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Seminar Investasi dan Pasar Modal. Session 1: Introduction By Dr. Ir. Sugeng Purwanto MBA,FRM Jakarta, 3 February 2010. Source : BKM (2005). “INVESTMENTS”, 6 th Edition, Chaper 1-3, Page 1-100. . Ir. Sugeng Purwanto MBA, Ph.D , FRM s-p@cbn.net.id Current Activities
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Seminar InvestasidanPasar Modal Session 1: Introduction By Dr. Ir. Sugeng Purwanto MBA,FRM Jakarta, 3 February 2010 Source : BKM (2005). “INVESTMENTS”, 6th Edition, Chaper 1-3, Page 1-100.
Ir. Sugeng Purwanto MBA, Ph.D, FRM s-p@cbn.net.id Current Activities * Consultant for strategic finance, financial restructuring * Speaker of Public Seminars and Workshops * Dean Paramadina Graduate School of Business (since November 2008) * Independent Director PT Garudafood Putra Putri Jaya * Supervisor and examiner for Ph.DDissertation of University of Indonesia – Faculty of Economics: Financial Management/Strategic Management/Marketing Management/Accounting Management * Lecturer: FEUI Ph.DSeminar on Corporate Finance, Advanced Corporate Finance * Lecturer: CFA Exam Preparation Experiences Director of Corporate Strategy and Project Management Office PT Smart Telecom April – Sept 2007 Director PT MitrasariKartikatama [CBS Holdings owned by Mr. Henry Pribadi] Dec.2005-Jan 2007 Head of Commercial Unit Bandung Institute of Technology 2005 Finance Director PT Surya Citra Media Tbk – Holding Company of SCTV 2004-2005 Director PT BhaktiInvestamaTbk (restructuring, M&A) 2001-2003 Director PT AgisTbk – Holding of elektronics business, Production House 2002-2003 Comissioner(PT AgisAweca Asia, PT Metro Selular, PT datakom Asia, PT Media Citra I) 2001-2003 Project Executive Director Niaga Tower – Property Office Developments 1996-1998 Executive Project Advisor PT GrahaniagaTatautama 1991-1993 Technical Consultant for Branch Developments of PT Bank NiagaTbk 1989-1990 Sales Coordinator PT Berca Indonesia 1987-1988 Business Owner 1985-1986 Project Coordinator PT Berca Indonesia 1983-1984 Education Ph.D in Monetary Economics FEUI 2004, cum laude, Index 3.95 of max. 4 in 13 months ~ Awarded by MURI RECORD as the fastest doctorate graduate in Indonesia 2004 Ph.D in Finance FEUI 2001, Summa Cum Laude, Index 3.98 of maximum 4 in 22 months ~ Awarded by MURI as the fastest doctorate graduate in Indonesia 2001 MBA Monash University - Melbourne 1995 IPMI Magister Management 1994 ITB Electrical Engineering1983 Professional Certificates Financial Risk Manager (FRM) by GARP. Fund Manager, Underwriter, Broker Dealer. Fund Management License. Other: Nominee for Candidate of Rector of Bandung Institute of Technology ITB 2005 2 2
BKM Chapter 1: THE INVESTMENT ENVIRONMENT • THE INVESTMENT ENVIRONMENT • ASSETS: • REAL ASSETS • FINANCIAL ASSETS
CLIENTS OF FINANCIAL SYSTEM • THE HOUSEHOLD SECTOR • THE BUSINESS SECTOR • THE GOVERNMENT SECTOR
RESPONSES TO CLIENTELE DEMANDS • FINANCIAL INTERMEDIATION • INVESTMENT BANKING • FINANCIAL INNOVATIONS AND DERIVATIVES
MARKETS AND MARKET STRUCTURE • DIRECT MARKET • BROKERED MARKET • DEALER MARKET • AUCTION MARKET
ONGOING TRENDS • GLOBALIZATION • SECURITIZATION • FINANCIAL ENGINEERING • REVOLUTION IN INFORMATION AND • COMMUNICATION NETWORK
BKM Chapter 2 : FINANCIAL INSTRUMENT • FINANCIAL INSTRUMENTS • THE MONEY MARKET • THE BONDS • EQUITY SECURITIES • DERIVATIVES PRODUCTS • OPTIONS • FUTURES
STOCK MARKET INDEXES • PRICE-WEIGHTED AVERAGE : DJIA • VALUE-WEIGHTED INDEXES : IHSG, S&P • EQUALLY WEIGHTED INDEXES
SECURITIES TRADING • PRIMARY MARKET • Securities purchased by investors at the “IPO” • SECONDARY MARKET • Selling and buying securities among investors after securities floated in the market
SECURITIES ISSSE • For the first time : IPO • Firms which are going public are called “emiten” (in Indonesia). • Role: • Investment banker/under-writer • Financial advisor • Legal consultants • Notary • Law firm • Auditors • Valuer • Seasonal Issues (Right Issues)
TRADING ON EXCHANGES • ORDERS: • LIMIT ORDER • BUY LIMIT ORDER • SELL LIMIT ORDER • MARKET ORDER • BUY MARKET ORDER • SELL MARKET ORDER
OTHERS DEFINITIONS: • SPECIALISTS • MARKET MAKER • MARGIN TRADING • SHORT-SALES • End