Securities Analysts : Eligibility
The eligibility for entering this field is an MBA. The field is also
open to candidates with a bachelor's / masters degree and experience in
the financial services industry or statistical research. Trainee positions
are available to candidates with bachelor's degree in business administration,
finance or economics Or those with post graduate degree in commerce. Although
there is no mandated training programme for analysts, it is often required
that analysts earn an MBA if they do not possess one.
Knowledge of subjects like engineering, biotechnology, pharmacy etc in
addition to subjects like accountancy, economics and statistics gives
analysts an upper edge in their field as this gives them a better understanding
of those fields and can help them in making investment decisions in those
sectors.
Analysts should have computer, analytical, mathematical and problem solving
skills. The job of an analysts is such that they are required to explain
their findings and recommendations to others and thus, should have excellent
presentation skills, self-confidence, maturity as well as the ability
to work alone. An analyst should also posses skills like strong attention
to detail, a drive for research, an understanding of tax laws, money markets
and economy in general. In addition to this, people skills and salesmanship
are also important.
To be successful in this field, the candidates should have a feel for
the market swings, they should have knowledge about stocks and shares,
and logical and analytical ability. Candidates need to be tactful when
dealing with clients and should be patient and should possess keen business
expertise. There is tremendous work pressure as large volumes of money
are involved and the profession carries a high risk profile as professional
growth depends on the fortunes of the share market, over which an individual
has no control.
The University of Pune in collaboration with the Mumbai Stock Exchange
is conducting training programmes in capital market studies.
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