Asset managers are encountering more recent graduates and other early-career candidates who can hit the ground running, as universities create programs and coursework that incorporate both investment and technology skills.
Historically, firms have taken on the responsibility for providing specific, practical training, typically in the form of two-year programs, says Tobias Moskowitz, a finance professor at the Yale School of Management and the faculty director of its new asset management degree program. These on-the-job programs aim to teach recent graduates the ins and outs of the industry and how to apply some of the technical training they got at university, he explains.
“There’s this void. What a lot of these firms do is hire talent and then train them [in-house],” says Moskowitz. “We’re hoping to circumvent that.”read more>