Launch your Asset Management career from Yale

The Master’s in Asset Management seeks early-career candidates with a strong interest in investment analysis and valuation, asset allocation, portfolio construction, performance measurement, and fiduciary ethics. We prepare students to work in a variety of financial management positions, from hedge funds to investment analysis to philanthropic portfolio management.

Your journey starts now.

Find your success

Our approach is rigorous and practical

In this quantitatively intense nine-month program, you’ll receive training in all aspects of asset management, including investment selection, asset allocation, portfolio management, and risk management.

The curriculum, developed by the late David Swensen, Yale’s former chief investments officer and the pioneer of the “Yale Model,” and Professor Tobias Moskowitz, a principal at AQR Capital Management, combines academic theory and practice to help students understand how best to allocate resources.

Engineering: With a strong quantitative background and excellent problem-solving skills, a background in engineering is helpful when facing complex investment challenges with a methodical and strategic approach.
Computer Science: Skilled programmers are valuable for developing tools and algorithms used in financial analysis, modeling and exploring new frontiers of technology, including AI to enhance investment strategies in asset management.
Applied Math: A deep understanding of how to apply math and statistics to real world problems is vital to navigating intricate financial models and designing innovative investment strategies. These are the types of skills that investment teams and research departments in AM firms look for.
Statistics: A background in statistics empowers you to turn large financial data sets into insightful, data-driven solutions when analyzing market sentiment and behavioral factors to predict market shifts. These insights drive portfolio success in the world of asset management.
Finance: Having a strong finance background allows you to navigate complex financial landscapes with your knowledge of asset allocation, risk management and performance measurement to help make informed investment decisions.
Economics: A deep understanding of macroeconomic trends, market dynamics, and monetary and fiscal policy is extremely valuable when assessing the impact of economic factors and making investment decisions.
Accounting: Accounting skills equip you with the financial expertise to value assets, analyze balance sheets, and assess the financial health of companies to help with identification of risk factors and make savvy investment decisions.
Data science: Being well versed in data analysis and manipulation allows you to craft sophisticated machine learning algorithms that use historical data to identify opportunities and risks, helping with portfolio optimization.
Social Sciences: When combined with an analytical skillset, a background in the social sciences enriches your approach to the asset management industry for insights into human behavior and market sentiment allowing you to gauge market psychology and create strong investment strategies.
International Studies: A background in international studies offers a global perspective and insight into geopolitical trends at work within the globalized financial markets to build well-rounded and diversified portfolios.

Meet your classmates

I’ve been fascinated by the investment management world since a summer internship in a long-only equities fund in Spain when I read When Genius Failed, a book about the rise and fall of Long-Term Capital Management. I was intrigued, started researching graduate programs in asset management, and found Yale SOM’s. I was immediately struck by the unique coursework, data applications, and quantitative rigor.

Alice Ervaz ’23

I believe in continuous learning, both professionally and personally. With the rapid pace of change in asset management, I was attracted to the asset management program because it offers structured exposure to cutting-edge approaches.

Michelle Shao ’23

The Asset Management program offered me an education with real-world applications in both quantitative and fundamental investing strategies. I’m passionate about markets and spend my spare time trying to understand the complex interrelationships between asset classes and current geopolitical news. This program is exactly what I was looking for.

Billy Taylor ’23

I worked in corporate derivatives at Morgan Stanley for three years and in investments at Rockefeller University for two years before coming to Yale SOM. The new Asset Management Program looked like a real opportunity to gain specialized knowledge, on top of a foundational economics degree.

Wesley Meyer ’22

I chose Yale SOM’s program because of David Swensen’s and Toby Moskowitz’s vision and their dedication to training future asset managers. This program is also unique in the way it puts a heavy emphasis on the fiduciary responsibilities of practitioners, which really appealed to me.

James Huang ’22

Learn from practicing investors

Learn from leading finance scholars and practicing investors at some of the world’s most successful institutions. Explore traditional investment models, alternative investing, quantitative approaches, and other developing technologies.

Attend the Colloquium

Attend the Asset Management Colloquium, which brings leading executives, investors, and practitioners to campus for candid discussions about the industry.

Speakers have included:

Xinchen Wang Director, Yale Investments Office
Mark Carhart Chief Investment Officer, Kepos Capital
Cliff Asness Founder, Managing Principal and Chief Investment Officer, AQR Capital Management

Connect to Yale University

Yale SOM is closely tied to the broader university both in its location and its curriculum. That means you have easy access to the splendors of the university's neogothic campus and the wealth of art museums, performance spaces, and libraries. Take classes, attend talks, and exchange ideas with students from around the world.