Runal Ashish Chavan

What is a typical salary structure of an average Stock Broker?

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by Runal Ashish Chavan
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RE: What is a typical salary structure of an average Stock Broker?

Prathamesh Kapote
Prathamesh Kapote
Verified Career Expert
Founder And Director At Canvas Career
  • Nasik

Hello Dear Friend,
Welcome to CareerGuide!!!
Thanks for writing to us.

Stock Broking is one of the field that has been growing constantly. As it is one of the field that is related to Finance and Economy so it has tremendous career opportunities. Stock Broker plays an important role between the Corporate Companies and the Clients. Stock Broker is a person who is involved in the buying and selling of stocks in the market,mainly for their clients.A stock broker is always in touch with the client updating the client with the current market fluctuations and advise them whether to buy or sell the shares and at what price. And yes they also make sure that their stock broking company earns a profit at the end of the day.

India's market is growing steadily and so one who aspires to make career in this field have a rewarding career with vast opportunities for growth.

After completing a proper educational qualification i.e graduation in stock broking can enter into this field.
Apart from graduation one can also do its Master of Business Administration in Financial Market. The career options are good for MBA candidates in Financial Market.

In order to become a Stock Broker one has to register and become a member of a Stock Exchange. One must register with the Securities and Exchange Board of India (SEBI). SEBI governs all the stock brokers,protects the rights of the investors and acts like a regulatory body of the ever-fluctuating markets.

While talking about the Salary of the Stock Broker it all depends on the how much the broker generates the business i.e sales. While if someone is working for banks or insurance institutions one earns around 1,00,000-2,00,000 yearly while one also earn bonuses on the business that is done.
All the earnings depends on the sales rather than on salary.

Your expertise and knowledge with the time takes you to get high pays.

I hope you find this information useful and helpful.

Wish you Good Luck!!! sunny

Feel free to get in touch again.

Thank You

Warm Regards,
Prathamesh K.

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