There are many options to make career in stock market after 12th. In some years stock market creates many jobs and helps to make many career opportunities in stock market. Day by day stock market expands itself and the job opportunities in stock market are increasing. People (men.women), background of either science,arts,commerce or others are showing their interest mostly to make career in stock market after 12th. Some people independently works in financial market. On the other hand some people starts startup, small business etc using their new innovative ideas.
Let’s discuss about opportunities to make career in stock market.
Table of Contents
1) STOCK BROKER :
As you all know to trade or invest in stock market you should have demat and trading account compulsory. This two accounts are opened by stock broker. You can imagine now surely stock broker as a career is a good and well established job seeing the growing number of investors or traders. As a example the founder of Zerodha started his career as an engineer and gradually he showed his interest in stock market. He was so much passionate in it that he transfered his career from engineer to stock broker.
In 2018 NSE (National Stock Exchange) awarded Zerodha as a best discounted brokerage company. To be a stock broker or to open a stock broking company there is no fixed academic qualification or criteria but you have to qualify NISM examination and have to take the license from SEBI, the stock market regulator. Anyway if you want to be a stock broker then you should have the practical knowledge of stock market. So you should work with any securities company at least five years to gain experience to start your own venture.
If you want to get a job in stock broking firm you need to clear 12th standard at the minimum. If you graduated in Accounting, Economics or Finance then it will help you to start your career from a decent level. Qualifying in post graduation is not necessary but it might help you in fast promotion in the industry.
In case if you qualify professional courses like CFA,CA or FRM then no doubt gour career path will become really smooth. To learn stock market practically you can open a free demat account on UPSTOX,zero brokerage firm of india. You can open demat account and also trading account in few minutes from home. Check how to invest invest in stock market for beginners?
2) FINANCIAL OR INVESTMENT ADVISOR :
If you want to open your consultancy business in financial market then financial advisor or investment advisor is the best option. In past year ‘ Mutual Fund sahi hai’ compaign is run to make aware and educate people to invest in mutual fund. As an investment advisor you can make many clients preparing customized financial plans,give wealth management service and educating people about finance. It definiately you to make a good career and make money from this market.
So to be an registered advisor there is no fixed educational criteria that you have to fulfill. If you graduate in Finance/Commerce or you have at least five years of work experience with financial company then you qualify the educational criteria. On the other hand if you are a post graduate degree in finance then you do not require any work experience to apply for your license from SEBI. If you fulfill this criteria ,you mandatorily need to clear the NISM examination to apply for the SEBI registered investment advisor.
3) RESEARCH ANALYST :
Different from financial advisor stock research analyst is a good career option now days. Let’s discuss it clearly. There are two types of research like
1) Buy Side Research :
In buy side research researcher work with a financial service organisation which directly invests people’s money in the stock market. In this case you have to search quality stock so that fund manager can take decision easily.
2) Sell Side Research :
In sell side research researchers analyze equities and equity derivatives for the clients who are retail traders or investors.
If you want to start a business of research analyst independently then eligibility is same as the eligibility of investment advisor.
If you want to get a job of research analyst then contact the top financial service entities who or which look for candidates who are mba graduate or other. You can also make a career as a research analyst if you have completed CFA or CA.
4) PORTFOLIO MANAGEMENT SERVICES (PMS) :
If you are a mutual fund investor then you surely know that your portfolio is managed by educated and skilled fund manager or portfolio manager. PMS manages client’s money by skilled portfolio manager. Portfolio management is an is a rewarding career if you are good in money management and understand the market deeply. To enter in this field you need professional qualification like CA,CFA or MBA (finance).
Compare to other fields to enter in this field is quite hard. It require good amount of work experience so that you can achieve the abilities that help you to manage the fund whose amount in crores. So if you want to be portfolio manager start with a job in PMS or job of research analyst.
So the conclusion is that we try to cover different career in stock market in india. If you are planning to make a living from the stock market, you need to have an in-depth understanding of financial world. Strong communication and analytical skill always help you in this industry. Career in stock market topic is huge. So it is not covered by one article. career in stock next part is available .
- What is Circuit Breakers in stock market in India?
- How to invest in startups in india ?
- How to make career in stock market? Part–II.
What is careers in stock market after 12th?
1) STOCK BROKER
2) FINANCIAL OR INVESTMENT ADVISOR
3) RESEARCH ANALYST
4) PORTFOLIO MANAGEMENT SERVICES (PMS)