A financial trader career is one where you need to be aware of the activities and performance of the securities market, identify trends and opportunities, use quantitative methods to monitor any financial, credit, market or investment risks in order to meet the demands of the clients. He has to apply his knowledge of the stock market and keep himself up to date on the latest trends so that he is able to make a sound analysis and give the necessary counsel to his clients.

How to become a financial trader:

There are many financial traders who have been successful without any formal degree but in this cut-throat world of competition, one needs to develop as many skills as possible and for that a bachelor’s degree is at least necessary to get a job in a large corporation. You must also have good analytical and communication skills in order to do be successful in this field.

Financial trader career courses, training, programs:

Most people who want a job as a financial trader have a bachelor’s or master’s degree in finance, economics, accounting, management or in some cases some applicants are from a liberal arts background. If you are interested for higher posts which involve using econometrics and statistics in the trading process, you must go for a PhD.

Financial trader career schools/colleges, education:

The training and skills required for this job is provided by any business school or programs which focus on finance and management. Some of the popular schools for this job are:

Top 4 colleges/universities:

Stanford University

Princeton University

Berkeley MFE

Columbia University

Financial trader career job opportunities, salaries/pay and recruitment:

A financial trader can expect to earn anywhere between $70,000 and $122,000 in a year. Their wages are also dependent on commissions and bonuses they receive on the basis of the performance of the stock market.