The investment manager, also known as Fund Manager and Asset Manager; is the one who manages investor finance and focuses on yielding future benefits for the investor. Investment manager seeks to grow their client’s money so that they can achieve their goals and aspirations and helps in offering a comfortable future.
He works for big organizations like bank, trust or a life insurance company. Investment managers manage investment portfolios and operate under the government’s securities legislation. He provides information and financial advice to people who work in the corporate sector or to individual clients as well. The investment manager has to gather information about various investment portfolios. He has to keep his knowledge up to date about the Indian economy and needs to be well versed with the financial news and financial sector. They analyze the client’s financial situation; recommend the best method of raising funds, structures transactions, makes client presentations etc to accomplish the desired goal.
Investment Manager Eligibility
Educational Qualification
The minimum educational qualification requirement for Investment Manager is Bachelor degree course in commerce, economics or finance from a recognized institute/university. However, MBA (Investment Management) is the desired qualification to become a successful Investment Manager.
Age limit
There is no restriction with regard to the age of the candidate if he or she wants to be an Investment Manager.
Investment Manager Required Skills
- The investment manager should be capable of performing calculations and making earnings projections, so they need to have strong mathematical skills.
- The investment manager should have excellent communication skills- both written and oral.
- They should have innovative strategic planning skills in order to achieve the objective of the company.
- For being an investment manager one need to be confident, determined and self-motivated.
- The investment manager should have the ability to work effectively under pressure.
- He should have a keen interest in and understanding of financial markets.
How to become an Investment Manager?
To become an Investment Manager the aspiring candidates have to follow the following given steps:
Step 1
After passing 12th class preferably in Commerce or related stream, the candidate needs to attain a bachelor degree in the related field or commerce stream. Aspiring Investment Manager can also go for some diploma courses in Investment Management like Diploma in Investment Management and Diploma in Investment Analysis and Portfolio Management.
Step 2
After obtaining bachelor degree or Diploma in the relevant field aspiring candidate can join any management firm as a Trainee Investment Manager or can go for Master’s degree like M.B.A. (Investment Management); although a master's degree is not mandatory but can help one advance in this competitive career. To get admission in MBA course of some reputed Management institute like IIM’s the aspiring candidate may have to clear entrance exam like CAT.
Other Educational qualifications that can help one to become an Investment Manager are:
- Master Degrees Program
- Master of Business Administration: Finance
- Master of Business Administration: Accounting
- Master - Accounting: Corporate Accounting
- Master - Accounting: International Accounting
- Master of Business Administration: Management
- Bachelor Degrees Program
- Bachelor of Financial and Investment Analysis
- Bachelor of Business Administration: Finance
- Associate Programs
- Associate in Accounting
- Associate in Business Administration
- Diploma Programs
- Diploma in Investment Analysis and Portfolio Management
Investment Manager Job Description
The investment manager has to consult with clients to develop investment objectives, provides advice and guidance to customers. He has to manage bonds and equity portfolios to maximize investment returns commensurate with an acceptable level of risk.
They buy shares and bonds on behalf of their clients, and invest in property and other things, in an attempt to make as much money for their client as possible. He has to make crucial financial decisions for the company. Investment manager scrutinizes the companies and projects in which they invest on behalf of clients, and that investment helps those companies and projects finance jobs and growth.
They constantly keep a check on the returns availed by their customers on each investment so as to know whether their clients are satisfied or not. If their clients are not satisfied, then they plan and strategize the ways by which they can meet the expectations of their clients. Their duty is to provide safety of funds to their clients.
Investment Manager Career Prospects
Investment Manager has a bright career in the near future; as there are so many job opportunities in this field. This sector has grown 14% more in terms of jobs in the past few years. In India, the demand for investment manager is increasing day by day.
Investment Manager Salary
Investment Managers works in a comfortable work environment and are given many benefits as part of their salary packages. The pay scale of Investment Manager ranges between Rs.30, 000/-. To Rs.40, 000/-. Per month. An efficient and experienced Investment Manager can even get Rs.1,00,000/-. To Rs.2,00,000/-. Per month in India. This profession could lead you to earn millions.
