With the market in India growing steadily, it is obvious that those who deal in market shares are going to have rewarding careers with vast opportunities for growth. A career in share market might be a very good option indeed.
Stock brokers, through their legal mandate (license) and understanding of investments and capital markets, buy and sell stocks for their clients. Here?s more about what their day-to-day work entails.
Assuming someone wants to work for a brokerage firm or investment bank, a bachelor's degree will be required. There is no particular major needed, although something in the business or financial field is recommended. Common stock broker degrees include accounting, business, finance and economics.
Most brokerage firms in India look for at least a bachelor's degree in a related filed ? accounting, finance, business or economics. An applicant with a master's of business administration can receive higher-level positions and compensation than an applicant with a bachelor's degree.
Brokers are sales agents who trade securities for their clients, earning a commission on each trade. They also provide services for their clients, such as trading advice and tips on opening and closing prices
Stock broker is a professional individual who executes buy and sell orders for stocks and other securities through a stock market, or over the counter, for a fee or commission. Stockbrokers are usually associated with a brokerage firm and handle transactions for retail and institutional customers.
In order to help their clients buy and sell the right stocks at the right time, stock brokers must be able to analyze the particular investment and tailor it to the client?s needs. The better advice a stock broker can give the client, the more money the client will make and subsequently, the more trades they will make. Since stock brokers are primarily paid through commissions, the more trades, the better. Because this job requires close monitoring of the stock markets and the management of client money, it can be high-stress. If you passionately follow the markets, understand how the Sensex and Nifty work, and have a knack for handling finances, then a career in stock broking might just be for you.
" />With the market in India growing steadily, it is obvious that those who deal in market shares are going to have rewarding careers with vast opportunities for growth. A career in share market might be a very good option indeed.
Stock brokers, through their legal mandate (license) and understanding of investments and capital markets, buy and sell stocks for their clients. Here?s more about what their day-to-day work entails.
Assuming someone wants to work for a brokerage firm or investment bank, a bachelor's degree will be required. There is no particular major needed, although something in the business or financial field is recommended. Common stock broker degrees include accounting, business, finance and economics.
Most brokerage firms in India look for at least a bachelor's degree in a related filed ? accounting, finance, business or economics. An applicant with a master's of business administration can receive higher-level positions and compensation than an applicant with a bachelor's degree.
Brokers are sales agents who trade securities for their clients, earning a commission on each trade. They also provide services for their clients, such as trading advice and tips on opening and closing prices
Stock broker is a professional individual who executes buy and sell orders for stocks and other securities through a stock market, or over the counter, for a fee or commission. Stockbrokers are usually associated with a brokerage firm and handle transactions for retail and institutional customers.
In order to help their clients buy and sell the right stocks at the right time, stock brokers must be able to analyze the particular investment and tailor it to the client?s needs. The better advice a stock broker can give the client, the more money the client will make and subsequently, the more trades they will make. Since stock brokers are primarily paid through commissions, the more trades, the better. Because this job requires close monitoring of the stock markets and the management of client money, it can be high-stress. If you passionately follow the markets, understand how the Sensex and Nifty work, and have a knack for handling finances, then a career in stock broking might just be for you.
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