Are you an investment or market research enthusiast with a knack for understanding the volatile stock market and what investors want? If yes, then you might want to consider turning your passion into a lucrative career in the stock market. This is your chance to make the most of your interest and build a successful career in the stock market.
To help you achieve your dreams, we have put together a guide that will help you decide the profile that suits you best. So, let us start your journey to financial success by exploring some careers in the stock market and the investment sector.
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Careers in stock market
Careers in the stock market are very lucrative. Companies and investors are always on the lookout for talent who can help them multiply their profits. This skill does not come naturally to people; you need to have a skillset and a strong passion towards the market and the investment sector to succeed in your career.
Here are some options for careers in the stock market to help you get started:
Advisor
Did you know that there is an exam you can clear to become a certified investment advisor in India? By clearing the NISM investment advisor exam, you can become a financial consultant or investment advisor for a firm or individual investors to help them understand trading tricks and strategies for investing.
Stockbroker
One of the most popular careers in the stock market, a stockbroker is the intermediary between the stock exchange and an investor. Usually, organisations provide services as stock brokers, where they buy and sell shares on behalf of an investor. Individual brokers or firms also offer such investment services. You can directly engage with individual investors as your clients and earn commissions on their profits. This can be financially beneficial for you and the investor.
Investment banker
Becoming an investment banker is one of the highest-paying careers in the stock market. Large corporations hire an investment banker to do their IPO issuance and underwriting work. These individuals give financial advisories and oversee mergers and acquisitions. You can join an investment bank and work as an in-house financial consultant overseeing the stock market for the bank. However, you must have an MBA degree to take up this profession.
Research analyst
Without intensive research, you cannot predict how the market will move. Breaking down the past data is crucial for positively evaluating the future. Hence, research analysts are crucial for large corporations and firms as they do not conduct their own research and depend on other agencies or teams of individuals to keep them updated and informed about the market.
Relationship manager
This role requires you to maintain relationships with important clients and the large investment firms representing them. This is not an easy task because things can become chaotic when certain significant or risky investments do not work out. Not all clients handle risks and losses well. In such scenarios, relationship managers are often the mediators to ensure that the investor understands the volatility of the market and their interests are protected, as are the firm’s.
Portfolio manager
You can manage the portfolios of individual investors by keeping them balanced, giving them advice on the suitable investment to benefit their portfolios and helping them prevent losses.
Also read: Why is the share market down
Jobs in the stock market
There are multiple sought-after job profiles in the investment sector and stock market. Depending on your interests and desired job profile, at least one of the following can be considered a suitable career in the stock market.
Data analyst
If you have excellent data analytic skills and a knack for the stock market, a data analyst job might fit you perfectly. This is because quantitative analysis is the key to making decisions in the stock market and investment sector.
Fund manager
Collective investment schemes such as ETFs and mutual funds have a fund manager to ensure that the stocks collected in the fund are well-balanced and profitable. Avoiding portfolio risks and managing the day-to-day fund performance is also a part of their job profile. Banks often hire fund managers to regulate their schemes.
Derivative expert
This is a fairly technical job profile. A derivative expert is responsible for helping investors with financial contracts based on stocks. These include contracts like futures and options.
Financial analyst
If tracking market trends is your passion, becoming a financial analyst might be the perfect career in the stock market for you. You must give investment recommendations and options to companies, investors, and firms with significant clients. Even research firms, AMCs, and other advisory companies often hire financial analysts on a freelance or permanent basis to advise them on market conditions.
Conclusion
After evaluating all job options, if you genuinely believe you are interested in the market and how it works, the finance industry is among the most exciting places to work. You can explore a wide range of jobs in the share market, such as working as a broker, a freelance advisor, a researcher, or other jobs in stock broking firms. You can even choose to work for a fund house, investment research firm in India, AMC, and more. Browse the job openings and select a position that you believe will help you grow professionally.
