Special Video: Stock Market में Full-Time Careers क़ैसे बनाएं? #SEBIRegulations - YouTube

Is it possible to make a full time career in the stock market? Which careers are possible in the stock market?

I will tell you all in this video so please watch it till the end. I will explain all the career options and its scope

what should be your action if you want to get into that career

I am Vivek Bajaj and I am in the market for some time now and I understand what happens in the market

stock market is a career which we all want to pursue. It seems like we can earn a lot of money and make a good career

it's not wrong. Once you set a career in the stock market then you can earn a lot, either with your money or someone else's money

you can earn a lot if you follow to the right career path. In this video I will explain the right path for you

and the options that you can explore. Let's divide the discussion into two parts

first you have money and you want to create a career out of that money.

second you don't have money, either you want to do a job from someone else to make money in the market

firstly if you have money and if you want to create more money from it then you're involved in the market full time

then either you are a full time trader or a full time investor, then you need to open an account with a broker

it can be either a discount broker or a technology broker or traditional broker.

You need to open an account as a client, deposit your money and start trading or investing

you don't need any qualifications for this, so you don't need to pass any examination

if you want to gain more knowledge and become better at it, then there are a lot of courses and YouTube channels

who are teaching you. Learn from them and become self-reliant and participate in the market

but for me it's more important to discuss on the other option. If you don't have money and still want to create a career in the stock market

one option is entering the market and managing someone else's money, or if you want to do a job

there are some qualification requirements that you need to complete. These are different from your academic qualifications

if you are pursuing BCom or arts or history. It's not required for you to complete your graduation in Commerce

you can graduate in any stream, you can be a science student and still enter the stock market

there is no preference for Commerce students to get a job in the stock market

it is preferable to be graduated and important to pass the market regulators qualifications and certifications

I will take this forward tell me about the qualifications of the market regulator. there is an organisation NISM

National Institute of Securities Markets established by SEBI. if you want to be associated with the market full time

not with your own money but if you want to do a job or manage someone's money or advise others

then you need to be certified by NISM. What certificates can you take?

if you go to the NISM's website and click on certifications, you will get to know the exams that you need to take

let's go to the certification exams. We have a list of the NISM exams and the purpose

some example mandatory and some are voluntary. If you want to become a dealer in derivatives

that means you're working on behalf of the client, the client has to tell you to execute the trade

if you want to become a dealer in derivatives, then you need to pass the exam in derivatives

that is NISM series 8, the exams on equity derivatives. You need to pass this

as soon as you pass this you will get the certificate, approach any broker who can employ you as a dealer

if you want to trade in commodities or currency or interest rate, NISM has created an exam called common derivative exam

NISM Series 13. If you pass this exam, then you can be employed under any broker for any asset

the first step if you want to become an employee in the stock market and apply to any broker

then I will recommend you to give NISM Series 13 exam, pass it and apply for job with any broker

second if you don't want to become a dealer but advice your clients or give recommendations to buy or sell a stock with stop loss and take profit

recommended sector to buy, or give any research oriented Input and become an employee, then you need to clear the NISM's research exam

That is the NISM Series 15. There are two occupations in research analysis. One you can become an employee in a broking firm or a research firm

Or you can start your own research as an independent research provider. Even this is a very good occupation

and a lot of people are adapting to this occupation. They're Independent and not associated with any broking firm

it is their own research firm and provide research services against a monthly compensation or a quarterly compensation from the client

After taking the certificate of research analyst, you need to take a license of research analyst from SEBI

for you to start your own Research Analysis. If you go to a company as an employee,

then that company must have already taken the license under the research analysis regulation

you just need to add yourself there. But if you want to start your own, when you can start as an individual or as a firm

if you want the license of research analysis then you need to pass this exam and apply in the SEBI's website

they have a certain criteria provide you the license, and you need to continuously pass this exam as each exam has an expiry period

you need to keep asking this exam so that you can continue the license. You can get the details in SEBI website

I am not covering the details but I will once I get the opportunity

if you want to become an investment advisor. These are two different things

research analyst job is to provide research, they don't care whether the client is using the research or not

if you want to become an investment advisor then you are advising the client to invest in a Portfolio or in a stock

it's very personalised and client-specific, when you need to take a license of investment advisory

you need to pass an exam for investment advisory's license. There's an exam 10A

Both 10A and 10B are related to advisory, but you need to pass the 10A, it's mandatory

and apply with the SEBI for an investment advisor which has its own criteria

you need to pass this exam. What's the difference? Research analyst only provides the research

they cannot advise. Investment advisors advise people which is client specific and not generic

if you become my client then I need to know you. I need to do your KYC( know your client), ask for your information

I will advise as per the information. KYC is not required for research analysts, they don't want to know which clients are consuming the research

if you want to pursue a full time occupation in the share market as a professional and not as a client

you can open any account with the broker as a client, and you don't need to pass any exam for that

but if you want to enter the market as a full time professional,

then you can either become a dealer or a research analyst or an investment advisor

These three are the broader occupation options available. Can you become employable after clearing these exams?

the more qualifications you have, the more knowledgeable you project, the higher opportunities for you to create your business

if you talk about employee ability, then a CA, a CFA or an MBA finance along with the NISM certificate will have higher chances of getting a job

if we talk about business then if you go to a client with just an NISM certificate, then it won't be sufficient

you might need an add on qualification. That's why if you have CA CFA or CFP or any other add on qualification

which is globally recognised, then you will benefit from it. If you were not able to clear CA CFA or CFPA

but you still want to create a profession in the stock market, then NSE Academy which is a part of NSE provides a lot of courses.

that is this one course which we have also partnered with, it's called CRTA.

if you go to the NSE's website, you'll see the program CRTA.

CRTA program gives you comprehensive knowledge where you have the potential to become a research analyst, trade and become an advisor

those who cannot do CFA as it is expensive and it takes a lot of time. They can do the CRTA qualification

and take the NISM's qualification. You need to do the CRTA along with NISM's qualification

you will not get the final CRTA certificate if you do not do it. You can do this specialised certificate to apply for a job in the market

my experience of running CRTA, almost 650 people have taken this program

typically people start their own business after taking this program. Either they become sub broker

sub broker is when you get associated with any broker and start working with your client or become a research analyst

start selling their own research to clients, or become investment Advisors

and fulfill their client's financial needs in equity, mutual funds, and insurance

you can either complete those qualifications and the NISM qualifications and apply to SEBI

as an independent professional or you can apply for a job in a company.

In both the cases an add on qualification increases the chances of your success

this was a small introduction and how you can start in the market full time

I hope you like it. I will provide the CRTA qualification link in the video

check out our website if you want to explore that course. NISM certification is a standard practice

you can apply from here and get all the details in this website. Some NISM certifications are add on

you can do it if you want to but from a job oriented or an employability oriented or profession oriented

the information I have given you sufficient. You do an add on if you want for more benefits and a better resume and higher employability chances

this was a small initiative to tell you the different types of occupation in the share market

I hope you liked it and you share this initiative with others and spread awareness to those who want to make a full time career in the market

thank you friends