Fund Administrators: How to Become One
If you were to ask a group of fund administrators about how they arrived at their current job, there's a good chance you would get several different answers about the paths and steps that each person took.
That said, there are still ways that you can develop a baseline understanding of the preparation that is necessary to become one.
The Best Adult Colleges and Careers Guide has gathered data to provide you with insight into the type of education that's commonly required for fund administrators to land a job. This page contains information, sourced from real job postings, that describes the experience levels and specific skills that employers of fund administrators expect candidates to have. In the end, this information will help you create an education or professional development plan that aligns with your career aspirations.
Keep reading to learn more about career steps for fund administrators.
What Education & Experience is Needed for Fund Administrators?
Do fund administrators need a degree? What kind of experience do fund administrators typically need? Thanks to data sourced from Lightcast™ from real job postings, we can get some clarity on those questions, as well as the level of education that is commonly required for fund administrators to secure jobs.
Education Level Required in Job Postings for Fund Administrators
Jobs Postings for Fund Administrators By Education
- Bachelor's degree: 508 (36%)
- No Education Listed: 372 (27%)
- Master's degree: 361 (26%)
- Ph.D. or professional degree: 102 (7%)
- High School or GED: 51 (4%)
A bachelor's degree is the level of education sought the most by employers of fund administrators. According to job data, a bachelor's degree was required for 36% of positions. In 27% of job listings no education level was listed and in 26% of postings a master's degree was required.
Experience Level Required in Job Postings for Fund Administrators
Jobs Postings for Fund Administrators By Experience
- 0-1 Years: 71 (13%)
- 2-3 Years: 112 (21%)
- 4-6 Years: 118 (22%)
- 7-9 Years: 67 (13%)
- 10+ Years: 162 (31%)
While the amount of required experience will vary based on the responsibility and seniority of the position, an aggregate view of job posting data can help paint a picture of the experience level sought for most job openings for fund administrators. In 31% of job postings for Fund Administrators, employers were looking for candidates with 10+ years of experience. In 22% of listings employers were looking for candidates with 4-6 years of experience, while 2-3 years of experience was sought in 21% of job postings for fund administrators.
What Kind of Degree Do Fund Administrators Need?
So far this page has provided detail into the level of education and the amount of experience required in job openings for fund administrators, but what type of education or degree will help prepare you for a career in the field?
According to occupational data obtained through Lightcast,™ there are 24 key academic programs that can help prepare prospective fund administrators, and in 2021 a total of 87,713 of those programs were completed at institutions in the United States.
Check out the information below to learn more about the specific programs that should be considered by prospective fund administrators.
Top Degree Programs for Fund Administrators
Top 5 Degree Programs for Fund Administrators (2021)
| Program | Completions |
|---|---|
| Sociology, General. | 38,336 |
| Social Sciences, General. | 18,699 |
| Criminology. | 10,904 |
| International/Globalization Studies. | 7,362 |
| Women's Studies. | 2,868 |
| Program | Completions |
|---|---|
| Sociology, General. | 38,336 |
| Social Sciences, General. | 18,699 |
| Criminology. | 10,904 |
| International/Globalization Studies. | 7,362 |
| Women's Studies. | 2,868 |
| Ethnic, Cultural Minority, Gender, and Group Studies, Other. | 2,142 |
| Urban Studies/Affairs. | 1,507 |
| African-American/Black Studies. | 1,196 |
| Hispanic-American, Puerto Rican, and Mexican-American/Chicano Studies. | 883 |
| Ethnic Studies. | 673 |
| Sociology and Anthropology. | 541 |
| American Indian/Native American Studies. | 527 |
| Intercultural/Multicultural and Diversity Studies. | 482 |
| Disability Studies. | 348 |
| Deaf Studies. | 297 |
| Medical/Health Humanities. | 281 |
| Research Methodology and Quantitative Methods. | 235 |
| Asian-American Studies. | 139 |
| Gay/Lesbian Studies. | 85 |
| Demography and Population Studies. | 77 |
| Applied/Public Sociology. | 49 |
| Folklore Studies. | 44 |
| Rural Sociology. | 32 |
| Applied Demography. | 6 |
Top Online College For Working Adults
Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 50 affordable bachelor's, master's, and doctoral programs — all available 100% online.
Degree Options for Fund Administrators
Identify opportunities to improve the quality of life for people with a customizable major intended to help you achieve your career goals.
- Class Type: 100% online
- Cost Per Credit: $398
What Skills Do Fund Administrators Need?
Education and experience have been covered, so what are the specific skills and traits needed by fund administrators to secure a job?
A good way to understand this is to examine actual job postings for skills commonly sought by employers. Continue reading for a breakdown of specialized skills found in job postings for fund administrators, as well as common skills that can help you thrive in the workplace.
In-Demand Skills for Today's Fund Administrators
Based on 1,056 job postings
Top 5 Specialized Skills for Fund Administrators
| Skills | Postings | % of Total Postings |
|---|---|---|
| Project Management | 137 | 13% |
| Finance | 133 | 13% |
| Accounting | 109 | 10% |
| Human Services | 109 | 10% |
| Regulatory Compliance | 109 | 10% |
Top 5 Common Skills for Fund Administrators
| Skills | Postings | % of Total Postings |
|---|---|---|
| Management | 429 | 41% |
| Communications | 345 | 33% |
| Leadership | 329 | 31% |
| Research | 296 | 28% |
| Writing | 289 | 27% |
Based on 1,056 job postings related to fund administrators, project management was the top specialized skill sought by employers, with 13% of all postings looking for that skillset. Skills for finance, accounting, human services, regulatory compliance and bidding were also highly sought.
As for common skills, management was the most desired skill found in job postings for fund administrators, followed by communications, leadership, research, writing and operations.
| Skill | Postings | % of Total Postings |
|---|---|---|
| Project Management | 137 | 13% |
| Finance | 133 | 13% |
| Accounting | 109 | 10% |
| Human Services | 109 | 10% |
| Regulatory Compliance | 109 | 10% |
| Bidding | 92 | 9% |
| Management Consulting | 91 | 9% |
| Performance Analysis | 87 | 8% |
| Auditing | 83 | 8% |
| Marketing | 81 | 8% |
| Data Analysis | 55 | 5% |
| Financial Statements | 50 | 5% |
| Behavioral Health | 46 | 4% |
| Psychology | 46 | 4% |
| Billing | 39 | 4% |
| Economics | 39 | 4% |
| Data Collection | 38 | 4% |
| Process Improvement | 37 | 4% |
| Procurement | 35 | 3% |
| Data Entry | 34 | 3% |
| Skill | Postings | % of Total Postings |
|---|---|---|
| Management | 429 | 41% |
| Communications | 345 | 33% |
| Leadership | 329 | 31% |
| Research | 296 | 28% |
| Writing | 289 | 27% |
| Operations | 218 | 21% |
| Planning | 209 | 20% |
| Interpersonal Communications | 203 | 19% |
| Mentorship | 162 | 15% |
| Decision Making | 156 | 15% |
| Strategic Planning | 153 | 14% |
| Self-Motivation | 135 | 13% |
| Problem Solving | 128 | 12% |
| Coordinating | 127 | 12% |
| Customer Service | 124 | 12% |
| Microsoft Office | 121 | 11% |
| Detail Oriented | 117 | 11% |
| Presentations | 107 | 10% |
| Microsoft Excel | 104 | 10% |
| Enthusiasm | 100 | 9% |
Additional Links
Ready to dig deeper into career information about fund administrators? Visit our other pages focused on salary and education for fund administrators.
What do fund administrators do?
How much do fund administrators make?
All Occupations
The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.