Several investors and traders in the stock markets become too eager to learn about career opportunities in the market after generating some profits. It is true, that the markets offer lucrative opportunities to investors and traders but taking it as a career is an entirely different scenario. There are numerous career options that a person can pursue if he/she has the right knowledge, skill, and profitable experience in the stock markets. So let us explore various qualifications one can get to pursue a career in the stock markets.
The bare minimum:
If you are thinking about the markets, then the first and foremost eligibility criterion in the markets is a profitable experience of at least 6 months. If one is not profitable, then one needs to first work on their skills to reach the threshold.
Keynote: Until you have achieved this, there isn’t any point in thinking about markets as a career.
Firstly, it is important to understand that you do not need a degree or background in the field of commerce to start your Investing and Trading journey in the markets. If someone tells you that, it’s just a reflection of unawareness. Anyone, literally anyone who can operate a cell phone and can understand some terms in English, has all the right to be in the markets.
PS: Now, even the broker platforms are offering native language support, so much easier.
If you are a complete beginner, you can also consider the certification for the online stock markets course offered by the National Stock Exchange (NSE) Academy. It offers basic insight into financial jargon like Equities, IPOs, Derivatives, Technical Analysis of the stock market, Macroeconomics, and Financial Planning taught by several instructors. The objective of the course is to equip the participant with the necessary stock market theory with some implementation know-how so that students can apply the same in researching equity markets for wealth creation.
There is also a certification program offered by the National Institute of Securities Market (NISM). To get this qualification, people must sit for the exams taken by NISM. In the end, the candidate gets the certificate if he/she manages to pass the exam. There are different eligibility criteria for different exams. The requirement of which exam to clear depends on the organization and the open position. This can be checked on their website under the Certifications portal.
One can also go for a Chartered Financial Accountant (CFA) certification if he/she wants to increase their qualification level. The CFA designation is considered premier by most finance professionals, especially those in the areas of research and portfolio management. The CFA program teaches its students the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. CFA’s can be found in different areas of the financial services industry, while others prefer working for governments in regulation and public policy. CFAs are in high demand at institutional investment firms—such as hedge funds or mutual funds—broker-deal organizations, insurance companies, pension funds, banks, and universities.
If one aspires to be qualified as a broker, then they need to be at least 21 years of age, should have passed 12th standard or any other equivalent examination and should have an experience of two or more than two years as a partner or authorised assistant with a member. Some initial deposit is also to be made to pursue stock broking. All the relevant details regarding to its qualifications and career path can be found on the NSE Academy website.
These were some of the popular career options and qualifications that one can look for in the stock market to earn their bread. One can become a financial analyst, investor, trader, technical analyst, derivatives analyst, equity analyst, broker, fundamental analyst, risk analyst, portfolio manager, investment advisor, market researcher, etc.
But are these qualifications and certifications mandatory to build a career in the markets? If one is searching for a job, then these qualifications add substantial weight to the CV. But nowadays companies are valuing skill, knowledge, and experience more than any degree. So, if one possesses sound knowledge about fundamentals, technical, wealth management, and portfolio management apart from investing and trading in the markets for a long, then they have better chances of grabbing the opportunity.
But does one need to have certification to trade and invest in stock markets?
So, if one wants to trade or invest in the markets, one must understand basic English and class five maths to excel. Markets are that much simple if one starts walking on the right path from the first day. A mentor who provides support at any stage of your journey in the markets makes things much easier and more convenient. Thus, one of the simplest and easiest ways to learn is by enrolling and completing a stock market course.
A bonus, you will love…
We, at Goela School of Finance, provide a complete mentorship program where we teach our students the basics to advanced concepts of the stock market. It is one straight-shot solution where one can grab the A-Z of markets in just one course – ISMA 2.0 (Irresistible Stock Market Architecture).
In the program one also gets access to the exclusive GSF Community, LIVE training meetup twice a month, and access to a lot of tools and strategies for trading and investing. The review of the course has been phenomenal and students from across the country have vouched for it, so much that it has an average rating of 4.8 stars. All those who went through the course have written in their reviews that the course is well designed and is very easy to understand.
ISMA 2.0 has changed the perceptions about investing and trading by helping the students to learn several aspects of money like compounding, various assets for investing, money habits, money management, etc.