A seasoned broker who purchases and sells shares as well as other securities by the means of Agency Only Firms or market makers on behalf of shareholders is called as a Stock Broker. A broker will be employed by a professional brokerage firm. There are several stock broker courses that are offered in India. The courses include postgraduate, postgraduate diploma and certificate courses. The Chartered Financial Analyst Equity Research is also a course that is available for interested students.

Qualifying Exam

In order to become a Stock Broker, an individual needs to register himself/herself with the stock exchange. To become a member, the aspirant will need to write an entrance exam and pass it. Subsequent to this, the aspirants will then have to undergo training. Some of the entrance exams available in this field are BSE Certification on Central Depository, BSE Certification on Securities Markets and BSE Certification on Derivatives Exchange. The BSE Certification on Currency Futures is also another entrance exam carried out in this field.

Who is eligible to apply?

Aspirants who seek to become stock brokers must have a Bachelors degree in Commerce or Economics. It is also required for them to have a work experience of a minimum two years in a stock broking company. To turn out to be a sub-broker, the basic qualification needed is a pass in class 12. A Postgraduate degree in Business Administration with is finance as the field of specialty is the requirement needed for students who desire to become Finance managers. The certification must be from a recognized institute of management.

How to prepare for exam and interview?

The most vital qualities an individual needs to become a stock broker is a sharp as well as analytical mind. It is mandatory for them to come in terms with the norms and regulations of the stock market. Once they come to understand the basic necessities, the aspirants will be able to deal with their job. As to prepare for the entrance exams, the students need to read a lot on the subject. Also working on questions of the preceding years will enable them to get an idea about the exam pattern as well as syllabus. At the time of the interview, the students need to be calm and think quickly. They must reply to the questions asked without any constraint.