How To Become A Brokerage Clerk: Degree and Education Requirements

Stanley TanLeave a Comment



what degree do you need to become a Brokerage Clerk
majors for Brokerage Clerks

Brokerage Clerks

Other names for this job might include Account Administrator, Broker Assistant, Brokerage Purchase-and-Sale Clerk, Client Associate, Client Service Associate, Client Service Representative, Commodities Clerk, Coupon Clerk, Dividend Clerk, Information Clerk Brokerage


  • $51640
    Salary
  • 59%
    Job satisfaction
  • Medium
    Becoming one
  • Low
    Job growth
OwlGuru Rank

C



Be A Brokerage Clerk: What You Really Need


In this requirements guide for Brokerage Clerks, you will find out what do you need to become a Brokerage Clerk and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be a Brokerage Clerk.



Degree required

Recommended degree level

Bachelor’s Degree

Bachelors degree
38.23%

High School Diploma
29.13%

Some college courses
19.95%

Associates degree
12.69%

No degree
%

Generally, employers are looking for Brokerage Clerks who have a Bachelors degree. They also prefer someone who is good in Active Listening and Speaking.

1 common question that we always get is what major or degree do I need to become A Brokerage Clerk or what courses do I need to take.

We did a survey to ask other Brokerage Clerks what did they major in college or university and here are the most popular majors that came up.

Accounting Technology/Technician and Bookkeeping

Brokerage Clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics, and in some cases require a 2- or 4-year college degree.



Schools

schools for Brokerage Clerks

Interested in becoming A Brokerage Clerk? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming a Brokerage Clerk




How long does it take

Difficulty
Medium

You may need some previous work-related skill, knowledge or experience to be A Brokerage Clerk.

For example: An electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.

To become A Brokerage Clerk, you will usually need 1 to 2 years of training which includes both on-the-job experience and training with experienced workers.


How long does it take
1 1/2 to 3 years


Work experience
1 to 2 years

1 to 2 years
40.64%

2 to 4 years
24.12%

3 to 6 months
17.22%

Over 10 years
11.45%

No experience
5.79%

Job training
6 months to 1 year

6 months to 1 year
41.82%

3 to 6 months
36.35%

1 to 3 months
16.04%

No training
2.88%

0 to 1 month
2.12%

Most Brokerage Clerks have 1 to 2 years work experience and 6 months to 1 year job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification
Not required


No license or certification required for Brokerage Clerks



Skills required

We asked other Brokerage Clerks if they could only have 5 skills, what would they be. Here is what they said.

1. Active Listening what does this mean
2.Speaking what does this mean
3.Reading Comprehension what does this mean
4.Time Management what does this mean
5.Critical Thinking what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Brokerage Clerks have these 5 common characteristics. Most of them had Dependability and Integrity.

1.Dependability
2.Integrity
3.Attention to Detail
4.Stress Tolerance
5.Analytical Thinking




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Brokerage Clerks you need to acquire knowledge in these 5 key areas.

1. English Language what does this mean
2.Customer and Personal Service what does this mean
3.Mathematics what does this mean
4.Computers and Electronics what does this mean
5.Economics and Accounting what does this mean

As A Brokerage Clerk, you may also be required to know how to use certain Accounting software, Financial analysis software and Data base user interface and query software tools.

Account management software (Accounting software)
Bloomberg Professional (Financial analysis software)
Data entry software (Data base user interface and query software)
FrontRange Solutions Goldmine software (Customer relationship management CRM software)
Instant messaging software (Instant messaging software)
= Hot in-demand that most employers are looking for




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Career type

Office and Administration
Business Financial Management and Accounting
Financial and Investment Planning

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Related to Brokerage Clerks Requirements

Brokerage Clerks requirements, how to become Brokerage Clerks, degree required to be a Brokerage Clerk, Brokerage Clerks license and certifications, majors to be a Brokerage Clerk, is it hard to become a Brokerage Clerk and how long does it take

Additional resources

http://www.bls.gov/OOH/office-and-administrative-support/financial-clerks.htm
http://www.aba.com/
https://www.mba.org/

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Brokerage Clerks
Written by: Stanley Tan
Brokerage Clerks perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.
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