I'm looking to get into stockbroking or investment banking without any experience. Any suggestions?

Answer 1

I think that you are a little over ambitious. For investment banking, you need a good degree in order to get an interview that will get you started on the selection process. This is very rigorous and will probably involve at least a day of assignments and presentations plus preparation. A top investment bank will probably offer jobs to about 15% of those who reach the selection stage.

Answer 2

Instead of jumping right into the big companies for investment banking, try finding a boutique investment bank and getting a job there. With a few years of experience there, you can move on to bigger companies and eventually be making 10 million dollars or more a year at a company that you did not start.

Answer 3

I would suggest that you create an account at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

If you can create a "Top 10%" portfolio, then go to a potential employer, and tell them to look at your stock picking performance, and ask them to consider you for a job.

Good luck!

Answer 4

Whilst you take several instructions accurately and efficiently at the same time, as well as mapping out your stock universe and dealing with the competition, you'll be just one of many hopefuls. Entrepreneurial and service oriented, you have to be good to the extent that you make money. Get personal referrals. Don't overlook foreign, ie asian banks, which have treasury presence, join professional organisations, run a paper portfolio of investments yourself.

Answer 5

Presumimg you don't have any relavent financial / business qualifications either, you haven't got a hope in hell until you've taken and passed a few college courses with high marks - then you'll most likely find the jobs advertised in the posh newspapers.

In the meantime, stick to playing around on the stockmarket via an account from
- Ameritrade (US)
- Sharebuilder.com (US)
- Halifax Sharedealing (UK)

Answer 6

Jack Daniels,pepto bismal,tylenol.

Answer 7

You can always try to apply for a Cleaning Job at any Stockbrokerage firm!

Answer 8

buddy i am into stocks... first get yourself a retail a/c,, operate some shares / f & o's / margin-- BTST etc,,, win some lose some,,, b'cause as long as you lose or win ur own money ok,, but as u lose ur customer's money they will bury you

Answer 9

Get some experience, or you will get badly burned ...