How to Build a Career in the Stock Market?

The stock market is an arrangement that involves buying and selling equity shares by market participants. Most of the Indian stock market trading takes place on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

What are Careers in the Stock Market in India?

There are multiple jobs and options for career in stock market that you can choose from.

• Broker

Brokers are licensed professionals who buy and sell shares on behalf of investors. They act as representatives of brokerage firms and facilitate stock trading. They need to clear NISM certifications and comply with the regulations of SEBI.

• Full-service brokers provide a mix of services to their clients, such as research, advice, and handling trade transactions.
  
  
• Discount brokers are involved only in buying and selling orders for their clients at a reduced commission. They do not provide additional services such as investment advice.
  

• Advisor

With expertise as an advisor, you will provide market knowledge to your clients to pick the correct stocks.

To become an advisor, you need to clear the NISM Investment Advisor certification exam and register with SEBI as an investment advisor.

• Portfolio Management Services

Portfolio Managers prepare investment strategies for their clients based on their investment goals and risk appetite. A professional manager should actively track stock market developments and monitor the performance of the portfolio.

Vast market experience and qualifications such as MBA (Finance), CFA, or CA are usually required.

• Research Analyst

A research analyst performs research and analysis, interprets financial data, and recommends stocks to their clients.

• Equity Research Analysts prepare long-term stock recommendation reports based on analysis of financial statements, interpretation of financial ratios, and other fundamental parameters of the company.
  
  
• Technical Analysts study price charts of companies and make recommendations based on technical indicators.

• Investment Bankers

Investment Bankers serve private companies that want to go public via an Initial Public Offering (IPO) by handling the listing process in line with regulatory requirements.

They are involved in underwriting new equity issuance, financial advisory, and managing mergers and acquisitions. Extensive training with a minimum qualification of an MBA can help you to gain the requisite skills.

• Relationship Managers

Relationship managers help firms improve their relationships with existing clients and acquire new clients. They are involved in presenting the product to the customers and providing services to increase customer satisfaction.

They are required to be updated with the share market trends and should understand the sales performance metrics.

• Professional Investors or Traders

Investors focus on long-term investment strategies and build wealth over an extended period.

They design a well-diversified portfolio of foreign securities in line with their investment objective and risk appetite. However, traders wish to maximize profits by entering and exiting positions over a shorter time frame. There is no minimum qualification required to become an investor or trader.