How to become an Investment Fund Manager: education, training and skills.
What workers in the job actually report about their education, experience and training, the skills to build first, and the stepping-stone roles that lead in.
BLS does not publish pay for investment fund managers separately. Every pay figure on this page is for the BLS occupation “Financial Managers” (SOC 11-3031), which includes investment fund managers and other jobs; it is not a figure for investment fund managers alone.
- 63% Master's Degree
- 33% Bachelor's Degree
- 2% Post-Master's Certificate
- 2% First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession.
BLS typical entry-level education: a bachelor's degree
BLS lists a bachelor's degree as the typical entry-level education for investment fund managers in the United States (Employment Projections, 2025–35). Most investment fund managers report needing a master's degree (63% of workers surveyed by O*NET). O*NET places the job in Job Zone 5 of 5 (extensive preparation). The most common answer for related work experience was “over 8 years, up to and including 10 years” (28%), and for on-the-job training “over 6 months, up to and including 1 year” (29%).
What BLS lists for investment fund managers
According to BLS 2025–35 projections data, investment fund managers in the United States typically need 5 years or more of work experience in a related occupation to enter the occupation.
Source: BLS Employment Projections, 2025–35
Once hired, investment fund managers in the United States typically need no on-the-job training to become fully competent, according to BLS 2025–35 projections data.
Source: BLS Employment Projections, 2025–35
Six steps to becoming an Investment Fund Manager
Data Steps 1 to 5 summarise BLS and O*NET data for the role; step 6 is advice.
- EducationPlan for a bachelor's degree
BLS typical entry-level education, 2025–35 projections. In O*NET's worker survey, 63% report a master's degree.
- TrainingExpect on-the-job training
Most common: over 6 months, up to and including 1 year.
- ExperienceRelated experience
Most common: over 8 years, up to and including 10 years (28% of workers).
- SkillsBuild the core skills
Reading Comprehension, Active Listening, Critical Thinking are rated most important.
- ToolsLearn the tools
Microsoft Visio, SAS, Microsoft Excel.
- CredentialsCheck licensing where you live
Many occupations need a state license or certification. Requirements vary by state, so confirm with your state's licensing board.
What workers report
Data Share of workers giving each answer, O*NET.
O*NET Job Zone 5 (Extensive Preparation Needed): Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
Related roles that need less preparation
Data O*NET related occupations in a lower Job Zone with a skill match of 65% or more.
What employers require, by BLS survey
Data BLS figures for financial managers (SOC 11-3031), 2025 preliminary BLS Occupational Requirements Survey. This TryHired page covers a specialty within that occupation; the figures describe the whole occupation.
- Most common minimum education
- Bachelor's degree
- 71.1% of workers
- No minimum education
- 1.7%
- of workers
- No prior experience required
- less than 5%
- of workers
- Median prior experience, where required
- 1,825 days (about 5.0 years)
- On-the-job training required
- 67.0%
- of workers
- Median on-the-job training
- 29 days
- License or certification required
- 11.1%
- of workers, as reported by employers (state licensing rules are separate)
Source: U.S. Bureau of Labor Statistics, Occupational Requirements Survey. Minimum requirements reported by employers for average performance; individual employers differ. Estimates are preliminary; ranges are shown as published.
How this page is built
Education, experience, training and Job Zone come from O*NET 31.0 survey data for the occupation. The typical entry-level education, work experience and on-the-job training lines come from BLS Employment Projections, 2025–35. O*NET answers with low-precision estimates are not shown, and an answer is called the most common only when no hidden answer could be larger. Stepping-stone roles use our skill-match score: Skill match is the cosine similarity of the two occupations' skill profiles: for each of 35 O*NET skills (10 essential, 25 transferable) we multiply importance by level and subtract the average across all occupations, then compare the direction of the two profiles. 100 means identical shape; 0 means unrelated or opposite (negative values are shown as 0). Only occupations that O*NET itself lists as related are compared.
- Licensing rules in your state.
- Requirements at a specific employer.
- How long the path will take you personally.
- O*NET 31.0 Database, U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. TryHired selected, ranked and combined the data; O*NET is not responsible for these pages.
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates (public domain).
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