What Line of Study Should I Go Into to Become a Stock Broker?
Thursday, May 28th, 2009 at
3:34 pm
daniel d asked:
I would like to get into brokerage, and am currently going to start school to finish my B.A in finance. Am I headed in the correct direction? I am also interested in commodities and future securities. What is a recomeded degree program that will help me break into the lucrative field of brokerage and help me get into a good firm?
I would like to get into brokerage, and am currently going to start school to finish my B.A in finance. Am I headed in the correct direction? I am also interested in commodities and future securities. What is a recomeded degree program that will help me break into the lucrative field of brokerage and help me get into a good firm?
Tagged with: Commodities • Correct Direction • Degree Program
Filed under: Commodity Trading
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A stock broker is a sales job. A brokerage would prefer an experieced car salesman over someone with a finance PhD. It’s more important to enjoy selling and to have numerous contacts with wealthy people. Keep in mind that the figures reporting average broker salaries in excess of $100K have a survivorship bias. Brokers are either wildly successful or get fired. There isn’t much room for being in between in that business.
Good luck.
Go into the Derivatives course of its being offered.
yes i believe you are heading in the right direction. some ACCOUNTING might help as well.
I used to have a part-time job that paid my way through college working for two brokers.
Education does not matter as much as sales skills. Its a relationship selling strategy. People skills and an understanding of portfolio theory are prime requisites in this field.
The two I worked for, one had a BA is Psych, and the other a Masters in Science. My friend in the industry has a BA in economics.