Also called: Forward Freight Agreement Broker, Freight Futures Broker
Arranges bets on the future price of shipping cargo across oceans, so ship owners and grain or oil traders can protect themselves from swings.
A grain trader worries that ship rates from the Gulf to China will spike next quarter, and you find a shipowner willing to take the other side. You watch daily rate indexes, ship positions and Chinese steel demand, and quote prices on screen and by phone. Freight can double in weeks.
Commission-based; most FFA brokers work in London, Singapore and a few US offices.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance, economics or maritime business.
Ways in: 4-year college, On-the-job training. Training cost: $15k – $60k.
Majors to look at: Finance, Maritime Business, Economics.
Growing about average. A small market tied to global shipping.
Medium risk for 10 years. Screens match simple trades; reading the shipping market and client relationships stay human.
Classes: Economics, Geography, AP Statistics.
Official data: O*NET occupation 41-3031.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.