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Futures trader education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a futures trader. Futures traders usually study finance, business, or economics. 81% of futures traders hold a bachelor's degree, and 13% hold an master's degree. We analyzed 570 real futures trader resumes to see exactly what futures trader education sections show.

The most common colleges for futures traders are the DePaul University and the DePaul University.

There are also many online futures trader courses to help get the education required to be a futures trader.

What education do you need to become a futures trader?

What degree do you need to be a futures trader?

The most common degree for futures traders is bachelor's degree, with 81% of futures traders earning that degree. The second and third most common degree levels are master's degree degree at 13% and master's degree degree at 3%.
  • Bachelor's, 81%
  • Master's, 13%
  • Associate, 3%
  • Doctorate, 1%
  • Other Degrees, 2%

What should I major in to become a futures trader?

You should major in finance to become a futures trader. 28% of futures traders major in finance. Other common majors for a futures trader include business and economics.

Most common colleges for futures traders

Futures traders often get their degrees at DePaul University, University of Illinois at Chicago, and Northwestern University. Here are the most common colleges for futures traders in the US based on their resumes.
Futures trader common collegePercentages
DePaul University15.18%
University of Illinois at Chicago7.14%
Northwestern University7.14%
University of Colorado at Boulder5.36%
University of Iowa5.36%

Best majors for futures traders

RankMajorPercentages
1Finance28.5%
2Business22.8%
3Economics15.7%
4Accounting3.4%
5Marketing3.4%

Best colleges for futures traders

The best colleges for futures traders are Northwestern University, University of Pennsylvania, and Stanford University.

A futures trader with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for futures traders. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become futures traders.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-state tuition

$9,808

Enrollment

13,990

5. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

6. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

7. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

8. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

10. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

20 best online courses for futures traders

Advertising disclosure

1. Derivatives - Options & Futures

coursera

While investing and trading in the options market may seem somewhat more daunting than other asset classes such as stocks, bonds, exchange-traded funds, currencies and commodities, you’ll ultimately find that their complexity can be boiled down to simple concepts you’ll be able to understand and use the more you’re exposed to, and have hands-on experience with the material. Our aim is for you to acquire these skills, as well as the know-how, to invest and trade in these often-complex financial...

2. Futures Thinking

coursera

Do you want to think about the future with more creativity and optimism? Do you want to see what’s coming faster, so you can be better prepared for disruptions and more in control of your future? Do you want to get better at changing what’s possible today – in your company, your industry, your community, and in your own life?\n\nThis Specialization will introduce you to the practice of futures thinking, as developed and applied for the past 50 years by the Institute for the Future, a...

3. Futures/Commodity Trading

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4.3
(253)

Learn how to trade futures/commodities like a Pro!...

4. Day Trading and Swing Trading Futures with Price Action.

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4.6
(713)

Reduce risk day trading futures, swing trading futures or any financial trading using price action...

5. Forecasting Skills: See the Future Before it Happens

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For many people, the future comes as a surprise – or even a shock. But with strong forecasting skills, YOU can avoid future shock. You can adapt faster, and become better prepared to benefit from change. In this course, you’ll build your future forecasting skills. You'll learn how to turn groups of "signals" (clues about the future) and "drivers" (global forces that influence the direction of change) into compelling future forecasts. Forecasts help you discover new possibilities and...

6. Designing the Future of Work

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The workplace of tomorrow is an uncertain place. We live in a rapidly changing world, and design innovations such as artificial intelligence (AI), robotics, and big data are rapidly changing the fundamental nature of how we live and work. As these technologies continue to evolve at an exponential rate - it is becoming critical to understand their impact on contemporary work practices, and for businesses and employees to understand how to design a secure future amidst this disruption. What new,...

7. Financial Derivatives, Futures and Options - Applied Course

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4.5
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Learn Derivatives from Real Data on NSE; A Risk Management Approach; Covers Stock Futures & Options, Commodities...

8. Introduction to Futures & Options

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(1,132)

Derivatives Options Futures Hedging Speculation Puts Calls Risk Management OTC Option Pricing...

9. Being Smart about Cycling Futures

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What is the future of cycling in our cities that struggle to transition to more sustainable and inclusive forms of mobility? What is the role of innovation in ensuring that cycling becomes easier, safer and more accessible for different groups of people? What are Great Bikes and what are Great Cycling Cities? In this course we tackle these questions, but we do so without providing recipes, one-size-fits-all solutions or rankings of innovations. Instead, this course helps you to develop your own...

