a) A Venture Capitalist is a professional investor. Venture Capitalist’s provide funding for new and growing businesses and can even provide senior level management to move the company or businesses even further. Most of the time a venture capitalist works for a firm and manages a fund and is looking for suitable investments for that fund. b) To become a venture capitalist you would have to have much knowledge and experience within the business field, so you would most likely have to go to university, to study within the business field, more specifically, Business administration
Employers do looks for the quality of your education. The best business school in Canada is at the University of Toronto which is a joint program with the Rotman School of commerce. For example to get into that program, you would have to have a really high average. The competitive average to get into that program is in the high 80’s and low 90’s. The pre-requisite courses for that program are Grade 12 University English and Calculus and Vectors.
To get a bachelor’s degree in business administration is 4 years, and if you want to get a masters degree you would have to have a minimum of 3 years of work experience and then again apply for the master’s degree program which is 1 year.
Still using the University of Toronto as an example, the overall cost for the bachelors degree program is 11 000 dollars, annually.
c) 3 specialized skills are
-Financial skills, since you are handling hundreds of thousands of dollars, and in some cases even millions of dollars.
-You need people skills since you are put 1 on 1 with the customer
-and leadership skills since you could be offered the chance of position of senior level management in another company, one that you invested in
d) Typically for most venture capitalists, the starting wage is $60 000 which could lead up to $100 000. But in some cases, if you’re lucky you can even make millions, or for example