Stockbroker
Stockbroker
Stockbroker
Roles and responsibilities
Tasks of stockbrokers include obtaining information on securities, market conditions, government regulations and financial circumstances of clients.
Stockbrokers also:
- interpret data from securities reports, financial periodicals and stock-quotation viewer screens
- analyse financial markets and financial market products
- provide information and offer advice on financial market matters, market conditions and the history and prospects of corporations
- execute buy and sell orders in the market place on behalf of clients
- relay trade information to clients such as the number of contracts bought and sold and the price
- monitor futures prices and market changes, and bid for commodity futures contracts
- record and transmit buy and sell orders
- calculate and record costs of transaction.
Source: Australian Bureau of Statistics
Undergraduate Courses To Become
Stockbroker
Recommended major/s to pursue this career
Other relevant majors include:
Postgraduate Courses To Become
Depending on the specific role, you may be required to be licensed or registered in order to work in this field. Details can be found on the Australian Securities and Investments Commission website. You may also be required to hold a certain level of membership with a particular professional association. Contact the Financial Planning Association or the Financial Services Institute of Australasia (Finsia) for further information.
In addition to the professional postgraduate qualifications described above, postgraduate university-level study may be useful for career advancement and include:
Stockbroker
Coursework courses to pursue this career
Postgraduate qualifications are usually required to become fully qualified as a financial dealer and broker. Courses are run through Finsia and the Financial Planning Association.Depending on the specific role, you may be required to be licensed or registered in order to work in this field. Details can be found on the Australian Securities and Investments Commission website. You may also be required to hold a certain level of membership with a particular professional association. Contact the Financial Planning Association or the Financial Services Institute of Australasia (Finsia) for further information.
In addition to the professional postgraduate qualifications described above, postgraduate university-level study may be useful for career advancement and include:
The University of Western Australia