Stoke Broker Investment Analyst
Stock broker is the person who buys and sells stocks on behalf of individuals and institutions for some commission. Stock exchanges play an important role in indicating, and reflecting the performance of the country’s economic state of health. Stock market is a place where stocks are exchanged. There is lot of uncertainty in prices of stocks as they change within minutes after being declared. With the improving condition of the investment market a lot of people have started investing in stocks. Professionals have a wide range of job options in various organizations where they can work as stock broker.
Key to Success
To be successful as a Stock Broker you should have/ develop:
- Interest in and aptitude
- Practical
- Business sense
- Ability to take quick decision
- Ability to analyze, compare and interpret facts and figures quickly
- Good Judgment
- Ability to deal confidently with employers and clients
Scope and opportunities
Capital markets in India are going through major reform phase. Measures taken by Securities and exchange board of India in order to regulate, transform and bring transparency in the markets have had a healthy effect on the progression. Overseas investors, mutual funds and common people have once again started trusting the investment market. This has enhanced prospects for brokers, investment and equity analysts. With the growing investment market there are now better openings in the mutual funds and other financial sectors. You can work as a free lancer. The present situation absolutely sounds affirmative for the coming years.
Lifestyle & Social Status
- Indoor job
- Lot of work pressure when there is fluctuation in the rate
- Consultancy
- Long working hours
Job Profile
STOCK BROKERS
- Deal with investments of individuals, companies or firms
- Act as an advisor when it comes to securities
- Handle mutual funds
- Insurance policy advisor
Skill sets
- Strong analytical skill.
- Sound knowledge of business environment, finance and accounts
- Expert in computer
- Communication skills – both oral and written
- Critical Thinking
- Complex Problem Solving
Work Value
- Responsibility
- Autonomy
- Achievement
- Teamwork
- Results oriented
Current Job Scenario
A fresher will earn a salary between Rs. 12,000/- to Rs. 20,000/-.
Top Recruiters
UTI Mutual Fund
Reliance Mutual Fund
SBI Mutual Fund
Course Synopsis
A graduate in commerce can pursue the profession of a broker. To attain membership of the stock exchange, one has to go through training under a broking firm for a period of minimum 6 months. The training aims to impart knowledge of subjects like accountancy, law related subjects, capital markets, securities and portfolio analysis, etc.
Apart from having knowledge of subjects like accountancy, economics and statistics, investment analysts having additional knowledge in specific subjects like engineering, biotechnology, pharmacy etc. adds to their advantage. Since they have better understanding in those fields, it can be beneficial in making investment decisions in those sectors.
Those thinking of a career as equity analyst can pursue the postgraduate diploma course in Equity Research and Analysis offered by The Institute of Chartered Financial Analysis of India situated at Hyderabad, India.
Course Options | Stock Broker | |
Academic Eligibility | 10+2 any stream | |
Fees | Rs 5000 – Rs 10000 per year | |
Expenditure in Metro and Tier-1 | Rs. 2 Lakhs to Rs. 2.5 Lakhs | |
Expenditure in Tier-2 | Rs. 1.25 – Rs. 1.75 Lakhs | |
Duration | 1 Year | |
Mode | Diploma | |
Specialization | ||
Approved | SEBI | |
Affiliation | Government of India | |
Entrance Exam | ||
Education Loan | ||
Scholarships |
Career prospect
- Brokerage firms
- Independent broker
- Equity analyst
- Bank broker
Entrance Exam
- Not Available
Success stories