Valuation Principles

Introduction

Why valuation is required

DCF - I

DCF - II

Price value sense

Dividend yield and DPS

Earnings yield and EPS

EV/EBITDA and EV/Sales

Asset-based valuations

ROE and PBV

ROCE and EV

Trading and transaction multiples

Sum of the parts

New age valuations

Objectivity of valuations

Summary

Quiz - X

Introduction - I

Introduction - II

Introduction to Research Analyst Profession

What is a research analyst

Responsibilities of a research analyst

Qualities of a research analyst

Quiz - I

Introduction to Securities Market

Key concepts

Mutual funds

Hybrid products

Structure of securities market

Primary and secondary market

Risk management

Market participants - I

Market participants - II

Kinds of transactions - I

Kinds of transactions - II

Kinds of transactions - III

Quiz - II

Terminology in Equity and Debt Markets

Introduction to equity and debt

Key equity concepts - I

Key equity concepts - II

Key debt concepts - I

Key debt concepts - II

Types of bonds - I

Types of bonds - II

Types of bonds - III

Types of bonds - IV

Quiz - III

Fundamentals of Research

What is investing

Key learnings for investors

Fundamental analysis

Technical analysis

Quiz - IV

Economic Analysis

Economic analysis and principles of microeconomics

Principles of macroeconomics

National income

Savings and consumption

Unemployment and foreign flow

Fiscal policy

General Anti-Avoidance Rules (GAAR)

Monetary policy

International trade

Globalization and sources of information

Quiz - V

Industry Analysis

Introduction and role of industry analysis

What is industry

Industry cyclicality

Market size

Secular trend and value migration

Business life cycle

Potter's 5 forces - I

Potter's 5 forces - II

Potter's 5 forces - III

Potter's 5 forces - IV

PESTLE analysis

BCG analysis

Structure Conduct Performance (SCP) Analysis

KPI Driver

Regulations

Taxation

Quiz - VI

Company Analysis – Business and Governance

Introduction and role of company analysis

Understand business and business model

Pricing power

Competitive advantages

SWOT and quality of management

Risk in business and history of credit rating

ESG frameworks

Quiz - VII

Company Analysis – Financial Analysis

Balance sheet

Profit and loss statement

Cash flow statement

Notes to accounts

Quality of accounting

Ratios - I

Ratios - II

Forecasting using ratios

Peer comparison

Other aspects to study from financial reports

Dividends and earnings history

Quiz - VIII

Corporate Actions

Philosophy and dividends

Right issues and bonus shares

Stock split and stock consolidation

Merger and acquisition

Loan structuring

Buyback of shares

Delisting of shares

Quiz - IX

Fundamentals of Risk and Return

Introduction to Return on Investment

Simple, annualized and compounded return

Risk in investments - I

Risk in investments - II

Measuring risk

Margin of safety

Risk-adjusted returns

Behavioral biases

Liquidity of stocks

Quiz - XI

Qualities of a Good Research Report

Qualities of a good research report

Types of research

Checklist based approach

Quiz - XII

Legal and Regulatory Environment

Regulators

Important regulations - I

Important regulations - II

Important regulations - III

Code of ethics and disclosures

Surveillance mechanism

Investor charter and complaint disclosure

Quiz - XIII

Project

Ashish D. Godse is an MBA graduate and CFA Charterholder with 15+ years of experience in finance. He has over a decade of teaching experience, including 4 years as a finance professor at a premier B-school. Currently, he works as a Research Analyst for an American firm. With expertise in Financial Modeling, Valuation, Equity, Derivatives, and Corporate Finance, he simplifies complex financial concepts, making learning engaging and practical.

​This course is structured to help you clear the NISM-Series-XV: Research Analyst exam by covering all essential topics. You will also learn key economic concepts, fundament and technical analysis, company valuation methods, risk assessment, and the impact of corporate actions. You will learn how to make a good research report and get access to practical questions that will make you ready for the exam. In Lesson 1, Introduction, you will get a quick overview of the course. In Lesson 2, Introduction to Research Analyst Profession, you will learn about the responsibilities of a research analyst and the key qualities needed to excel in this role. In Lesson 3, Introduction to Securities Market, you will explore key concepts such as market structure, participants, and various types of transactions. In Lesson 4, Terminology in Equity and Debt Markets, you will learn the key concepts of equity and debt markets. In Lesson 5, Fundamentals of Research, you will explore the techniques of technical and fundamental stock analysis. In Lesson 6, Economic Analysis, you will understand key economic concepts and learn to analyze markets using economic factors. In Lesson 7, Industry Analysis, you will explore industry evaluation through cyclicality, Porter's 5 forces, and PESTLE analysis, along with the impact of regulations and taxation. In Lesson 8, Company Analysis – Business and Governance, you will learn to analyze the company using qualitative factors like competitive advantages, SWOT analysis, and ECG framework. In Lesson 9, Company Analysis – Financial Analysis, you will learn to evaluate a company using quantitative factors such as the profit and loss statement, balance sheet, financial ratios, and peer comparisons. In Lesson 10, Corporate Actions, you will learn how corporate actions affect stock prices and investor decisions. In Lesson 11, Valuation Principles, you will learn different valuation methodologies used to assess a company's worth. In Lesson 12, Fundamentals of Risk and Return, you will learn various measures of risks and return. In Lesson 13, Qualities of a Good Research Report, you will explore different types of research and key attributes that make a research report effective. In Lesson 14, Legal and Regulatory Environment, you will learn about important regulations and the importance of ethics. In Lesson 15, Project, you will apply what you have learned to create a comprehensive research report. Course Highlights : - Responsibilities and key qualities of a research analyst - Important concepts related to the securities market - Basics of equity and debt market - How to do fundamental and technical analysis - Key concepts related to economic analysis - Industry analysis and Porter's 5 forces - How to do qualitative and quantitative analysis of companies - Impact of corporate actions - How to do company valuations - Measures of risk and returns - How to make good quality research reports - Practical application through quizzes Who is this course for : - Anyone who wants to become a research analyst - Students and beginners preparing for the NISM-XV examination - Individuals looking to build a career in equity research - Beginners who want to build a strong foundation in finance

NISM-XV: Research Analyst

STOCK_MARKET

Learn key economic concepts, fundament and technical analysis, company valuation methods, risk assessment, and the impact of corporate actions.

NISM-XV: Research Analyst Course | Upsurge.club