Thursday, August 23, 2007

Stockbroker

Stockbroking as a Career

Stockbroking is a high-profile career which offers great financial rewards. Today, the National Stock Exchange provides a nation-wide network of trading facilities. Automated trading facilities and transparency in market operations call for professionals who can meet the demands and expectations of investors. Accordingly, the stock-broking business draws many specialists for its operations – stockbrokers, economists, accountants, finance managers, financial analysts, capital market spe-cialists as well as investment and financial planners. To be a stockbroker,you have to be a graduate with a minimum of two years work experience in a stockbrok-ing firm. Registration for bro-kership is granted on the basis of experience as a sub-bro-ker and on the recom-mendation of a registered broker.

A postgraduate course in Finance & Control/Commerce/Economics is useful for entry into this business.
Training Institutes: (1) Bombay Stock Exchange's BSE Training Institute, Mumbai; (2) The All India Centre for Capital Market Stud-ies, JDB Institute of Management Studies & Research, Nasik-422 005; (3) The Institute of Capital Market Development, 1965, Arya Samaj Road, Karol Bagh, Delhi-5; (4) The Institute of Company Secretaries of India, ICSI House, 22, Institutional Area, Lodhi Road, New Delhi-110 003; (5) The Orion Institute of Capital Market, S-11, Adarshini Plaza, 91, Adchini, Aurobindo Marg, New Delhi; (6) The UTI Institute of Capital Markets, Plot 82, Sector-17, Vashi, Navi Mumbai-400 705.

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