Stock Market – How to build a career in the stock market in India 

The Indian stock market has opened a lot of lucrative career opportunities for stock marketing enthusiasts as this market has been thriving for many years and is legitimately recognized for its strong and growing prospects. Since the advent of the internet and online trading platforms, the market has only seen a huge spike of players, stakeholders, and even aspirants from various other professions in this field. 

This market has the potential to offer career opportunities from entry-level to entrepreneurial ventures. Just a fair amount of experience and knowledge in this field can make huge earnings in a short period because the stock market is ever-dynamic and full of surprises and hurdles. The most intriguing part is that they are full of potential if only you calculate every move before you invest in anything. The career opportunities the stock market provides are astounding which you can exploit as a trader or investor. The jobs in this field are highly lucrative and give anyone a broad perspective and exposure to the World of the Stock Market. With the wide range of career choices available, it can surely be a hard decision to fixate on what to pursue. 

Here are some of the trending roles this field offers to enable aspirants to excel. 

Stockbroker :

Salary – average 3 LPA 

Role –  A stockbroker is the most essential source in a stock market. They enable the buyers and sellers to meet more coherently which places them in a highly crucial place in the cycle of the stock market. They are the connectors between traders and investors. This job requires a person well aware and updated on the market fluctuations, as the stocks come across different stages in the market, analyzing the patterns well, analyzing the patterns well gives an upper hand in the market standings. buys and sells the shares on behalf of an investor. A stockbroker is most resourceful when he/she rightly guides their client on when to buy and sell their stocks at the right time to incur more profits.

Financial or Investment Advisor :

Salary – average 4 LPA

Role –  Just like every other industry that functions stock market is also reliant on buyers, sellers, competition, and investment opportunities to survive in the long run. The market requires both traders and investors to be completely involved to understand the market and make decisions accordingly. This makes it crystal clear that consultations from a sound mind of market standings are pivotal. This is where Investment Advisors come in to ensure the buyers and traders invest and choose the right opportunities available in the market by creating strategies and eliminating financial risk.

Research Analyst : 

Salary –  average 4 LPA

Role –  Stock investors understand that their hard-earned money needs the right person who knows the market and is aware of analyzing and reading the market flow to decide on where their money gets invested in. Being a researcher or an investment analyst enables you to study and as well work on investment ideas. It’s through the evaluation you confirm if you can incur more profits or not. Daily work will include Financial Statement Analysis, Dividend valuation models, and valuation of common stocks using different ratios. Technically, a Research Analyst does in-depth research and interprets the client’s data, and recommends the stock. Research analysts use their expertise to study the market and develop curated portfolios and strategies to navigate at any given time. 

Investment Banker : 

Salary –  average 5 LPA

Role –  Raising capital for corporations, governments and other entities is the major role of an Investment Banker involved in the stock market. Goldman Sachs, Morgan Stanley, and JP Morgan Chase are a few of the leading investment banker employers. The criteria and abilities these entities look out for are excellent number crunching, strong verbal and written communication, and the drive and capacity to untiring work long and grueling hours and reap really good paychecks. 

Relationship Manager :

Salary – average 6 LPA 

Role – Relationship manager helps firms improve their relationship with their existing clients and also acquire new clients. This position requires you to understand the existing well and build stronger relationships with new clients. They also have to be updated and require a great understanding of sales performance metrics.  

Isn’t the stock market a risky career?

Stock markets are volatile and unpredictable business environments. There are several risks involved in this market such as liquidity, business regulations, interest rate, etc. To understand and perform well you require an adequate understanding of the market and the most appropriate techniques used in this field. Acquiring the right knowledge and training is highly vital to perform well and excel in such a challenging industry. Enrolling in programs designed specially to sharpen your skill sets in this sector is highly advisable as knowing a market well enables one to survive and influence it in time.

If you are thinking of a career in the stock market, check out the SkillVertex Stock Market Upskilling Program and sign up right away to enrich your skills and knowledge in the stock market sector.