Career In Stock Broking
In order to have a career in stock broking the major requirements are that the candidate aspiring to be a stock broker should have completed his graduation and should have gone through training in any broking firm for atleast 6 months. The training is mainly to make the candidate aware about various subjects such as capital markets, accountancy, port folio analysis, working of the stock market etc.
The decision of making a career in stock broking is a great option for people who are fascinated by the ups and the downs of the stock market and are interested in learning its working. Various initiatives which have been taken by the SEBI in order to bring transparency and discipline in the market has gained the confidence of a large number of Indian as well as foreign investors in the capital markets.
This has increased and enhanced the career prospects for stock brokers in many stock broking firms. Stock brokers can get a job and can work for various financial institutions such as Business Houses, Investment Banks etc. A stock broker can also start his very own consultancy and practice with private or individual clients. At times a stock broker can also work as a dealer, advisor or a security analyst. Stock brokers who are working as Security analysts are expected to have sound knowledge of the capital market.
A large number of stock brokers make a career in varied kind of organizations and firms such as insurance companies, banks, pension funds, mutual funds, consultancies etc.
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