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Learn How To Make A Brilliant Career In Stock Market Firm In India


How can one become a stock broker? Is there any online course for this? Such ideas may come to the mind of an individual who has just started his/her career in stock market. With time, this field has expanded, resulting in career opportunities in the stock exchange market.  

People are keen about starting their career in stock market. Such a firm can provide both a conventional and an entrepreneurial career. Let’s learn in detail about the various ways by which an individual can start his/her stock market jobs.

What are the roles involved?

oles to play in a stock marketFor a conventional job under stock market, there are several job roles. These are:

1. Stockbroker

The work of a stockbroker is to act as an intermediary who can be authorized by the client to buy and sell securities on their behalf.

2. Investment Advisor

They provide investment recommendations by analyzing the market performance of the stocks. This is also one of the good stock market job for freshers.

3. Financial Advisor

As an advisor, they provide guidance on where to invest and when. Those wanting to start a career in Stock Market can opt for this designation as they help clients learn about the ways of investing and create a good financial plan for better returns.

4. Portfolio Management Services

People dealing with PMS try to deliver professional management of investments and prevent high risks.

5. Equity Analyst

An equity analyst’s job in the equity market is to produce reports and recommendations regarding securities and provide them to their clients for better analysis of stocks.

6. Financial Analyst

A financial analyst specializes in examining financial data of investments and uses these findings to help clients in making monetary decisions.

7. Relationship Manager

They play a major role in improving their relationship with clients and providing better services to increase customer satisfaction.

8. Traders

Traders work to maximize benefits by putting money for a very short period of time. They buy and resell the securities. There is no minimum qualification to become a trader.

Education qualification for starting a career in Stock market

Those planning to pursue their career in stock market can start by taking commerce as their role for understanding the concept of the trading industry. Beginners can even go for these stock market courses after graduation.

  • Chartered Financial Analyst (CFA)

This is considered as the biggest career option in the industry. This programme is offered by the CFA institute, USA. In India, the course of a Chartered Accountant is much similar to this course. By completing such courses, an individual becomes qualified for positions like Research Analyst and Fund Manager.

  • Financial Risk Manager (FRM)

The designation of FRM is a globally accepted qualification. This programme is offered by the GARP, USA. This course provides a clearer foundation about the concepts of risk management roles and the financial institutions like banks, insurance companies, etc.

  • Masters in Finance

Beginners can complete their MBA in finance so that they can have clarity about every aspect of the securities market. Such a course makes beginners fir for financial analyst, cash manager, investment bankers, etc.  

  • The National Institute of Securities Market (NISM)

As per SEBI regulations, it is mandatory to have NISM certificates for a job position under the securities market. These certificates are valid for 3 years and are good for those who are looking for jobs in commodity trading or back office management.

Eligibility of a Stock Broker

eligibility for stock market

  • The stock broker has to be a citizen of India
  • The age of  a Stock broker should not be less than 21 years
  • The stock broker should have a minimum education qualification of class 12.
  • The broker must also have an experience of more than 2 years as an authorised assistant clerk or intern before starting their career in stock market.

Who cannot become a stock broker?

  • If a person has been determined as bankrupt
  • If a person is compounded by creditors due to a partial debt discharge
  • If a person is found guilty of a crime involving dishonesty and fraud
  • If a person is already engaged in businesses like personal financial stability, investment advisory services, etc.
  • If a person is considered a defaulter by a stock exchange. In that case, the person will not be allowed to trade from any regulatory body like SEBI, RBI, etc.

Duties and Salary of a Stock Broker

A stock broker earns a minimum of 0.2 lakhs to 4 lakhs annually. This salary is based completely on the number of securities bought by the clients and the brokerage that is generated from it. 


If you wish to develop your career in stock market, contact SMIFS at 9830121215 or email at You can even open free demat account with us for hassle-free trading, anytime, anywhere.

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