Stockbroker | Afterschool.my

Stockbroker

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A stockbroker or securities sales agent manages the financial portfolio of a client (an individual or company). On the advice of investment analysts, a stockbroker discusses with the client which shares to buy or sell to get them the best return on investment. Stockbrokers earn a commission on each transaction they handle.

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Market Demand

According to industry observers, stockbrokers are the fastest growing occupation with strong income growth potential in the next few years. A growing number of households now own stock, and the number of new investors grows daily. While these individual investors are still only a small part of the total, the nationwide interest in owning securities will greatly increase the number of brokers and investment advisers.

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Education

To qualify as a stockbroker, you must have at least a bachelor’s degree in accounting, economics, business, or finance. A master’s 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. For new employees, on-the-job training is provided by companies to help you gain an understanding of the company’s policies, procedures, services, and products.

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