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3 answers

Short Term: Psychology
Long Term: Finance

2007-05-03 06:21:59 · answer #1 · answered by BosCFA 5 · 0 0

A finance degree unfortunately does not teach you the stock market, just theories. The average finance student is given a test on their knowledge and over 86% of finance students could not read the wall street journals stock page and understand it.

Unfortunately, experience working in that field will give you the best experience. I know....BS in finance and became a financial planner now, stock broker for many years and the companies I worked for and experience taught me more than college ever did.

2007-05-03 13:41:22 · answer #2 · answered by Jess2424 3 · 0 0

A degree in finance to give you the fundamentals of the stock market (e.g. efficient market hypothesis, financial instruments, etc.), tools to analyse it with (e.g. discounted cashflow analysis, instrument valuation, etc.) and the concepts (e.g. diversification, behavioural finance, etc.). Of course, you start with these basics and move on from there to acquire the practical skills.

A secondary degree (formal or self-taught) on psychology might be useful, since the market is but a congregation of a mass of traders, speculators and investors, namely human beings like you and me, who are subject to greed and fear. Understanding psychology could allow one to shed more light on this sophisticated yet primal beast called the market. But this is just a guess, as I am a student of finance, not a psychologist.

2007-05-03 13:24:40 · answer #3 · answered by Winston P 1 · 0 0

It doesn't take a specific degree, just strong interest. And the tenaciousness to study and learn.
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2007-05-03 13:27:13 · answer #4 · answered by Robert L 7 · 0 0

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