Portfolio Manager

9

EARLY SALARY

1 - 2 L

SENIOR SALARY

8 - 10 L

ACADEMIC PRESSURE

Medium

JOB PRESSURE

High

If you want to do highly analytical work and love the financial markets and the ever-changing world of current events, then a career as a portfolio manager isthere for you. Portfolio managers basically manage money across various asset classes like debt equity real estate on behalf of the clients, within the mandates given by them. She/he is required to generate returns which are better than the benchmark index over the period of time. It is extremely important for him/her to win the trust and confidence of the client to retain their money for long term.

A portfolio manager plays a pivotal role in deciding the best investment plan for an individual as per his income, age as well as ability to undertake risks. Investment is essential for every earning individual. One must keep aside some amount of his/her income for tough times. Unavoidable circumstances might arise anytime and one needs to have sufficient funds to overcome the same.

A portfolio manager is responsible for making an individual aware of the various investment tools available in the market and benefits associated with each plan. Make an individual realize why he actually needs to invest and which plan would be the best for him.
A portfolio manager is responsible for designing customized investment solutions for the clients. No two individuals can have the same financial needs. 

What do they do?

A long-term track record of performing benchmark index and making money for the client are the hallmark of a good portfolio manager. The ability to manage risk is essential.

Minimum qualification required is a bachelor’s degree in finance or economics. Courses in capital markets and interest rates, financialstatement analysis and portfolio management can be helpful. You can also get a master’s degree in business administration with a concentration in finance or economics.

Skills Needed

  • Ability to work for long hour
  • Excellent analyticalskills
  • Good observation skills

How do I get there?

Minimum qualification required is a bachelor’s degree in finance or economics. Courses in capital markets and interest rates, financialstatement analysis and portfolio management can be helpful. You can also get a master’s degree in business administration with a concentration in finance or economics.

Typical day in the life of a Portfolio Manager

As a portfolio manager, most of your time will be spent researching global and local macroeconomic data and trends. You will also have to meet with top officials of various companies to evaluate their credit or fundamental values and to build portfolios. 

Pros & Cons about this career

<p> High earning potential Can enter the profession with a bachelor&#39;s in a variety of majors (finance, accounting, economics, etc.) Opportunities for advancement to larger portfolio or fund management positions</p>
<p> Keen competition despite employment growth Requires years of financial analysis experience Stress involved with meeting strict deadlines and being responsible for vast amounts of money</p>

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