Reasons Why Investment Management is a Great Career for You - AnalystPrep (2024)

You should consider a career in investment management if you are passionate about helping individuals earn interest in investments, business acquisitions, or risk analysis. A career in investment management will give you plenty of opportunities, unlike what you see in films, job opportunities are not only high-pressure trading rooms and pin-striped suits. Let us explore reasons why a career in investment management is an excellent option for you.

1. A career in investment management is interesting

Investment managers work with different investors and offer advice on how to invest their money. Therefore you have the opportunity to work with various people and businesses and meet other people and companies. As an investment manager, you work as a detective to search for investment opportunities and match them to clients. You will need to research and develop new investment strategies to gain maximum revenue for your clients. Additionally, you will not be bored because you should keep up with changing investment markets and the effects of global events, weather changes, among others, on investments.

2. The investment industry is growing

The financial industry is growing due to an increase in various financial products and services. Consequently, there is an increased need for investment managers and increasing employment opportunities in the following decades. Therefore, you have a better job outlook than other careers. However, you will need to stand out because of the high completion and proper education; you should get a good entry-level position.

3. Investment management allows you to be creative and innovative

There is a common perception that investment management constitutes crunching numbers all the time. However, although you will work with numbers as an investment manager, you will focus on investment portfolios. You will manage diverse portfolios tailored to suit the needs, goals, and level of risk the client is comfortable with. Consequently, you should be creative and innovate personalized solutions that cater to each client. If you choose investment management as a career, you will challenge yourself to creatively search for solutions that offer the greatest reward for your clients.

4. You have various career options

A career in investment management is not limited to trade markets. You can choose to work as a financial analyst, private equity, hedge fund manager, risk manager, stockbroker, risk manager, risk analyst, portfolio manager, and more. Consequently, you can work in insurance companies, brokerage firms, investment banks, and credit unions. In addition, you can work with individual investors or businesses. Investment managers can work with internationally known financial institutions like Citigroup, JP Morgan Chase, and Merrill Lynch. An alternative career path is to work as a private consultant if you have enough experience from previous employment, are dedicated, and hardworking.

5. Investment management careers pay well

Positions in investment management offer some of the highest remunerations compared to other positions in the finance industry. Additionally, if you are talented, hardworking, and ambitious, you have an opportunity to grow your salary quickly. For example, Glassdoor estimates the annual salaries for investment managers to be between $70,000 and $200,000.

6. A career in investment management is fulfilling

Investment managers get a sense of fulfillment from clients by solving problems through innovation and creativity. You will get joy from knowing that your recommendations helped your clients earn revenue through your research and hard work. On the other hand, even if you get it wrong, you will learn a lesson, gain experience and become an expert in your field.

7. You do not need to spend more years in school

One advantage of pursuing a career in investment management is that you can get started if you have a bachelor of science degree in a business-related degree, for example, a BSc in business administration or finance. A great way to supplement your degree without going to graduate school is to earn an additional certification or charter. You can earn a chartered alternative investment analyst (CAIA) charter, financial risk manager (FRM) designation, or Chartered Financial Analyst (CFA) charter.

With a CFA designation, you will focus on understanding financial markets, analyzing various businesses, and advising companies and individuals to invest. CFA charter holders trade securities, and manage funds on behalf of their clients to earn revenue. As a result, achieving a CFA designation will help you become an investment analyst, fund manager, portfolio manager, and financial advisor.

FRM certification: this is the leading global certification for managers that is recognized globally. An FRM certification will give you an edge and help you stand out in an increasingly competitive financial industry. The certification will prove that your skills are up to international standards and connect you to a vast network of financial risk experts.

Start your journey to earning a CFA charter and FRM certification with Analystprep.com and enroll in our study packages. We provide instruction from our experts and supplemental study materials including, online study notes and video lessons, question banks, mock examinations, and customizable quizzes.

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