How to Become a Stockbroker

To become a stockbroker, you start working on your career while you are in high school if you can. Take math, economics, and business courses. You can even have your own stock portfolio to learn about the different investments. Join an investment club. Investment clubs compare different investment opportunities and invest its funds as a group. Most stockbrokers are college graduates. Go to college and get a degree in economics, financing, or business.

You will need to pass the series 7 exam and most states require you to pass the series 63 and series 65 exams as well. Most brokerage firms offer on-the-job training. This will only take about four to six months. You will probably want to take advantage of this and use what you learn in your exams. Once you pass the exams, you will become a representative of your firm.

Being a broker is hard work and it is a very competitive job. In your resume, emphasize all your work experience, training, and schooling. They will be looking for someone with experience and knows what they are doing.

Brokerage all comes down to sales. If you were formerly a real estate agent, for example, it can be easy and rewarding for you to go into the brokerage business. Talk to other stockbrokers and ask them about their experience. Also go to job fairs and talk to people about becoming a stockbroker. This is one of those jobs where you will be faced with a lot of rejection and every day is a gamble. You can either loose money or gain money. You need to be strong and able to take anything that is thrown at you.

Article Source: How to Become a Stockbroker