Research Analysis Certification Course

Research Analyst Course in Mumbai · NISM Series XV Research the market like a professional analyst.

A practical, mentor-led 2-month certification that takes you through the full research process — from the securities market to valuation, risk and compliance — and prepares you to clear the NISM Research Analyst exam.

UPSIDE · RA
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OPEN · BasicsHIGH · ValuationTARGET · NISM XV
2 Months
Program Duration
NISM XV
Research Analyst Exam
Career
Broking · Advisory · Research
Mumbai
Dadar & Thane Branches
The syllabus

The full research process, stage by stage

Switch between the three stages to see exactly what you'll learn — from how the securities market works to writing a research report that stands up to scrutiny.

Foundations & Markets

The analyst's world & the securities market

Course Curriculum

  • Introduction to the research analyst profession
  • Role & responsibilities of an analyst
  • Qualities of a good research report
  • Introduction to the securities market
  • Terminology in the equity market
  • Terminology in the debt market
  • Fundamentals of research
  • Top-down vs bottom-up approach
  • Sources of information & data

The Analysis

Economy → industry → company

Course Curriculum

  • Economic analysis
  • Key economic indicators
  • Industry analysis
  • Company analysis — qualitative dimensions
  • Business & management quality
  • Competitive positioning
  • Corporate actions
  • Impact on shareholders & price
  • Reading disclosures

Valuation & Compliance

Value, risk, reporting & the rulebook

Course Curriculum

  • Valuation principles
  • Absolute & relative valuation
  • Arriving at a fair value
  • Fundamentals of risk & return
  • Risk in research recommendations
  • Qualities of a good research report
  • Legal & regulatory environment
  • Code of conduct for analysts
  • NISM Series XV exam preparation
Fees

Simple, affordable pricing

One course, two ways to pay. Both cover the full 2-month certification program.

Installment plan
₹22,000
  • Full 2-month course
  • NISM Series XV syllabus
  • Pay in installments
  • Exam preparation included
Enquire about installments
Best value
One-time payment
₹20,000 save ₹2,000
  • Full 2-month course
  • NISM Series XV syllabus
  • Single upfront payment
  • Exam preparation included
Enroll now
About the course

Turn raw market data into sound investment calls

Research analysis is the study of past and present market data to understand the economy, the markets and individual securities, and to select the right stocks and time entries and exits. It is the backbone of every credible buy, sell or hold recommendation.

This course follows the NISM Series XV: Research Analyst syllabus, so you build a complete, job-ready skill set — and prepare to clear the exam that opens doors at broking, advisory, institutional research and portfolio management firms.

What the program covers

A. Foundations of research & markets
B. Economic, industry & company analysis
C. Valuation, risk & regulation
+ Writing a quality research report & NISM Series XV exam prep
Why this course

Highlights of the program

Everything is geared toward making you a credible, employable research analyst — from your first valuation model to a polished research report and a cleared NISM exam.

🎓

NISM XV certification

The course is mapped to the NISM Series XV: Research Analyst syllabus and prepares you to clear the exam.

💼

Job-oriented

Get ready to work at broking, advisory, institutional research and portfolio management firms.

📊

End-to-end research

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

🧾

Valuation skills

Learn core valuation principles and the fundamentals of risk and return that drive every recommendation.

📝

Report writing

Understand what makes a quality research report and how analysts present a clear investment view.

⚖️

Regulation & ethics

Master the legal and regulatory environment that governs research analysts in India.

Who it's for

Who should do this course?

The course suits anyone aiming for a research-driven role in the markets — whether you're studying, switching careers, or sharpening your own investing.

Aspiring research analysts
Finance & commerce students and graduates
Those targeting the NISM Series XV exam
Working professionals eyeing a research career
Traders & investors who want deeper research skills
Anyone seeking a job in broking or advisory firms
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Technical Analysis

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About the program

Research Analysis Course in Mumbai — Dadar & Thane

The UPSIDE Research Analysis certification course is a 2-month, job-oriented program in Mumbai for anyone who wants to research stocks professionally and build a career in the markets. Taught by experienced mentors at our Dadar head office and Thane branch, it follows the NISM Series XV: Research Analyst syllabus and is a convenient option for learners across Navi Mumbai. Research analysis is the study of past and present market data to understand the economy, the markets and individual securities, and to identify the right points to enter and exit investments.

What you learn

You start with the research analyst profession and the securities market, then learn the terminology of the equity and debt markets and the fundamentals of research. From there you work through economic, industry and company analysis, corporate actions, valuation principles and the fundamentals of risk and return, before covering what makes a quality research report and the legal and regulatory environment analysts must follow. The course pairs naturally with our technical analysis and option trading courses, and the analytical foundation is shared with our Diploma in Stock Market.

Who it suits and where it leads

It is built for aspiring research analysts, finance and commerce students and graduates, working professionals and serious investors. Because it starts from the basics, no prior experience is needed. On clearing the NISM Series XV exam you become eligible to work at broking firms, advisory firms, institutional research firms and portfolio management firms. You can also continue with our Advance Diploma or dedicated NISM exam preparation.

Fees and enrolment

Fees are ₹22,000 in installments or ₹20,000 as a one-time payment for the complete 2-month program, including 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 course runs for 2 months and is delivered through practical, mentor-led lectures covering the full research process — from the securities market through to valuation, risk and compliance.
The fee is ₹22,000 when paid in installments or ₹20,000 as a one-time payment. Both options cover the full 2-month certification program, including exam preparation.
Yes. The course is built around the NISM Series XV: Research Analyst syllabus and prepares you to clear the exam, which is valuable for jobs and a research career.
It suits aspiring research analysts, finance and commerce students and graduates, working professionals, and traders and investors who want to research stocks more rigorously. No prior experience is required, as the course starts from the basics.
With the NISM Series XV certification you can work at broking firms, advisory firms, institutional research firms and portfolio management firms, among others.
Classes are conducted at UPSIDE's Dadar head office and Thane branch in Mumbai, with options that also suit learners from Navi Mumbai.
Yes. Under the SEBI (Research Analysts) Regulations, individuals who prepare research reports or recommendations must hold the NISM Series XV Research Analyst certification. This course prepares you for that exam while teaching the practical research process.
Yes. The course is built around equity research — analysing companies, industries and the economy and turning that analysis into a written research report — taught in person at our Dadar and Thane branches in Mumbai.
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