Is becoming an investment fund manager right for me?
The first step to choosing a career is to make sure you are actually willing to commit to pursuing the career. You don’t want to waste your time doing something you don’t want to do. If you’re new here, you should read about:
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How to become an Investment Fund Manager
Becoming an investment fund manager takes education, hard work, and perseverance.
Most brokerage firms or investment houses will look for applicants to possess a Bachelor’s Degree in Economics, Finance, Financial Planning, Business, or Mathematics. For some positions, an advanced degree such as an MBA is required.
There is also a requirement to be licensed. In the United States, the most common licensing forms are the Series 7 and Series 63 or 66 certifications.
The Series 7 exam is required to become a registered representative of any broker-dealer firm, or investment firm, within the United States. It is a six-hour test, which a firm will typically sponsor, and covers all types of investments and regulations—stocks, bonds, mutual funds, individual retirement accounts, annuities, stock options, ethics, documentation, and effecting transactions.
Upon passing the Series 7 exam, the applicant will also need to take either the Series 63 or Series 66 Exam, depending on state of residence. The Series 63 exam is much shorter, and covers knowledge and familiarity with state regulations.