DO YOU KNOW ABOUT STOCK BROKING
Who is a Stock Broker?
- Stockbrokers participate in the market by buying and selling stocks on behalf of their clients.
- They keep in frequent contact with their clients, keeping them informed about market swings and advising them on when and how to buy and sell.
- Simultaneously, stockbrokers ensure that their stock dealing firm generates the most profit in the long run. You can work as a full-service broker (for example, with ICICI Direct or Sharekhan) or a discount broker (for example, with ICICI Direct or Sharekhan).
- With India’s market continually developing, it’s clear that people who deal in market shares will have fulfilling professions with plenty of room for advancement. A job in the stock market could be a fantastic choice.
Stock Broker Qualification
- To become a stockbroker, you must have a bachelor’s degree and at least two years of experience working in a stock brokerage firm.
- To be eligible for his employment, a sub-broker (the prior stage of being a broker) must have completed the 12th grade. The minimum age is 21 years old. This is a fully integrated company.
- Stockbroking jobs aren’t the only ones available in this area. The stock market necessitates the expertise and abilities of specialists from numerous sectors, ranging from economists who understand the ins and outs of the market to financial planners who can provide you with sound stock guidance. You can also work as a financial manager, an analyst, or a market specialist.
Certificate Course
| Top Courses | Duration | Average Fees (INR) |
|---|---|---|
| NSE’s Certification in Financial Markets | 2 Months | 25,000 |
| NSE’s Certified Market Professional | 7 Months | 20,000 |
| Certificate Programme on Capital Markets (BSE) | 70 Days | 18,000 |
Eligibility Criteria
To be considered for admission to the Certificate Course in Stock Market, applicants must meet the following requirements.
- Students must pass their 10+2 Standard or equivalent with a grade of at least 60%.
- Students must get a minimal education from an accredited college or board.
Admission Process
The following are some of the most crucial factors to consider while applying for admission to an excellent Stock Market college.
- Academic performance is the first criterion. If you want to enroll in a top Stock Market college, you must achieve a high percentage of marks in your graduation or 10+2 year.
- The majority of Indian institutions offer this program through a direct or merit-based admissions process. If you choose a college that accepts applicants through an entrance exam, be sure to study thoroughly for the exam. Make an effort to begin studying at least a year before the exam.
- Before choosing a college, make sure that the college has enough trained staff to teach the subject. The stock market is a complex subject that necessitates a great deal of knowledge.
- Please check to see if the college has outstanding teaching quality and student placement cells. On the Indian Stock Market, an ideal Stock Market organization should give both theoretical and practical support.
Diploma and PG Diploma
| Top Courses | Duration | Average Fees |
|---|---|---|
| Post Graduate Certificate Programme in Financial Services (PGCP-FS) | 11 Months | 33,000 |
| Post Graduate Certification Programme in Financial Markets | 11 Months | 3,31,000 |
| Post Graduate Diploma in Financial Markets with Sri University | 1 Year | 3,19,000 |
Eligibility Criteria
- A Bachelor’s degree from a recognized institution or college in any discipline with a minimum grade point average of 50% or an equivalent CGPA score.
- Students from the SC, ST, and PWD communities receive a 5% discount.
- Candidates in their last year are still eligible to apply, however, their acceptance will be conditional on their final grades.
Admission Process
- Choose the colleges you wish to apply to and prepare for their admission tests. Fill up an application for one of these entrance tests. It is strongly advised that you take the CAT, as CAT scores are taken into account by practically all colleges.
- It is necessary to study for and take the MBA entrance exam. The student must be properly prepared because the outcomes of this test will determine which college he or she will attend.
- Students are shortlisted for institutions depending on their admission exam results. To advance to the next round of the admissions process, the college will produce a cut-off list, which you must meet.
- To examine a candidate’s competence and abilities, colleges use Group Discussion (GD), Written Ability Test (WAT), and Personal Interview (PI).
