About Fundamental analysis

Fundamental analysis is a stock valuation methodology arrived at by performing security analysis. An appropriate security analysis forms the basis of successful investment decisions.

This module aims at providing a basic insight about fundamental analysis and various valuation methodologies used.

Why should one enroll in this course?
  • To have a basic understanding about fundamental analysis.
  • To learn the various valuation methodologies.
Who will benefit from this course?
  • Students who are interested in this subject
  • Investors & Traders Lobby
  • Financial Planners & Advisor's
  • House-wife’s
  • Analysts
  • Equity Research professionals
  • Bankers & its Employee’s
  • Teachers & Professionals
  • Employees of Stock Broking Company
Course Details

Duration: 30 hours (15 days)

Fees: Rs. 15000/-

Refund of fees: Rs.5000/- if examination cleared in first attempt.

Second attempt for examination additional: Rs. 2100/-

Contents of this course

DAY 1 – Fundamental Analysis: An Introduction
  • What is fundamental analysis?
  • Why is fundamental analysis relevant for investing?
  • Efficient Market Hypothesis (EMH)
  • Arguments against EMH
  • So, does fundamental analysis work?
  • Steps in Fundamental Analysis
DAY 2 – Brushing up The Basics
  • Concept of “Time value of Money”
  • Interest Rates and Discount Factors
    1. Opportunity Cost
    2. Risk-free Rate
    3. Equity Risk Premium
    4. The Beta
    5. Risk Adjusted Return (Sharpe Ratio)
DAY 3 – Understanding Financial Statements
  • Where can one find financial statements?
    1. The Director’s Report
    2. The Auditor’s Report
    3. Financial Statements
      1. Balance Sheet
      2. Income Statement
    4. Schedules and Notes to the Accounts
  • Cash Flow Statement
  • Financial Statement Analysis and Forensic Accounting
  • Comparative and Common-size Financial Statements
  • Financial Ratios
  • MARKET PHASES
  • Du-Pont Analysis
  • Cash Conversion Cycle
  • The Satyam Case and Need for Forensic Accounting
DAY 4 – Valuation Methodologies
  • Top-Down Valuation (EIC Analysis)
    1. Economy
    2. Industry
    3. Company
  • Discounted Cash Flow (DCF) Models
  • Dividend Discount Model (DDM)
  • FCFF and FCFE based DCF
  • Sum Of The parts (SOTP)
  • Price / Earnings Ratio
  • Price / Book Value Ratio
  • Enterprise Value / EBITDA Ratio
  • Price / Sales Ratio
  • Special cases of Valuation
    1. IPOs
    2. Financial Services firms
    3. Net interest margin (NIM):
    4. Firms with negative cash flows
    5. Acquisition Valuation
    6. Distressed Companies
DAY 5 –Recap & Revision
DAY 6 – Recap & Revision
DAY 7 – Recap & Revision
DAY 8 – Recap & Revision
DAY 9 – Recap & Revision
Day 10 – Recap & Revision
Day 11 – Recap & Revision
Day 12 – Recap & Revision
Day 13 – Recap & Revision
Day 14 – Recap & Revision
Day 15 – Recap & Revision

FAQ's

1. You are eligible for a refund until the course / specialization launches on the platform however kindly note 25% reduction will be done on the amount paid if applied for cancellation.

2. You are not eligible for a refund after earning a Course Certificate, even if you complete a course in a short period.

3. Rs.5000/- will be refunded as a token of reward if examination is cleared in first attempt.

Yes—to enroll in an individual course, search for the course title in the catalog.

Yes, kindly contact Nathani Finance

15 Days Classroom Training

1 Day for Examination

New Batch admission will start every month.

No specific background is required for this course, anybody can join having interest in this Industry.

Although you can take the courses in any order, however we do recommend that you follow the suggested sequence of courses

Yes, Successful candidates will be rewarded the Certificate by the below mentioned organisations post clearing the exams.

Nathani Institute Pvt. Ltd.

National Institute of Securities Markets
(or)

National Stock Exchange Ltd.