To become a hedge fund manager, one needs a finance degree, an MBA, and a license from a regulatory organization. High school students interested in finance should take accounting classes and attend reputable universities. Internships can help secure employment and educational assistance. Hedge fund managers may need to pass tests and can advance by establishing new finance companies.
A person who wants to become a hedge fund manager must attend college or university to earn a degree in finance and may also need a license from a regulatory organization. Hedge fund managers usually have a Master of Business Administration (MBA) and may have additional qualifications as well. This career requires excellent analytical skills, a high degree of organization and familiarity with the finance industry.
High school students with an interest in hedge fund management and other careers in the financial industry may want to take extra math classes, particularly accounting courses, if they are available. As they apply to colleges and universities, it may be wise to look for schools with a good reputation in the financial sector. Students can major in accounting, finance and related fields. If possible, they should look into financial industry internships to start making connections while they’re in college.
Graduates can apply to MBA programs. Students with internships on their records will have a better chance of acceptance into such programs. In some cases, particularly exceptional interns may be offered employment and educational assistance, where their employers will pay for the business school. A student looking to become a hedge fund manager may want to explore this option as it can provide valuable experience and professional connections while at school.
Upon graduation from an MBA, it may be possible to become a hedge fund manager immediately in some regions of the world. In others, the next step is to obtain a license from a regulatory organization or agency. These agencies monitor securities trading and the financial industry and may require hedge fund managers to successfully pass a series of tests. These tests include questions about regulations, ethics and business practices. With a license in hand, a graduate can become a hedge fund manager and begin applying skills learned in school to real life.
Once someone becomes a hedge fund manager, they may also consider applying to other companies as they develop experience and professional connections. New finance professionals often start in subordinate roles or work for smaller companies with limited chances for advancement. As they develop professionally, they can look for careers with more opportunities. This can include establishing new finance companies with the support of peers, a good step for a hedge fund manager with an established client base and a high degree of skill.
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