Undergraduate Courses
| Top Courses | Duration | Average Fees |
|---|---|---|
| BBA Finance | 3 Years | 1,00,000 – 3,00,000 |
Eligibility Criteria
Applicants must meet the following prerequisites to be considered for admission to the BBA in Finance:
- Candidates with a 10+2 diploma will be admitted to the Bachelor of Business Administration in Finance program.
- Students must score a minimum of 50% in their 10+2 classes to be admitted to most institutes.
- For some institutes, the percentage requirements are as high as 60%.
Admission Process
The majority of admissions are made on the basis of an entrance exam. This course’s application procedure is explained below –
- To be admitted to the Bachelor of Business Administration in Finance program, students must pass the 10+2 class with a minimum of 50%. From one university to the next, the percentage required for admission may fluctuate.
- Some colleges admit students to the BBA in Finance degree simply on the basis of their 10+2 grades, while others need a joint entrance exam.
- Applicants are admitted exclusively on the basis of their entrance exam merit after the examination merit list is prepared.
Entrance Exam
| Exam | Registration Dates | Exam Date |
|---|---|---|
| SET BBA | 18 Feb 2021 | June 27, 2021, July 10 to July 13, 2021 |
| DU JAT | May 2021 | 27 September 2021 |
| IPU CET BBA | 1st Week of May 2021 | 29 August 2021 |
Postgraduate Courses
| Top Courses | Duration | Average Fees |
|---|---|---|
| Post Graduate Program in Security Analysis | 2 Years | 1,59,000 |
| Executive MBA in Financial Markets | 2 Years | 4 – 15 Lakh |
Eligibility Criteria
- A Bachelor’s degree from a recognized institution or college in any discipline with a minimum grade point average of 50% or an equivalent CGPA score.
- Students from the SC, ST, and PWD communities receive a 5% discount.
- Candidates in their last year are still eligible to apply, however, their acceptance will be conditional on their final grades.
Admission Process
- Choose the colleges you wish to apply to and prepare for their admission tests. Fill up an application for one of these entrance tests. It is strongly advised that you take the CAT, as CAT scores are taken into account by practically all colleges.
- It is necessary to study for and take the MBA entrance exam. The student must be properly prepared because the outcomes of this test will determine which college he or she will attend.
- Students are shortlisted for institutions depending on their admission exam results. To advance to the next round of the admissions process, the college will produce a cut-off list, which you must meet.
- To examine a candidate’s competence and abilities, colleges use Group Discussion (GD), Written Ability Test (WAT), and Personal Interview (PI).
Skills Required to Become a Stock Broker
| Analytical Skill | Research Skills | Ability to sell |
| Record Maintenance | Patience and Discipline | IT and maths skills |
| Strong decision-making skills | Negotiation skills | Knowledge of economics and accounting |
Average Salary of a Stock Broker
- A stockbroker’s remuneration is mostly determined by their qualifications and performance. The initial compensation ranges from INR 2 to 3 lakh per year.
- With applicable experience, a remuneration of INR 5 to 7 lakh per annum is possible. In addition, depending on the brokerage business, they may receive a bonus and compensation based on performance.
- Doing business in stockbroking has a lot of potential. There are several job openings for individuals who are qualified to handle this business and possess the requisite personality attributes to succeed in it.
Experience Wise
| Job Profile | Freshers Salary | Experienced Professional Salary |
|---|---|---|
| Sub Broker | INR 1-3 lacs (approx.) | INR 4-6 lacs (approx.) |
| Stockbroker | INR 2-3 lacs (approx.) | INR 5-7 lacs (approx.) |
Specialization/Course Wise
| Specialization | Salary |
|---|---|
| Selling Agents | INR 3,00,000 |
| Buying Agents | INR 3,00,000 |
| Real Estate Consultant | INR 3,25,000 |
| Commercial Broker | INR 3,50,000 |
| Mortgage Specialist | INR 4,00,000 |
| Brokers | INR 4,50,000 |






