2 answers
Charles
Student
Ann Arbor, Michigan
2
Questions
Asked
1149 views
How can I eventually become a Hedge fund manager? If ever?
I've always been sort of into business-y type things and more recently I've learned quite a bit about the market and have even started reading investopedia whenever I get bored. For some reason, recently I have been absolutely captivated by hedge funds...though many can have legally dubious activities going on in the background.
#hedge-funds
#stocks-investing
#hedge-fund
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2 answers
Kevin P Hust, MBA
Risk Administration and Army Officer
201
Answers
Dallas, Texas
Updated
Kevin P’s Answer
Charles, please don’t let the dubious activity you have noticed distract you from a career you find most interesting. The field you have picked is a very competitive one. Very lucrative one. And best of all, one with a proven path to accomplishment. You can do this! Please know, this will not be easy! I did not say it would be easy!
You’re doing the right things currently. Research. That is most of your job anyway. Start tracking trends and current events. Learn about investment philosophies and how this is best “manipulated”. I say manipulated not to make that word sound but the information has to work for you!
But research prepares you for the role but it doesn’t prepare you for the interview which is what you need first. That’s where school and certifications come into play. Maybe hedge fund managers have a finance, math, or economics degree. You will do a lot of analysis. So you have to like math, excel, tableau and the like.
Once you find the degree you find most appropriate, there is one additional thing you can do to truly set yourself apart. That is the earning your CFA. Chartered Financial Analyst. Many consider this the holy grail for hedge fund manager and other analysts. But please know this is no joke. Many consider this test one of the most difficult. BUT once you have it, it’s one heck of an accomplishment.
Good luck, this is a heck path. Keep it up!
You’re doing the right things currently. Research. That is most of your job anyway. Start tracking trends and current events. Learn about investment philosophies and how this is best “manipulated”. I say manipulated not to make that word sound but the information has to work for you!
But research prepares you for the role but it doesn’t prepare you for the interview which is what you need first. That’s where school and certifications come into play. Maybe hedge fund managers have a finance, math, or economics degree. You will do a lot of analysis. So you have to like math, excel, tableau and the like.
Once you find the degree you find most appropriate, there is one additional thing you can do to truly set yourself apart. That is the earning your CFA. Chartered Financial Analyst. Many consider this the holy grail for hedge fund manager and other analysts. But please know this is no joke. Many consider this test one of the most difficult. BUT once you have it, it’s one heck of an accomplishment.
Good luck, this is a heck path. Keep it up!
Bbhaves Patel
Manager at Hedge Fund Admin Firm
6
Answers
Rolling Meadows, Illinois
Updated
Bbhaves’s Answer
Charles, I think to be in Hedge Fund industry as trader, the most important credential is to get degree from Tier 1 school. In today's world, getting finance, math or accounting degree is not sufficient because lot of traders are using computer algorithms for trading and computer programming knowledge is as important. You need to focus on combination of finance/math/accounting and computer programming to have a good chance to get your first step into the door. Having an internship with Hedge Fund or Money managers will help you a lot.