All over the world, the population of stockbrokers is increasing. Well, it is not really surprising as it pays really well. Per annum, one can earn a good ol’ $20,000 to $100,000. Sounds great right? Well, there are many factors to consider that will explain that big salary range, one of which would be the level of experience that a person has.
Compare someone who is only starting a career as a stockbroker now, to someone who has been in the industry for so many, someone who has been in the industry for years would have already established and secured a stable target market, therefore it will be easier for them to be able to make transactions. Don’t lose heart though, because through hard work and determination, even if you are only starting now, you can still make it.
Take Qualifying Examinations
In every area of the United States, there is a government agency that takes charge of the stockbrokers around their area. You have to look for this agency in your area and contact them to know all the requirements that you have to meet in order to become a legitimate stockbroker. Undergo the process as required to you and meet each and every demand from you. It may vary depending on the area you are in.
If you are planning and have decided on becoming a stockbroker for many years, then investing your time in doing training that further fine-tune your skills will definitely increase your capabilities. There are all sorts of training that you can do, ranging from on-the-job training to seminars, to workshops, etc., You just have to engage yourself.
Many stockbrokers who have been in the industry ever since say that you do not really need a degree to be able to become a stockbroker. But, why put it here? It is because graduating with a degree course related to how the finance system works will definitely give you an upper hand over many other aspiring stockbrokers. And you may have jobs other than being a stockbroker simultaneously, like being a financial adviser or analyst. Consider these schools when looking for a school that will suit your preference:
Recommended Colleges in Colorado
- The University of Colorado Boulder – “Let your light shine,” is the motto of the University of Colorado. And true enough, if you could enrol in the Leeds School of Business in UC, you would be way ahead of your competitors in the field of stockbrokerage. The organizations in UC could also help you expand your network, so make sure that while getting your degree, you also participate in extracurricular activities as one of the main job descriptions of being a stockbroker is actually looking for prospective clients!
- Colorado State University – The nice thing about state universities is that they are very affordable, and Colorado State is no exception. For a ceiling tuition price of $5,000, you could already get your specialization in Business Administration. This is a good course to take since it would help you know your away around the business scene – something you would really benefit on when you are already a licensed stockbroker!
Again, to become a stockbroker in Colorado, you got to fulfil requirements, train, and gain leverage by getting a diploma. Good luck out there!