Last updated: 00:40 / Wednesday, 7 October 2015
eVestment Education Report

If You Want a Career in Asset Management You Should Choose One of These Schools

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If You Want a Career in Asset Management You Should Choose One of These Schools
  • University of Pennsylvania, Harvard University, Columbia University, University of Chicago and New York University are the Top 5
  • 3.9% of key professionals at asset management firms have not worked in the industry long enough to see a Fed rate hike.

For students considering careers in asset management, college and university officials seeking to market their institutions, asset management firms looking for new recruits or anyone with an interest in the top schools feeding talent into the asset management industry, the 2015 eVestment Education Report is a must-read.

Institutional asset managers around the globe provide a variety of data, including the educational backgrounds and industry tenure of firms’ key professionals. The new report offers a look at the top United States schools supplying talent to the asset management industry overall, with additional rankings of key U.S. markets, firm roles, specific investment segments, year of graduation and more. The report even looks at how famous rival colleges like Harvard vs. Yale and Boston College vs. Boston University stack up against each other in placing top talent at asset management firms.

The report also notes interesting facts about employment trends at asset management firms, including that 13.9% of key professionals at asset management firms have not worked in the industry long enough to see a Fed rate hike.

The full report ranks 75 national universities and 15 liberal arts colleges in the United States. Overall, the top 20 U.S. schools, ranked by total number of alumni working as key professionals at asset management firms, are: 

  1. University of Pennsylvania
  2. Harvard University
  3. Columbia University
  4. University of Chicago
  5. New York University
  6. Stanford University
  7. Northwestern University
  8. Cornell University
  9. University of California – Los Angeles
  10. Boston College
  11. University of California – Berkeley
  12. University of Virginia
  13. Massachusetts Institute of Technology
  14. University of Michigan – Ann Arbor
  15. Yale University
  16. Boston University
  17. Duke University
  18. Dartmouth College
  19. Princeton University
  20. University of Southern California

Some other interesting points from the report include:

  • The average asset management professional has 19.3 years of relevant work experience;
  • About 40% of key professionals in the asset management industry hold a bachelor’s degree as their highest educational degree;
  • About 39% of key professionals in the industry hold an MBA and about 22% have a PhD or other advanced degree.

To download a full version of the report, please use this link

 

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