Clearing an NCFM Exam is a critical element of the financial sector reforms is the development of a pool of human resources having right skills and expertise in each segment of the industry to provide quality intermediation to market participants.
Once you pass the exam, you can make an entry into the stock market as a trainee. After gaining experience, one can get involved in four main fields involved with stock exchange proceedings depending on your interest
1. Jobber - These are the market's wholesale dealers who buy and sell stocks and shares in their own account to make a profit.
2. Dealer/Relationship Manager - Buys and sells securities to market makers on behalf of investors. They may also advise investors how to get the best out of their investments. Brokers give preference to the employees who have cleared the NCFM Exams.
3. Investment Analysts - Provide investors and stockbrokers with information to help them decide which securities to invest in. The work tends to fall into two categories, stock broking analysts and institutional analysts. It includes analyzing individual companies and look at broad sectors of the economy, making recommendations as to which sector or industry to invest in rather than which company. These analysts work for stock broking firms, institutional investors such as banks and pension funds etc.
4. The Stock Exchange - Itself as a central administrative and regulatory body, employs staff with these certifications.
Upon successful completion of all the modules and assignments, a National Certificate is awarded. After this course you can seek employment in stock broking companies, fund managing companies and banks. Today, it is essential to have these certifications to be associated with financial markets because of the regulatory compulsions and initiatives of the industry.
Comment below for more information on NCFM Exam Preparations.
Once you pass the exam, you can make an entry into the stock market as a trainee. After gaining experience, one can get involved in four main fields involved with stock exchange proceedings depending on your interest
1. Jobber - These are the market's wholesale dealers who buy and sell stocks and shares in their own account to make a profit.
2. Dealer/Relationship Manager - Buys and sells securities to market makers on behalf of investors. They may also advise investors how to get the best out of their investments. Brokers give preference to the employees who have cleared the NCFM Exams.
3. Investment Analysts - Provide investors and stockbrokers with information to help them decide which securities to invest in. The work tends to fall into two categories, stock broking analysts and institutional analysts. It includes analyzing individual companies and look at broad sectors of the economy, making recommendations as to which sector or industry to invest in rather than which company. These analysts work for stock broking firms, institutional investors such as banks and pension funds etc.
4. The Stock Exchange - Itself as a central administrative and regulatory body, employs staff with these certifications.
Upon successful completion of all the modules and assignments, a National Certificate is awarded. After this course you can seek employment in stock broking companies, fund managing companies and banks. Today, it is essential to have these certifications to be associated with financial markets because of the regulatory compulsions and initiatives of the industry.
Comment below for more information on NCFM Exam Preparations.
