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Martin Ballegaard started their career as a Student Assistant at Schantz A/S in 2014 before moving on to a position as a Student Assistant at Danske Bank in 2015. Martin then joined FIH Partners in 2016, where they progressed from Analyst to Vice President, with roles including Associate and Senior Associate in between.

Martin Ballegaard completed an exchange program at Heritage Hills High School in 2008-2009. Martin then attended Slagelse Gymnasium from 2009 to 2012, where they studied Mathematics, Physics, and Chemistry. Martin continued their education at Copenhagen Business School, earning a Bachelor of Science in Business Administration and Mathematical Business Economics in 2016. Martin furthered their studies at the same institution, obtaining a Master of Science in Business Administration and Mathematical Business Economics in 2018. Additionally, they participated in an exchange semester at Universidad de Chile in 2015, focusing on International Business and Applied Econometrics.