In today’s scenario when the economy is at upsurge and Sensex and Nifty are witnessing
bull rally, Security Analysis is a hot career option and many candidates are turning
to the field. Companies have a separate research and development department which
does fundamental and technical research to study market movement. A lot of certificate,
diploma and degree courses are available. After pursuing these courses aspirants
are getting employed with various reputed organizations like Evalueserve, Copal
Partners, KPMG ,CRISIL,BSE,NSE ,Karvy and many more. Very good compensation packages
are offered for these jobs.
Eligibility:
People wish to join the research and analysis jobs must be a graduate with courses
in business administration, ecomomics, finance, accounts, statistics etc.Although
many financial research firms hire fresh graduates as well and provide training
on all the aspect of security analysis before joining. Knowledge of softwares and
basic computer literacy is also required to work in the field. Courses that are
available in this field are as follows:
- Security Analysis Diploma
- Certification in Fundamental and Technical Analysis
- Course in Financial Planning
- PG Diploma in Security Analysis and Portfolio Management
- Capital Market Certification e.g. NISM, NCFM etc.
Skills Required:
Analysts deal and interact with clients everyday so they must be a good communicator
with robust interpersonal skills. Their quantitative and qualitative analytical
skills should be very sound. Clients invest their hard earned money at analyst’s
advice so an ethical responsibility is also there. It demands integrity, dedication
and highest professional standards from the practitioner.
Career Avenues:
Various job opportunities are available with reputed companies in the field of security
analysis. Some of the areas are Forex management and Services, Derivative Research,
Equity and Stock Market Analysis, Commodity Analysis and Trading, Operation Research,
Wealth Management, Portfolio Analysis, Treasury department, Academic Research, Technical
Research etc.
Designation that one can work in the domain can be:
- Wealth Manager
- Relationship Manager
- Financial Analyst
- Investment Banker
- Private Wealth RM
- Equity Researchers
- Foreign Exchange Manager
- Portfolio Manager
- Research Analyst
Salaries:
As we know knowledge is power and Security Analysis is a field where your knowledge
is getting valued and paid. Starting salary of Rs.20000 to Rs.35000 per month is
offered by several organizations. Incentive are also linked which are performance
based but very lucrative. At senior positions packages are very high and growth
opportunities are immense.
Recent Outlook:
As the stock market is showing good signs of growth during last years, employement
opportunities are also coming up at domestic level and globally. Companies are expanding
their businesses by opening up new offices within and outside the country, hiring
skilled manpower to meet the demands. It is the correct time to enter into the field
of Security Analysis so that better results can be reaped in the coming times.Governmnet
is also opening different routes to boost the sector.
Therefore in the present times when everything is going good for the economy; Market
indicators (Sensex & Nifty) are moving; Petrol prices are in control; Food inflation
is bearable and opportunities are growing, Security Analysis has come up as an extremely
promising career option among the youths. Anybody starting his or her professional
life must look at this field as the first choice.