Mon-Sat 9am-7pm
A Stockbroker is a professional who manages investments in stocks, derivatives, bonds, currency trades, etc., for clients who can either be individuals or big organizations. He is the linchpin between the stock market and the client in buying and selling shares. The services are provided to clients on a compensation pay system, thus profits for the client means profit for oneself.
How to Become a Stockbroker
Stream |
Graduation |
After Graduation |
After Post Graduation |
|
Path 1 |
Clear Class XII in any stream |
Graduation in any stream preferably in finance related subjects |
Short term/Long term course from NSE/BSE |
- |
Path 2 |
Any Stream preferably statistics and math |
Short term/Long term courses from NSE/BSE |
Practice in a Brokerage firm, then apply for a license |
- |
Path 3 |
Commerce/Science with Math's |
Graduation in any stream |
PGDM/MBA in Capital Markets |
- |
Important Facts
A career in share market is a very good option indeed. The job opportunities are opened in various organizations because of the Economic growth and liberalization. A stockbroker can be employed by various agencies and firms in India as well as in abroad. Stock broker simplifies the stock market terms & trading practices to the clients. They offer financial counselling and devising financial portfolios.
They can work as a dealer, advisor or securities analyst. After gaining some years experience, you can also start your own consultancy agencies.
If you have a degree in stock broking, you have an option to become a financial manager, analyst, market specialist, etc.
Larger broking companies prefer Chartered Financial Analysts (CFAs) or Chartered Accountants (CA) or MBA (Finance) graduates.
The salary of the stock broker will be depended on their qualification & performance. The starting salary of the stock broker may be arises in between Rs. 2 to 3 Lakh per annum. As you gain experience, then you can earn Rs. 5 to 7 Lakh per year. Some of the brokering companies pay bonus in addition to the salary on the basis of the performance. You can also earn in crores on the basis of your skills.
Call us at +91 9205084085, Monday - Friday, 9 am - 7 pm