ValuevadeStep 01 · Personalise
A personalised path, not generic content
Tell us where you're starting from and where you want to go. Your course adapts to you, instead of dumping the same content on everyone.
VALUEVADE · Equity Research
You learn equity research the way it actually works in India: under Ind AS accounting, inside SEBI's rulebook, on companies that trade on the NSE and BSE. Across 100+ hours of video and three full capstone projects, you go from "what is a balance sheet" to building complete financial models and valuations on real listed names like HUL, Nestle India, Dabur, DMart, Bharti Airtel, and Reliance Jio. The program does not stop at spreadsheets. A dedicated AI for Finance module, built around a 66 prompt library and real analyst workflows, gets you genuinely fluent in AI tools, not just aware of them. And because knowing the work is not the same as getting hired for it, a full career acceleration stack is built in too: AI mock interviews, a resume and LinkedIn overhaul, and soft skills coaching, all designed to 10x your career, not just decorate your resume. You are never stuck along the way either. Pari, your 24/7 AI tutor, is there the moment you have a doubt, and the whole course is built to be interactive and genuinely engaging, not another stack of lecture videos you forget to finish. No prior finance background required. You start from zero and finish job ready.
20 modules215 sessions100+ hrsBeginner
₹4999 lifetime · No subscription
All resources included with your courseTemplates, HR database, AI workflows, prompts & more
20
Modules
215
Sessions
100+h
Hours of Content
3
Capstones
BUILT AROUND YOU · POWERED BY AI
Not a generic course. A course tailored to you.
Your ambitions are personal. Your learning should be too. We use AI to create a personalised learning path from the course curriculum, shaped around your background, current skills and career goals.
Your background Your goals Your path
Your starting point matters
Your finance background, Excel skills and career goals are the starting point. A beginner and an experienced analyst should not have to follow the same path.
AI shapes your learning path
Your answers help AI tailor the modules and sessions in your course, reducing topics you already know and focusing on the skills you want to build.
A course that makes sense for you
Review your personalised path before you begin. Keep the foundations you need and move towards your goals, with a clearer focus on what comes next.
INCLUDED WITH YOUR COURSE
Your complete finance resource library.
Get access to all resources with your course enrolment. Go beyond the lessons with practical templates, an HR database, AI workflows, prompts and tools for your next finance opportunity.
HR & recruiter database
Research finance employers and plan relevant outreach with an HR and recruitment directory.
Financial modelling templates
Excel starting points for financial statements, forecasts, assumptions and scenario analysis.
Equity research templates
Structure company analysis, investment theses and evidence-led research reports.
AI agents workflows
Workflow templates for AI-assisted research, financial analysis and human review.
Prompts library
Finance-focused prompts for research, modelling, analysis and interview practice.
Finance projects templates
Project frameworks to turn your analysis into clear, portfolio-ready deliverables.
Interview prep templates
Organise technical preparation, behavioural examples, stock pitches and mock-interview reviews.
Sector study frameworks
Map an industry’s value chain, competitive landscape, business drivers and key risks.
Valuation & stock pitch templates
Build a clearer valuation story with comparable-company analysis, scenarios and a concise stock pitch.
And more from the Valuevade resource library.
AI workflow templates support learning and practice. Custom AI agent implementation is a separate service.
What you'll be able to do
- How to read and decode Indian annual reports end to end
- Building 3-statement financial models from scratch
- Running a full DCF valuation with WACC and terminal value
- Relative valuation using P/E, EV/EBITDA, P/B, and sector-specific multiples
- Identifying red flags in financials and management commentary
- Structuring a professional equity research report
- Conducting primary and secondary industry research
- Assessing competitive moats and management quality
- Performing sensitivity and scenario analysis on your models
- Crafting a compelling 1-page stock pitch for interviews and competitions
- Navigating Indian market data sources — Screener, Tijori, BSE/NSE filings
- Understanding how sell-side and buy-side research differ
- Writing a complete equity research report
- Use AI tools and prompts to speed up your research and modelling, the way analysts do
- Walk into an interview with three capstone projects and a NISM credential as proof of work
- Handle technical, aptitude, and behavioural interview questions with real confidence
The Transformation
What happens after you take this course
Before Valuevade
₹4 LPA
Typical entry-level offer with no specialised skills
- Just a degree
- No hands-on projects
- No interview practice
- Generic, empty resume
After Valuevade
Up to ₹12 LPA
Analyst-track potential with a completed portfolio
- 3 portfolio-grade capstone projects
- NISM Series XV certification prep
- Scored AI mock interview practice
- A recruiter-ready, project-backed resume
Illustrative entry-level vs analyst-level compensation for equity research roles in India. Actual offers vary by employer, city and profile.
