Stockbroking
Stockbroking is a high-profile career which offers great financial
rewards. Today, the national Stock Exchange provides a nation-wide
network of trading facilities. Automated trading facilities and
transparency in market operations call for professionals who can
meet the demands and expectations of investors. Accordingly, the
stock-broking business draws many specialists for its operations -
stockbrokers, economists, accountants,finance managers, financial
analysts, capital market specialists as well as investment and
financial planners. To be a stockbroker, you have to be a graduate
with a minimum of two years work experience in a stockbroking firm.
Registration for bro-kership is granted on the basis of experience
as a sub-bro-ker and on the recommendation of a registered broker.
A postgraduate course in Finance & Control / Commerce /
Economics is useful for entry into this business.
Training Institutes In India
1. Bombay Stock
Exchange's BSE Training Institute, Mumbai
2. The All India
Centre for Capital Market Studies,
JDB Institute Of Management
Studies & Research, Nasik - 422 005
3. The Institute Of
Capital Market Development, 1965 Arya Samaj Road, Karol Bagh, Delhi
- 5
4. The Institute of Company Secretaries of India, ICSI
House,
22, Institutional Area, Lodhi Road, New Delhi - 110 003
5. The Orion Institute of Capital Market, S- 11, Adarshini
Plaza, 91, Adchini, Aurobindo Marg, New Delhi
6. The UTI
Insitute of capital Market, Plot 82, Sector - 17, Vashi, nave Mumbai
- 400 705
What is Forex?
Different countries
have different money. U.S. Dollar... Japanese Yen... Euro...There
are about 8 major world currencies and over 100 minor ones.
When someone wants to exchange Dollars for Yen, he uses the
Dollar/Yen Foreign Exchange rate, or Forex for short.
Forex
is BIG. Much bigger than the stock market. Forex is the largest
financial market in the world, with billions of dollars worth of
trades every single day, mostly by large national banks and foreign
governments.
The huge back and forth trading of currencies
means that an exchange rate like the Euro/Dollar doesn't stay at one
level for very long. It changes minute by minute, like prices on a
stock chart, but 24 hours a day (because it's always daytime
somewhere in the world), giving individual traders plenty of
opportunities to make money.
BSE Training Institute, which is famously known by its acronym BTI,
enjoys the patronage of the entire spectrum of financial community
in India. Recently, BTI has expanded from ˝ Floor, to 1 ˝ Floor at
P.J.Towers, i.e. 18th Half and 19th full floor which includes
state of the art 50 Seater Certification Center, which includes
TFT Monitor and Linux Virus Free Operating Platform, along with
we have the additional facilities of 80 Seater Classroom,
50 Seater Classroom, 30 Seater Classroom, 30 Seater Computer Lab,
20 Seater Conference Hall, Reference Library and a Dinning Hall,
providing the best of the amenities to our participants.
Today's progressive brokers deal in billions rather than in millions.
Brokers now have all their operations computerized and employ qualified
industry specialists to advice on buying and selling of stocks.
BTI currently offers 36 courses on which about 183 programmes are conducted
that are attended by over 6,500 participants a year. International participation
includes representation from a number of regions such as South Asia, Central Asia,
Eastern Europe, Middle East and Africa. BTI’s endeavours are now towards developing
the training facility as a leader for knowledge management in the South Asian region
that would cater to the requirements of a rapidly growing financial sector. BTI also
conducts various customise programmes for leading corporate and financial institutions.
BTI runs a three month part time Certificate Programme on Capital Markets
jointly with the Jamnalal Bajaj Institute of Management Studies,
which is highly popular programme in the Indian financial markets.
Successful participants of this programme are awarded certificates
by the University of Mumbai. Any graduate stock broker, sub-broker,
Investment Consultant, Portfolio Manager, professional from the Depository,
DPs, Banks, Insurance Companies, Mutual Funds, Custodians, Clearing houses,
Financial Institutions and Management students is welcome to take advantage
of this comprehensive programme.
BSE TRAINING INSTITUTE
18th & 19th Floor, BSE, Bombay Stock Exchange Limited,
P.J.Towers, Dalal Street, Mumbai – 400 001
Tel.: 22721126 / 27 / 1233 / 34 Fax: 22723250
Ext. 8302,8303,8246,8759, 8247, 8161, 8197, 8184, 8464, 8175
Email: training@bseindia.com
|
Stock broking business requires the services of specialists (in varied fields) -
economists, accountants, finance managers, financial analysts,
capital market specialists, and investments and financial planners.
Postgraduate courses in economics and commerce are available in most
universities in the country. Finance managers may be MBAs with specialization
in finance from the reputed institutes of management or from the departments
of business administration of the major universities.
