Parents based in continental Europe who want their children to have a career in finance had better send them across the English Channel, data has shown.
Some 64.5% of professionals working in a global selection of more than 4,500 asset management firms completed their tertiary education in the UK, eVestment has revealed.
Alumni from Oxford, Cambridge, and the London School of Economics (LSE) led the way with Edinburgh, Bristol, and Durham lagging slightly behind.
Just nine universities in the top 25 were located in
continental Europe, with Universit
Paris-Dauphine featuring at the top of this
pack at position number seven.
Those betting on living in an independent Scotland may be cheered that four of their major universities found themselves in the top ranking: Edinburgh, St Andrews, Strathclyde, and Heriot-Watt.
Trinity College and University College Dublin also featured in the list.
After the UK, France had the most representatives in the global asset management sector, with 9.3% of the group, while Switzerland and Germany were not far behind with 7.8% and 7.3% respectively.
However, parents should be aware that certain universities take charge in the range of careers possible in finance.
Most portfolio managers and analysts were schooled at Oxford—closely followed by Cambridge—while the LSE and Oxford tied for the number of economists and strategists at work in the sector.
Double the number of investor relations and marketing practitioners attended the University of Edinburgh than the next nearest rivals Cambridge and Oxford.
One positive note for parents concerned about fees to attend these prestigious institutions and attain strings of letters after their names: the vast majority of workers—38.2%—left university with just a bachelor’s degree.
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