Asset Manager Career

Career Description:

Asset management is a very important part of doing a business.  Finding ways to increase profit and revenue is a very crucial in running a business.  The management of financial assets of various organizations is handled by an asset manager.  The asset manager plays a big part in property and equipment acquisition.  He is the person to manage the asset programs with regards to its implementation and negotiation.  It is his duty to analyze and review contracts and proposals before acquiring assets.

He bases his decisions on the careful evaluation of the needs of the organization.  He makes sure that the organization’s investments are profitable and will maximize revenue as well.  The asset manager supervises and trains his team. He makes sure that their specific duties are done efficiently and effectively.  Asset management requires one to be excellent in leadership, communication, negotiation and analysis. Formal education and experience are needed.

How to become an Asset Manager

To become an asset manager, one has to earn a bachelor’s degree in business, finance, accounting or other business-related field. Pursuing higher studies to earn a master’s degree will further equip one with the knowledge and skills required for this type of career. Be aware of the trends in the stock market to be able to properly assess and recommend specific investments. Continue to read materials on financial and business issues. Be updated with the latest business trends.

Asset Manager Courses, training, programs

A master’s degree in business will allow one to gain advanced skills and knowledge.  The degree program includes advanced topics on leadership, accounting, economics, finance, marketing, strategic management, operations management, global business, human resource management, project management, business law and ethics.

TOP 5 colleges/Universities

Stanford University, California

Harvard University, Massachusetts

Massachusetts Institute of Technology-Sloan, Massachusetts

University of Pennsylvania-Wharton, Pennsylvania

Northwestern University-Kellogg, Illinois

Asset Manager Jobs, opportunities, salaries/pay

An asset manager has the opportunity to earn $80,000 per year depending on the industry, location and years of experience. He can secure employment in various industries or organizations.  He can work in private corporations, retail companies, financial institutions, and real estate firms.

Category: Management Careers

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