FINANCE & BANKING
Share this post
Stockbroking is a service that allows individual and institutional investors to purchase and sell stocks. A stockbroker is a professional trader that buys and sells the stock for customers. A securities sales agent, or a securities and commodities sales agent, is another name for them. They provide essential services and information to their clients. They assist them in determining when to purchase and sell stocks and at what prices.
In the stock market, he charges a fee and commission for his services. Stockbroking is a profitable profession. Stockbroking is a profitable profession. There are no specific experience requirements, however, applicants with experience and knowledge have a better understanding of the area and market.
In the sector of stockbroking, there are several job options. After gaining a thorough grasp of the market, a candidate may be able to emulate Buffett. With the appropriate knowledge, confidence, and expertise, this is a tremendously rewarding career. With the substantial compensation that the profession provides, one may live a luxurious life.
Eligibility and Courses
|Stream||Under graduation/Diploma/Certification||Postgraduation||Licensing and registration|
|The candidate should pass class 12 from a recognized board.||The candidates can go for undergraduate/diploma or certificate courses to make a career in stockbroking.||After graduation, the candidates can go for higher studies or post-graduation from a recognized college.||After finishing these courses, the applicant must have registered with the Securities and Exchange Board of India (SEBI).|
|Although the stream is not specified but subjects like business, maths, finance are preferred.||In the field, a bachelor's degree in business administration, finance, economics, statistics, mathematics, or quantitative analysis is beneficial.||The candidate can study MBA or M.Com.||The aspirant has also registered with a stock market and become a member.|
|Try to gain a minimum percentage to get admission to colleges.||Try to gain a minimum of 50-60% to get admission for post-graduation.||Try to gain a minimum of 50-60% to get a job in a reputed company.||To join, the applicant must first pass a written admission exam and then go through training.|
|Institute of Capital Market Development||New Delhi|
|Institute of Chartered Financial Analysts of India (ICFAI)||Hyderabad|
|All India Centre for Capital Market Studies||Nasik|
|St. Mary’s College||Kerala|
|Institute of Financial and Investment Planning||Mumbai|
|Tirupati Institute of Management||Pune|
|Dr. N.G.P. Arts and Science College||Coimbatore|
|Dnyansagar Institute of Management and Research||Pune|
|Exam name||Conducting Body||Duration||Type of exam|
|BSE Certification on Central Depository (BCCD)||Bombay Stock Exchange||1 hour 30 minutes||Objective or MCQs|
|BSE Certification on Derivatives Exchange (BCDE)||Bombay Stock Exchange||1 hour 30 minutes||Objective or MCQs|
|BSE Certification on Securities Markets (BCSM)||Bombay Stock Exchange||1 hour 30 minutes||Objective or MCQs|
|BSE Certification on Currency Futures (BCCF)||Bombay Stock Exchange||1 hour 30 minutes||Objective or MCQs|