How can I make a career in the stock market in India?

The stock market is dynamic, and the majority of people do not know what type of work is done in the stock market. Every job in the stock market is extremely competitive. Most people do not want to take the stock market as their career because of the risk factor associated with it and the pressure it brings on the table. But many people are excited to join the stock market as a career option because of the huge revenues along with a consistent growth path. 

The Indian stock market has opened a lot of career opportunities for stock market enthusiasts. The market is expanding tremendously and employment in the stock market is growing consistently. People from all backgrounds have shown their interest in pursuing careers in the stock market. 

People can participate in the market and work independently as traders or bring out unique ideas and methods to implement in the Indian securities market. Here I will share some of the career options that are available for excellent growth in the stock market.

 Career opportunities in the Indian Stock Market.

1. Stockbroker

As you all know that to trade or invest in the stock market, you must have a Trading and Demat account that is provided by your broker. These two accounts are offered by the same broker. By seeing the population of India, you can understand that how growth-oriented the career as a Stock Broker could be. 

You can start small by taking a sub-broker ship from any existing broker. In this case, you only need to sell the broking account to the prospecting customer and can generate good revenue. Sub broker ship is easy to get and can lead you to the road of financial freedom. 

  2.Investment Advisor/Financial Advisor

You can be a certified Investment advisor and you can start your own consultancy business in this Market. A certified financial planner is certified by Financial Planning Standards Board and this certification is for individuals who wish to take up financial planning as their career option. 

A certified financial planner can offer his/her services in the capacity of a consultant or can represent his/her organization for offering financial planning services to organizations and individuals. As an Individual, you mandatorily need to clear the NISM investment Advisory Certification exam to apply for SEBI registered investment advisor. After meeting all the criteria laid down by SEBI you can apply to SEBI and get your license for Investment Advisory. 

3.Equity Research Analyst

Equity Research Analyst is a very lucrative career option if you want to enter in Stock Market. There are two sides in Stock Market i.e., Buy-Side Research and Sell-Side Research and Equity Research Analysts are required by both sides. Buy-Side is the side of the market that invests and buys a large portion of stocks for fund management whereas Sell Side is the other side of the market that deals in promotions, creation, and selling of stocks to the public. To become an Equity Research Analyst you can go CFA or CA which is highly preferred in the market for the post of Equity Research Analysts. 

4.Portfolio Management

If you have invested in Mutual Funds, then you must know that your investments are managed by skilled and experienced Portfolio Managers. The wealth management companies in India handle the money of clients with the help of highly qualified Fund Managers. 

Portfolio Management is the most rewarding career if you have a strong understanding of Financial Markets. Professional Qualifications like CA, CFA, MBA(Finance) are required to enter this field. To become a Portfolio Manager, you have to first start with Research and Marketing, and with an increase in your experience, you can go for Portfolio Management.

Conclusion

The stock market gives you a variety of career options as per your interest and qualifications. 

Your success in the stock market depends on your in-depth knowledge of the Financial World. 

Having practical exposure to the financial market is more important than possessing professional or academic qualifications. 

You can choose any career option in the stock market but your growth in the stock market depends on strong communication and analytical skills.