Career In Stock Broking Stock Markets - II
Stock broking business requires the services of specialists - economists, accountants, finance managers, financial analyst, capital market specialists, and investment and financial planners.
Useful and relevant courses for the stock broking business are available at :
Institute of Company Secretaries of India, New Delhi
Institute of Capital Market Development, 1965 Arya Samaj Road, Karol Bagh, New Delhi - 05
All India Centre for Capital market Studies, J.D.C Bytce Institute of Management Studies and Research, Nashik - 05
Mumbai Stock Exchange Training Institute, Stock Exchange Building, Fort, Mumbai-01
Institute of Financial and Investment Planning, B/303,Ventex Vikas, M.V.Road, Andheri(E) Mumbai 69
Institute of Chartered Financial Analysts of India (ICFAI), Road No.3, Banjara Hills, Hyderabad 34
Employment options for stockbrokers are with business houses, broking firms, investment banks as well as traditional banks, which have business with broking firms. Companies differ in the number of professional they employ in the research department. Equity research can be a one-man outfit or a department with a team of professionals drawn from diverse disciplines. Mutual funds, FIIs, Institutional Investors, Broking houses, hire research specialists. Magazines and newspapers also offer opportunities for professional commentary.
India has 21 active stock exchanges accounting for more than 7000 listed companies, 6500 brokers and 538 investment bankers registered with the SEBI. This statistics are very impressive by any standards. Prospects for the stock broking business are bright and for those who are qualified to handle this business and have the necessary personality traits to cope with it, the openings are many.
As the opportunities are many with a wide choice of organizations and jobs to choose from professionals in this sector can hope for a good future in the coming times.
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