1. University of Pennsylvania
Philadelphia, PA • Private
There is more than meets the eye when it comes to being a commodity broker. For example, did you know that they make an average of $30.44 an hour? That's $63,317 a year! Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.
There are certain skills that many commodity brokers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, customer-service skills and detail oriented.
If you're interested in becoming a commodity broker, one of the first things to consider is how much education you need. We've determined that 76.5% of commodity brokers have a bachelor's degree. In terms of higher education levels, we found that 8.9% of commodity brokers have master's degrees. Even though most commodity brokers have a college degree, it's possible to become one with only a high school degree or GED.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of broker you might progress to a role such as account executive eventually. Later on in your career, you could end up with the title national sales manager.
What Am I Worth?
There are several types of commodity broker, including:
Mouse over a state to see the number of active commodity broker jobs in each state. The darker areas on the map show where commodity brokers earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Philadelphia, PA • Private
Evanston, IL • Private
Los Angeles, CA • Private
Vestal, NY • Private
Villanova, PA • Private
San Diego, CA • Private
Stanford, CA • Private
Boston, MA • Private
Stony Brook, NY • Private
New York, NY • Private
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 17.2% of commodity brokers listed commodities on their resume, but soft skills such as analytical skills and customer-service skills are important as well.
Zippia allows you to choose from different easy-to-use Commodity Broker templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Commodity Broker resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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Some places are better than others when it comes to starting a career as a commodity broker. The best states for people in this position are New York, Delaware, Rhode Island, and New Hampshire. Commodity brokers make the most in New York with an average salary of $101,851. Whereas in Delaware and Rhode Island, they would average $86,421 and $83,318, respectively. While commodity brokers would only make an average of $77,774 in New Hampshire, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
2. Rhode Island
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|2||Quantum Financial Advisors||$112,105||$53.90||2|
|7||The Sherwood Group||$90,706||$43.61||5|
|10||MAN Capital Corporation||$80,811||$38.85||5|