This book is for the students of investment management.An attempt has been made to make it simple and clear to read and understand. This book deals with the investment management for which security analysis is an essential ingredient. Securities are dealt with in the financial markets and in particular in the money and capital markets. These markets are subject to changes due to environmental forces and policy variations and a host of socioeconomic factors. In the current scenario, investing in stock markets is a major challenge even for seasoned professionals. And it is no surprise the investment management is a ‘tough’ subject for many students and even experienced professionals. This book covers the subject in 9 chapters are made according to the classification and coverage of the topic. It is a simple, student friendly book with many examples, solved illustrations.It is sincerely hoped that the book will be useful to the Individual Investors, CEO’s, Directors,Strategy Planners, Students and Faculty Members of BBM, MBA, M.Com, PGDM, PGDBM,in India and abroad. I invite critical comments and constructive suggestions from one and all for improvements in next edition of this book.