ChatterBank1 min ago
Best route to become a Stock broker?
3 Answers
Hi Doing A levels in Maths, Physics, History and English. Thinking of becoming a Stock broker but will be going to Uni to read ? something! Havent decided yet! Best ideas what to read and how to go about becoming a Stock broker? Any ideas welcome. Thanks.
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For more on marking an answer as the "Best Answer", please visit our FAQ.This career is not for the faint-hearted or indecisive. Having a mathematical mind is not enough! It�s important to be able to function as a team member, but you also need to be able to think independently and analytically. Speed is of the essence: you must be able to cope with a large volume of incoming information at any one time, working swiftly without losing any accuracy. A political or economic event can suddenly move a market, leading to frenetic trading without notice. Unnecessary mistakes can cost thousands of pounds or dollars � or more. It goes without saying that the ability to cope with pressure is critical. Willingness to work long hours at short notice to ensure the job is done is essential.
Dealing effectively with clients takes a particular kind of personality. A stockbroker needs to nurture his or her clients by keeping them in touch with what�s happening in the market. Keeping them both well-informed and confident in their broker�s abilities is particularly important now that so many online opportunities have opened up, making it easier for clients to transfer their business elsewhere.
Many investment companies are willing to train the right candidates, if they have no prior experience. Sometimes they�ll take on people with a small amount of relevant commercial experience coupled with knowledge of the industry. A degree-level of education is often preferred, particularly in economics, law or accountancy. Other entrants also have postgraduate qualifications such as an MSc or MBA. Most stockbrokers are under 40. Personality wise, they�re usually driven, goal-oriented individuals with a �winning� attitude. Enthusiasm and motivation are key to success in trading
Dealing effectively with clients takes a particular kind of personality. A stockbroker needs to nurture his or her clients by keeping them in touch with what�s happening in the market. Keeping them both well-informed and confident in their broker�s abilities is particularly important now that so many online opportunities have opened up, making it easier for clients to transfer their business elsewhere.
Many investment companies are willing to train the right candidates, if they have no prior experience. Sometimes they�ll take on people with a small amount of relevant commercial experience coupled with knowledge of the industry. A degree-level of education is often preferred, particularly in economics, law or accountancy. Other entrants also have postgraduate qualifications such as an MSc or MBA. Most stockbrokers are under 40. Personality wise, they�re usually driven, goal-oriented individuals with a �winning� attitude. Enthusiasm and motivation are key to success in trading
taken from this site....
http://www.alec.co.uk/free-career-assessment/s tockbroker-careers.htm
Good Luck!!! great career choice :-)
http://www.alec.co.uk/free-career-assessment/s tockbroker-careers.htm
Good Luck!!! great career choice :-)