Investment Course for Beginners
Gain solid knowledge of the securities market and begin your investment journey today

Practical
knowledge
Mentor
support
Endorsed by the RA
Ministry of ESCS
“Entry to the Securities Market” course
The course is designed both for beginners and finance professionals
Target audience
- Beginnerswho want to take their first investment steps in the securities market
- Finance professionalswho need to deepen their knowledge in the securities market and investment services
Why join
- Comprehensive knowledgegain a complete understanding of the securities market and investment instruments
- Practical skillslearn to analyze independently and build your own investment portfolio
Limited seats available
Course Program
The course runs in two phases — group and individual — which will give you the comprehensive knowledge needed for making smart investment decisions in the securities market
- Macroeconomic view: Gross Domestic Product (GDP) and its components
- Savings, investments and economic growth
- Introduction to securities: main types of securities and their characteristics
- Historical overview
- The time value of money, present and future values, and their connection to investments
- Simple and compound interest: examples
- How is the price of a security (bond and stock) calculated?
- Inflation and monetary policy
- How are the bond (market) yields formed?
- Company's income and expenses, assets and liabilities
- Bond vs. stock: where are the hidden risks?
- Types of bonds and their features
- Calculating a bond's price
- Why is a bond price changing? coupon rate vs. market yield: practical examples
- The specifics of buying and selling bonds
- Types of stocks: preferred vs common stocks
- Shareholder structure: Class A and Class B shares
- Calculating the price of preferred shares: practical example
- Common stock price and dividends
- How to find the intrinsic value of a common stock: application of different methods
- Growth and Value stocks
- Expected return on bonds
- Credit ratings and bond yields
- Expected return on stocks
- Historical average performance of stocks: price return and total return
- Stock market indices. Beta
- How to calculate the return on an investment
- What risks do we face when investing?
- How securities are issued and listed: local and international markets
- Primary market participants and their functions
- Secondary market participants and their functions: stock exchange, market maker and broker
- Equity analysts and their specifics
- The main directions of macro analysis
- Index investing: exchange-traded funds (ETFs)
- GDP growth vs. Index ETF growth
- Analyzing Index ETFs: their main characteristics
- The role of gold
- Bond ETFs
- The sector and industry structure of the economy
- Economic and business cycles
- The AI sector value chain
- Selection of sector and industry ETFs
- Fundamental analysis of a sector (industry) and a company with a practical example
- How to apply AI tools during fundamental analysis
- Types of financial statements
- Financial ratios and their importance
- Which financial metrics affect a stock's price?
- Importance of company's future guidance
- Analysis of financial metrics with a practical example
- Where are the hidden risks
- How to apply AI tools during fundamental analysis
- Comparative analysis of stock price
- Investment rationale
- Setting a target price and investment horizon
- Which factors/metrics should I pay attention to when choosing a stock?
- Which factors/metrics should I pay attention to when choosing a bond?
- The impact of corporate actions (buybacks, splits, dividend payments) on a stock's price
- Determining the investment horizon
- Investment strategy: risk appetite
- Security selection and diversification
- Over-diversification
- Portfolio expected return and Beta
- Formulating an investment strategy
- Conducting fundamental analysis using AI tools
- Selecting securities based on fundamental analysis
- Building an individual investment portfolio
Key Course Details
Format
Online / Offline
Structure
11 group + 1 individual sessions
Duration
up to 2 months + after-course support
Group size
up to 4 participants
Language
Armenian (materials in Armenian and English)
Knowledge
theoretical and practical, use of AI tools

The course is guaranteed by the RA Ministry of Education, Science, Culture and Sport
Participants can receive an income tax refund of up to AMD 100,000 on the course fee.
Course price
income tax refund of up to AMD 100,000
Meet your Mentor

years of experience
Our goal is to make securities markets and complex financial concepts accessible - equipping you with the skills and confidence to invest wisely.
Gevorg Manukyan
Director and Instructor at Veritas Financial Education Center
- Extensive years of experience in investment banking
- Significant IPO deals in the local market
- Has helped dozens of students make smart investment decisions
- Individual investor and portfolio manager
Feedback from our students
“At Veritas I found recipes for optimal investment strategies, and I now feel much more confident in the investment field.”
Vahe
IT sector
“The course helped me thoroughly understand the securities market and the factors that affect it, which will help me make more informed and lower-risk investment desicions in the future.”
Vahram
IT sector
Frequently asked questions
No professional knowledge is required to take the course.
We cover both international and local securities markets; both will be available to you for investing.
Trading courses focus on technical analysis and short-term profit. We emphasize investing based on the fundamental analysis of the company, the sector, and macroeconomic indicators.
Yes, after successfully completing the course, participants receive a certificate of participation.
You will have your own investment portfolio, gain analytical skills, and receive ongoing support from our instructors.
You can start investing even with small amounts (for example, $50–100). What matters is the right strategy, which you will develop during the course.
Returns depend on market conditions and the strategy you choose. For example, index funds (S&P 500 ETF) have historically delivered about 10% per year, while funds run by experienced managers (e.g. Berkshire Hathaway) about 20–25% per year. With a targeted approach you can aim for higher returns, which implies higher risk, or stick to a conservative strategy.
No. Such returns are unrealistic and are often associated with financial pyramids or high risk. We do not promise unrealistic returns; instead we provide solid knowledge that you can use to make smart, balanced investments.
Register for the course
Fill out the form and we will contact you with the details.