur, BIMTECH, and IIT Delhi, and has been honoured with multiple Best Paper Awards.


Beyond academia, Dr Upadhyay has conducted corporate training programs and faculty development workshops across national institutions, emphasising research methodology, analytics, and case-based teaching. She also serves as a conference convener and research project lead, with her recently funded project exploring the Tamil Nadu cotton export industry.


Her intellectual curiosity extends to writing for national platforms like Deccan Herald and PHD Chamber Bulletin, where she shares insights on finance, inclusion, and gender equity. Dr Upadhyay’s work reflects her commitment to bridging theory and practice, advancing sustainable business practices, and nurturing the next generation of commerce professionals.



Dr. Saravanakrishnan V

CHRIST (Deemed to be University), Bangalore

Dr. SaravanaKrishnan V is an accomplished academician and finance professional with over 17 years of combined experience in industry, consulting, and academia. He began his career as a financial consultant and has spent the last decade as a consultant with Multi-ray Financial Services, a business partner of Religare Securities Ltd, handling a comprehensive portfolio spanning equity, commodities, currency, mutual funds, insurance, financial planning, and taxation. He also consults for a sub-broker of Angel Broking Ltd.


An alumnus of the Indian Institute of Management Calcutta, he holds an Executive Program in Applied Finance (EPAF) and has further specialized in Data Analytics from IIM Rohtak. He also holds Bloomberg Market Concepts certification and has completed an FDP in Econometrics from IIM Kozhikode. His core academic and teaching focus areas include Security Analysis & Portfolio Management, Derivatives, and Market Analytics.


Dr. SaravanaKrishnan is empanelled as a faculty-cum-trainer with the Bombay Stock Exchange Institute (BSEI) for the GFMP course in South India and he is associated with the Indian Institute of Management Bangalore (IIM-B) as a trainer for capital markets using the NSE Nsmart trading simulator. He holds multiple NSE and NISM certifications, including Capital Market Dealer, Depository Operations, AMFI, Derivatives, and Technical Analysis. He has also cleared CISI (UK) certifications in International Securities, Risk in Financial Services, Wealth Management (India), and Investment Operations.


His research interests lie in option strategies, technical and fundamental analysis, and financial market forecasting. He has worked on IPO prediction using machine learning, stock price forecasting using ARIMA, and FII impact modeling using ANN and decision trees. He has published in Scopus-indexed journals and contributed book chapters in derivatives, machine learning, and AI in finance.


Course certificate

Enrolling and learning from the course is free. However, if you wish to obtain a certificate, you must register and take the proctored exam in person at one of the designated exam centres. The registration URL will be announced when the registration form is open. To obtain the certification, you need to fill out the online registration form and pay the exam fee of Rs.750/-. More details will be provided when the exam registration form is published, including any potential changes. For further information on the exam locations and the conditions associated with filling out the form, please refer to the form.

 

Grading Components:

 

Internal Assignment Score: This contributes 25% to the final grade. It is calculated based on the average of the best 3 out of 6 assignments submitted during the course.

 

Proctored Final Exam Score: This contributes 75% to the final grade and is based on the proctored final exam, which is scored out of 100.

 

Overall Course Score: The overall course score is the weighted sum of the internal assignment score and the proctored final exam score.

 

Assessment Type

Weightage

Weekend Assessment

25%

Final Exam

75%

 

Eligibility for Certification:

 

To qualify for the course certificate, you must meet both of the following criteria:

 

  • Average Assignment Score ≥ 10/25
  • Final Exam Score ≥ 30/75

 

If either of these conditions is not met, you will not be eligible for certification, even if your final score is 40 or higher (out of 100).

 

Score

Type of Certificate

>=90

Gold

76 - 89

Silver

61 - 75

Bronze

40 - 60

Successfully Completed

<39

No Certificate

 

Sample Certificate:

Disclaimer: In order to be eligible for the certificate, you must register for enrolment and exams using the same email ID. If different email IDs are used, you will not be considered eligible for the certificate.

 

The certificate of completion will include your namephotograph, and final exam score, along with a detailed score breakdown.


It will be 
electronically verifiable through the SWAYAM platform at https://swayam.gov.in/. Please note that only an e-certificate will be issued. Printed or hard copies will not be provided.

 

We sincerely appreciate your participation and interest in our online courses and certification programsWishing you continued success and an enriching learning experience with IIM Bangalore.

MHRD logo Swayam logo

DOWNLOAD APP

Goto google play store

FOLLOW US