Graduates from the University of Pennsylvania make the best asset managers, according to a new report from eVestment.
The investment research firm broke down employment trends in asset management, including which universities have the most alumni working as key professionals at fund managers.
The study revealed Ivy League graduates dominate the asset management field, with the University of Pennsylvania topping the list of schools for producing talent.
Rounding out the top five were Harvard University, Columbia University, the University of Chicago, and New York University.
The University of California, Los Angeles was the best public school for asset management, ranking 11th on the overall list.
The report looked at both undergraduate and graduate alumni. Although the University of Pennsylvania produced the most asset managers overall, the University of Chicago’s Booth School of Business ranked highest for MBA graduates working in asset management.
Of the asset management professionals included in the study, 39.6% held only a bachelor’s degree, while 38.9% had earned MBAs.
The report also found that the average asset management professional had 19.3 years of relevant work experience. Nearly 14%, meanwhile, had not worked in the industry long enough to experience a Fed rate hike.Source: eVestment