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Funds development director education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a funds development director. Funds development directors usually study business, communication, or marketing. 76% of funds development directors hold a bachelor's degree, and 15% hold an master's degree. We analyzed 850 real funds development director resumes to see exactly what funds development director education sections show.

The most common colleges for funds development directors are the University of North Carolina at Chapel Hill and the University of North Carolina at Chapel Hill.

There are also many online funds development director courses to help get the education required to be a funds development director.

What education do you need to become a funds development director?

What degree do you need to be a funds development director?

The most common degree for funds development directors is bachelor's degree, with 76% of funds development directors earning that degree. The second and third most common degree levels are master's degree degree at 15% and master's degree degree at 5%.
  • Bachelor's, 76%
  • Master's, 15%
  • Associate, 5%
  • Doctorate, 2%
  • Other Degrees, 2%

What should I major in to become a funds development director?

You should major in business to become a funds development director. 25% of funds development directors major in business. Other common majors for a funds development director include communication and marketing.

Most common colleges for funds development directors

Funds development directors often get their degrees at University of North Carolina at Chapel Hill, Indiana University Bloomington, and New York University. Here are the most common colleges for funds development directors in the US based on their resumes.
Funds development director common collegePercentages
University of North Carolina at Chapel Hill8.49%
Indiana University Bloomington6.60%
New York University5.66%
Michigan State University5.66%
California State University - San Bernardino5.66%

Best majors for funds development directors

RankMajorPercentages
1Business25.1%
2Communication10.2%
3Marketing7.2%
4Political Science7.0%
5Finance6.4%

Best colleges for funds development directors

The best colleges for funds development directors are Northwestern University, University of Pennsylvania, and Stanford University.

A funds development director with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for funds development directors. 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 funds development directors.

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. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

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 funds development directors

Advertising disclosure

1. BMC and Start-up Funding for Early-Stage Start-ups

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By the end of this 1-hour 40-minutes project, you will be able to learn how to create a Business Model Canvas for your start-up idea. Additionally, you will be able to calculate how much money your start-up needs as an investment. Along the way you will learn some basic Google Sheets skills that are needed to help you in your start-up financial analysis. This guided project is for beginners in the field of entrepreneurship, especially the ones who have not a business academic background . It...

2. Finance for Technical Managers

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In Finance for Technical Managers, you will explore the fundamental principles of financial management. Topics include understanding and interpreting a company’s financial statements, the time value of money and its role in evaluating the economic viability of different projects, and the annual capital budgeting process every company performs when selecting which projects to fund. In addition, you will cover some highly practical topics, such as how to determine product costs, establishing a...

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Learn How To Trade Mean-Reversion Setups And Properly Leverage Your Account For Big Returns...

4. Investment Funds in Canada (IFC /IFIC) Tutorials

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The IFC certification from CSI prepares you to advise clients about their mutual funds investments...

5. Investment and Portfolio Management

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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...

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Succeed as a Stock Picker or Financial Analyst by an Award Winning MBA Prof., worked @ Goldman, Hedge Funds & in VC...

7. IFIC Investment Funds in Canada Exam Preparation

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4.4
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Pass the IFIC or IFC exam in the smart way!...

8. FTMO Master Class: Get Funded with Forex Prop Trading Firms

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Forex Trading: Get Funded Quickly - Forex Robot for FTMO - Trading Strategies - Great Forex Indicator & Money Management...

9. Complete Investing Course (Stocks, ETFs, Index/Mutual Funds)

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11. Cryptocurrency Investment Course 2023: Fund your Retirement!

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Complete A-Z Guide to Crypto, Bitcoin, Blockchain, Ethereum, Altcoins, Metaverse, NFT & De Fi coins for your retirement!...

12. What Finance Job is for You? Explanation of 14 Finance Roles

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13. Selling Sponsorships for Meetings, Events & Nonprofits

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Learn from a 20-year sponsorship expert how to build & sell a campaign that attracts sponsors & maximizes your revenue!...

14. Build Financial Models & Value Companies The Easy Way

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I am an award winning finance professor with work experience modeling companies @Goldman Sachs, hedge fund Citadel & VC...

15. Governmental Accounting 100

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Fund accounting-governmental accounting-General Fund & government-wide activity transactions-modified accrual method...

16. Ethereum: Decentralized Application Design & Development

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Develop a full DAPP ICO Setup Private network in next 2 weeks using Web3J, Truffle V4, Meta Mask, Ganache, Solidity ++...

17. How to Throw Events and Attract Corporate Sponsors

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48 Industry Secrets that Make You More Money and Get More People to Your Events...

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

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19. Grant Writing: Keys to a Successful Proposal

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20. Financial Modeling for Corporates

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Learn Financial Modeling for corporate strategy, banking, FP & A, equity analysis & get a world class financial model...

Top 10 most affordable universities for funds development directors

The most affordable schools for funds development directors are Baruch College of the City University of New York, suny farmingdale, and usf sarasota-manatee.

If the best universities for funds development directors 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 funds development directors.

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. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

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 - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

6. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

7. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

8. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

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 funds development directors

The hardest universities for funds development directors to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for funds development directors 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 funds development directors 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. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

5. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

6. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

7. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

8. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

9. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

10. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

Top 10 easy-to-apply-to universities for funds development directors

The easiest schools for funds development directors to get into are Oklahoma Wesleyan University, holy names university, and barry university.

Some schools are much easier to get into. If you want to start your career as a funds development director 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 funds development directors.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

6. La Roche College

Pittsburgh, PA • Private

Admissions rate

99%

SAT average

1,008

7. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

8. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

9. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

10. LIM College

New York, NY • Private

Admissions rate

83%

SAT average

1,061

Average funds development director salary by education level

According to our data, funds development directors with a Master's degree earn the highest average salary, at $115,215 annually. Funds development directors with a Bachelor's degree earn an average annual salary of $98,652.
Funds development director education levelFunds development director salary
Master's Degree$115,215
Bachelor's Degree$98,652

Funds development director education FAQs

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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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