Pay and Remuneration
A Broker/ Trader usually gets around Rs. 3 lakhs to 4.5 lakhs per year in the beginning.
There are many stock exchanges in India with more than 7000 listed companies. This offers a huge potential and room for many qualified people to take broking as a career.
Warren Buffett: Probably the best known investor and world’s wealthiest man. Started selling securities for Buffet-Falk and company and then worked as analyst with Graham Newman Corp. Then he ventured into family investment partnerships and later invested in businesses.
A day in life label
Stock brokers invest in stock markets for individuals or corporations. So a lot of time of the day is spent in finding new clients with funds to invest in the stock market. Stock brokers also do their research, analyse companies and investment opportunities and stocks to buy/sell or hold. Before the market opens they also devise trading strategies. The time for which the market is open is spent in monitoring the market and in making the actual transactions and coordinating with the clients for their decisions. After the market time, they have to make trading reports and it is again time for researching the stocks and getting new clients.
If you are not too keen in making a career in the stock market, then you can read up on various other career options available on MapMyTalent. Some of the careers are listed below for your reference. however, one must ensure that the decision of choosing a particular career must not be a hasty one, rather, it should be based on thorough research and an understanding of ones own aptitude, personality and interests.This can be done through the Aptitude Test and the Personality Test available at MapMyTalent.