Skip to content
Ucanlyfor Education
Back to courses
IntermediateStock Market and Investment Analysis8 weeks
Certificate IncludedCertificate EligibleUcanly certificate

Stock Market and Investment Analysis: Intermediate

From beginner to independent analyst: industry analysis, DCF valuation, equity research, technical strategy, and quantitative backtesting.

Duration
8 weeks
Level
Intermediate
Content
47 lessons
8 modules · 14 h 30 min
Certificate
Included
On completion
Access
Fee by email
Or take the free aptitude test

What you'll learn

Analyze an industry before a company, using competitive analysis, Porter's forces, and economic moats
Assess quality of earnings, common size and trend analysis, working capital, and return ratios with DuPont decomposition
Build a discounted cash flow model, apply relative valuation and comparables, and value special situations
Structure a real equity research report with a bull and bear case, catalysts, risks, and a defensible recommendation
Produce a complete equity research report on a real company with a defended investment recommendation
Build and manage rule based trading strategies with disciplined entry, exit, and risk reward logic
Use Python and Pandas for investment analysis, build factor screeners, and backtest strategies honestly
Guard against overfitting, survivorship bias, and backtest lies, and judge strategies with Sharpe ratio and drawdown
Build and defend a full backtested strategy and managed simulated portfolio across Indian and global markets

Who this course is for

  • Beginner level graduates ready to move into independent equity research and analysis
  • Students and working professionals who want structured, analyst level valuation and research skills
  • Anyone preparing for equity research analyst or finance interviews
  • Anyone who wants a disciplined, quantitative framework for testing strategies before risking real money

Skills you'll gain

Intermediate InvestingEquity ResearchInvestment AnalysisIndustry AnalysisPorters Five ForcesEconomic MoatQuality of EarningsFinancial ModellingROE and ROCEDuPont AnalysisValuationDCF ModelRelative ValuationInvestment ThesisTechnical AnalysisTrading StrategyRisk RewardPython for FinanceStock ScreeningFactor InvestingBacktestingOverfittingSharpe RatioDrawdownPortfolio ConstructionPaper Trading

This course includes

Live mentor led Ucanly sessions plus self paced recorded content, fully online
All practical work done through valuation models, historical backtesting, and simulated portfolios, no real money at risk
A minor project producing a full equity research report with a defended recommendation by week six
A major project building a backtested strategy and managing a simulated portfolio by week ten
Ucanly research and portfolio review, mock analyst and finance interviews, and a personalized roadmap to the Advanced level
Certificate of Completion from Ucanly

Course content

8 modules · 47 lessons · 14 h 30 min

Industry and business analysis, advanced financial statement analysis, valuation the analyst's core skill, equity research and the investment case, a minor project writing a full equity research report, technical analysis and trading strategy, quantitative screening and backtesting, and a major project backtesting a strategy and managing a portfolio.

Requirements

  • Completion of the Stock Market and Investment Analysis Beginner level, or working knowledge of financial statements, basic ratios, fundamental analysis, and portfolio basics
  • A computer capable of running Excel or Google Sheets and Python
  • Comfort with basic financial statement concepts

About this course

Stock Market and Investment Analysis with Ucanly, Level 2 Intermediate, takes you from beginner to independent analyst. This is an educational program in financial analysis. Ucanly and its mentors are not registered investment advisors, this course is not investment advice, and nothing in it is a recommendation to buy or sell any security. All markets carry genuine risk of loss, and every project in this level uses simulated data, historical data, backtesting, and paper trading only, with no real money. Built for practitioners who have completed the Beginner level or have working knowledge of financial statements, basic ratios, fundamental analysis, and portfolio basics, this program goes deep into industry and competitive analysis, quality of earnings, and DCF and relative valuation. In your minor project in week six, you will produce a complete equity research report on a real company, with an industry and moat analysis, a full three statement understanding, a DCF and relative valuation, a target range, risks, and a defended investment recommendation. You will then build rule based trading strategies, learn Python for investment analysis, and backtest strategies honestly while guarding against overfitting and survivorship bias. You will graduate having built a full backtested strategy and managed simulated portfolio in your week ten major project, across Indian and global markets, with a written strategy, historical backtest and metrics, risk controls, live paper tracking, and a live review defended to Ucanly mentors.

Earn a Ucanly certificate

Complete this course to earn a Ucanly certificate with its own page and QR code. Save it as a PDF, share its link, or add it to the certifications on your LinkedIn profile.

Certificate IncludedCertificate EligibleUcanly certificate

Frequently asked questions

No. This is an educational program in financial analysis. Ucanly and its mentors are not registered investment advisors, this course is not investment advice, and nothing in it is a recommendation to buy or sell any security. Real financial decisions should be based on your own judgement and, where needed, a SEBI registered adviser.

It is recommended, but working knowledge of financial statements, basic ratios, fundamental analysis, and portfolio basics is sufficient to start.

Yes, your minor project is a complete equity research report on a real company, with an industry and moat analysis, a full three statement understanding, a DCF and relative valuation, a target range, risks, and a defended investment recommendation.

A full backtested strategy and managed simulated portfolio across Indian and global markets, with a written strategy, historical backtest and metrics, risk controls, live paper tracking, and a live review defended to Ucanly mentors.