10. Decentralized Finance (DeFi): The Future of Finance

coursera

DeFi and the Future of Finance is a four course learning experience. DeFi or Decentralized Finance is a new technology whereby users interact as peers with algorithms or smart contracts rather than through traditional intermediaries such as banks, brokerages or insurance companies. The technology has the potential to transform finance as we know it. It solves key problems in traditional finance such as lack of inclusion, inefficiency, opacity, centralized control and lack of...

11. The Future of Energy

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The Bigger Picture: The Probable Future of Energy...

12. Capital Markets Immersion: A Financial Markets Introduction

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(2,256)

Capital Markets Financial Markets Financial Risk Financial Math Yield Curves Derivatives Swaps Options...

13. Simulation Skills: This is Your Brain on the Future

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Do you want to learn how to simulate the future more creatively and more effectively? This course is for you. Humans are the only living creatures with the ability to think about and make plans for the long- term future. Even so, our brains don’t always make it easy. Over the past decade, scientists have discovered a number of neurological “road blocks” to effective futures thinking. These glitches in the brain make it harder for us to accurately predict how we’ll feel and what we’re likely to...

14. People, Technology and the Future of Mobility

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Welcome to the People, Technology, and the Future of Mobility course! This course provides a lay-person’s introduction to some of the major technological innovations currently underway in the mobility space and asks learners to apply a variety of social science concepts to understand the likely social impacts of these technologies. The course is appropriate for learners from all backgrounds and does not require prior training in engineering or social science. The content presented in this...

15. 30 Digital Marketing Courses In 1. Online Marketing For 2023

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Online marketing is the future. Learn digital marketing basics like SEO & social media for 2023...

16. Trends of the Future for Business & Technology (2020 Update)

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Adapt to the Changes & Trends of the Future and Learn to Thrive in the Next Decade...

17. Mastering Market Profile Trading: Professional Analysis Tool

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No nonsense crash course in Market Profile: The most commonly used analysis tool of professional daytraders...

18. Comprehensive Guide to Financial Markets, Investing &Trading

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(4,344)

A comprehensive (advanced) introduction to global financial markets, investing and trading in all financial assets...

19. Understanding Yield Curve Dynamics and Market Applications

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(475)

Financial Math Yield Curves Bonds Duration Spot Rates Forward Rates Total Return Analysis...

20. GREEN HYDROGEN: THE FUEL OF THE FUTURE

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(257)

A Fundamental course on Green hydrogen Production, Hydrogen Technology, Hydrogen Fuel, Hydrogen Energy, Hydrogen Fuel...

Top 10 most affordable universities for futures traders

The most affordable schools for futures traders are Baruch College of the City University of New York, suny farmingdale, and university of florida.

If the best universities for futures traders are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for futures traders.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

3. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

4. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

5. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

6. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

7. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

8. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

9. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

10. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

Top 10 hardest universities to get into for futures traders

The hardest universities for futures traders to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for futures traders are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for futures traders based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

4. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

5. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

6. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

7. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

8. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

9. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

10. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

Top 10 easy-to-apply-to universities for futures traders

The easiest schools for futures traders to get into are Oklahoma Wesleyan University, notre dame college, and kean university.

Some schools are much easier to get into. If you want to start your career as a futures trader without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for futures traders.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

3. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

4. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

5. Iona College

New Rochelle, NY • Private

Admissions rate

88%

SAT average

1,089

6. William Paterson University of New Jersey

Wayne, NJ • Private

Admissions rate

93%

SAT average

994

7. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

8. Midwestern State University

Wichita Falls, TX • Private

Admissions rate

71%

SAT average

1,033

9. Rutgers, The State University of New Jersey - Camden

Camden, NJ • Private

Admissions rate

71%

SAT average

1,086

10. Rosemont College

Rosemont, PA • Private

Admissions rate

89%

SAT average

1,026

Average futures trader salary by education level

Futures traders with a Master's degree earn more than those without, at $139,162 annually. With a Doctorate degree, futures traders earn a median annual income of $127,300 compared to $109,643 for futures traders with an Bachelor's degree.
Futures trader education levelFutures trader salary
Master's Degree$139,162
Bachelor's Degree$109,643
Doctorate Degree$127,300

Futures trader education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.