Quick Wealth Network

I want a career in money management (like owing a hedge fund)...but not sure where to start?

I'm currently a freshman at a public university in Colorado, and want to have a career in money management. Ideally I have a dream of owning my own hedge fund(s), investment business, real estate firm...all the bases. I'm just not sure where to start. I want to get into the money management for it seems exciting and fun to me. I've read up on what it's like and what it pays. I think my biggest desire to do it however is so I can be well off financially sooner than later so I can enjoy my life...vs working all the time to make ends meet. I'm down as a finance major, but not sure if the school I'm at would be of any help down the line since it's not ranked anywhere. I own my own small business that I started as a teenager in middle school and still run it part time to help pay for school. Any Colorado schools have a good rep in business/finance for what I want to do? I'd sell the business if needed, so if not in Colorado, what school(s) would you recommend? Thanks! Would DU (University of Denver) be a good local pick? What about CU Boulder (University of Colorado at Boulder)? Or are neither of these good enough?

Public Comments

1. Ask yourself these questions. If you took years or semesters of a foreign language at Harvard vs. the same amount at a local community college, which one would get you the best bang for your buck and your time? Also, if after you graduated, you went to the Harvard Job convention wearing a Harvard sweat shirt, could you pull off a job. And who cares where Johnny Cochran went to college, after he got his first job? Good luck.
2. Firstly U've to join in an investment firm. After gatthering experience if u've sufficient money u can start. Good Luck
3. If you are motivated to get into hedge fund management because of the money then you will burn out in no time. What has to motivate you is the love of analysis/markets. I work at a huge investment bank in NY and I love money too but hate my life. I work 18 hour days sometimes more if we have an intense project. No wife or kids but I have an apartment on the upper eat side and a Lamborghini I never get to drive. I'm not bragging just telling it like it is. A good place to start is in either IB as an associate or with a mutual fund company as an analyst. It honestly doesn't matter where you get your degree. Lots of guys come in here from Ivy League schools but don't last 6 months and others come in from nowhere and bust their balls. Start networking cause getting your foot in the door is the hardest part. After that it's all up to you. If you want a family in the future I would recommend getting into a hedge fund with an exit strategy because it will consume your life and time. Make a ton for 7 or 8 years and then get out and get a job with normal hours or you could just outright retire. Undergrad degrees don't matter as far as rankings but for your MBA you want to go to the highest ranked one possible. Stay up
4. Why not start by getting profiles of successful hedge fund managers? I'd guess that a lot of them have biographical information published on the web. I'd look into LinkedIn's website as they are likely to have a number of finance types there. What they teach you in college is probably not as important as who you get to hang out with. What I mean by that is that you will do well for yourself to find a college where people who are successful in your chosen field of endeavor tend to go. You'll then get to hang out with people who are successful or headed for success. Best of luck to you!