Do you feel like you’re good with money?
If so, you can likely turn that skill into a full-time job. To become an investment manager, you’ll have to acquire certain degrees and qualify for certain licenses.
These requirements are in place because other people have to be able to trust you if you’re going to manage their money. Investment management positions have a high barrier to entry, but those that do go through the requirements can make plenty of money. Whether you’re managing retirement portfolios or individual investment accounts, you’ll have to complete certain tests and obtain certain degrees.
In the article below, you’ll find a list of steps that you’ll need to take if you’re interested in becoming an investment portfolio manager. Read on to see if you have what it takes.
Becoming an Investment Manager Requires a Bachelor’s Degree
If you already have a Bachelor’s Degree in an investment manager-related field, you’re all set. If not, you may want to look into getting a 4-year degree in economics, accounting, or business. These degrees will set you up for your next step.
After you’ve acquired your Bachelor’s Degree, you’ll be prepared to either get an entry-level job as an investment analyst or move on to get a Master of Business Administration (MBA) degree.
Consider Getting Your Masters of Business Administration
While getting an MBA isn’t essential to become an investment manager, it is a great way to increase your salary. According to data from Salary.com, an investment fund manager with an MBA can expect to make more money than those without an MBA.
You can choose to go straight into an MBA program after getting your Bachelor’s Degree, or you can go into the workforce for a bit before pursuing an MBA. Many business schools will offer MBA programs as part-time programs or as night school programs so you can continue working while you pursue your MBA.
Find a Way to Become a Chartered Financial Analyst
Another way to boost your skills in the eyes of potential investment management business employers is to become a chartered financial analyst (CFA). To get your CFA, you’ll first have to obtain your four-year Bachelor’s Degree.
Next, you’ll have to complete four years of experience as an employee in the financial industry. Finally, you’ll be ready to complete the assessments required by the CFA Institute so you can become a revenue manager.
You Have All You Need to Become an Investment Manager
It’s a long process to becoming an investment manager, but the payoff is well worth it. Investment managers enjoy high salaries and plenty of job security.
As long as you’re able to help people grow their portfolios, you can find work as an investment manager. If you’re interested in learning more about job opportunities and requirements for different careers, stay tuned to the latest articles posted on our site!
