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Today’s stockbrokers have all their operations computerized and employ industry specialists to advice. The SEBI has been empowered to protect the rights of investors and ensure the promotion and regulation of the capital markets.
ICAI, New Delhi, conducts its CA program for Plus Two level school leavers through a foundation course and directly for graduates (except fine arts graduates). Some other useful learning programs for the stockbroking business are: ICSI, New Delhi (postgraduate program); ICMD, New Delhi (one-year postgraduate program); All India Centre for Capital Market Studies, Nasik (one-year postgraduate program) in collaboration with the BSE Training Institute, leading to a diploma from the University of Pune; Stock Exchange Building, Mumbai offers certificate courses run throughout the year; IFIP, Mumbai (one year correspondence-cum-lecture series course leading to a diploma in financial and investment planning); ICFAI (chartered financial analyst equity research program); The Orion Institute of Capital Market, New Delhi (one-year diploma program in financial systems and investment management).
Stockbroking has very strict time schedules. The upside is that those in the thick get a lot of exposure and the unique excitement of trading. With many economy and business analysts convinced that the equity boom will continue and that the equity cult is spreading, this is one of the careers of the 21st century.