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Fixed income portfolio manager education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a fixed income portfolio manager. Fixed income portfolio managers usually study finance, business, or economics. 74% of fixed income portfolio managers hold a bachelor's degree, and 24% hold an master's degree. We analyzed 165 real fixed income portfolio manager resumes to see exactly what fixed income portfolio manager education sections show.

The most common colleges for fixed income portfolio managers are the New York University and the New York University.

There are also many online fixed income portfolio manager courses to help get the education required to be a fixed income portfolio manager.

What education do you need to become a fixed income portfolio manager?

What degree do you need to be a fixed income portfolio manager?

The most common degree for fixed income portfolio managers is bachelor's degree, with 74% of fixed income portfolio managers earning that degree. The second and third most common degree levels are master's degree degree at 24% and master's degree degree at 1%.
  • Bachelor's, 74%
  • Master's, 24%
  • Associate, 1%
  • Other Degrees, 1%

What should I major in to become a fixed income portfolio manager?

You should major in finance to become a fixed income portfolio manager. 39% of fixed income portfolio managers major in finance. Other common majors for a fixed income portfolio manager include business and economics.

Most common colleges for fixed income portfolio managers

Fixed income portfolio managers often get their degrees at New York University, University of Alabama at Birmingham, and University of Iowa. Here are the most common colleges for fixed income portfolio managers in the US based on their resumes.
Fixed income portfolio manager common collegePercentages
New York University11.11%
University of Alabama at Birmingham6.67%
University of Iowa6.67%
University of Chicago6.67%
University of Northern Colorado4.44%

Best majors for fixed income portfolio managers

RankMajorPercentages
1Finance38.8%
2Business22.3%
3Economics12.9%
4Political Science5.0%
5Accounting3.6%

Best colleges for fixed income portfolio managers

The best colleges for fixed income portfolio managers are Northwestern University, University of Pennsylvania, and Stanford University.

A fixed income portfolio manager with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for fixed income portfolio managers. 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 fixed income portfolio managers.

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 fixed income portfolio managers

Advertising disclosure

1. Market Risk Management: Frameworks & Strategies

coursera

This course provides the foundation for understanding the frameworks used to develop market risk management strategies. You will identify the market risks associated with each type of financial instrument. You will be introduced to techniques for estimating the risk associated with each class of investments. By the end of the course, you will be able to select the most effective derivatives for managing risk of a single asset and a portfolio of assets, develop asset selection strategies for...

2. Portfolio Selection and Risk Management

coursera

When an investor is faced with a portfolio choice problem, the number of possible assets and the various combinations and proportions in which each can be held can seem overwhelming. In this course, you’ll learn the basic principles underlying optimal portfolio construction, diversification, and risk management. You’ll start by acquiring the tools to characterize an investor’s risk and return trade-off. You will next analyze how a portfolio choice problem can be structured and learn how to...

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. Fixed Income Analytics: Pricing and Risk Management

udemy
4.4
(327)

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

5. Portfolio and Risk Management

coursera

In this course, you will gain an understanding of the theory underlying optimal portfolio construction, the different ways portfolios are actually built in practice and how to measure and manage the risk of such portfolios. You will start by studying how imperfect correlation between assets leads to diversified and optimal portfolios as well as the consequences in terms of asset pricing. Then, you will learn how to shape an investor's profile and build an adequate portfolio by combining...

6. Investment and Portfolio Management

coursera

In this four-course Specialization, you’ll learn the essential skills of portfolio management and personal investing.\n\nAll investors – from the largest wealth funds to the smallest individual investors – share common issues in investing: how to meet their liabilities, how to decide where to invest, and how much risk to take on. In this Specialization, you will learn how to think about, discuss, and formulate solutions to these investment questions. You will learn the theory and the real-world...

7. Investment Analysis & Portfolio Management with Python

udemy
4.4
(340)

Financial Analysis Done Right - Rigorously Analyse Investments & Manage Portfolios using Python for Finance / Investing...

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

udemy
4.3
(277)

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

9. Investment Analysis & Portfolio Management - Core Finance

udemy
4.5
(3,228)

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

10. Understanding Yield Curve Dynamics and Market Applications

udemy
4.5
(475)

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

11. 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...

12. Level 1 CFA® Exam Prep Bootcamp (Part 2/2)

udemy
4.6
(1,021)

Level 1 CFA® Bootcamp: Financial Reporting, Portfolio Management, Equity Investments, Fixed Income, Derivatives...

13. 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...

14. Practical Project Portfolio Management

udemy
4.4
(796)

Selecting & Managing The Right Projects...

15. Introduction to Capital Markets

udemy
4.5
(862)

Equities, Fixed Income and Derivative market...

16. Project Portfolio Management (PPM) Essentials

udemy
4.2
(283)

Assurance and confidence through portfolio intelligence...

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

udemy
4.5
(994)

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

18. 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...

19. Financial Statements: Balance Sheet, Income Stmt, Cash Flow

udemy
4.5
(574)

How To Quickly Read & Understand The Big 3 Financial Statements: Balance Sheet, Income Statement, Cash Flow Statement...

20. Intro to Analyzing Rental Income Properties

udemy
4.5
(1,803)

Learn the fundamentals of investment analysis specifically for rental income property investments...

Top 10 most affordable universities for fixed income portfolio managers

The most affordable schools for fixed income portfolio managers are Baruch College of the City University of New York, suny farmingdale, and university of florida.

If the best universities for fixed income portfolio managers 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 fixed income portfolio managers.

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 fixed income portfolio managers

The hardest universities for fixed income portfolio managers to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for fixed income portfolio managers 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 fixed income portfolio managers 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 fixed income portfolio managers

The easiest schools for fixed income portfolio managers 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 fixed income portfolio manager 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 fixed income portfolio managers.

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 fixed income portfolio manager salary by education level

Fixed income portfolio managers with a Doctorate degree earn more than those without, at $180,362 annually. With a Master's degree, fixed income portfolio managers earn a median annual income of $165,779 compared to $131,710 for fixed income portfolio managers with an Bachelor's degree.
Fixed income portfolio manager education levelFixed income portfolio manager salary
Master's Degree$165,779
High School Diploma or Less$91,448
Bachelor's Degree$131,710
Doctorate Degree$180,362
Some College/ Associate Degree$91,428

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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.

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