If you are interested in national and international news, you must be familiar with the Share Market, Stock Exchange, Stock Broker, Nifty and Sensex. People often invest money in the stock exchange to earn more quickly. It is called a share market, and the person who works between an investor and the share market is called a stockbroker. This field also has immense job possibilities (Stock Broker Jobs).
For your information, the share market business is only complete with a broker. The stock broker acts as a link between the stock exchange and the investor. With a broker, it is easier for any investor to give the best performance in the stock market (Stock Broker Work Profile). A stock broker is also required to open a demat account and trading account.
There are two types of stock brokers in the share market.
There are generally two types of stock brokers in the share market (Stock Broker Jobs). You must know about them if you want to make a career in this.
Full-Service Stock Broker
Full-service stock Brokers provide services to their clients like stock advisory (which shares to buy and when to sell), margin money facility for buying stocks, trading facility on mobile phones and investment facility in IPO. The fees for this service are high. The customer service of full-time stock brokers is considered very good.
discount stock broker
These brokers (Discount Stock Brokers) allow their clients to buy and sell shares by charging meagre brokerage fees. Their fees are less. Discount stock brokers do not offer their clients stock advisory and research facilities. Most of their work is done online, starting from opening someone’s account.
Qualification required to become a stock broker
To become a stock broker, any course in the financial market can be done (Stock Broker Qualifications). Knowledge of commerce, accountancy, economics, statistics, or business administration will be very helpful for you. It is an excellent idea to do graduation or post-graduation in these subjects. There may be an option. ‘NCFM Courses’ of the National Stock Exchange is an online certification program. This checks whether the stock market professional has practical knowledge and skills for the financial market. The candidate taking admission in this should understand math and English (stock broker skills) well.
Skills required becoming a stock broker
To become a stock broker, along with academic qualifications, it is necessary to have good analytical skills, a strong mind and research skills (Stock Broker Qualifications). Apart from these, one should know stock training practice rules and processes and know different sectors and industries. It is also essential to have the latest information about new products coming into the market and their ups and downs.
One should also be able to handle this pressure.
Becoming an expert in this field, along with good computer skills, decision-making, teamwork, research aptitude, and finance industry knowledge, can bring life success (Stock Broker Skills).
Career prospects for stock broker
Based on educational qualifications and experience, one can get jobs as Equity Dealer, Equity Trader (Trading Jobs), Equity Advisor, Stock Advisor, Wealth Manager, Financial Analyst, Investment Advisor, Security Analyst and Risk Manager (Risk Manager Jobs).
In this field, you have immense job opportunities in stock exchange, regulation authority, foreign investment firms, investment consultancy, mutual fund companies, broker firms, insurance agencies, banks and other institutes.
