U. Penn, Harvard, Columbia Top U.S. Schools for Placing Professionals in Asset Management Says New Report

For students considering careers in asset management, college and university officials seeking to market their institutions, asset management firms looking for new recruits or anyone with an interest in the top schools feeding talent into the asset management industry, the just-released 2015 eVestment Education Report is a must-read.

Institutional asset managers around the globe provide a variety of data to eVestment, a leading global investment data analytics firm, including the educational backgrounds and industry tenure of firms’ key professionals. eVestment’s new report based on that data offers a look at the top United States schools supplying talent to the asset management industry overall, with additional rankings of key U.S. markets, firm roles, specific investment segments, year of graduation and more. The report even looks at how famous rival colleges like Harvard vs. Yale and Boston College vs. Boston University stack up against each other in placing top talent at asset management firms.

The report also notes interesting facts about employment trends at asset management firms, including that 13.9% of key professionals at asset management firms have not worked in the industry long enough to see a Fed rate hike.

The full report ranks 75 national universities and 15 liberal arts colleges in the United States. Overall, the top 20 U.S. schools, ranked by total number of alumni working as key professionals at asset management firms, are:

1. University of Pennsylvania

2. Harvard University

3. Columbia University

4. University of Chicago

5. New York University

6. Stanford University

7. Northwestern University

8. Cornell University

9. University of California – Los Angeles

10. Boston College

11. University of California – Berkeley

12. University of Virginia

13. Massachusetts Institute of Technology

14. University of Michigan – Ann Arbor

15. Yale University

16. Boston University

17. Duke University

18. Dartmouth College

19. Princeton University

20. University of Southern California

When scaled for overall school size, the top 20 national list changes slightly:

1. University of Chicago

2. Dartmouth College

3. University of Pennsylvania

4. Princeton University

5. Harvard University

6. Boston College

7. Massachusetts Institute of Technology

8. Stanford University

9. Yale University

10. Columbia University

11. Brown University

12. University of Notre Dame

13. California Institute of Technology

14. Lehigh University

15. Northwestern University

16. Duke University

17. New York University

18. Cornell University

19. University of Virginia

20. Georgetown University

The top 20 public universities providing talent to the asset management industry are:

1. University of California – Los Angeles

2. University of California - Berkeley

3. University of Virginia

4. University of Michigan – Ann Arbor

5. University of Illinois – Urbana-Champaign

6. University of Minnesota – Twin Cities

7. Penn State University – University Park

8. University of North Carolina – Chapel Hill

9. University of Wisconsin - Madison

10. Rutgers, the State University of New Jersey

11. University of Maryland – College Park

12. Ohio State University - Columbus

13. University of Texas - Austin

14. University of Washington

15. University of Iowa

16. University of Connecticut

17. University of Pittsburgh

18. University of Florida

19. College of William & Mary

20. University of California – Santa Barbara

Some other interesting points from the report include:

· The average asset management professional has 19.3 years of relevant work experience;

· About 40% of key professionals in the asset management industry hold a bachelor’s degree as their highest educational degree;

· About 39% of key professionals in the industry hold an MBA and about 22% have a PhD or other advanced degree.

The report offers a variety of additional data, including top schools by product strategy; top Ivy League, public university and liberal arts schools; and top schools by position within asset management firms. Each school noted in the report has their own detailed pages, highlighting information specific to each school.

To download a full version of the report, please click here or use this link https://www.evestment.com/resources/research-reports/2015-research-reports/the-2015-education-report/.