Getting Started with Stockbroking

The stock market is a complicated place where a large number of factors affect the share price of various companies. The number of factors are so large that it I impossible to predict the manner in which the price of a specific stock will move. However, there are many indicators that one can follow. To get started with stockbroking and to be able to solicit clients towards the stock market, you need to have a license to do the same.

To start with, you need to have a score of 85 or above in math, economics and business in high school. These are the various areas that can affect the stock prices and any kind of stockbroking requires you to have this basic qualification. You also need to have a diploma in accounting or an undergraduate degree in commerce or business.

To actually get into stockbroking on a regular basis, you can choose two alternate paths after you have the required qualifications. You can either study in a university for three years and get a degree or enter into stockbroking by taking the vocational education and training (VET) option.

Some of the courses that you can opt for include accounting courses at Macquarie University, Sydney University, University of NSW, Australian National University and more. What you get at the end of the day that allows stockbroking is a graduate diploma in applied finance and investment.

Irrespective of the path that you choose for stockbroking, you will need a license from Australian Financial Services.