Last Updated on January 20, 2023 by Tabraiz
A stock market is a platform where you can buy and sell shares and securities. A buyer can purchase share certificates in the stock market and earn profits without incurring the expenses of starting his own business. A company can sell its stocks to raise capital from the public quickly. The purchase of a company’s stock is linked to a growth in the company’s value and a rise in the country’s economic activity. Therefore, the stock market offers a symbiotic relationship to listed companies and investors both. Let us see how stock market trading is a career option.
Career Prospects of Choosing Stock Market Trading as a Career
With the remarkable growth in the stock market, career prospects have also increased in this area. People from varied backgrounds and education are showing an inclination towards the stock market. To become a successful investor or trader, one must know what is demat account, how to read financial statements, how to understand fundamental and technical analysis, etc.
Choosing stock trading as a career option brings you the following benefits:
- Stock market trading offers much more flexibility than a regular job.
- A stock market trader can plan his career path at a speed that is comfortable to him.
- With time, one can earn handsome profits from the stock market.
- As one progresses in his stock market journey, he can move from the cash market to the derivative market and take benefit of leverage.
- Once you have gained in-depth knowledge of how the stock market works, you can become a researcher or trainer in the field.
- You can also become an investment advisor or research analyst and earn well as a consultant.
What Kind of Jobs can People with a Degree in Finance, Commerce, and Account do in the Stock Market?
Stock market trading and investing is the priority role one likes to take up in the stock market. However, there are several other job roles that a person with the right educational background can take up in the stock market. Learn about the difference between demat and trading accounts and become a:
Financial Advisor
Investment Advisor
Research Analyst
Financial or Equity Analyst
Market Researcher
MF Distributor/Advisor
Insurance distributor/advisor
What are the Eligibility Criteria for Stock Market Trading
Stock market traders do not require a professional degree to enter the stock market. However, an understanding of mathematics, finance, commerce, and business can be helpful. There is no minimum age to start stock market trading. An individual 18 years or above can open a demat and trading account in his name and begin trading. A minor can also gain experience in the world of stock trading by opening a demat and trading account under the guardianship of his parents.
The Importance of Trading in the Economic System
The stock market has a provision for people from all walks of life to participate in the economic growth of a country. People can invest their idle cash, earning hardly any interest return in a bank account to invest in the stock market for higher returns. The money people invest in the shares of a company contributes to the company’s funds it can use for the growth and expansion of its business activities. The company can create better employment opportunities for people and contribute to the economic development of people and the nation as a whole.
As more and more people are becoming aware of the benefits of becoming a stock market trader, stock market trading has come up as a serious profession for people to earn a livelihood and work on their own terms.