A couple of years down the line the youth could never have imagined that the stock exchange would be offering them a lucrative career option. With India’s economy growing by leaps and bounds the stock exchange has become a hot place of action. Stock exchanges now provide the aspiring youth with an excellent opportunity to get started in the world of stocks as a full time career.

The globalization and liberalization of economy has transformed the stock exchange into a place where transactions worth millions are taking place every day. In the stock exchange it is all about money. As a stock broker you will be dealing with other people’s money which does entail a sense of responsibility. Hence integrity of character is a prerequisite for anyone wishing to make his mark in this field.

The nature of the stock market has changed and with the increase in demand for stock broking the market is now in dire needs of trained professional stock brokers who can meet the challenges of the stock exchange. Investors are looking for people they can trust with their money. This is the reason why Indian educational institutes have started offering Stock Broker Courses for the public.

Course eligibility and options

A stock broker needs to have a sharp analytical mind. If you believe you can make it in the stock exchange then you should prepare yourself for the market. There are various institutes offering different kinds of courses in Stock Broking. It is however important to understand the eligibility criteria of these courses.

In order to be a stock broker in India you must at least be a graduate. Another prerequisite is a minimum of two years of experience in the field, preferably in a stock exchange firm. You can however become a sub-broker right after completing your higher secondary education.

There are different stock broker courses being offered in India. There is a post graduate member ship course in financial services and capital market. Then there is the one year post graduate diploma in the fundamentals of capital market development. There are a number of certificate courses apart from the above mentioned ones as well. The Chartered Financial Analyst Equity Research is yet another Stock Broker course being offered in India.

Some of the leading institutes offering these courses are:

Institute of Capital Market Development
Bombay Stock Exchange’s BSE Training Institute in Mumbai
Management Studies and Research
All India Centre for Capital market Studies
Institute of Financial and Investment Planning
Institute of Company Secretaries of India in New Delhi
Institute of Chartered Financial Analysts of India
The UTI Institute of capital Market
The Orion Institute of Capital Market in New Delhi

After completing one of these course from the institutes mentioned above the individual is required to register themselves with the Exchange Board of India as well as the Securities and then he can work as a full fledge broker in the stock exchange.

Career scope

These courses have changed the nature of work in the stock exchange. Everything is handled much more professionally and trained stock brokers have an edge over the untrained ones. This greatly increases their chances of getting good jobs in business houses, investments banks, stock broking firms etc.