Students across all strata across length and breadth of the country are always looking for the Best courses after graduation, best courses along with graduation, Best courses after 10+2, Best Courses after Secondary or Higher secondary courses
There are many professions in the Indian market, there is, however, a shift in understanding the job markets. People are venturing into never explored fields and a mid-life career change is also gaining popularity.
One such field is the Stock Market, which has been misunderstood for long and had carried not so good image. But this is one of the best career option available as on date with the best career opportunities in Financial Markets.
Stock Trading in India began somewhere around 1875 under a banyan tree to Phiroj Jeejeebhoy tower in Mumbai. Since then it has undergone many changes and reforms – from Outcry Trading System in the trading ring to Online trading, from chopri & ledger accounting to accounting software, from share certificate to electronic system of holding the shares and securities.
When one sees the blue and red light blinking on the screens, one may find it completely senseless but it is a completely structured market
How Stock Market Works
There is a number of shares enlisted on Stock exchanges. The NSE and BSE are the most popular ones, with there own index NIFTY and SENSEX
Brokers/Sub-brokers buy and sell shares on behalf of their clients. These sub-brokers may work independently or with some business houses, broking firms, investment banks.
Also, there are Fund managers who manage the money of individuals (Mutual Fund) and corporate. They make strategies for investing to generate ROI. They are supported by the Analyst who analyzes the moves of the market.
Changes in Economic/Financial Scenario in India
There has been a drastic change in the Indian Economy and with the event of Digitalization of Money and many more economic reforms are taking place. Some of them are visible and some will show effects in time to come.
The Indian financial Industry is under reformation of least professionalism to utmost professionalism.
Post economic reforms Indian stock markets saw many changes, one major change which brought procedural & operational changes in our stock trading system was the formation of SEBI (The Securities and Exchange Board of India).
Pre SEBI era the stock markets were governed & run by a group of brokers, but SEBI’s control changed the scenario. The small brokers were replaced by the bigger corporate and banks like Reliance Securities, ICICI Bank, Birla, TATA’s.
SEBI started broker registration with SEBI and made it compulsory to clear the exams of NSE –NCFM and NISM series for every kind of operation.
As per NSE, there will be 1 crore plus jobs in the Financial Industry in next decade.
What is making Securities/Share Market sector so popular?
The need for Stable, Paying, Respectable, Office Seating job with ample growth opportunity makes it so popular. Not only this it gives you a dual scope of Business and Job.
This field has Fewer competitions and better and Stable placements.
Why are courses like DFM/ADFM are so popular?
There are very few institutes in India who are offering courses in Share Market and Stock Market at the graduation or postgraduation level. This is well-accepted course by the industry and one of its kind professional and skill-oriented programme after 10+2
It is mandatory for dealers to clear the exams. There is a prescribed syllabus for Share Trading Courses. Share Market Courses are designed in a fashion and contents of stock trading courses are of the nature to make a better understanding of dealer on the subject.
These courses are considered to be beneficial to student at every educational level like from secondary education to professional education like C.A, ICWA, M.B.A, DOCTORS, LAWERS, to name a few because these courses by nature are of financial literacy and also very useful to entry levels traders and investors in stock market.
These certificates are now mandatory for anyone who wish to join Stock Market/Share Market/Securities Market/Banks/Depositories/Asset Management companies.
Exams conducted by examination bodies of NSE-NCFM and NISM ensure that the candidate has a minimum basic knowledge as a benchmark before he/she enters the Financial Market, Share Market, Stock Market.