Stock brokers typically need at least a bachelors degree and on-the-job training to work in this profession. They also need to pass a series of exams to be licensed. Read on to learn more. Schools offering

A stock broker, also known as a broker or a securities sales agent, assists clients with investment management. In this position, youll work with clients to discover how much to invest based on their financial goals. You also may offer investment advice and suggest specific investment moves. You earn a commission on each transaction you handle. When youre not working on a case, you might manage a portfolio for a client or go searching for additional investors.

Accounting, finance, economics, management, marketing, investments

Bachelors degree recommended; Masters degree for advancement

Fully available for graduate certificate, bachelors and masters degrees

$64,120 (for all securities, commodities, and financial services sales agents)

6% (for all securities, commodities, and financial services sales agents)

It is generally recommended that you acquire at least a bachelors degree prior to becoming a stock broker. You may consider pursuing a degree in accounting, economics, business, or finance.

A masters degree is not necessary, but many employers prefer it if you pursue advanced positions within the company. Employers often prefer candidates with a Master in Business Administration (MBA). If you obtain an MBA, you may qualify for hiring bonuses, advancement, or higher salaries.

Many companies offer on-the-job training to help you gain an understanding of the companys policies, procedures, services, and products. Topics may include selling, effective speaking, and securities analysis. You may be required to train in different departments until your employer discovers what department would be best suited to your talents.

Continuing education is also encouraged for stock brokers. Courses can help you to stay current on industry changes. You may attend seminars or other training conferences as part of your continuing education.

In order to manage client accounts, youll need to be a registered representative of your employer. Registration is done with the Financial Industry Regulatory Authority (FINRA,) and requires passing the General Securities Representative Examination. This exam is also known as the Series 7 Exam.

To qualify for the test, you must have been an employee of your registered firm for a minimum of four months. The exam takes about four hours to complete and has 125 multiple-choice questions, and you need to score above a 72% to pass.

Most states will also expect you to complete the Uniform Securities Agents State Law Examination. This exam tests your understanding of the securities business and proper recordkeeping. In addition, you may be required to hold a license to perform some duties or sell certain products and services.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

Which College Courses Prepare Students to Become a Stock Broker?

What is Covered in a Stock Broker Certification Program?

The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Northcentral University responds quickly to information requests through this website.

PhD – Business Administration: Financial Management

Doctor – Business Administration: Financial Management

Doctor – Business Administration: Advanced Accounting

Doctor – Business Administration: General Business

Southern Careers Institute responds quickly to information requests through this website.

Vista College responds quickly to information requests through this website.

Penn Foster High School responds quickly to information requests through this website.

Herzing University responds quickly to information requests through this website.

Master – Business Administration Dual Concentration: Business Mgmt & Project Mgmt

Master – Business Administration Dual Concentration: HR & Project Mgmt

Master – Business Administration Dual Concentration: BS Mgmt & HR

Master – Business Administration Dual Concentration: Accounting & Public Safety Leadership

Master – Business Administration Dual Concentration: Accounting & Technology Management

Penn Foster responds quickly to information requests through this website.

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The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

PhD – Business Administration: Financial Management

Doctor – Business Administration: Financial Management

Doctor – Business Administration: Advanced Accounting

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What is your highest level of education completed?

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