- What is NCFM: NSE’s Certification in Financial Markets.
- NCFM: NCFM is a nationally recognized certification which is mandatory for various professionals in capital markets in India. Individuals aspiring to enter the financial services industry in India have better prospects if they first get the NCFM certification. AssuredGain’s training programs provides a holistic understanding of the relevant financial sector (viz: capital markets, derivatives, mutual funds etc) with emphasis on the test areas. Participants are supported with multiple mock tests to assess performance in the certification test This is useful for those who wish to either begin a career in the financial markets in India to learn the fundamental of capital markets. It discusses the operational aspects of the equity markets namely trading, clearing and settlement, trading membership, legal framework & IPO’S in the stock markets. NCFM tests the practical knowledge and skills required to operate in the financial markets. The certification is mandatory as per SEBI rules to get jobs in financial markets.
- Once you complete the course you can make an entry into the stock market as a trainee. After you gain experience you can get involved in four main careers involved with stock exchange proceedings depending on your interest 1. The Market Maker – these are the market’s wholesale dealers who buy and sell stocks and shares in their own account to make a profit. 2. The Stockbroker – buys securities from, and sells to market makers on behalf of investors. They may also advise investors how to get the best out of their investments. 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. The former analyse individual companies and the latter look at broad sectors of the economy, making recommendations as to which sector or industry to invest in rather than which company. Stock broking analysts work for stock broking firms while institutional analysts work for institutional investors such as banks and pension funds.4. The Stock Exchange – itself as a central administrative and regulatory body, employs staff.[vmpt setting=”8″]