Career Information > BFSI > Broker, Share Market

Last Updated on :16/10/2023
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Broker, Share Market

Aliases: Dalal, Share Market

Industry/Sector(s): BFSI


JOB DESCRIPTION 1

The tasks a Broker, Share Market is expected to perform include:

  • Furnishing information to prospective customers regarding shares, bonds, securities, prospects of business and market conditions
  • Buying and selling shares, bonds, securities, etc. on behalf of customers in stock exchange on commission basis​​
  • Studying balance sheets of various business concerns and market rates of important shares, bonds, securities, etc.
  • Explaining to customers about advantages and disadvantages of purchasing, selling or exchanging different types of shares, bonds, etc.
WORK ENVIRONMENT 5, 2
  • It is a desk job
  • Need not handle a team
  • Local travelling is not a part of this job role
  • Part-time work and contractual jobs are not available
  • Work from home option may be available
Working hours
  • Organizations usually work for 5/6 days a week for 8/9 hours everyday. This may vary from organization to organization
  • Shift system is not available
  • Overtime may be involved
Is the job suitable for a candidate with special needs?

This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), Blind (B), Low Vision (LV), and those who have their Hearing Impaired (HH)

This may vary from organization to organization

EDUCATIONAL QUALIFICATIONS AND TRAINING 3

Preferably, graduation in related field

KEY COMPETENCIES 1
  • Knowledge of buying and selling shares etc. in stock exchange
  • Proficient in maintaining account of day-to-day transactions
  • Well-versed with attending to all correspondence connected with the business
  • Knowledge of the finance industry as a whole and understanding economic conditions and trends
DESIRABLE COMPETENCIES 4, 1
  • Excellent communication skills
  • Mathematical skills
  • Good analytical skills
  • Aptitude for research and financial writing
  • Basic computer skills
AVAILABLE SKILL TRAINING AND LEARNING INSTITUTES 
  • BSE Institute Ltd.
    http://www.bsebti.com/

     
  • NSE
    https://www.nseindia.com/

     
  • Institute of Chartered Financial Analysts of India 
    http://www.icfaiuniversity.in/

     
  • National Institute of Securities Markets 
    http://www.nism.ac.in/
AVAILABLE SKILL TRAINING SCHEMES/SCHOLARSHIPS 


SAMPLE OF TRAINING AND LEARNING COURSES 


CAREER PROGRESSION PATH 1

Branch Manager, Share Market

        ↑

Cluster Manager, Share Market

        ↑

Broker, Share Market

        ↑

Sub-broker, Share Market

The progression is indicative

EXPECTED EARNINGS 4
  • For new entrants - Rs 15,000 to Rs 18,000 per month

These figures are indicative and subject to change​

REQUIRED WORK EXPERIENCE 4

Generally, 0 - 3 years of experience required

PROBABLE EMPLOYERS 4, 5

Stock broking firms

KEYWORDS 
  • Dalal, Share Market
  • Full Service Broker
  • Discount Broker
OCCUPATIONAL CODES AND STANDARDS 
StandardCodeDescription
NCO 20153311.0100Broker, Share Market
ISCO 20083311Securities and Finance Dealers and Brokers
NIC 200866120Security and commodity contracts brokerage
QP ReferenceNot availableNot available
NSQFNot availableNot available
REFERENCES 
1National Classification of Occupations Division 3
2

https://targetstudy.com/professions/stock-broker.html

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