How to Build a Career in the Stock Market Online in India | My Espresso

How to Build a Career in Stock Market?

It is a known fact that finance can provide a lucrative career opportunity for enthusiasts. The pandemic has also triggered a huge growth in new investors in mutual funds, equity, stock market, insurance, and other financial instruments, creating a demand for experts who can guide these new investors.

Published on 31 January 2022

So, if you wish to have a viable career in the stock market in India, there are a few vital aspects to look into.

How Many Stock Market Career Options Are Available

Over the past few years, there has been a steady increase in the investments in the share market by Indians. Traditionally, before this, common men were more inclined towards saving money in more stable and low-risk avenues, such as fixed deposits in banks or investing in gold coins and jewellery.

In the current scenario, people are exploring newer, more diverse options for investments like mutual funds and equity. With the rising financial literacy, new and young investors are looking towards high-risk, high-rewards investments. And this, in turn, has created a huge demand for financial experts who can advise the new investors.

Additionally, with the younger generation moving away from the conventional job roles, the demand for newer, more challenging occupations is on the rise. The growing inclination towards market-linked investment avenues has given rise to stock market jobs.

If you are looking for a more conventional stock trading career, there are a number of options to consider. Most of the jobs in the stock market for freshers are fast-paced, dynamic, and high-paying, which makes these quite a lucrative option as well. Some of them are listed below:

  • Research and Financial Analysts
  • Portfolio Managers
  • Financial and Fund Managers
  • Cybersecurity Specialists
  • Stockbrokers
  • Teachers and Trainers
  • Auditors
  • Data Scientists
  • Stock Trading Professionals
  • Quantitative Analysts
  • Risk Management Professionals

More importantly, as more and more people prefer working remotely, they are looking for job opportunities that allow the same. Stock trading career options, such as the ones listed above, allow you to work from the comfort of your home or from remote work locations. You can even work as a freelance consultant or part-time professional and supplement your primary income with a well-paying stock market job.

What Kind of Education is Needed to Have a Career in the Share Market?

In India, the stock market education can be segregated into 3 major parts:

1. Full-time Degree Programs: Here, you need to join a degree program and pass the examinations in order to have a career in the financial market. These courses include CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), CFP (Certified Financial Planner), CMT (Chartered Market Technician). Now, apart from these, students who have a degree in Chartered Accountancy (CA), Company Secretary (CS), and Masters of Business Administration (MBA) in Finance, can also have a career in the stock market in India.

2. Micro Certifications: These include the certificates issued by the NCFM and NISM. So, if you wish to have a career in the Securities and Exchange Board of India (SEBI) as an Analyst or an Advisor, you will need a specific certificate from the NISM.

3. Getting Trained by a Mentor: The stock market is a practical field. So, a lot of financial career enthusiasts also learn about the market from a mentor or a teacher who has been an investor or a trader or a fund manager before.

Conclusion

The stock market jobs are really fascinating for the ones who are really interested in a career in finance. So, if you think you have the ability to make smart investments and you can guide others to do the same, considering the above-mentioned stock market career options should be appropriate for you.
Also Read: How to Invest In Stock Market In 5 Steps?

Chandresh Khona
Team Espresso

We care that you succeed

Bringing readers the latest happenings from the world of Trading and Investments specifically and Finance in general.