In this article, we will know about the different career options in the Indian stock market. Stock market has opened a lot of job opportunities recently. This market is growing big day by day , paving way for new technologies , innovations , and job creations coming up at very rapid pace. People from all backgrounds ,whether it is science, business or arts, are showing more interest in the Stock Market now.
Many people are also opting to become a financial market associate and work independently. A well-known number of Startups are setting up innovative plans to make disruptions in the Indian securities Market. Here are a few career options in the Indian stock market that you can pursue.
Research Analyst is one of the best career options these days. As a research Analyst ,you have to research the stocks to help fund managers make right decisions to manage available financial assets. The top financial service companies in India look for people who have completed their graduation in MBA finance from Tier 1 institutes and the education criteria is same as required for Investment advisory.
Portfolio Management Service
A mutual fund investor’s investments are managed by an experienced and skilled portfolio manager. If you are good at managing money and have good understanding of the Financial Market, then portfolio management can be a good career. To become a portfolio manager , you require a professional qualification like CA, CFA or MBA in Finance. You may also need experience of at least 10 years working in the Finance field. To become a Portfolio Manager, it is best to start working in the Stock market as analyst and slowly learn the nuances of Portfolio management and risk analysis over years .
Stock Market Training Institutes
With lakhs of Indians coming to equity markets and investing for the first time, there is big demand for Stock Market Training in different aspects of trading and Investing . If you are an educated professional or trader having good experience in stock market , or you have past experience of working at big Investment banks, it can help you leverage your knowledge to start a training institute . You can also launch online courses in sites like Udemy or launch your own website for same
The stock brokers provide trading and Demat account to trade or invest in stock market. As many people are showing interest in Investing or trading, you can easily build a career as a stockbroker.It may seem a bit capital intensive however you can start with being Authorized partner (similar to Franchisee) for some broker, and slowly over the years learn stock broking business
You will get your license from the SEBI if you clear NISM exams. Else, you don’t need a strict eligibility criteria in terms of academics to become a Stock Broker or open a stockbroking entity. It is important to gain practical knowledge of the market if you are planning to become a Stock Broker. You will need to graduate in Accounting, Economics or Finance or qualify Post Graduation to get employed in a Stock Broking Firm.
Let us take an example, Mr. Nitin Kamath, founder of Zerodha which is a discount broker. He started his career as an engineer and eventually started showing interest in Stock Market. He found the financial market so interesting that he changed his profession from being an engineer to a Stock Broker.
To become an Investment Advisor, you need an education and certification criteria of a graduate degree in Finance/Commerce or at least 5 years of work experience with a financial company. If you are a Postgraduate in finance, you don’t need work experience to apply for a license from SEBI and you need to clear NISM exams and get your license from the SEBI. Providing consultancy services on money management and educating people on financial outcomes can help to build a career and make good money in the stock market.
If you are planning to build a career in the Stock Market, you need to have an in-depth analysis and understanding of the market. If you have strong communication and analytical skills that will be an advantage for your career in the stock market.