Stock Broker Questions!?!?!?!

<p>I am really interested in becoming a stock broker and I was wondering what exactly I would need to become one? What major, internships, experience? Also salary questions? Any help please!!!!!!!!!!!!!!!!!!!!!!!!!</p>

<p>If you want to be a stock broker, there are three majors that come to mind: Economics, Finance, and Math. As far as internships go, I don't think you really need one, because most brokerage offices are independently owned. I would recommend that you read up on economics and finance. And start out trading with a virtual stock market account. I like <a href="http://www.investopedia.com%5B/url%5D"&gt;www.investopedia.com&lt;/a> once you get good enough there, start investing your own money by day trading. Online brokerages I like would be E-trade, ameritrade, and scottrade. I would say, start out with $500, and go through scottrade. Since it's only $500 to start, along with $7 limit/market orders, and pennies are only like .005% more on commission. As far as pay, there really is no limit. It all depends on how good you are with the market. For instance, I made 117% last year. So if I invested $1000, I'd have $2117 now. If I invested $100,000, I'd have $217,000, thus I'd make $117,000 in a year.</p>

<p>Another question. Is becoming a stock broker as hard as an investment banker. The people in the MBA forum salivate at becoming i-bankers and always dread about how hard it is.</p>

<p>I am also interested in stock broking. But i am totally a beginner and know almost nothing about the US market. Where should I start? any suggestion about book, news or online article to get a sense of how to start? Thankyou</p>

<p>What companies do you work for as stock broker? What education is required? MBA or just a bachelors?</p>

<p>I have an interview with a stock broking firm tommorow and they have told me that I have to pass a SIA Exam. Does anyone have any info on this or how to prepare?</p>

<p>Stock brokers: go to college, graduate college, pass series 7 and 63 (by the way you have to sponsored for a series 7). And as a stockbroker you're most likely also going to be a wealth manager/financial advisor.</p>

<p>You may just end up being in sales or in a call center as a FA. Quant traders are different, however. Trading is even more difficult and requires more tangibles than ibankers.</p>

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