How to Become a Stockbroker in London
Stockbrokers manage the stocks and investments of different companies and individuals. The three main duties that a stockbroker performs are giving advice and counselling service to clients to make new investments, buying and selling stocks on behalf of the clients (whether they are a companies or individuals), and the third task they perform is executing orders of the company on stock issues. There are some basic requirements that one should fulfill before acting as a certified stockbroker. One of them is obtaining a bachelors and a master’s degree in business administration and the other one is getting the certificate to fulfill all the legal requirements.
Instructions
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1
Obtain Bachelor's Degree
First of all one should obtain a bachelor’s degree in finance and accounting, economics or business administration. If you have a UK qualification, then it should be 2:1 or above.
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2
Obtain MBA Degree
MBA is not a necessary requirement to become a stockbroker but to compete well in the market it is suggested to attain a good MBA from a reputed university.
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3
Learn Different Languages
Another add-on that can really help you become a good stockbroker is the fluency in different languages. Try to learn German, French, Chinese and Russian languages to handle worldwide clients.
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4
Start your Career
Try to start your career by working with any of the investment banks or stockbroking companies. It can really give a boost to your career.
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5
Residency and Visa Requirements
To be able to work as a stockbroker in London, you should be a permanent UK resident or should hold skilled workers visa.
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6
Registration with FSA
The last thing is getting professional certification and qualification from the Financial Services Authority. To give financial advice to your clients, you should be FSA certified stock broker.
, and the third task they perform is executing orders of the company on stock issues. There are some basic requirements that one should fulfill before acting as a certified stockbroker. One of them is obtaining a bachelors and a master’s degree in business administration and the other one is getting the certificate to fulfill all the legal requirements.Next%20stop%3A%20Pinterest "Pin It")
