I've been trading and running money for about 7 years but I dont have my bachelors degree. I know when you raise money your whole back ground is checked along with your trading record and I fell like no one would trust someone without a bachelors (at least) with there money. I'm currently in school to finish my degree but it actually cuts into my trading research. It sucks doing something strictly for credentials but I feel its necessary. How Important do you think a degree iswhen raising money? I havent raised money yet but plan to in the future.
How important is a degree when trying to raise money?
- Thread starter mags29464
- Start date
It's not important at all, other than it builds connections for the future, if done right.
If you have a track record of making money, nobody cares about your educational background.
When a wealthy investor is making a decision for his money, you might be right. When allocators at family offices and fund of funds or another entity that has to do due diligence for others, and is looking at you and your program, they absolutely care about Everything, including your education.
+1 for reality
college is not worth the debt.
(and this is coming from an NU grad)
I think part of the answer is why dont you have a degree ? I've got a BS and MBA; and in most circles would qualify as a "wealthy investor". When i come across people who studied for a few years but didnt complete a degree, it automatically leads to an assumption that they done have the discipline or ability to stick through things and fight through adversity.
So, when i see it in someone looking for my money, i worry that they've achieved a lot when times are good, but probably will panic and run when things are bad - and i need them most. Just one opinion.
So, when i see it in someone looking for my money, i worry that they've achieved a lot when times are good, but probably will panic and run when things are bad - and i need them most. Just one opinion.