The majority of individuals are unaware of the type of work that is done in the stock market, which is dynamic.In the stock market, there is fierce competition for every position.Because of the danger involved and the strain it places on the table, the majority of people do not want to pursue a profession in the stock market.But due to the enormous income and steady growth, many people are eager to enter the stock market as a job.For stock market lovers, the Indian stock market has created numerous career prospects.The market is booming, and employment in the stock market is steadily rising. Individuals from different walks of life have expressed interest in pursuing jobs in the stock market.
Careers in stock market
1) Research analyst
A research analyst does research and analysis, decodes financial information, and gives clients stock recommendations.Equity Research Analysts analyse financial accounts, assess financial ratios, and other basic aspects of the company to create long-term stock recommendation reports.Technical analysts examine company price charts and offer advice based on technical indications.
2) Investors or Traders
Investors concentrate on long-term investing methods and accumulate money over time.In accordance with their investment goal and risk tolerance, they create a well-diversified portfolio of international assets.The goal of traders is to maximise profits, therefore they enter and exit positions quickly.There is no entry-level requirement to work as a trader or investor.
3) Investment Manager
Investment bankers handle the listing process in accordance with regulatory criteria on behalf of private companies that seek to go public through an Initial Public Offering (IPO).They work in financial advice, merger and acquisition management, and underwriting fresh stock issuance.You can acquire the necessary skills through extensive training with at least an MBA.
4) Financial Risk Manager
The GARP organisation in the United States also offers FRM, a certification programme that is well recognised.This certification opens up risk management positions in the stock markets as well as financial institutions like banks, insurance companies, and NBFCs by providing you with a solid foundation of the ideas of the risk management element of the market.For the exam, you do not need a bachelor’s degree, but in order to become certified, you must work on a financial risk portfolio for two years.
5) Chartered financial Analyst
The most sought-after professional path in the sector is that of a CFA.
The CFA Institute, USA, trains you on the various facets of financial analysis, such as qualitative analysis, reporting, portfolio management, ethics, and so on, through its CFA international certification programme.It is comparable to the Chartered Accountant (CA) certification programme, and you can take the exam from any authorised location in India.
You are qualified for jobs like research analyst and fund manager with this qualification.
For this certification, any bachelor’s degree holder from any field may apply.
6) Investment Advisor
Financial advisors, often known as investment advisors, counsel and advise customers on financial investments.They are responsible for a variety of tasks, including estate planning, investment management, and tax preparation.For individuals who are interested in providing their services to clients in accordance with their wants and requirements, this profession is ideal.Although a bachelor’s degree does hold some chance in investment advisory, a master’s degree is strongly favoured if you are one of those who wants to pursue investment advising.
7) Stock Broker
A stock broker makes trading procedures simple, explains terms to clients, provides financial portfolios, and offers counselling.Stockbrokers can also be traders, analysts of securities, consultants, and more.You need a degree in stock broking and other credentials that are highly sought after by employers if you want to work as a stockbroker.A Chartered Financial Analysts qualification or an MBA in finance are prerequisites for a job as a stockbroker.In addition, you must have additional talents, including those related to communication, logical reasoning, mathematics, responsibility, and analytical thought.A stock broker must have two years of experience in this industry.