If I were to write steps on how to become a stockbroker, I wouldn’t write having a college diploma as a strict requirement, since it really is not.A classic example for college education being not a strict requirement in stockbrokerage would be Chris Gardner, whose life story became the inspiration for the film The Pursuit of Happyness. However, his is an exceptional tale that is marred by all sorts of things such as personal luck and wit. These do not come freely to anyone, so while a college diploma is not a strict requirement; it definitely puts you at a nice advantage over those who have not received a college education.
For one, being part of a good and established brokerage firm is a basic on how to be a successful stockbroker, so you could just imagine the number of applicants that come in everyday to try and get a spot in one of these firms. And with all of these as your competition, an extensive college background and experience would definitely propel you in front of at least half of your competitors. That’s a pretty good way to start your career!
Also, remember that to become a stockbroker that succeeds in such a competitive playing field, you have to have more than just education. What’s more important, as a matter of fact, is experience. If you do go to college to secure your degree, make sure you also join clubs and organizations that are related to a career in stockbrokerage. These are the things that would further put you at an advantage with other aspiring stockbrokers who also have college diplomas. If you can, you must also get into a nice internship firm, for they could provide you advanced training in the field.