What does investment banking broker dealer does?

Who is a broker in investment banking? 1. An individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor. 2. The role of a firm when it acts as an agent for a customer and charges the customer a commission for its services. 3. A licensed real estate professional who typically represents the seller of a property. A broker's duties may include: determining market values, advertising properties for sale, showing properties to prospective buyers, and advising clients with regard to offers and related matters. Who is a broker-dealer? A broker-dealer is a firm who purchases and sells stocks/securities on behalf of its client/customer. In such cases they act as brokers. They also purchase stocks/shares in their own account. In this scenario they act as dealer. They are sometimes referred to as Registered Representative (RR) A broker dealer in investment banking is a person or firm in the business of buying and selling securities operating as both a broker and a dealer depending on the transaction. Educational Background expected out of stock broker in financial firms: Stock broker as such is a promising career offering plethora of opportunity to make millions. The salary of stock broker is high compared to other professions. in the past there is no formal educational requirement for becoming stock broker. However, now-a-days companies are looking at individuals with educational background with bachelors (or) associate degree level in one or more of the following subjects Stocks as such has to do lot with numbers and following helps 1) Economics 2) Statistics 3) Mathematics 4) Accounting 5) Business