Spending money to make money, following the trail of green if this is your style, then a career in investment management is something you should look into. As an account manager, you'd be charged with managing boatloads of other people's money, figuring out which assets to invest in (ie. Stocks, bonds derivatives, etc.) and how to convert those assets into more and more money in a timely fashion. All manner of companies hire asset managers, from banks to mutual funds, as do extremely wealthy individuals. You will be expected to have a high level of market knowledge and savvy, as well as a killer instinct and excellent quantitative and analytical skills. Intense research will be required of you, and you must be well versed in investment theory, have plenty of market experience, and strike a bit of good luck every once in a while.
If you think you are interested in a career in asset management, make sure you take as many statistics and accounting classes as possible, because you're going to be responsible for tons of number crunching and you need to be able to handle all that math. If you've endured that and are still serious about a career in this sub industry, your best bet is to start with a job in sales, marketing or trading at an asset management firm, gain some experience, then get your MBA or CFA before making the switch. If you're able to beat out the heavy competition for a research or analyst position, do that for two years or so and then make the jump to account management. You're going to need the experience to gain the right combination of caution and confidence required to manage (lots of) other people's money. The market is shaky right now, but if you do manage to find and keep a job in asset management, you'll make a decent living and still have time for a life, as opposed to the common complaint of many investment bankers. Roles in account management include fund accountant, junior research analyst, economist, quantitative analyst, buy side research analyst, sell side research analyst, and portfolio manager. Salaries range on average from $35,000 to $200,000 and in some cases even $1 million plus.
If you think you are interested in a career in asset management, make sure you take as many statistics and accounting classes as possible, because you're going to be responsible for tons of number crunching and you need to be able to handle all that math. If you've endured that and are still serious about a career in this sub industry, your best bet is to start with a job in sales, marketing or trading at an asset management firm, gain some experience, then get your MBA or CFA before making the switch. If you're able to beat out the heavy competition for a research or analyst position, do that for two years or so and then make the jump to account management. You're going to need the experience to gain the right combination of caution and confidence required to manage (lots of) other people's money. The market is shaky right now, but if you do manage to find and keep a job in asset management, you'll make a decent living and still have time for a life, as opposed to the common complaint of many investment bankers. Roles in account management include fund accountant, junior research analyst, economist, quantitative analyst, buy side research analyst, sell side research analyst, and portfolio manager. Salaries range on average from $35,000 to $200,000 and in some cases even $1 million plus.
