Fundamental Analysis Course

Fundamental Analysis Course in Mumbai · NCFM Certification Learn to value stocks like a professional analyst.

A practical, mentor-led 1½-month certification that teaches you to read the economy, industries and company financials — and judge a stock's true worth before you invest.

UPSIDE · FA
▲ +115.64%
OPEN · BasicsHIGH · ValuationTARGET · NCFM
1½ Months
Program Duration
NCFM
Fundamental Analysis Exam
Career
Investing · Research · Advisory
Mumbai
Dadar & Thane Branches
The syllabus

From the basics to a fundamentalyst's skill set, stage by stage

Switch between the three stages to see exactly what you'll learn — from the basics of fundamental analysis to reading financial statements and valuing a stock.

Foundations & Analysis Types

Where fundamental analysis begins

Course Curriculum

  • Introduction to fundamental analysis
  • Qualitative analysis
  • Quantitative analysis
  • Company's structure & revenue
  • Company's profit & loss
  • Consistency & growth of revenue
  • Company's debt
  • Corporate governance
  • Rate of turnover

Economic, Industry & Company Analysis

EIC analysis, top-down to the company

Course Curriculum

  • EIC analysis
  • Economic analysis
  • Industry analysis
  • Company analysis
  • Ratio analysis
  • Annual report of a company
  • Balance sheet
  • Profit & loss statements
  • Cash flow statement

Financial Statements & Valuation

Reading statements, ratios & screening stocks

Course Curriculum

  • Statement of changes in equity
  • Standalone & consolidated financials
  • Financial ratios
  • Financials of a financial services company
  • Financials of an insurance company
  • DCF valuation
  • Stock screening
  • NCFM Fundamental Analysis exam preparation
  • Certification of Fundamental Analysis
Fees

Simple, affordable pricing

One course, two ways to pay. Both cover the full 1½-month certification program.

Installment plan
₹18,000
  • Full 1½-month course
  • NCFM exam prep included
  • Pay in installments
  • Certificate on completion
Enquire about installments
Best value
One-time payment
₹16,000 save ₹2,000
  • Full 1½-month course
  • NCFM exam prep included
  • Single upfront payment
  • Certificate on completion
Enroll now
About the course

Find a stock's true worth before the market does

Fundamental analysis is the study of a company's financials, its industry and the wider economy to estimate an asset's intrinsic value — so you can tell whether a stock is overvalued, undervalued, or fairly priced.

This course builds a complete, practical skill set across economic, industry and company analysis, financial statements and valuation — and prepares you for the NCFM Fundamental Analysis exam.

What the program covers

A. Foundations of fundamental analysis
B. Economic, industry & company analysis
C. Financial statements & valuation
+ Stock screening & NCFM exam preparation
Why this course

Highlights of the program

Everything is geared toward making you a confident, independent stock-picker — from your first balance sheet to a completed NCFM exam.

🎓

NCFM certification

The course prepares you for the NCFM Fundamental Analysis exam alongside a course completion certificate.

📈

Built for long-term investing

Learn to pick fundamentally strong mid-cap and small-cap stocks for long-term wealth creation.

📰

Real news & data sources

Learn where and how to find the company news, data and disclosures that professional analysts rely on.

📊

End-to-end analysis

Cover the full process — economic, industry and company analysis through to ratio analysis and valuation.

🧲

Financial statement mastery

Read balance sheets, profit & loss statements, cash flow statements and annual reports with confidence.

⏱️

Job-ready in 6 weeks

A focused, practical program that takes you from the basics to a fundamentalyst's skill set in just 1½ months.

Who it's for

Who should do this course?

The course suits anyone who wants to judge a company's real worth — whether you're investing for the long term, studying, or building a second income.

Any individual above 16 years of age
Students & first-time investors
Housewives exploring investing
Those wanting a part-time income
Traders & investors
Anyone considering a career in the stock market
Learn with Upside

UPSIDE Stock Market Courses

Seven classroom courses, from beginner diplomas to specialised certifications in technical analysis, F&O and more — taught at our Dadar and Thane branches.

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1½ Months · 24+ Strategies

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Study past and present market data to analyse and select the right stocks for trading.

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The best starting point for beginners who want the stock market as a career — a full foundation in trading and investing.

