What is the eligibility criteria to be a Stock Broker?

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RE: What is the eligibility criteria to be a Stock Broker?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Confidential
  • Chandigarh

Globalization and liberalization of economy have made the stock broking as a lucrative and promising career option. A stock broking is one of the segment of finance which deals with buying and selling of shares and other securities through market makers.

A stock broker conduct financial analysis for external or internal clients as a main part of the job. An ideal qualification to make a career in this field is a graduation degree in finance related discipline.

For becoming certified stock broker , one needs to pass a certification exam. In order to take the exam one needs to have experience of minimum four months in brokerage firm. National stock exchange and Bombay stock exchange offers various certified courses in this field.

The career prospects in the field of stock broking are very bright for those who are qualified to handle the business and possess required personality traits to cope with it, there is no dearth of employment opportunities.

The qualified professionals can explore career opportunities under various fields. He may work in:

Business houses

Stock broking firms

Investment Banks

One can work as a dealer or an analyst ( to be an analyst , one needs to be a MBA or CA)

Some of the major players in trading and stock broking in India include companies like Kotak Securities Limited, Angel Broking, Karvy Stockbroking, Anand Rathi, Geojit Financial Services Ltd, Thomson Reuters.

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