NISM-15 (Research Analyst Certification)
Created by
Ashish Godse
Categories
Fundamental Analysis
Overview
Curriculum
Instructor
FAQs
The NISM Series XV: Research Analyst Certification is a regulatory requirement for individuals looking to become SEBI-registered Research Analysts or those who provide investment advisory and research-related services in the securities market. The course is designed to equip professionals with the necessary skills to effectively evaluate securities, interpret financial data, and make informed investment recommendations based on both qualitative and quantitative research.
This certification will cover essential concepts such as the role of a research analyst, the structure of financial markets, and different methods used to analyse stocks, bonds, and other financial instruments. Participants will also gain a solid understanding of ethical responsibilities, regulations, and best practices that guide the conduct of research analysts in the financial services industry.
The course will delve into key areas such as fundamental and technical analysis, risk management, portfolio evaluation, and financial modelling. By the end of the program, participants will be well-versed in making data-driven investment decisions, conducting thorough equity research, and presenting their findings in a professional manner.
Who is this course for?
This course is ideal for:
- Aspiring research analysts who want to register with SEBI.
- Financial advisors, wealth managers, and consultants who wish to expand their services by offering research-based advice.
- Existing professionals in the securities industry seeking to enhance their research capabilities.
- Anyone looking to pursue a career in financial research and analysis.
The NISM Series XV certification is a must-have credential for those wishing to build a career in the ever-evolving and competitive world of investment analysis and advisory services.
Is This Course Certified?
Yes, you can receive two certifications upon successful course completion:
- Certificate from FPA Edutech after passing two tests with scores of 70% or above.
- Certificate from NISM upon registration and passing the NISM certification exam.
- Course Structure
2. Introduction to Securities Market
3. Terminology in Equity and Debt Markets
4. Fundamentals of Research
5. Economic Analysis
6. Industry Analysis
7. Company Analysis – Business and Governance
8. Company Analysis – Financial Analysis
9. Corporate Actions
10. Valuation Principles
11. Fundamentals of Risk and Return
12. Qualities of a Good Research Report
13. Legal and Regulatory Environment

Ashish Godse
He has more than a decade of teaching experience at various institutions including 4 years as professor of finance in a premier B-school. He is currently working as Research Analyst for an American firm.
As a seasoned educator and industry professional, Ashish brings a wealth of knowledge and practical insights to the classroom, making complex financial concepts accessible and engaging for his students. He has specialization in Financial Modeling, Valuation, Equity, Derivatives, and Corporate Finance.