Stockbroker careers are not for everybody. Stockbrokers work in an environment
that is exciting, but at the same time very fast-paced and stressful. Individuals
who work well with this sort of action may consider a stockbroker career. This
occupation deals with math and economics. Those interested in a career as a
stockbroker should begin learning about this field early.
Granted, in high school many students are undecided as to what they want to
do. However, those who know they want a stockbroker career should take courses
in math, economics, and business. These courses are excellent with teaching
future stockbrokers about investments, risks, and returns.
Joining an investment club is also a great way to become familiar with the
stock market. These clubs will likely offer hands-on investment training. They
train members on how to analyze stock and ways to determine whether a particular
stock is a wise investment. Members may also have the opportunity to purchase
stock that has a minimum investment.
Stockbroker careers require a four-year degree from a college or university.
Brokers generally receive degrees in finance, economics, or business. Along
with obtaining a position with a brokerage firm, stockbrokers must pass a series
of examinations. Some firms will hire a stockbroker before they complete necessary
exams. However, the employee will not become a registered representative until
they have successfully completed general examinations.
Unfortunately, many who begin a career as a stockbroker eventually start careers
in other fields. This is a competitive field. Developing an in-depth knowledge
of stocks and building a cliental takes time and patience. Similar to sales
positions, the first few months to a year are stressful and tiresome. Many
new stockbrokers burn out quickly. However, if a stockbroker can endure working
long hours and negative responses, they will have a profitable and rewarding
career as a stockbroker.