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Vacancy in stock broking firm

Career In Stock Market

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Vacancy in stock broking firm

If you want to pursue your career in stock broking field, you should bless with patience with ambitious outlook and analytical mind. Good communication and interpretation are also the essential features to be successful stock brokers. All these attributes lead to make you the fit candidate for the well-paid job. Stock broking is the latest career field and demanding job discipline in the realm of business and commerce, which are speedily penetrating from metros to smaller towns.

A vital role in the stock market is being played by stock broker who are responsible for purchasing and selling of securities for clients- individuals and private organisations and institutions. Being a high risk field in business, it has in-depth employment potential.

Since, Indian economy is growing robustly and doing the business of billions and billions dollars, brokers are engaging specialists who are economists, accountants, finance manager, financial analysts, investment planners, financial planners and capital market analysts for the work of stock markets.

In the recent days, Indian stock markets have experienced multifarious developments due to International trading norms, lesser bureaucratic hurdles and more flow of Foreign Direct Investment FDI. Fluctuation is in the essence of stock broking market. A stockbroker buys or sells securities on behalf of institution or individual. Securities traders are the brokers who work for institution.

A stock broker should have a better update of market condition. To enter in the field of stock broker, the minimum qualification is graduation along with two years of experience in a reputed stock broking firm.

If you want to make your career in stock broking, you should have a sound knowledge of commerce, economics, business administration or finance. Some institutes are offering courses like stock broking, capital market, capital investment, investment planning, etc. MA in economics or commerce will also help the person in stock broking market.

MBA degree with specialisation in finance is beneficial. CFA and CA degree can be giving you a good start. Stock broking career prospect is full of exciting and challenge. Stockbroker offers financial counselling and financial portfolios to their clients. You make aware to your clients regarding securities, life insurance, corporate and municipal bonds, mutual funds and certificate of deposits.

There are 22 stock exchanges in India along with about 7, listed companies, brokers and investment bankers with SEBI. If you have passion of stock broking, the discipline offers you lucrative employment opportunities.

The career prospects in stock broking will further become rewarding when the International players of the field are allowed to do business in India. The meritorious brokers are being hired by International agencies and firms to carry out the insurance and business work. Due to affirmative initiatives by SEBI, there is a greater transparency in the system which makes the confidence high to the foreign investors, mutual funds and individuals.

Post LPG era, there are greater avenues in broker firms, insurance companies, mutual funds, investment consultancy, and financial institutions. Stock broking is a field where there is a greater risk of losing money or making a quick earning in a short period of time. You should have to be the guts of tolerating both the negative and positive consequences of the stock market field.

To become a registered stockbroker, one has to invest about Rs 2. Stock broking is a very volatile filed, so the stockbrokers need experienced specialists as economists, accountants, finance manager, financial analysts, investment planners, financial planners and capital market analysts to facilitate the work of stock markets.

As a stockbroker, one can also work as dealer, advisor or securities analyst. To have a grip in the field, you should be well aware of business finance, mathematics, accountancy, economics and computers. Employment opportunities for stock brokers are available at large broking firms, investment banks, mutual funds, investment consultancies, pension funds, and insurance companies.

If you have the ability to cope up work in a very strict schedule and cut throat competitive environment; prospect in stock broking is bright. The staring salary for the stockbroker is Rs 20, to 25, Having MBA with specialisation in finance or other business disciplines will take you at the higher slab. To get a better remuneration and good salary package, the stockbrokers should get specialisation in sale, marketing operation, HR and research.

However, for the experienced stockbrokers, the sky is not the limit. I have completed my HSC nd I m interested in stock market. And I want to learn nd jobs as stock broker. Leave a Reply Cancel reply.


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