The Institute of Chartered Accountants of India (ICAI),
New Delhi, conducts the chartered accountancy course for the plus two
level through the foundation course and directly for graduates.
Prospects for the stock broking business are bright and for those who
are qualified to handle this business and have the necessary personality
traits to cope with it, the openings are many. Foreign firms are waiting
in the wings to secure government clearance for participating in
the stock exchanges. Indian brokers will, therefore, have to come to
terms with real competition and ensure international
standards of services to the investor.
More Information
-
Institute of Company Secretaries of India, New Delhi
Post-graduate membership course in capital market and financial services.
-
Institute of Capital Market Development, 1965, Arya Samaj Road, Karol Bagh, New Delhi-110005
One year postgraduate programme in fundamentals of capital market development.
-
All India Centre for Capital Market Studies, J. D. C. Byte Institute of Management Studies and Research, Nashik-422 005
One year post graduate programme in capital market studies, in collaboration with the Mumbai Stock Exchange Training Institute, leading to a diploma from the University of Pune. The course is open to graduates through an all-India selection process.
-
Mumbai Stock Exchange Training Institute, Stock Exchange Building, Fort, Mumbai
-
Institute of Financial and Investment Planning, B/303, Ventex Vikas, M. V. Road, Andheri East, Mumbai
One year correspondence cum lecture course leading to a diploma in financial and investment planning.
-
Institute of Chartered Financial Analysts of India, Road No. 3, Banjara Hills, Hyderabad
Courses on Chartered Financial Analyst Equity Research. The institute is also planning a number of other related programmes.
-
Institute of Financial and Investment Planning, B/303, Vertex Vikas, M. V. Road, Andheri East, Mumbai
One year correspondence cum lecture course leading to a diploma in financial and investment planning.
-
Institute of Chartered Financial Analysts of India, Road No. 3, Banjara Hills, Hyderabad
Courses on Chartered Financial Analyst Equity Research. The institute is also planning a number of other related programmes.
|
TRAINING PROGRAMME'S FEE
STRUCTURE (BSE Training Institute)
| |
|
| |
| No |
Course Name |
Fees per participant in
Rs. |
| 1 |
Commodity Trading |
2500 |
| 2 |
Financial Innovations |
4000 |
| 3 |
BSEs Online Trading Operations |
1250 |
| 4 |
Exchange Traded Fund |
500 |
| 5 |
Foreign Exchange Risk Management |
5000 |
| 6 |
Fixed Income Derivatives |
2000 |
| 7 |
Compliance in Corporate Governance |
2000 |
| 8 |
Advanced Programme on Derivatives |
4500 |
| 9 |
Mutual Funds |
3000 |
| 10 |
Dematerialisation & Depositories
Operations |
4000 |
| 11 |
Equity Portfolio Structuring & Stock
Picking |
3000 |
| 12 |
Comprehensive Programme on Technical Analysis |
10500 |
| 13 |
Corporate Governance |
4500 |
| 14 |
Stress Management |
2500 |
| 15 |
Mergers and Acquisitions |
5000 |
| 16 |
Advanced Programme on Index & Stock
Futures |
1500 |
| 17 |
Basic Programme on Derivatives |
2750 |
| 18 |
Technical analysis. |
2500 |
| 19 |
BSE's certification course on Stock Markets |
4000 |
| 20 |
Certificate Programme on Capital Markets
(CPCM) |
10500 |
| 21 |
Debt Markets |
4000 |
| 22 |
Fundamental Analysis |
2500 |
| 23 |
Investor Awareness Programme |
1200 |
| 24 |
Stock Market Operations |
700 |
| 25 |
Workshop on Options |
1750 |
| 26 |
Basic Programme on Derivatives for BSE's Member
Brokers |
2250 |
| 27 |
Retail Debt Market |
500 |
| 28 |
Interest Rate Future |
12000 |
| 29 |
Basic Prog. On Capital Markets |
1250 |
| 30 |
IPOs |
7500 |
| 31 |
Finance for Non-finance |
3000 |
| 32 |
Compliance Requirement for Members Brok. |
500 |
| 33 |
Foreign Investment in India and Abroad |
2500 |
| 34 |
Valuation of Shares |
15000 |
| 35 |
Derivatives in Gujarathi |
500 |
| Note
: |
1. |
10.2%
Service Tax and Education Cess as applicable should be added
to the all above Course Fees. |
| |
2. |
Fees
of all full day programmes are inclusive of Lunch and Study
Materials. |
| |
3. |
Students submitting photocopy of their current Identity
Card at the time of Registration shall attract a student
discount of 25 %. If Photo Copy of the Current Identity Card
does not support the Registration Form, Student discount would
not be
considered. |
| |