DBS - Diploma in Stockbrokering

daithi666

Hi,

Thinking of going for this course. Has anyone done it or heard anything about it? Davy Stockbrokers are involved with the course which seems to be a plus. Any advice about it would be great, Thanks.

http://www.dbs.ie/diploma-stockbroking-investment/tabid/367/

pocketdooz

I can't see where it says Davys are involved ? Only a small ad and bio at the bottom of the page.

Davys hired graduates out of the Masters of Finance course in Smurfit school this year into their graduate program but sent them all letters about a month ago to say P.F.O.

They have cancelled their graduate program and let go 70 people.

What is you current education status ?
Are you currently working FT ?
Would you be willing to take a year out ?

If so I would recommend either

A) The new MSC Finance being offered by Trinity college
The MBS Finance or MSC Quantitative Finance in UCD Smurfit School
C) The Masters in Treasury and Investment Banking in DCU

In my opinion , if you want to work in Davys / NCB etc. this course would be a waste of time. DBS is second rate institution and a diploma is not worth much anyway. You will be competing with graduates from the above courses in a lean employment environment and unless you are an exceptional candidate will be at a severe disadvantage on the hiring front.

That's my opinion.

daithi666

The diploma is awarded in conjunction with Davy Stockbrokers.

Not hoping to make this a full time thing. Just something to try and make a few bob on the side. Something I've always wanted to try. Yeah, I am working FT so a FT course wouldn't be an option.

What would you reckon would be the best way of learning the stock market and making a few investments?

pocketdooz

daithi666 wrote: »

The diploma is awarded in conjunction with Davy Stockbrokers.

Not hoping to make this a full time thing. Just something to try and make a few bob on the side. Something I've always wanted to try. Yeah, I am working FT so a FT course wouldn't be an option.

What would you reckon would be the best way of learning the stock market and making a few investments?

Maybe it would be a good idea so. It sounds like it will teach you the nuts and bolts of the industry. The best of luck with it.

Books I would recommend to start out would be

Fortune's Formula by William Poundstone

Investments by Sharpe, Alexander and Bailey

The Warren Buffett way.

How to be your own stockbroker by Charles Schwab

Each one focuses on a different aspect of the industry and none are too technical (maybe "Investments" is in parts but not really)

Good luck

dunkamania

The Warren Buffett way, I cannot recommend this book enough, also A random walk down WalL Street. These books should give you a good foundation to start learning from.

If it was a particular career path you were chasing, the CFA designation is the one you would be looking. www.cfainstitute.org

christeb

I was thinking of doing this myself, although after consultation with friends I decided against it.

Currently doing their H.Dip. in Business Studies (last semester in Sept) which is quite enjoyable, although it's certainly no TCD!

The books recommended to me include both of Mark Shipman's, although I belienve the 2nd one doesn't have so much new information in it.
TBH I'm gonna spend a bit of time / money on the books and if I think I need the extra hands-on tuition, I'll do it in the future.

justfortherecor

pocketdooz wrote: »

I can't see where it says Davys are involved ? Only a small ad and bio at the bottom of the page.

Davys hired graduates out of the Masters of Finance course in Smurfit school this year into their graduate program but sent them all letters about a month ago to say P.F.O.

They have cancelled their graduate program and let go 70 people.

They postponed the graduate program until Sept 09, dont think the graduates were told PFO as far as I know. Dont think they will be running one this year, so no application process over the winter.

Maybe not the best time to be going into the stockbroking business in Ireland, a lot of restructuring to happen over the next 12 months I'd say.

Poncherello

' Reminiscences of a Stock Operator '

And 'Market Wizards' (both of them) are fantastic books to read to gain insight into markets and books you will continue to read for years and years.

daveirl

This post has been deleted.