Your Roadmap
How you get there, step by step
Step 02 · Learn
Learn by doing, not just watching
Video lectures, structured notes, quizzes, simulations and real-world case studies, backed by a 24/7 AI tutor that solves your doubts instantly.
Step 03 · AI Edge
Master AI for finance
Learn to use AI as your edge in equity research and modelling, so you're working with it, not getting replaced by it.
Step 04 · Certify
NISM certification prep
Structured, syllabus-mapped preparation for the NISM Series XV exam, built into the course, not sold separately.
Step 05 · Build
Build real-world projects
Ship projects that actually impress recruiters. You leave with certification, skill and a portfolio, all three, not just one.
Step 06 · Present
Resume, LinkedIn & soft skills
A guided walkthrough to fix your resume, LinkedIn and interview soft skills, the stuff that 10x's how recruiters see you.
Step 07 · Interview
AI mock interview prep
Full, scored interview simulations run by AI, repeatable as many times as you need until you walk in confident.
Step 01 · Personalise
A personalised path, not generic content
Tell us where you're starting from and where you want to go. Your course adapts to you, instead of dumping the same content on everyone.
Step 02 · Learn
Learn by doing, not just watching
Video lectures, structured notes, quizzes, simulations and real-world case studies, backed by a 24/7 AI tutor that solves your doubts instantly.
Step 03 · AI Edge
Master AI for finance
Learn to use AI as your edge in equity research and modelling, so you're working with it, not getting replaced by it.
Step 04 · Certify
NISM certification prep
Structured, syllabus-mapped preparation for the NISM Series XV exam, built into the course, not sold separately.
Step 05 · Build
Build real-world projects
Ship projects that actually impress recruiters. You leave with certification, skill and a portfolio, all three, not just one.
Step 06 · Present
Resume, LinkedIn & soft skills
A guided walkthrough to fix your resume, LinkedIn and interview soft skills, the stuff that 10x's how recruiters see you.
Step 07 · Interview
AI mock interview prep
Full, scored interview simulations run by AI, repeatable as many times as you need until you walk in confident.
You end up with certification, skills, projects and interview reps, everything you need to be job-ready.
Where This Takes You
Career opportunities after this course
Equity Research Analyst — Brokerage / Sell-Side
Equity Research Associate — Buy-Side (AMC, PMS, AIF)
Investment Analyst — Boutique Advisory / PE
Credit Research Analyst
Freelance / Independent Equity Analyst
Corporate Finance & Strategy Roles
PRACTICAL SKILLS
Skills you actually build. On real projects.
Every module ends in a portfolio-grade project on a real Indian company, not a quiz score, but something a recruiter can open.
Valuation
Build a full DCF model
Build a discounted-cash-flow valuation on Reliance from its Ind AS statements, forecasts, WACC, terminal value and a defensible fair value.
Research
Initiating-coverage report
Write a full coverage note with a rating, target price and investment thesis, the kind a desk actually publishes.
Analysis
Financial ratio analysis
Ratio-analyse HDFC Bank across profitability, leverage and efficiency, then defend what the numbers mean.
Deals
LBO & M&A model
Model an LBO on Tata Steel with debt schedules and returns, and read the story the IRR tells.
AI Capstone
AI research copilot
Build a working AI copilot that pulls filings and drafts first-cut notes, proof you direct AI, not compete with it.
Try Free, No Account Needed
Experience 2 full sessions, video, notes, quiz and simulation, before committing. No sign-up required.
