Learn Equity Research - From Zero to Research Analyst

Master the art of analysing Indian listed companies — practical, India-focused, taught by an NISM certified analyst with 8+ years experience.

Who Is This Course Built For?

If any of the following sounds like you — you are in the right place:

Finance student who has studied theory but never analysed a real company

Working professional in finance who wants to move into equity research

Self-taught investor who wants research-based investment decisions

Commerce or MBA graduate trying to break into research analyst roles

NISM Series XV preparer wanting practical learning alongside the exam

Anyone who needs a research analyst job and wants resume + interview prep

"Every example, every case study, every company analysis in this course is India-focused."

Amol Deshmukh

Your Instructor - Amol Deshmukh

I am Amol Deshmukh - an NISM (SEBI) Certified Research Analyst based in Kolhapur, Maharashtra, with 8+ years of experience in fundamental analysis of Indian listed companies across sectors.

My most recognised piece of work is a 102-page fundamental analysis study on Maruti Suzuki India Limited - appreciated by finance professionals and students alike on LinkedIn.

NISM XV NISM V-A NISM III-B 5,700+ LinkedIn 165+ Substack

Course Curriculum — What's Inside

What is equity research and why it matters, types of analysis, Indian market ecosystem (NSE, BSE, SEBI, AMFI), overview of financial statements, data sources (annual reports, BSE/NSE filings, screener.in, Tijori Finance)

Reading Annual Reports, business model analysis, Porter's Five Forces for Indian sectors, competitive moat analysis, management quality assessment (promoter background, corporate governance, pledging), SWOT analysis

Balance Sheet deep dive, P&L analysis, Cash Flow Statement, key ratios (ROE, ROCE, Net Profit Margin, EBITDA Margin, Current Ratio, Debt-to-Equity, Interest Coverage, P/E, P/B, EV/EBITDA), red flags and accounting manipulation signals in Indian companies

Intrinsic value vs market price, DCF analysis step by step, relative valuation and sector benchmarking, SOTP for conglomerates, building a financial model in Excel, common valuation mistakes

Structure of a professional report, executive summary, investment rationale, risk factors, formatting standards, workshop: guided analysis of a real Indian listed company

Resume building for equity research roles, ATS optimization, what hiring managers look for, presenting NISM certification on resume, interview preparation, frequently asked technical questions, stock pitch structure, mock interview framework

Course Details

Format
Online - live sessions + recorded modules
Language
English with Hindi explanations where needed
Audience
Students, working professionals, investors
Prerequisites
Basic financial statements knowledge helpful, not mandatory
Course Fee
₹20,000 (Lifetime recording access, early bird pricing for waitlist members)
Certificate
Course completion certificate from InvestFirst
Includes
All modules + Career module + Excel templates + Study notes

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Questions About the Course

Basic understanding of financial terms is helpful, but not mandatory. We start from the basics and build up.

No. The course is highly relevant for self-taught investors who want to make research-backed investment decisions.

Yes. 100% of the examples, case studies, and frameworks are tailored for Indian listed companies and the Indian market.

Yes, you will receive a course completion certificate from InvestFirst.

Absolutely. The sessions are planned keeping working professionals in mind, and lifetime recording access is provided.

InvestFirst

Invest First. Plan Smart. Grow Always.
Kolhapur, Maharashtra
amol@investfirst.co.in
+91 99601 47980

Services

SIP Investment
Lumpsum Investment
Term Life Insurance
Health Insurance
Personal Accident Insurance
NRI Mutual Fund Investment

Amol Deshmukh is an AMFI Registered Mutual Fund Distributor (ARN: ARN-220322) and a licensed Insurance Advisor under IRDAI regulations. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Insurance is the subject matter of solicitation. Past performance is not indicative of future results. The content on this website is for educational and informational purposes only and does not constitute investment advice. For investment advice, please consult a SEBI Registered Investment Adviser.

© 2026 InvestFirst | Amol Deshmukh | Kolhapur, Maharashtra

⚠️ Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.
AMFI Registered MFD | ARN: ARN-220322 | Insurance subject to terms & conditions of the policy.
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