How do fund managers make money?

How much money do Mutual-Fund Managers make?

  • What kind of college degree do you have to have. How long do you have to go to college. What do you have to major in.

  • Answer:

    Get a SAI (statement of additional information) from a fund, like Templeton BRIC Fund. In it contains fund manager compensation, how much they have personally invested in the fund (a range), their educational and professional experience, etc. For the BRIC Fund, Mark Mobius has a PHD in both Economics and Political Science. The Poli Sci degree is more important for him than a finance degree because he specializes in international investing (consquently international relations). But yeah, you need to be in the game for quite a while to get a fund to hire you.

3ZWQDGJAI5C7F5CX7IH2NXLJWU at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

The top fund managers make millions per year. It's not so much what degree you have in as much as experience. It's not something you get hired to do out of college either. You would probably have to major in Finance or Economics. Do an internship at a brokerage house or other financial institution and prove your savvy there.

zanodad

They make $1-$10 million per year and it is all a con. as most of them do not beat the index, ie the proverbial monkey with a pin.

Franco

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.