Is a mutual-fund manager a good job. What do they do and what would you need to go to college for, how long.?

You would need a masters in finance or economics to even get an entry level job. This is a field of massive knowledge needed and the patients to work your way up the ladder.

no its a bad job. working at wawa is a good job

You can't get there by just going to college...you'll need the 'talent' and work ethic and luck and all the other stuff that goes into it.

Mutual Fund managers are like major league baseball players...there are only so many jobs to go around, and everyone wants 'em.

Ability counts, not training, intelligence, skill or experience.

In the end, to get there, you gotta out-hustle, out-work, and out-sell all the thousands upon thousands of other guys and gals out there hustling for the same few jobs.

However, if you have the education, the heart and the talent...and would still like your position/job/salary/work conditions even if you DON'T make it...then go for it....

If you make it...it's well worth it....good luck

To be a mutual fund manager, you are not required to have any degrees or industry designations. You can start one on your own if you'd like, but it requires a good amount of capital and a number of investors willing to take a chance on a young buck.

If you don't start your own, you will need to get in the industry with a minimum of a bachelor's degree preferrably in finance or accounting. This will give you ground floor access to a really crappy job that typically only requires 40 hours a week. You will then need to acquire the necessary securities industry licenses (usually a 7 and 63, 65, or 66) which will be required for you to keep your job. After you've got that, you should start your master's program and get your MBA. If you want to work for the best, your MBA needs to come from a well recognized and highly regarded institution.

After you've gotten some experience and are working through your MBA, assuming you're pretty good at your crap job, you'll get a look at an analyst position. Ideally, you'll get the analyst position prior to finishing your MBA. Once you've completed your MBA, and have anywhere from three to seven years of experience coupled with good results, you will be eligible at your firm for a portfolio manager position.

After completing the MBA, you should start on the CFA (Chartered Financial Analyst) designation which has fast become industry standard for newer money managers. It's a minimum of 3 years to complete assuming you don't fail which happens VERY frequently. It is peer graded for the final couple of years, so it's good to develop friendships among other fund managers.

So after you have your:

-Bachelor's Degree, 4 years
-Series 7 and 63, 65, or 66, 3 months
-Master's Degree, 2 years
-CFA, 3 years

You will be 9 years and 3 months older than when you started, but the payoff is outstanding. The average CFA is making a quarter million plus with those that are good at their jobs pulling down millions annually.

As for what do they do, well, that depends on which type of investments you are good at working with. Basically, the job of the manager is to pick the investments based on analyst research. The investments could be:

-Stocks
-Bonds
-Real Estate
-Commodities
-Derivatives
-Cash Equivalents

or any combination of these. Each mutual fund has different objectives and limitations on securities selection.

Mutual fund manager is key person of the fund management. He used his knowledge to invest the money to make money or gain profit from the fund that he control.