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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 8 courses available for people who want to become a Stockbroker. These are the top 5 most popular courses.
Possible job outcomes:
The Master of Actuarial Practice responds to the growing need for expertise in risk assessment, innovative business solutions, and complex data analysis. It is ideal for those passionate about mathematics and eager to develop advanced quantitative analysis skills for problem-solving in business environments. This course prepares students for a career as qualified Actuaries, professionals increasingly sought-after for their ability to interpret and understand diverse quantitative information beneficial to organisations. .
Average duration: 24 months.
The Master of Financial Management offers the chance to boost career prospects by developing professional and personal skills in financial management. This course covers planning, organising, directing, and controlling financial activities, including fund acquisition and investment. Topics include investment management, financial strategy, and financial statement analysis. Students also explore the global financial system and learn principles of descriptive and inferential statistics, applying them in business contexts. The focus is on gaining comprehensive financial knowledge and practical skills for effective financial decision-making. .
Average duration: 15 months.
The Master of Applied Finance is designed to prepare students for excellence in the financial marketplace. Ideal for those who are, or aim to be, finance specialists or professionals providing financial advice, this course challenges students to solve diverse financial problems. It sharpens analytical skills, equipping students to navigate the rapidly evolving finance sector effectively. .
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. .
The Bachelor of Commerce (Data Analytics) offers a comprehensive exploration into the realms of modern machine learning and statistical science. This course encompasses advanced nonparametric statistical modelling, pattern recognition, and introduces students to coding and data infrastructure essentials. Notably, the curriculum ensures students not only understand theoretical concepts but can adeptly apply them. A hallmark of this degree is its focus on hands-on learning, where students work directly with authentic industry data, bridging the gap between academic theory and practical industry challenges..
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 Advisor
$1,400 weekly pay
Stockbroker
$1,550 weekly pay
Learn more about Stockbroker courses in your area.