Introduction

The CFA's Women in Investment Management initicative was created to increase the number of women who join the profession and earn the CFA® charter.

Now, more than ever, the world needs more women in finance.

Are you an analytical thinker and a natural problem solver? A math whiz that loves numbers and solving puzzles? What about a lifelong learner and global thinker with endless curiosity, and an interest in business, finance, and the economy?

If you answered yes, then working in the investment management field may be your path to a successful and fulfilling career.

You can change the face of finance.

What is Investment Management?

Investment management is the professional management of stocks, bonds, and other holdings within an investment portfolio, and the trading of them to achieve a specific investment objective. Investment management is also known as money management, portfolio management, or wealth management. Management includes devising a short or long-term strategy for acquiring and disposing of porfolio holdings.

A career in finance is a combination of art and science: the art of behavioural finance —the emotion driving investor decisions— mixed with the science of numberical analysis.

Women represent only 18% of the investment management profession, a percentage that plunges to single digits when it comes to women holding positions in senior management. Women also represent less than one in five CFA® charterholders. Along with increasing the number of women holding CFA designations, the goal of the Women in Investment Management initiative is to retain women in the profession and influnce culture from within and create demand for diversity as an industry imperative.

Why is Gender Diversity Essential?

Studies show that when companies commit to diversity among employees and leadership, they are more successful.

Unlike other professional fields such as law, academia, and medicine, finance has not kept pace when it comes to balancing gender equality. The investment management industry continues to be dominated by men, and globally women remain underrepresented in the profession.

Bringng greater gender diversity to the financial management industry is good for business. Diversity attracts talent and improved customer focus, employee satisfaction, and decision-making, leading to greater success. Research by global consulting firm McKinsey & Company shows that organizations in the top 25% for gender, racial, and ethnic diversity have financial returns above the national industry. Also, the study revealed that diversity is undoubtedly a competitive differentiator that shifts market share toward more diverse companies over time and that this diversity drives business.

Learn more about why women should pursue a career in finance.