Career and certifications in Financial markets.

             

     Indian Financial market  have witnessed tremendous growth after establishing nation wide electronic trading in 1992 by National stock exchange.After that,Bombay Stock exchange,Oldest stock exchange in Asia, also moved from open outcry floor based trading to an automated screen based trading. Establishment of Multi commodity exchange in 2003 changed the way of commodity trading too.

        Now,an investor can easily trade using a desktop or mobile terminal with an internet connection.Rising number of investors and market participants,provide lot of career opportunities for the skilled persons. A career aspirant should obtain required skills sets to choose a role in Equity,commodity or currency markets.

     Like RBI regulates banking sector, Indian stock market is monitored by Securities and Exchange Board of India.Under the supervision of SEBI, Two major stock exchanges named BSE and NSE have lot of  intermediaries like stock broking firms,Mutual funds and Portfolio management companies. After certified from a financial market education body, a graduate  can start career as a stock or commodity dealer in stock broking companies.Responsibilty of a Dealer is punching the orders in trading terminals on behalf of the clients.Stock Broking companies have various departments like Dealing, Client Relations,Back Office,Surveillance,business development and Operations.Career opportunities in Mutual Fund companies include business development ,management and Equity research.

    Most of these firms requires any of the cerification given below.

NSE's Certification in Financial Markets

         This is an online testing and certification programme by National Stock Exchange of India.NCFM modules adress all kind of students from beginners to experienced persons.A fresher can start with Dealer modules in Capital market ,Derivatives  and Depository. NSE Certified Market Professional ( NCMP ), an advanced certificate is issued to the candidates passing  3 or more NCFM modules.To know more visit,NCFM

NSE also offers Proficiency certificates like Certified Derivatives Champion (NCDC) and  Certified Investment Analyst Champion.NSE have tie up with few universities to offer BBA and MBA programs exclusively designed for financial markets.Undoubtedly,These certificates will add  value in your bio data.

Certifications from Bombay Stock Exchange

       BSE Institute, training division of Bombay stock exchange provide classroom programs and certifications. BSE's Exams like BCSM and BCDE are good,but not popular like NCFM.However,Post graduate programs from BSE Institute will be good for serious students.

You may See their courses at BTI

   Commodity futures market is still in a nascent stage in India, although abroad opportunities are high .If you are passionate in commodies segment,below certifications  will give essential knowledge.

MCX Certified Commodity Professional

MCCP, A class room and certification programme from Multi Commodity Exchange, is a mandatory certificate required in all branches of  commodity broking firms.For More details,visit : MCX course

NCDEX Commodity programme

  Another commodity certification can be obtained after passing exam of  NICR, a subsidiary of National commodity exchange.To know more details about this course , you may visit: NICR course

Next emerging segment is  Currency Derivatives market and the  certification programme comes under NISM,an institute established by Securities and Exchange Board of India,.They conduct post graduation programs and  mandatory certifications for a career in mutual fund,investment advisory,research and compliance firms.

Details are available at : NISM

           All these cerifications are exclusively designed to address the skill gap in Indian financial market.If you are trying a designation in global markets or wealth management field,professional credentials like  CFA , CFP and CWM will give you a career advantage.