> What step should i take now?

What step should i take now?

Posted at: 2014-12-05 
I too have a bachelor's in economics and wanted to be a stock broker. Then I realized that stock brokers are soon to be extinct. What it comes down to is Sales. Can you bring the money in? All my friends got jobs at banks and for the most part-they all hated it. Do you trade? Having a successful track record in trading is more valuable to me than an mba in finance. Btw, Michael Lewis's book "Liars Poker" I believe describes the business pretty well. Worth the read. If you have never traded, read "How I made 2,000,000 in the stock market", it taught me more than most of the finance clclasses I took. Best of Luck.

Of course a lot of the traditional stock broker jobs are being replaced by automated trading, etc., so planning on being some sort of investment adviser as an end game may make sense.

This article suggest the other degrees that might qualify one as an investment manager include:

Finance

Accounting

Business administration

http://education-portal.com/articles/How...

Adding some of those as a minor might make it easier to get some entry level position in the industry (I'm ignorant as to what an economic intern would do)

Certainly there's still some old boys clubs on wall street who prefer ivy leagers, but it's better your to have a long upper crust blood line.

Go to an Ivy League school to be a stock broker? Are you kidding?

are you kidding me? do you have an A average in your bachelors degree in economics, before you apply to an ivy league for a masters, your grade point average should be way above a B, closer to A- or A.

There's no guarantee you'd get into an Ivy school. Merely earning A's is not enough. Moreover, they really like applicants who have some work experience, so get some.

If you want investment banking then yes --- an ivy league school is the way to go.

I have a bachelors in economics and i want to be a stock broker and eventually become an investment banker with years of experience.Should i get my masters from an ivy league school if i managed to get and A average or should i just look for a job?