The stock markets of India have seen many changes and challenges over the past 20 years and have come an extended way and with passing time it creates alot of Careers in the stock market. A stock exchange, which is additionally called a share market or equity market, is that the aggregation of sellers and buyers of stocks or shares.

These buyers and sellers represent ownership claims on businesses and should also include securities that are listed on a public stock market also as a stock that’s traded privately only. The latter comprises shares of personal companies that are sold to investors through equity crowdfunding platforms.

What it takes to achieve success within the capital markets are as follows

Passion: you’ve got to be hooked into the markets. Without passion, you’re inevitably getting to taper off because the markets are often relentless in demanding you to continuously learn and improve.

High Levels of integrity: you’ll be managing money and quite a lot of it if you’re employed, during a large and successful capital market-oriented company and eventually it’s your moral and ethical responsibility to be liable for that cash. The markets are highly regulated by SEBI and regular audits happen at the corporate level to make sure compliance, only someone with very high levels of integrity can work here.

Know where you would like to go: The Capital markets aren’t almost picking stocks, they’re far more. Within capital markets, you’ll prefer to add Broking and Distribution, Asset Management, Wealth Management, and therefore the ECM side of Investment banking. Having a transparent idea of which field interests you the foremost will assist you to make smarter career decisions.

Decide what you would like to do: Once you recognize which part of the capital markets you would like to be related to, it’s important for you to know that for a specific business to figure, besides the core research team there has got to be an efficient support team too. For instance, the pricing and distribution business cannot function without a robust operational backbone or IT support. There are a plethora of opportunities within the capital markets; you would like to first and foremost decide where you would like to travel.

Read and skim more: it’s public knowledge that stalwarts within the capital markets, whether it’s Warren Buffet, Rakesh Jhunjhunwala, or our own Ramdeo Agarwal has one thing in common; their habit to read. They’re all vociferous readers and seek to continually grow by adding on to their knowledge domain. You’ve got to read continuously and learn from what you read whether it’s the newspaper or some book like ‘The Intelligent Investor’.

Choose your workplace wisely: Getting the right exposure at an entry-level in your career is significant to your growth prospects within the future. Candidates often pay more importance to the CTC tag than the training which they will accumulate from their first job within the capital markets, which frequently results in stagnation at later stages in their career.

Career Options within the Indian stock exchange

The equity market, or the stock exchange, has opened several career opportunities for people in recent years. The stock exchange is getting bigger and expanding more day by day. With the expansion of the market, opportunities for employment and jobs within the stock exchange also are growing a day. Candidates from all backgrounds are showing interest within the field and check out to pursue a career within the stock exchange.

Some important job roles within the stock exchange are given below.

• Stock Broker

• Financial Advisor

• Investment Advisor

• Portfolio Management Services (PMS)

• Research Analyst

• Online Stock Trading

• Financial Analyst

• Equity Analyst

• Hedge Fund Manager

• Mutual Fund Manager

• Market Researcher

• Risk Analyst

The roles and job descriptions of these positions are different from one another and every one of them provides concrete insights into the stock exchange. Candidates entering the stock exchange as an employee should start from the beginner level so that they get to find out everything from scratch. The industry is fast-paced and features a lot to supply.

Salary in Stock Market

Stock Market is one such sector that is highly dependent on the performance of the employee to determine the annual package that would be offered to them. Due to the dynamic nature of the work, the performance of the worker is taken into consideration and a final offer on the salary is formed.

Depending on various other factors like the world of employment and therefore the industry joined, the annual package of a stock-broker may vary. Fresh stockbrokers earn an annual package ranging between ₹2, 00,000 to ₹3, 00,000. Nonetheless, this annual package increase with the tutorial qualifications of the broker and therefore the experience and skills of the broker and may go as high as ₹5, 76,000 – ₹6, 50,000 per annum.

Educational Qualifications Required to Work in Stock Market

There are not any hard and fast academic requirements for getting employment within the stock exchange in India. The candidates must have completed their higher education (class 12th) in any stream. Most of the companies prefer candidates who come from commerce or management backgrounds because their basics are clear about the stock market.

A bachelor’s or a master’s degree in business or finance can prove to be extremely helpful for this profession in some organizations. Licensing may be a must for anyone to urge into this domain.

If anyone chooses to trade a full-time career option, then there are multiple benefits to it as follows:

  • One can enjoy a higher degree of flexibility as compared to a job
  • One can plan and build a career at his own pace
  • You can be your boss
  • With correct knowledge and strategy, you can earn decent money from the markets
  • One can grow from cash market to derivative market and make leverage their friend
  • One can also become a researcher or a trainer
  • One can become a SEBI registered Investment Advisor or SEBI registered Research Analyst and do consult.

Risk Involved

Though stock exchange investments give better returns as compared to gold, bond, funds, or other options, a career within the field isn’t streamlined thanks to the danger involved. A professional needs to have the required knowledge, tools, and technique to evaluate the volatile markets.

“The return from the market isn’t guaranteed and investors may find themselves losing their money thanks to faulty investment decisions. A candidate working as an investor or a trader must take care of the varied sorts of risks while putting their money available in the markets. Business Risk, Liquidity Risk, Market Risk, Taxability Risk, the rate of interest Risk, Regulatory Risks, and Inflationary Risk are often evaded with proper knowledge and a well-defined risk management strategy,” says Datta.