Do I need to get an MBA in order to become a portfolio manager?

Prepwise AnswersCategory: Finance CareersDo I need to get an MBA in order to become a portfolio manager?
Greston Wise Staff asked 8 years ago
1 Answers
Greston Wise Staff answered 8 years ago

A portfolio manager is a high-level financial analyst who makes executive decisions for a company or client. These managers typically work for portfolio management firms or investment banks; however, they can find employment at a variety of firms. A master’s degree and several years’ experience as a financial analyst are common prerequisites to becoming a portfolio manager. Some jobs dealing with the transfer of securities require federal licensing, and many portfolio managers seek optional professional certification as well.


A bachelor’s degree is the standard level of education for entry-level financial analyst positions. According to the U.S. Bureau of Labor Statistics (BLS), employers look for candidates with a bachelor’s degree in a finance-related field, like accounting, economics, finance or business administration ( Courses in advanced math and statistics are also recommended.

A master’s degree in business administration or finance also might be required to become a portfolio manager. These programs typically take 2-3 years to complete and include advanced courses on asset management, hedge funds, options pricing and bond valuation.