A Career in Financial Markets Management
Financial markets are the type of marketplace that provide an avenue for the sale and purchase of assets such as shares, bonds, foreign exchange, and derivatives. Financial markets function through the interaction of buyers and sellers that determine the price of traded assets.
Some types of financial markets are:
- Stock Market
The stock market trades shares or equity of ownership of public companies. Each share comes with a price, and investors make money when the stocks they have bought at a cheaper price are sold at a higher price. - Bond Market
In a bond market, investors buy bonds from the issuing entity, which in turn returns the amount of the bonds within an agreed period, plus interest. Bonds are issued by corporations as well as by municipalities, states, and sovereign governments.to secure money to finance a project or investment. - Commodities Market
The commodities market is where traders and investors buy and sell natural resources or commodities such as wheat, oil, metals and gold. A specific market is created for such resources because their price is unpredictable. There is a commodities futures market wherein the price of items that are to be delivered at a given future time is already identified and sealed today.
Among the key players in the financial markets are mutual funds. A mutual fund pools money from many investors and invests the money in stocks, bonds, and short-term debt among other assets. The total amount of holdings by the mutual fund is called its portfolio.
Equity dealers operate in the market to promote shares and mutual funds to investors which are mostly individuals but could also be corporations. Equity dealers buy, sell and give advice on investment and financial instruments, such as stocks, bonds, commodities and mutual funds. They research the companies producing these investments and make recommendations to their clients, which can consist of individuals, money managers, pension funds, government agencies or corporations.
Mutual fund agent on the other hand are qualified professionals who advise and assist investors on investing in mutual fund schemes. The agents make money in the form of earning commissions from the fund house or distributors on the selling of mutual fund schemes.
Indian financial market is one of the oldest in the world and is considered to be the fastest growing and best among all the markets of the emerging economies. Financial markets in India comprise the main, the credit market, the money market, the foreign exchange market, the debt market and the capital market. Recently, the derivatives market has also emerged.
Most of the trading in the Indian stock market takes place on its two stock exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The BSE is the older stock market but the NSE is the largest stock market, in terms of volume. The BSE has been in existence since 1875. The NSE, on the other hand, was founded in 1992 and started trading in 1994. However, both exchanges follow the same trading mechanism, trading hours, and settlement process.
Indian financial market is one of the oldest in the world and is considered to be the fastest growing and best among all the markets of the emerging economies. Financial markets in India comprise the main, the credit market, the money market, the foreign exchange market, the debt market and the capital market. Recently, the derivatives market has also emerged.
Most of the trading in the Indian stock market takes place on its two stock exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The BSE is the older stock market but the NSE is the largest stock market, in terms of volume. The BSE has been in existence since 1875. The NSE, on the other hand, was founded in 1992 and started trading in 1994. However, both exchanges follow the same trading mechanism, trading hours, and settlement process.
Equity Dealer/Mutual Funds Agent can be working in brokerage houses or on their own. If they are working for a firm their typical career path is:
The responsibilities of an Equity Dealer/Mutual Fund Agent are:
- Achieving
- brokerage targets. Building relationships with the client & educating them about investments.
- Advising clients with regards to their investment in equity & mutual funds and place orders on their behalf.
- Increasing client base by obtaining targeted references from existing clients for business expansion.
| Education Pathway | ||
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| Undergraduate | Diploma/Post-Graduate | Some Colleges |
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B.Com B.Com (Hons.) Bachelor of Financial Investment & Analysis (BFIA) BBA BBA (Finance) |
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