- Portfolio managers collaborate with a team of analysts and researchers to develop investment strategies and choices for institutional and individual clients.
- Financial analysts are frequently the starting point for portfolio managers.
- Most portfolio managers have a master’s degree in finance, business administration, economics, or similar numbers-oriented profession, however, it isn’t needed.
- Working in portfolio management necessitates FINRA licensure, SEC registration, and professional credentials such as the Chartered Financial Analyst.
Educational Qualifications
For employment as a portfolio manager, a bachelor’s degree in a related discipline is required. Many businesses, however, demand master’s degrees, and most portfolio managers have them even if they aren’t needed.
A range of undergraduate studies, including quantitative business disciplines like accounting, finance, and economics, are typically regarded appropriate preparation for entry-level roles in this sector. Statistics, mathematics, engineering, and physics are all important subjects that place a strong emphasis on the development of quantitative and analytical abilities.
Portfolio managers often have a master’s degree in finance or another comparable discipline such as business administration or economics. A master of science degree in finance is also an excellent choice.