Stockbroker Salary
The salaries for different related designations of a stockbroker are listed in the table below:
Designation |
Average Annual Salary (in ₹) |
---|---|
Financial Planner |
₹3,50,000 |
Derivatives Trader |
₹3,60,000 |
Investment Advisor |
₹4,00,000 |
Equity Analyst |
₹4,20,000 |
Wealth Manager |
₹6,00,000 |
Portfolio Manager |
₹7,00,000 |
Firm-wise Stockbroker Salary in India
Here’s a starting salary for entry-level stockbrokers in India by leading companies:
Name of the Company |
Average Annual Salary (in ₹) |
---|---|
Sharekhan |
₹3,40,000 |
Motilal Oswal Financial Service |
₹2,20,000 |
Ventura Securities |
₹2,00,000 |
Angel One |
₹1,70,000 |
How To Become A Stockbroker In India?
A stockbroker simplifies the purchasing and selling of securities, like bonds and stocks, on behalf of clients within financial markets. In order to become a Stock Broker, aspiring students must complete their 10+2 from a recognised board following the procedure needed to receive a licence from SEBI (Securities and Exchange Board of India) and acquire membership in the NSE (National Stock Exchange). Students can also pursue formal education in order to build a robust foundation in finance and management principles.
There are numerous courses and programmes that students planning to become Stock Brokers can opt for. B.Com, MBA in Finance, B.Sc, and BBA are some of the top degree courses. Students can also go for short-term certificate programmes in order to gain insights and develop skills.
Table of Content
- What Does a Stock Broker Do?
- Types of Stockbroker
- Eligibility Criteria to Become a Stockbroker
- How to Become a Stockbroker in India?
- Stockbroker Courses
- Top Colleges for Education to Pursue a Career in Stockbroking
- Benefits of Being a Stockbroker
- Stockbroker Skills
- Stockbroker Salary
- Conclusion
- How To Become A Stockbroker In India?-FAQs