The full syllabus, module by module
Be the first to complete this module
The Balance Sheet — What a Company Owns and Owes25min
The Income Statement — The Story of Profit25min
The Cash Flow Statement — Why Profit Isn't Cash25min
The Rules of the Game — Accounting Principles & Ind AS25min
Economics for Analysts — The Forces Behind the Numbers25min
Capstone deliverables (after all modules)
C1Capstone 1: Full initiating-coverage report on a listed Indian company
C2Capstone 2: Sector coverage note
C3Capstone 3: Build a working AI equity research copilot
How the course works
Every session follows the same loop: interactive notes → adaptive quiz → hands-on simulation, with Pari available in context at every step. Simulations come in three formats, interactive Excel (formulas, drag-fill, VLOOKUP, multi-sheet; auto-graded), branch-based decision scenarios, and applied reading with quizzes. The Study Planner takes your deadline or daily-hours budget and schedules all 239 sessions; progress, streaks, XP and doubt history persist if you pause. Excel simulations are desktop/laptop-only.
Certificate & external standards
Valuevade Certificate of Completion
A PDF issued in your full name with the completion date and a unique certificate ID, the moment you finish all three capstones. Formatted for LinkedIn's Licenses & Certifications field.
NISM Series XV (Research Analyst)
The curriculum maps to the exam syllabus so you can sit the SEBI-established NISM exam with confidence. Valuevade prepares you for it; the NISM certificate itself is earned by passing NISM's exam.
§07 // TRUSTTRANSPARENCY · INSTRUCTOR · STANDARDS
TRANSPARENCY
Who built this, and why you can trust it
01 · INSTRUCTOR
The program's 100+ hours of video lectures are designed and taught by Saarthak Bhatia, who built the full course content end-to-end. Every module is scripted and recorded before release. Saarthak is a qualified Chartered Accountant (CA), US Certified Management Accountant (CMA US) and ACCA (UK), a triple-credential accounting and finance stack, with close to five years of teaching experience across Grant Thornton Bharat (Learning GT), FinTram Global, Zell Education and QuintEdge, and earlier at The Narayana Group and Byju's Learning App.
CA · CMA US · ACCA (UK)~5 YRS · TEACHING
02 · STANDARDS
The curriculum maps to the NISM Series XV (Research Analyst) exam syllabus, so what you learn is checked against external standards, not just our own.
NISM SERIES XVEXTERNALLY ANCHORED
Final Track Output
What you'll walk away with
C1
Initiating-Coverage Report
Company analysis, three-statement model, DCF and comps valuation, and a full recommendation write-up on a listed Indian company.
Sample preview, student capstone
C2
Sector Coverage Note
Industry structure, comparables set, and a house coverage view, written to sell-side conventions.
Sample preview, student capstone
C3
AI Research Copilot
A working research tool you built end-to-end, the portfolio artefact that demonstrates you can deploy AI, not compete with it.
Sample preview, student capstone
YOUR INSTRUCTORS
Learn from people who’ve done the job.
Not full-time content creators. Practitioners who build models, run coverage and hire analysts.
01
Utkarsh Maru
Lead Instructor: Equity research course
CA | CFA | FRM | CIPM | CCRA
02
Sarthak Bhatia
Instructor: Equity research course
CA | CMA US | ACCA | Ex- The Narayana Group Ex-Byjus Learning App
THE PROOF WALL
Real students. Real wins.
Finally a platform that doesn't just dump content at me. The roadmap showed me exactly what I was missing for my AM interviews.
PS
Priya S.
CFA L1 Candidate, Delhi
The job simulation for equity research was the closest thing to actual work I'd done before my internship. My interviewer was genuinely impressed.
AM
Arjun M.
MBA Finance, Mumbai
I wasted 6 months on random YouTube courses. Valuevade gave me a clear path in 10 minutes.
TR
Tanvi R.
B.Com Final Year, Pune
The AI mock interview grilled me harder than my real interview did. By the time I sat in the actual room, nothing surprised me.
KV
Karthik V.
Aspiring Risk Analyst, Bengaluru
I came from a non-finance background and still built a full DCF on Reliance. The capstone is now the best thing on my resume.
AD
Ananya D.
Non-finance grad, Hyderabad
Practising on Ind AS statements and SEBI filings made the difference — my modelling finally looked like real deal work.
RB
Rahul B.
CA Inter, Jaipur
Frequently asked questions
Last updated: 25 August 2026
Equity Research Analyst
Master the complete equity research workflow — from reading financial statements to building DCF models and writing investment reports that get noticed on the Street.