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Is it possible to work for a hedge fund, mutual fund if your GPA is sub par?


I am very dedicated to the stock market. I have my own investment blog, I watch CNBC everyday, and I have my own fantasy mutual fund that I work on everyday. I guess you could say I am quite good at working with investments. That being said, my GPA isn't the best. Is it possible for me to still work for a mutual fund, hedge fund, or brokerage house out of college? I am aware that it is very competitive out there. I plan to run my own mutual fund or hedge fund one day. Is there still hope for me?

Any input is appreciated

your GPA really only matters in terms of getting your foot in the door. After your first job you can take it off your resume. at that point firms are more concerned with how you preform at your given job

If you are that interested in investing, I'm sure if you begin to explain all of this to them your GPA will not matter as much to them. I think you have a very good chance. Hopefully your fantasy mutual fund is making some $$ haha

no but you would make a dam good president

There are many roles that are available within investment companies. Some require a better academic history than others. A good GPA makes it easy to easily get into the role of your choice.

Alternative methods to work for investment management firms include starting in back office roles and then subsequently move to the roles of your choice. Pursuing a CFA designation also helps.

your GPA really only matters in terms of getting your foot in the door.

Forget your GPA, maybe 2 people will ask it during interviews with 10 companies. I would focus on getting an internship today, start earning your CFA tomorrow and read everything you can on portfolio management and equity analysis. Might want to consider getting a dealmaven excel modeling certification as well. Hope these ideas help!

- Richard
http://hedgefundblogger.com

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