Post job

Bond trader education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a bond trader. Bond traders usually study finance, business, or economics. 79% of bond traders hold a bachelor's degree, and 15% hold an master's degree. We analyzed 198 real bond trader resumes to see exactly what bond trader education sections show.

The most common colleges for bond traders are the University of Arizona and the University of Arizona.

There are also many online bond trader courses to help get the education required to be a bond trader.

What education do you need to become a bond trader?

What degree do you need to be a bond trader?

The most common degree for bond traders is bachelor's degree, with 79% of bond traders earning that degree. The second and third most common degree levels are master's degree degree at 15% and master's degree degree at 4%.
  • Bachelor's, 79%
  • Master's, 15%
  • Associate, 4%
  • Diploma, 2%
  • Other Degrees, 0%

What should I major in to become a bond trader?

You should major in finance to become a bond trader. 28% of bond traders major in finance. Other common majors for a bond trader include business and economics.

Most common colleges for bond traders

Bond traders often get their degrees at University of Arizona, University of Richmond, and New York University. Here are the most common colleges for bond traders in the US based on their resumes.
Bond trader common collegePercentages
University of Arizona8.70%
University of Richmond6.52%
New York University6.52%
Fordham University6.52%
Northeastern University6.52%

Best majors for bond traders

RankMajorPercentages
1Finance28.1%
2Business24.5%
3Economics7.9%
4Political Science5.8%
5Marketing5.0%

Best colleges for bond traders

The best colleges for bond traders are Northwestern University, University of Pennsylvania, and Stanford University.

A bond trader with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for bond traders. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become bond traders.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-state tuition

$9,808

Enrollment

13,990

5. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

6. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

7. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

8. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

10. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

20 best online courses for bond traders

Advertising disclosure

1. Stocks and Bonds

coursera

In this course, we will apply the central concept and applications of Time Value of Money (TVM) to explore the structure and pricing of stocks and bonds at an introductory level. In this course, you will learn about bonds, different types of bonds (Zero Coupon bonds, Government bonds). You will learn about bond pricing calculations and see their direct connection to market data on bonds. You will also learn about stocks, and their pricing and valuation. You will learn about growth and dividend...

2. Interest Rate Models

coursera

This course gives you an easy introduction to interest rates and related contracts. These include the LIBOR, bonds, forward rate agreements, swaps, interest rate futures, caps, floors, and swaptions. We will learn how to apply the basic tools duration and convexity for managing the interest rate risk of a bond portfolio. We will gain practice in estimating the term structure from market data. We will learn the basic facts from stochastic calculus that will enable you to engineer a large variety...

3. Bonds & Fixed Income Securities: Structure, Prices & Markets

udemy
4.6
(1,615)

Fixed Income Convertible Bonds Structured Products Mortgage Backed Securities (MBS) Asset Backed (ABS) CDOs...

4. Investing In Bonds: The Complete Bond Investing Course!

udemy
4.6
(253)

All Bond Investing Types. Government & Corporate Bonds. Bond Strategies. Bond Risks, Bond Funds, Fixed Income Bonds...

5. Global Financial Markets and Instruments

coursera

Get a running start in the high-stakes world of financial investment! This first course is designed to help you become an informed investor by providing you with the essential concepts for long-term success in managing money. You’ll start by learning the role of financial markets and financial assets in a well-functioning economy. From there, you’ll learn about the wide range of financial instruments available in major asset classes, their features and valuations. You’ll explore how financial...

6. ESG-focused Financial Products

coursera

As ESG investing continues to evolve, so do the funding mechanisms many companies, organizations, and governments use to finance their stated goals. Indeed, ESG-focused financial products, or ‘green assets’, have been growing in volume – as well as by type. In the fixed income space alone, instruments available to investors include green bonds, social bonds, sustainability-linked bonds, climate awareness bonds, gender bonds, and others – not to mention a growing list of ESG-themed...

7. Fixed Income Securities: Become a Bond Analyst & Investor

udemy
4.3
(277)

An Introduction to Bond Markets: Everything You Need to Know About Bonds...

8. Bond Valuation Mastery - Learn To Value Bonds From Scratch.

udemy
4.6
(882)

Become A PRO At Valuing One Of The Most Important Fixed Income Securities Finance Fundamentals Valuation Series...

