Asset Management Courses: Asset Management involves the management of financial assets of high net worth individuals and families through a series of counseling, guidance, and planning. This service of asset management is provided by financial service firms and banks. Asset management firms manage the investment money of their clients to achieve their financial objectives. The various facets of tax planning, insurance planning, retirement funds, and strategic investment for wealthy individuals require the knowledge of a professional asset manager who could efficiently guide them for their finances.
Asset Management courses are generally pursued as an additional qualification by finance management professionals to enhance their career prospects. There are various degree, diploma, and certificate courses available in asset management.
ABOUT THE COURSE
Asset Management course is a full-time professional degree program that gives finance professionals knowledge and training in wealth management. It trains the students in developing, maintaining, operating, and selling the assets belonging to an individual or a company efficiently and cost-effectively. The core focus of the course is financial planning, retirement planning, investment planning, financial accounting, and corporate finance.
What does an Asset Manager do?
The job of an asset manager is to access the assets of their client and guide them on how to manage and invest in them. They identify the risks associated with a particular investment; tell their client how the certain asset will perform on the market, and how to manage and grow their assets.
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Asset Management Courses: Eligibility
- Candidates with B.Com, MBA Finance, BBA, Master of Finance, B.Tech, B.Sc, MCA, and BA degree are also eligible to pursue a degree in Asset Management.
- For Certification/Diploma course: The aspiring candidate must have passed 10+2 (preferably Commerce stream) with a minimum of 50-55% marks from a recognized board.
List of Asset Management Courses
- Online Professional Certificate in Wealth Management from NYIF
- Chartered Financial Analyst Certification (CFA)
- Certified Private Wealth Advisor (CPWA)
- Chartered Wealth Management From AAFM
- Accredited Wealth Management Advisor, from College for Financial Planning
- Certified Wealth Consultant from The Heritage Institute
- Certified Wealth Preservation Planner from Wealth Preservation Institute
- MBA in Asset Management
- B.Com in Asset Management
SKILLS REQUIRED
- Analytical Skills
- Critical and Logical Thinking
- Trustworthiness
- Communication Skills
- Focus on Customer Service
ASSET MANAGEMENT COURSE SYLLABUS
- Fund Distribution
- Equity Market
- Insurance Products
- Fixed income money market
- Debt Management
- Risk Management
- Loan Management
- Banking Channels
- Banking Products
- Tax Planning
- Foreign Exchange
- Real Estate
- Mutual Funds
- Investment Vehicle
- Tax Laws
- Corporate Banking Products
- Legal Environment
- Client Evaluation Methods
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Best Asset Management Institutes in India
- Indian Institute of Management, Ahmedabad
- M.M Institute of Management, Haryana
- AIMS Institute of Management Studies, Pune
- Indian Institute of Management, Bangalore
- Venkateshwara Open University, Nagpur
- Indian School of Business, Hyderabad
- Indian Institute of Management, Kolkata
- Indian Institute of Management, Lucknow
- SVIIT, Chandigarh
- MIT, Pune
Asset Management Job Prospects
Asset Management in India is on a sustained path of growth. With increasing urbanization and more organized jobs, more and more individuals and families in India can generate a surplus income and like to channelize it into productive investments. Thus, this increases the demand of professionals who have the relevant expertise and experience in Asset Management and makes career prospects in Asset Management bright.
EMPLOYMENT AREAS
- Financial Institutes
- Asset Management Companies
- Consultancies
- Banks
- Investment Agencies
- Fund Management Firms
JOB PROFILE
- Market Research Analyst
- Debt dealer
- Private Equity Specialist
- Credit Analyst
- NAV Fund Accountant
- Portfolio manager
- Finance Advisor
- Relationship Manager
TOP RECRUITERS
- ICICI Securities Limited
- Bajaj Capital Ltd.
- Kotak Mahindra Bank
- BFC Capital
- Centrum
- ClientAlley
- Magnus Capital Services
Responsibilities of an Asset Manager:
- Maintain and develop new business relationships
- Give financial advice to the client after assessing their asset profile
- Maintain good communication with clients
- Help Companies to keep track of their assets
- Tax Advice
- Portfolio Management
- Estate Planning
- Business Planning
- Investment Advice
- Legal Advice
- Risk Management
- Asset Protection
Asset Management Courses: Frequently Asked Questions (FAQs)
- How much salary is offered to an Asset Manager?
The salary offered depends on the level of degree and experience that a person acquires. One can expect an average starting salary of up to INR 4 to 5 lakh INR per annum which will increase with increasing experience. However, there is a scope of good earning through commissions.
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- Is pursuing Asset Management courses a good career choice?
Yes, it is a good career choice as the asset management industry in India is on a high rise and offers great career opportunities with handsome salary packages.
- How can one become an Asset Manager in India?
After completion of graduation in any relevant field, one can opt for a certification course in asset management or MBA in Asset Management or any other PG Diploma in Asset Management courses. Then one can find a job in the asset management industry or can start their firm after gaining experience.