Requirements to Become...
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What are the Requirements to Become a Stock Broker?

What It Takes to Become a Stock Broker

If you have a talent for salesmanship and would like to tackle a career that offers fast-paced action in a high-pressure, big rewards environment, you may want consider getting a job as a stock broker. Each day, billions of dollars change hands as securities--stocks, bonds, mutual funds, and other financial instruments--are bought and sold. According to the Bureau of Labor Statistics (BLS), about half of American households own stock, and stock brokers act as liaisons between everyday investors and the U.S. Stock Exchange. Working aggressively to build a customer base, stock brokers buy and sell securities for retail investors, charging a fee for each service.

Requirements to Become a Broker

Although stock brokers are expected to enjoy excellent job prospects in the coming years, this remains an extremely competitive profession. A strong desire to succeed, coupled with completion of the following steps, can go a long way in making you more attractive to prospective employers:
  • Earn a bachelor's degree. Foremost among the requirements to become a stock broker is a college degree, preferably in business, finance, accounting, or economics.
  • Complete an internship. The BLS notes that many firms hire summer interns during their junior year, and the most successful are often taken on full time.
  • Acquire a license. After having been employed by a firm for at least four months, stock brokers must register as representatives with the Financial Industry Regulatory Authority, a process that entails passing a six hour exam.
  • Many stock brokers elect to earn master's degrees in business administration (MBA), which provides opportunities for higher-level positions, better compensation, and sometimes large signing bonuses.





The following colleges offer programs that can help you become qualified for a Stock Broker career:
  University of Phoenix

With convenient class locations as well as online learning, University of Phoenix makes quality higher education highly accessible. Whether you’re seeking an associate's, bachelor's, master's or doctoral degree, we can help you reach your goal while you work—and much sooner than you might expect.

  Keiser University eCampus Online

Keiser University eCampus Online offers degrees in fields that are in high demand and provides job placement assistance to all its students and alumni. We research trends for growing fields and tailor our curriculum to prepare students for entry and advancement to rewarding careers.

  DeVry University

DeVry University offers flexible scheduling and the convenience to study at any of 80+ locations, online or a combination of both. Earn a respected associate degree, bachelor's degree or master's degree from an accredited university. A career-oriented education from DeVry University will put you in a great place to begin or advance in the workplace when you graduate.

  University of Phoenix

Founded in 1976, University of Phoenix is dedicated to meeting the needs of working students. Now the largest private university in North America, we have more than 190 campuses and learning centers as well as a flexible online learning format available in most countries around the world. Regardless of where or how you attend class, you'll receive a real-world education with real value.

  Strayer University

Established in 1892 and accredited by the Middle States Commission on Higher Education, Strayer University is dedicated to providing quality higher education programs for working adults like you. Classes are designed to fit your busy schedule, meeting on evenings, weekends, and asynchronously on the web. Undergraduate and graduate programs are available in accounting, business and internet technology.

  Virginia College

Ready to earn a well-respected degree? Need a flexible schedule? Virginia College can help. Become an office superstar with our business program. Or make a difference in your community by earning a paralegal or Criminal Justice degree. Can't get enough of your computer? Try our programs in Information Systems or Cybersecurity. No matter what program you choose, you'll get the top-quality education you deserve with an associate's, bachelor's or master's degree from Virginia College.



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