The 40-year-old's playing career ended in 2012 but he has so far failed to land a managerial post.
He told the Liverpool Echo: "I've got the other coaching badges and now I'm doing the Pro Licence, which is the highest one you can do
"I started it in January and it will take around a year. By next June I should have completed it.
"Everyone knows I want to be a manager. It's what I have always longed for and I am almost there now
"Regardless of what people think about me, I believe I'd make a good manager and I am determined to prove that."
Fowler made more than 300 appearances for his boyhood club, averaging better than a goal every other game before leaving for Leeds in 2001.
He went on to play for Manchester City, Cardiff and Blackburn, as well as making a return to Anfield in 2006
He finished his career with stints in Australia and Thailand
