Being A Stockbroker Research Paper

Almost every career or job in the United States requires math. Math is very important and crucial to almost everything. One career that uses a lot of math is a stockbroker. A stockbroker is someone who invests in the stock market for an individual or corporation. Stockbrokers determine the best investments for their clients, and the workings of stock exchange. The education required to become a stockbroker is a college degree in relation to the field of mathematics or business. Stockbrokers have to pass the general licensure exam, and in some states you must also take the Agents state law examination. There are many types of math that is required and used in this career including college algebra, trigonometry, geometry, calculus 1 and
also calculus 2, and mathematical economics. These are the different types of math you will come across if you become a stockbroker. A stockbroker uses math to evaluate stocks and mutual funds. Stockbrokers have to determine if a stock has become overpriced and the level of risk associated with certain funds. Stockbrokers have to be able to understand how calculations are determined so that they know what results mean and how variables are likely to change their results. Stockbrokers are employed by firms and businesses all over the country. 1 in 10 of these jobs are located in New York city. Most investment banks in the United States are based in New York City. If you were to become a stock broker then the low end salary is about $32,680 a year. The median salary or the average salary is $71,550 a year, and the high end salary is $135,430 a year. Math is one thing that is involved with all careers. Even if you don’t think your future job will require math you are most likely wrong. There are thousands of careers like a stockbroker that require several types of math. Math is creating more opportunity in jobs today maybe even future jobs.