A hedge fund manager invests private capital to maximize capital appreciation. Hedge funds work with wealthy investors to invest in a diverse range of markets, often through complex investment instruments and strategies. Having the right college degree will give a hedge fund manager the knowledge to run the fund effectively.
Earning an MBA can benefit hedge fund managers because the degree program covers a variety of subjects useful for anyone entering the business world. The MBA program at Rutgers, for instance, offers a range of courses that can develop the analytical and managerial abilities of future hedge fund managers. Courses include "Ethics, Business and Society," "Managerial Economic Analysis," "Marketing for Decision Making," "Law & Legal Reasoning" and "Evaluating New Ventures."
An MBA in business marketing is an ideal degree for a future hedge fund manager. Without investors, there is no hedge fund. Therefore, part of managing a hedge fund requires managers to market to a cross-section of people and devise a sales plan that will secure investors. As Investopedia explains, hedge fund managers will try to raise assets from numerous investors that include financial advisers, wealth-management offices, corporations, pensions and foundations. Having an MBA in marketing will give hedge fund managers the skills needed to secure sound investors and help run a lucrative fund.
Earning an MBA in business management is a good option for a future hedge fund manager because it provides an advanced knowledge of business management strategies and offers specialty areas of focus. For instance, the MBA in management from London School of Business Finance allows students to choose a number of specialties, including the Global MBA. The Global MBA focuses on international management perspectives and can be tailored to fit any desired career path, including hedge fund management.
Having a Master's or Ph.D. in physics can serve aspiring hedge fund managers well. Physicists apply scientific knowledge to analyze and anticipate market behavior and find various flaws in hedge fund models. Physicist Andrew Tsai became a chief investment officer of the Chalkstream Capital Group and used his mastery of probability equations to create investment opportunities. CBS News reported that Tsai is able to "traffic in areas where there is not a lot of capital chasing for returns" and uses his skills to create investment opportunities from those pockets.
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