Do stock brokers have to have specialized training?
Stock brokers must be knowledgeable about general economic conditions and trends, and so usually have a college education. A degree in business administration, economics or finance is typical. Many stock brokers also take courses to prepare for the securities examinations, and are usually encouraged by their firms to take additional licensing exams so that they can to sell products other than stocks, such as mutual funds, insurance, and commodities. Stock brokers must also follow the day to day trends regarding the stock market, interest rates, politics and other news that will affect stock prices.
