2 answers
Amy
Student
Plano, Texas
72
Questions
Updated
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What is the education path to become a portfolio manager and what is the salary range?
I was curious about the career. #career #salary #portfolio-management #financial-planning
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2 answers
Jake Krishnan
Leader - Digital Strategy and Implementation
11
Answers
Salem, Oregon
Updated
Jake’s Answer
Hi Amy
Its great to explore different career options before focusing on the one that interests you the most.
A portfolio manager's career is good for those interested in understanding how money works, comfortable with math and numbers and willing to work really hard in doing research and analysis.
In order to become a portfolio manager (or investment manager as some companies would call), you would need an undergrad degree in finance, business, economics or math - quantitative analysis is a desirable skillset (an MBA is almost mandatory). One step I would advise is look up job postings for portfolio managers, investment managers on wall street to ensure you like what you read.
If that seems ok, choose a school that is potentially known for its finance faculty and preferably one that has strong links to wall street in terms of internships etc. Some of the schools (for both undergrad and grad schools) are:
Columbia University, NYC
NY University, NYC
University of Pennsylvania
Cornell
MIT
Rutgers
University of Chicago
University of Michigan, Ann Arbor
try to get internships with some of the major asset management firms like Vanguard, Fidelity, Franklin Templeton etc. For instance - Alliance Bernstein has advertised for undergrad interns. https://abglobal.gr8people.com/index.gp?method=cappportal.showJob&layoutid=2092&inp1541=&inp1375=8989&opportunityid=8989&source=Indeed.com&sourceType=PREMIUM_POST_SITE
Take a look at the job description and make sure you research and cover these topics in your undergrad study curriculum or talk to your professors and do some special projects related to it.
Some additional info in the link below
http://www.investorguide.com/article/16150/career-focus-how-to-become-a-portfolio-manager-wfu/
portfolio-management college finance-careers
Its great to explore different career options before focusing on the one that interests you the most.
A portfolio manager's career is good for those interested in understanding how money works, comfortable with math and numbers and willing to work really hard in doing research and analysis.
In order to become a portfolio manager (or investment manager as some companies would call), you would need an undergrad degree in finance, business, economics or math - quantitative analysis is a desirable skillset (an MBA is almost mandatory). One step I would advise is look up job postings for portfolio managers, investment managers on wall street to ensure you like what you read.
If that seems ok, choose a school that is potentially known for its finance faculty and preferably one that has strong links to wall street in terms of internships etc. Some of the schools (for both undergrad and grad schools) are:
Columbia University, NYC
NY University, NYC
University of Pennsylvania
Cornell
MIT
Rutgers
University of Chicago
University of Michigan, Ann Arbor
try to get internships with some of the major asset management firms like Vanguard, Fidelity, Franklin Templeton etc. For instance - Alliance Bernstein has advertised for undergrad interns. https://abglobal.gr8people.com/index.gp?method=cappportal.showJob&layoutid=2092&inp1541=&inp1375=8989&opportunityid=8989&source=Indeed.com&sourceType=PREMIUM_POST_SITE
Take a look at the job description and make sure you research and cover these topics in your undergrad study curriculum or talk to your professors and do some special projects related to it.
Some additional info in the link below
http://www.investorguide.com/article/16150/career-focus-how-to-become-a-portfolio-manager-wfu/
portfolio-management college finance-careers
Jeff Hans
Portfolio Manager
5
Answers
Livingston, New Jersey
Updated
Jeff’s Answer
I think schooling is a great starting point, with an emphasis on a school that has a strong business program. From there you will lay the foundation of a career in portfolio management. Afterwards, considering an advanced degree such as MBA, or a certification such as CFA, would be a logical next step. Seeking careers in equity research is also a great place to start as you will learn the basics of fundamental analysis and valuation, which are important steps in learning how to analyze companies. It often takes years of experience to get a portfolio manager job, but having a strong background will help lay the path for you to achieve that goal.