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What qualifications do you need to be a stockbroker?

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An individual needs a bachelor's degree and proper licensing in order to qualify as a stockbroker, according to the U.S. Bureau of Labor Statistics, or BLS. A master's degree in business administration and earning the Chartered Financial Analyst certification help an individual advance in this career path.

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Stockbrokers often earn a bachelor's degree in accounting, finance, business or economics, states the BLS. Completing an internship sometimes leads to a job offer once the individual graduates from college. After earning a master's degree, a broker sometimes qualifies for better compensation and a higher position. A stockbroker is likely to have customer service aptitude, strong math and decision-making skills, and ambition.

Brokers are often required to pass several exams to become licensed and must register with the Financial Industry Regulatory Authority, notes the BLS. In order to retain his license, a broker must complete continuing education courses focused on new financial products and legal requirements.

To qualify for the Chartered Financial Analyst certification, a stockbroker must have the proper education or level of experience, pass a series of exams and have an international passport, according to the BLS. Exams usually cover economics, accounting, securities analysis and corporate finance. A broker who doesn't have the required amount of experience to attain certification is able to take the exams when he earns enough experience.

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