BEST CAREERS IN STOCK MARKET IN INDIA
Are you interested in stock market and want to know which are the best careers in stock market ? Well, this article is for those people who wants to make a career in stock market.
The Indian stock market just like any other stock market in the world has been volatile over the past years. A stock market or in common words share market, is a place where buyers and sellers trade their ownership rights of a company. The trade takes place on specified time 5 days a week. Share prices are constantly changing due to the factors such as supply and demand.
Returns in stocks are greater than other financial instruments and so is the risk. People can make fortunes here but if necessary risk precautions are not taken, they can lose all their money too.
Read: 10 Best Books on Indian Stock Market for Beginners
Opportunities and careers in stock market are endless but so is the effort required to excel. There are a lot of high paying stock market jobs. People can invest their own money in the stock market or can manage the funds of other people.
Best Careers in Stock Market in India
There are quite a few different types of careers in stock market. Most of these require basic to advanced level knowledge of finance. Some are jobs and some can fall under self-run businesses. Following is the detail of these high paying stock market jobs.
Stock Broker
- Education Qualification for Stock Broker- Graduation+ 2 years of experience in a stockbroking firm.
- Education Qualification for Sub-Broker- Clear Class 12th
Whenever the term stock market appears, a stockbroker is one of the first things that comes to mind. It is one of the most common careers in stock market. A stockbroker serves as an intermediary between the company and the buyer of shares of said company.
The stockbroker is a trading representative who manages the trades of its customers and may give financial and/or investment related advice. You have to clear NISM exam and get a license from SEBI to become a stockbroker. You can get opportunities in stockbroking firms if you are interested in becoming a stockbroker.
Professional Stock Investor or Trader
- Education Qualification- No strict qualification required.
People have been seen to make fortunes by investing in the stock market but also some have lost all their money due to greed and lack of knowledge. As you know only 20% of investors earn a profit, the rest 80% lose their money in the stock market. Proper risk-managed investment in the stock market can give high returns to investors if they know what they are doing.
It is one of the jobs in stock market for freshers with basic knowledge of finance and stock market as well as some study of a few companies. It can be a high earning career in the stock market. You need a lot of patience to understand the world of stock market to become a successful trader or investor.
Investment Advisory Services
- Education Qualification- Graduation in (Finance or Commerce)+ 5 years of experience in any financial institutions.
For careers in stock market, one can choose to be an advisor. An investment advisor is a person of a group of persons who analyze the market and give proper advice regarding sale and purchase of shares to their customers. This requires high study of the market volatility. If you have a strong networking ability and provide good financial planning services then you can make a lucrative career as an Investment advisor. It is mandatory to clear NISM Investment Advisory Certification exam to apply for the SEBI registered investment advisor.
Portfolio Manager
- Education Qualification- CA, CFA or MBA Finance
A portfolio manager provides PMS-Portfolio Management Services to its clients. It is a highly chosen career in stock market. These services include managing the clients’ assets, buying, selling and trading to provide a promised return on investment. One of the stressful jobs in the stock market as it requires good analytical skills and understanding of the market. You can get job opportunities in AMC, Investment banks or brokerage firms.
Market Analyst
A market analyst studies the variations in the market, its volatility, past prices and extracts data from news and predicts the future levels of the market. It is a speculative job and requires much attention to detail and foresight. It is also one of the best careers in stock market.
If you want to know more about high paying stock market careers visit our website.