Guide on Becoming an Investment Consultant


Investment consultant plays a significant role in making decisions, particularly asset management. Based on the study made by Greenwich Associate, more than 50% of the corporate funds are utilizing consultants. The case is a lot higher on foundations, which is around 63%, and public funds at a massive 75%. This simply means that a huge employment opportunity is waiting for you once you choose to become an investment professional.


How to Be an Investment Consultant



The role of the investment consultant is to help their client assess the risk related to their investment and assist them in planning their investment accordingly. They are responsible for monitoring a considerable amount of investment on a given timeframe to determine its progress and compare it with the goal of their clients. There’s an employment opportunity waiting for you in different industries if you choose to be an investment professional; you can work in insurance carriers, commodities brokerage, securities, credit agencies, and investment firms. Follow this step-by-step guide that will increase the likelihood that you will become an investment professional.


Complete a Bachelor’s Degree

 Investment Consultant

You need to earn an undergraduate degree to become an investment consultant. Some of the usual degree options would be a bachelor’s degree in accounting, economics, finance, and business. A finance degree will often incorporate courses related to international finance, investment, capital market, and financial institutions. On the other hand, economics is composed of subjects like labor economics, inflation, and employment. You may want to get an internship that will be a great addition to your resume. You will gain exceptional knowledge and skills by applying for an internship. There are different internship opportunities in securities firms, insurance companies, and banks.


Acquiring Employment Experience


Individuals who completed their bachelor’s degree can submit an application for an entry-level job in the field of finance. Employers are looking for solid qualities such as communication, writing, problem-solving, analysis, and math skills. While you are in your college years, you should build your contact that will help you land a job. Your years of work experience will increase the possibility of becoming an investment consultant.


Pass the Licensure Exam

 Investment Consultant

Most of the positions in the field of finance require licensure from FIRA. You should also try to get certifications; while these are not necessary, prospected employers prefer individuals with credentials. After having four years of experience as an investment consultant, you can now become a CFA by completing the three exams.


Finally, you need to continue learning since the advanced position in investment requires a master’s degree. If you want to advance on that level, you have to continue your education. There are master’s degrees that are accessible for the employed graduates who wish to maximize their opportunities and education. By completing your financial degree, gaining work experience, and getting certified and licensed, you will increase the possibility that you will be an investment consultant. As of late, the average income of investment professionals is around $89,000, which makes it a rewarding and lucrative career.

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