The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Investing

What major is needed to work as a stock broker?


I want to become a stock broker what are some suggestions for college courses...should i take up finance?

While understanding business is a good thing for a stockbroker, it isn't necessary. A stockbroker is really just a salesperson. In the US you need to pass the FINRA Series 7 exam as well as the Series 63 exam.

Most of the top brokerages will require a college degree, but it is not required by all firms.

You don't need a degree to be a stock broker. If you can pass the test, they will give you the license. Some firms will sponsor you to take the test, if you come to work for them.
It was called the Series 7 test, when I did it many years ago.
Good luck.

Tags
  Small Business   Renting & Real Estate   Personal Finance   Investing   Insurance   Credit   Corporations
Related information
  • Sirius stock?

    Sirius had it's chance to fly but it didn't. This is a dead company and industry that has accumulate lots of debt. If anything, this company will be bought out in the near future.

    ...
  • Want to invest in Equity Linked Saving Schemes of mutual funds with Growth option & Taxgain benefit. Tell best

    ELSS are tax saving instruments with a 3 years lock-in-preiod. Magnum ELSS was rated NO.1 Birla No:3 and Principal No.68 for the year ended 2007. Look at the investment strategy and returns for...

  • When you buy and sell commodities, is it just like trading stocks?

    Its different in the fact that you wouldn't mind delivery of a share certificate, but maybe not so pleased if you got ton of sugar or whatever dumped on ypur front lawn. With commodities you ...

  • Have most people moved their money out of stocks and into commodities?

    Of course. Big investors & hedge funds buy commodities to hedge against expected depreciation of dollar, inflation and weakness of financial (stock) markets, as commodity prices are inversely ...

  • Do Hedge funds trade commodities, futures, currency, foreign and options as well as shorting?

    Yes. Some don't even sell short. Sometime they set themselves up as a hedge fund so they can borrow and use leverage. There is really no restriction on what a hedge fund can do.

    ...
  • I'm thinking of investing in renewable energy and organics. Think it's a good Idea?

    Is there a future in renewable energy and organics? Yes! Does that make it a good investment? No. A poorly run company can run itself out of business in any industry. A well run company can ...

  • Which stocks to invest? Airbus or Boeing?

    Considering Boeing's new venture 7E7 dreamliner just started production and the frenzy of so many companies already booking 857 orders from 56 companies i think Boeing is going to have a great...

  • Where do you get mutual fund tickers symbols from?

    MSN Money then go to the mutual fund tab Yahoo Finance, Morningstar.com While you're at MSN you can learn all about mutual funds Good luck

    ...
  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster