Investment managers make money by offering advice and matching investors with different types of investments. Managers can work with anyone from fashion designers to disaster victims. Investment managers must constantly find new ways and strategies to direct money, as global events, extreme weather conditions and human emotions can all have an impact on the direction of investments.
High-paying careers in investment management include:
A degree is required in business administration, finance, or investment management. A master's degree is sometimes required for some jobs. Certain designations, such as CFA or CIMA, are also helpful in this field.
It requires a bachelor’s degree
It is crucial that you carefully consider the type and level of education you will receive before deciding whether investing is right for your career. Your chances of getting a job at the top are higher if you have the right degree. You can choose to study math or physics. You may also be able to earn a chartered finance analyst certification, which can further enhance your career. Internships can also help you get a job as a full-time employee by giving you real-world experience.
It pays well
If you're interested in a job that pays well and requires you to keep abreast of current events, an investment career may be for you. They work long hours and are often involved in multiple projects. Top investment bankers can earn hundreds of millions each year.
It's an attractive career choice
Wall Street is still the best destination for graduates and students who want to work in the financial industry. There are many career options available. According to a recent Duke study, nearly 70% of Duke students would rather work in an investment banking role than trading. Prior to the financial crisis, this ratio was close to 50-50.
It's an excellent place to start.
It isn't easy to invest if you are interested. The career requires taking risks, distributing capital, and maximizing capital value over time. Those who are successful at it are rewarded for their efforts. There are many different ways to get started.
It's easy for anyone to get into it.
An investment career can be rewarding if your passion is managing money. The financial industry is stable, with many opportunities to advance. This job requires intelligence and a high education. However, it is also very lucrative.