There are many career directions that can be pursued in the fast-moving world of stockbroking.  Generally speaking, stockbrokers buy and sell securities (e.g. stocks and shares) on a commission basis on behalf of private and commercial clients.

A stockbroker will work with a range of clients, from individuals to large companies. Their role is to manage and look after their clients investments. They will also advice clients on when to buy or sell their stocks or shares.

The portfolio manager in the Investment Department of a stockbroking firm assesses the client’s financial status. The analyst in the Research Department analyses the companies listed on the stock exchange. The information is then compiled to assist the portfolio manager in investing the clients’ funds which is undertaken by the Institutions and Client Services Departments.

  • The dealer who works on the trading floor represents the popular image of the stockbroker. There are various categories of dealers:

  • unauthorised clerks ‘run’ orders from the trading desk to the dealers

  • the authorised clerk carries out buy and sell orders with dealers from other brokers

  • the institutional dealer takes and carries out buy and sell orders over the telephone from South African corporations, and offers companies market information

  • an arbitrageur does the same job as the institutional dealer, but he deals with overseas institutions

The Derivatives Department trades in the futures and options market, an area so unpredictable that it is often said that these dealers are born with a ‘nose’ for the job. The dealer does the trading in this market and a strategist applies knowledge and experience to the market to develop new strategies.

The Corporate Finance Department lists shares on the Johannesburg Stock Exchange and the Administration Department does the paperwork for all the other departments - a task which can become quite pressurised at times.

Important skills are computer literacy, ambition, a competitive attitude and determination.


  • JSE

  • stock broking firms

  • start own broking firm


Abm University College, Academic City College, Accra, Adventist University of Central Africa, Almond Institute(formerly Graduate School of Governance and Leadership), BA ISAGO University College, Bimaks College of Business and Health Sciences, Bindura University of Science Education, Bluecrest College (formerly Niit Ghana College), Botho University, Botswana Accountancy College, Botswana College of Distance and Open Learning, Catholic Institute of Business and Technology, Catholic University College of Ghana, Cavendish University, Coastal KZN TVET College, College of Cape Town , Damelin, Dedan Kimathi University of Technology, Egerton University, Ekurhuleni West TVET College, Evangelical Presbyterian University College, Fountainhead Christian College, Garden City University College, Ghana Institute of Management and Public Administration, Gideon Roberts University, Great Zimbabwe University, Helderberg College NPC, Heritage Christian College, ICESA City Campus, Institute of Applied Sciences, Institute of Bankers Namibia (IOB), Institute of Development Management, International University of Management, Jomo Kenyatta University of Agriculture and Technology, Jomo Kenyatta University of Agriculture and Technology (Tanzania), KAAF University College, Kenneth Kaunda Metropolitan University, Kenyatta University, Kigali Independent University, Kirinyaga University College, Limkokwing University of Creative Technology, Lovedale Public TVET College, Lyceum College, Machakos University College, Management College of Southern Africa (MANCOSA), Masinde Muliro University of Science and Technology, Meru University of Science and Technology, Methodist University College Ghana, Middlesex University Mauritius, Milpark Education, Moi University, Mount Kenya University, Multitech Business School, Mzumbe University, National University of Science & Technology, Nelson Mandela Metropolitan University, North-West University, Nsaka University, Pentecost University College, Production Management Institute of Southern Africa, Regenesys Management, Regent Business School, Rhodes University, Rosebank College, Sol Plaatjies University, Stefano Moshi Memorial University College, Strathmore University, Sylvia University, Technical University of Kenya, Technical University of Mombasa, Tom Mboya University College, Trinity University, Tshwane North TVET College, United States International University, Université des Mascareignes, University for Development Studies, University of Botswana, University of Dar Es Salaam, University of Eastern Africa Baraton, University of Education Winneba, University of Eldoret, University of Johannesburg, University of Kigali, University of KwaZulu-Natal, University of Lusaka, University of Mauritius, University of Pretoria, University of Professional Studies (Upsa), University of Technology and Arts of Byumba, University of Technology Mauritius, University of the Free State, Valley View University, Victoria University, Vuselela TVET College, Zambia Catholic University, Zetech University

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