Runs a hedge fund strategy, making aggressive bets with big money that can win (or lose) a lot.
You're at your screens at 6 a.m., adjust a bet against a retailer after bad sales data, debate a trade with your analyst and check your fund's risk limits every hour.
Hedge fund PMs are paid a share of profits: a great year can mean millions, a bad year can mean getting fired.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 10 years after high school. Bachelor's in finance, math, engineering or economics; long track record.
Ways in: 4-year college, Graduate school. Training cost: $15k – $60k.
Majors to look at: Finance, Mathematics, Economics, Engineering.
Growing about average. Fund industry grows; individual jobs are cutthroat.
Medium risk for 10 years. AI and quant models crowd discretionary strategies, but PMs who take risk and raise money remain; seats are scarce either way.
Classes: AP Calculus, AP Statistics, AP Macroeconomics, Computer science.
Official data: O*NET occupation 11-3031.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.