9. Derivatives - Options & Futures

coursera

While investing and trading in the options market may seem somewhat more daunting than other asset classes such as stocks, bonds, exchange-traded funds, currencies and commodities, you’ll ultimately find that their complexity can be boiled down to simple concepts you’ll be able to understand and use the more you’re exposed to, and have hands-on experience with the material. Our aim is for you to acquire these skills, as well as the know-how, to invest and trade in these often-complex financial...

10. Corporate Finance Essentials II

coursera

This course picks up where Corporate Finance Essentials left, addressing other corporate finance issues not addressed in the previous course, such as market efficiency, bonds, stocks, capital structure, and dividend policy. This course will help you to: ● Understanding the concept of market efficiency. ● Get an overview in issues related to bonds, such as type of bonds, their return (yield to maturity) and default risk ● Getting to know the valuation of stocks through the method of relative...

11. Fixed Income Analytics: Pricing and Risk Management

udemy
4.4
(327)

With Python Tools for Bonds and Money Market Instruments...

12. Understanding Yield Curve Dynamics and Market Applications

udemy
4.5
(475)

Financial Math Yield Curves Bonds Duration Spot Rates Forward Rates Total Return Analysis...

13. Quantitative Finance & Algorithmic Trading in Python

udemy
4.5
(1,593)

Stock Market, Bonds, Markowitz-Portfolio Theory, CAPM, Black-Scholes Model, Value at Risk and Monte-Carlo Simulations...

14. Introduction to Capital Markets

udemy
4.5
(862)

Equities, Fixed Income and Derivative market...

15. Capital Markets Immersion: A Financial Markets Introduction

udemy
4.5
(2,256)

Capital Markets Financial Markets Financial Risk Financial Math Yield Curves Derivatives Swaps Options...

16. Interest Rate Swaps: Structure, Pricing & Risk Management

udemy
4.5
(994)

Interest Rate Swaps Risk Management Hedging OTC Clearinghouses Swap Valuation Floating Interest Rates...

17. Day Trading and Swing Trading Futures with Price Action.

udemy
4.6
(713)

Reduce risk day trading futures, swing trading futures or any financial trading using price action...

18. Options Trading: Technical Analysis Trading System (2023)

udemy
4
(411)

Technical Analysis For Stock Options & Binary Options Trading - How to Win The Stock Trading Game Like a Pro!...

19. Comprehensive Guide to Financial Markets, Investing &Trading

udemy
4.5
(4,344)

A comprehensive (advanced) introduction to global financial markets, investing and trading in all financial assets...

20. Investment Analysis & Portfolio Management - Core Finance

udemy
4.5
(3,228)

Financial Analysis Done Right - Rigorously Analyse Investments & Manage Portfolios using Excel® & Google Sheets...

Top 10 most affordable universities for bond traders

The most affordable schools for bond traders are Baruch College of the City University of New York, suny farmingdale, and university of florida.

If the best universities for bond traders are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for bond traders.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

3. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

4. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

5. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

6. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

7. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

8. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

9. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

10. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

Top 10 hardest universities to get into for bond traders

The hardest universities for bond traders to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for bond traders are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for bond traders based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

4. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

5. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

6. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

7. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

8. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

9. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

10. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

Top 10 easy-to-apply-to universities for bond traders

The easiest schools for bond traders to get into are Oklahoma Wesleyan University, notre dame college, and kean university.

Some schools are much easier to get into. If you want to start your career as a bond trader without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for bond traders.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

3. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

4. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

5. Iona College

New Rochelle, NY • Private

Admissions rate

88%

SAT average

1,089

6. William Paterson University of New Jersey

Wayne, NJ • Private

Admissions rate

93%

SAT average

994

7. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

8. Midwestern State University

Wichita Falls, TX • Private

Admissions rate

71%

SAT average

1,033

9. Rutgers, The State University of New Jersey - Camden

Camden, NJ • Private

Admissions rate

71%

SAT average

1,086

10. Rosemont College

Rosemont, PA • Private

Admissions rate

89%

SAT average

1,026

Average bond trader salary by education level

According to our data, bond traders with a Master's degree earn the highest average salary, at $140,532 annually. Bond traders with a Doctorate degree earn an average annual salary of $128,041.
Bond trader education levelBond trader salary
Master's Degree$140,532
Bachelor's Degree$109,547
Doctorate Degree$128,041

Bond trader education FAQs

Search for bond trader jobs

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.