+ Placement
6 Months · With Placement

Advance Diploma in Stock Market

An advanced program with placement support across the stock market field and financial institutions.

Certification
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Technical Analysis

In-depth charting and price action — learn to read and anticipate the next market direction.

Certification
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Fundamental Analysis

Understand economy, industry and company analysis to value stocks for the long term.

Strategies
1½ Months · 24+ Strategies

Options & Futures

Trade derivatives with confidence using over 24 strategies and disciplined risk management.

Certification
2 Months · Certification

Research Analysis

Study past and present market data to analyse and select the right stocks for trading.

Certification
1½ Months · Certification

Commodity Market

Learn how commodity contracts are traded and how to participate in the commodity market.

Career Track
4 Months · Beginner

Diploma in Stock Market (DSM)

The best starting point for beginners who want the stock market as a career — a full foundation in trading and investing.

+ Placement
6 Months · With Placement

Advance Diploma in Stock Market

An advanced program with placement support across the stock market field and financial institutions.

Certification
1½ Months · Certification

Technical Analysis

In-depth charting and price action — learn to read and anticipate the next market direction.

About the program

Fundamental Analysis Course in Mumbai — Dadar & Thane

The UPSIDE Fundamental Analysis certification course is a 1½-month program in Mumbai for anyone who wants to judge a stock's true worth before investing in it. Taught by experienced mentors at our Dadar head office and Thane branch, it also welcomes students from Navi Mumbai. Fundamental analysis is the study of a company's financials, its industry and the wider economy to work out whether a stock is trading above or below its real value.

What you learn

You begin with the basics of fundamental analysis and the difference between qualitative and quantitative analysis, along with a company's structure, revenue, profit & loss, debt, corporate governance and turnover. From there you move through economic, industry and company analysis, ratio analysis and how to read an annual report, balance sheet, profit & loss statement and cash flow statement. The course finishes with standalone and consolidated financials, the financials of financial services and insurance companies, DCF valuation and stock screening, plus preparation for the NCFM Fundamental Analysis exam. It pairs naturally with our Technical Analysis course, and the analytical foundation is shared with our Diploma in Stock Market.

Who it suits and where it leads

It is built for any individual above 16 years of age — students, housewives, working professionals, traders and investors — who wants to invest for the long term or build a part-time income. Because it starts from the basics, no prior experience is needed. On completing the course and the NCFM Fundamental Analysis exam you receive a certification, and you can continue with our Advance Diploma in Stock Market or a focused Technical Analysis certification.

Fees are ₹18,000 in installments or ₹16,000 as a one-time payment for the complete 1½-month program, including NCFM exam preparation. To check batch dates and get started, see our admission process or contact the team.

Your journey to successful trading begins here

Join Us Today

Speak to the UPSIDE team about batches, admission and the right course for your goals.

Frequently Asked Questions

Straight answers to the questions people ask most before joining a stock market class.

The Fundamental Analysis certification course runs for 1½ months (about six weeks) and is delivered through practical, mentor-led lectures covering economic, industry and company analysis through to valuation.
The course fee is ₹18,000 when paid in installments or ₹16,000 as a one-time payment. Both options cover the full 1½-month program, including NCFM exam preparation.
Yes — the course includes dedicated preparation for the NCFM Fundamental Analysis exam alongside a course completion certificate.
Anyone above 16 years of age can join — students, housewives, working professionals, traders and investors are all welcome, and no prior market experience is needed.
You'll learn EIC (economic, industry, company) analysis, how to read balance sheets, profit & loss and cash flow statements, ratio analysis, DCF valuation and stock screening. It pairs well with our Technical Analysis course.
Classes run at our Dadar head office and Thane branch, and we also welcome students from Navi Mumbai. See our Contact Us page for details.
Yes. The course starts from the basics of reading financial statements and builds up to ratio analysis, valuation and DCF, so no prior market experience is needed — anyone above 16 can join. Classes are held in person at our Dadar and Thane branches in Mumbai.
Fundamental analysis tells you what a business is worth, which suits long-term investors. Technical analysis helps you time entries and exits from charts, which suits traders. Many students take both, and the Diploma in Stock Market covers both in one program.
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