How do you become a hedge fund manager ?

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By Mike Welch
To become a Hedge Fund Manager you will need to complete a level of education and also acquire specific professional certification. Because Hedge funds require background knowledge of how to work with sophisticated investment strategies and trade complex financial products, a strong proficiency in math and economics will be required. Hedge fund managers just starting out generally start as a junior trader and if successful can proceed to a career as a higher-level trader. To become a Hedge Fund Manager, planning should start as early as High school if you know that’s the career you aim toward. In order to become a Hedge Fund Manager, choosing the right college or university is the first step to success. Hedge Fund managers often invest through complex investment strategies and having the right college degree will allow them to run the fund effectively and profitably There are many universities that havebachelor’s programs in Business with a focus on economics or accounting. First, choose a bachelor’s degree program with a relevant major like math, finance, physics or computer science and maintain an excellent GPA. Secondly, choose a Master’s Program from a top business school and maintain top grades. To pursue a successful career as a Hedge Fund manager, MBA Concentrations might be: 1. General MBA – covers a variety of subject areas for anyone entering the business environment. Courses often include Marketing, Ethics, Business Law, and Managing in Economic Analysis. Curriculum covered will help develop the analytic and managerial skills needed to become a Hedge Fund Manager. 2. MBA in Business Marketing – part of managing a Hedge Fund requires the manager to market in a diverse population of investors and devise a plan in sales to procure investors. Hedge Fund Managers will need to raise assets from multiple investors including financial advisers, corporations, pensions, foundations and wealth management offices. A Master’s Degree in marketing will provide the fund manager skills to secure sound investors to run lucrative funds. 3. MBA in Business Management – earning a degree in Business Management would provide the student with a strong foundation in business management strategies. Within the program are areas of emphasis to fit desired career including hedge fund management. -Pursuing the Chartered Financial Analyst (CFA) Program The CFA program is the preferred credential for the investment world. CFA charter requires passing 3 exams, possessing appropriate work experience, and acquiring professional references. The Chartered Financial Analyst (CFA) Program is a professional credential offered internationally by the American-based CFA Institute. The CFA Charter is a professional credential and not an academic degree. By many in the financial world it is considered to be the most difficult test on Wall Street, with fewer than 20 percent of test takers completing it successfully. successful hedge fund manager needs to have a clear strategy about building a great profolio for his clients and achieve their financial needs and goals , in order to do that he is required to be be fully educated about trading strategies including options ,Etfs,stock picking, bonds and dividend stocks . The most important key in my point of view is how tI protect his clients assets and generate consistent profit for years to go.

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