3 answers

What type of education do I need to become an Investment Banker or Seasoned Stock Broker

Asked Rockland, Massachusetts

I'm a Junior in high school. #business #education #investment-banker #stockbroker

3 answers

Nicholas’s Answer

Updated New York, New York

Hi Meng,

The comments above are pretty spot on in terms of preparation for a career in investments or brokerage. Degrees in finance, economics, business & finance are all good starting points. While in school you should really make sure to investigate analytics - to study data and how to identify trends. Make sure to learn some programming languages in this area too. SAS, SQL, R - these are statistical and analysis languages that will be advantageous and help set you apart from others.

The next step would be to identify schools that require internships - real world experience while in school is key.

My suggestion: do some research. Identify companies in investments, brokerages, etc. and their top staff. Research them on LinkedIn and see where they went to school.

Hope this helps.

Derek’s Answer

Updated Omaha, Nebraska

As mentioned above, majoring in Finance is probably the major that correlates most closely with investment banking. With that said, I'd strongly suggest attempting to get an internship with an investment bank during college as well. It's the best way to get your foot in the door when you have zero experience. Most places make your wait until after you've completed your sophomore year before being eligible for an internship, but definitely work with the career center at whatever college you attend and keep your eyes open for opportunities.

Jared’s Answer

Updated Palo Alto, California

Pretty simple answer, actually. Whether you want to be an investment banker or a broker, the classic training is that you get a bachelor's degree with a major in finance. Other majors are also reasonable, including economics. Math majors are often investment bankers, but I'm not sure I've ever seen a math major become a broker. I've seen accounting majors become brokers. I've also seen brokers get associate's degrees and hustle their way into an entry-level job. It's not the standard path, which makes it a tiny bit harder, but then again you spend two fewer years in school and if you think you've got the hustle to make it happen, it's an option.

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