This book provides students and professionals with an understanding of the role and activities of an equity security analyst within the investment process. Investment is one of the important segment of capital formation. Investment management encourages investor to participate in the security market. The mechanism of the security market is relatively technical and dealing in the market requires skill. An investment is an asset or item acquired with the goal of generating income or appreciation. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit. An investor sets aside some money today to realize the financial goals stated in the financial plan. How much money can be set aside now depends on the present circumstances. This can be understood by understanding the income, assets and liabilities of the individual investor. This book provides students with an elaborate introduction to the process of investing in financial assets. The book also takes the outlook of both an individual investor and an investment manager.