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A Stockbroker manages the sale and purchase of stocks and shares for their clients. You’ll monitor market performance and provide advice on the best time to buy or sell investments. Stockbrokers might meet with clients to determine their needs and analyse market trends. You might check share prices and make decisions about selling or purchasing stock.
Stockbrokers should be decisive and have a strong understanding of current financial markets. It’s important you can communicate well and understand your clients’ needs. Stockbrokers require excellent analytical skills and should be up to date with financial trends. You’ll need to be organised and able to manage several tasks at one time.
There are 2 courses available for people who want to become a Stockbroker.
Possible job outcomes:
The Master of Finance (Business Analytics) offers comprehensive training in interpreting data and effectively presenting these insights through advanced visualisation techniques. This course encompasses an in-depth exploration of mobile applications, social media platforms, artificial intelligence, and Big Data. With its robust curriculum, it ensures that its graduates possess a deep understanding and skill set that makes them indispensable assets to any modern organisation, adapting to the ever-evolving world of digital analytics. .
Average duration: 24 months.
The Bachelor of Business (Business Analytics) centers on data collection, analysis, and interpretation to inform strategic decisions in organizations. Students will acquire skills in statistical methods, Structured Query Language (SQL), and data management. This course also covers vital aspects like data confidentiality and security, financial and economic modeling, and measuring marketing effectiveness. It prepares students to excel in the era of big data, providing them with the tools to make data-driven decisions across various business areas..
Average duration: 3 years.
In Australia, a full time Stockbroker generally earns $1,550 per week ($80,600 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
The number of people working in this industry has decreased in recent years. There are currently 4,300 people employed as a Stockbroker in Australia, compared to 5,800 five years ago. Stockbrokers may find work across all regions of Australia, particularly in larger towns and cities.
Source: Australian Government Labour Market Insights
A Bachelor of Financial Planning is an ideal qualification if you’re planning a career as a Stockbroker. This course covers a range of topics including ethics, insurance, superannuation, investments, aged care advice, technology advice platforms, practice management and intergenerational wealth.
We’ll find nearby campuses and check if you’re eligible for funding in your state.
Here are some potential career pathways within stockbroking. Click on an occupation to learn more about the role and the qualifications that can help you get started in this industry.
Stockbroking
Investment Analyst
$1,250 weekly pay
Portfolio Analyst
Hedge Fund Manager
$1,500 weekly pay
Investment Advisor
$1,400 weekly pay
Investment Manager
Stockbroker
$1,550 weekly pay
Learn more about Stockbroker courses in your area.