How do I become a investment fund manager
i know it take some collage but like what skills classes and information do i need to attain to be proficient at this job
In order to become an investment fund manager, one must first obtain a bachelor’s degree in a relevant field such as finance, economics, or accounting. Many investment fund managers also have a master’s degree in business administration (MBA) or a Chartered Financial Analyst (CFA) designation.
Relevant coursework for an aspiring investment fund manager could include classes in investments, portfolio management, financial accounting, and financial analysis. In addition to academic coursework, it is also important to gain experience in the investment industry. This can be done through internships or working in entry-level positions at investment firms.
Investment fund managers must have a deep understanding of the financial markets and the ability to make sound investment decisions. They must also be able to effectively communicate their investment thesis to their clients. Strong analytical and research skills are essential in this role, as is the ability to think critically and solve problems.
Like other conventional professions career as a Fund Manager is also providing a lot of opportunities to show their talent and earn respect and money by the younger generation. To be a successful Fund Manager the aspiring candidate has to be dedicated and hardworking. The job of a Fund Manager requires an intensive knowledge of the various aspect of the share market along with foresight to predict to some extent the direction of flow of the market. To discharge his duties in an effective manner he requires special training comprehensive knowledge in more than one area of the trade.
John recommends the following next steps:
Alexander L. Yu, MBA
I applaud your aspirations--being an investment fund manager is often a high-profile and public job that has a lot of pressure and performance expectation associated with it. These roles are also extremely competitive, and take years if not decades of experience in a related work environment.
While there is no step-by-step instruction manual for this career, I recommend:
- Focusing on grades and getting into the best college possible. You can land a job in investment management directly out of college, but these teams often only recruit from top universities.
- Being active in investment or finance clubs at your college.
- Landing at least one finance-related summer internship while a college student.
- Connecting to and networking with professionals who work in the field.
- Mastering Excel, Python, and SQL, and learning how to use them as tools in conducting investment research.
- Completing the CFA exams after some work experience and becoming a CFA charterholder.
- Working at a large bank or financial company, in a related team such as equity research, sales & trading, or portfolio management.
Best of luck!
EDIT: Here is a good read on this topic: