Investment - an investment of capital with the expectation
to generate revenue in the future.
Possession of money, it is always obliged to seek the use of
that money to work, make a profit and do not lie idle. history of investing can
be dated to the moment of realization that the money under the mattress - is
unprofitable, and the decision to invest this in their development of new
business (let there in turnover as a loan or a lot easier to buy a gold bar).
Obviously, the more capital can be placed in a draft - especially on large
profits can be expected. Small contributions of private owners can give a total
of powerful investment resource that will not only provide income to investors,
but also realizes the significant growth of the economy.
When depositors is becoming more difficult to achieve
consensus in the management of cash flow, which requires the analysis of the
situation on the market, assessment of possible risks, as well as the
development of a common strategy. None of the investors does not want to be in
the position of Pinocchio, which is hoping to grow a money tree, simply buried
his coin in the ground, losing thus, their all. When the financial management
and decision-making involved investors themselves - it is ineffective: views on
the profitability of the project may differ, as well as the assessment of the
situation. Optimally it outsource it to a professional - the investment
manager.
Investment manager - who is it?
Investment manager's task - the analysis of the possible
directions, sites for investment and the choice of the best options for taking
into account all possible risks and expected returns.
Specializations in the field of investment management
abound. Specification of activities depends on the investment is carried out in
a segment of the market. And different requirements and job responsibilities
may be lurking behind every open vacancy. But regardless of the kind of
activities and efforts of the application domain, common to all managers in the
field of investment objectives are to ensure the profit of the employer
company. To achieve this, funds can be invested in financial assets
(securities: stocks, bonds, etc.), Non-financial assets (precious stones,
metals), physical assets (real estate), intangible assets (research and
development).
asset management, in whatever direction it is not carried
out, consists of two main stages. The first analysis of the current situation,
asset valuation, forecasting the estimated income and potential risks. The
second step is the actual effect against investment funds or investment
objects. So, if we are talking about so-called "portfolio management"
(the formation and portfolio management), several specialists will be involved
in the work. The analyst who needs to analyze current and expected market
conditions, portfolio manager, on the basis of information provided by the
analyst to decide whether certain actions (buying new shares available for sale
securities) and a trader, directly carry out transactions on the market. In the
process of participating and "support group" - lawyers, back office
accountants. The range of professions and specialization of employees involved
in investment management, can be very diverse. So, if we are talking about
investments in the sphere of real estate, investment manager role is performed
by a professional agent, who can give the most accurate assessment of the situation
on the real estate market and predict the feasibility of investing in a
particular object.
Knowledge is power
At first glance it may seem that the success of the
investment manager - this is just a matter of luck or the result of a good
intuition. How else can one explain the fact that one manager to manage
successful projects to choose more than those who invest in others? In fact,
everything is much more complicated. Investment manager's job - is not only and
not so much intuition. Specialist, intending to build a successful career in
the field of investment, must possess a large array of knowledge (theory of investment
management, accounting, macro- and microeconomics, principles of technical and
fundamental analysis, mathematical modeling and statistics, relevant laws and
regulations and much more). Developed the theory on which the established
methodology for calculating the risk and profitability of investment funds,
optimize investment performance evaluation of investment projects. Without this
knowledge, calculations and constant analysis of the investor will never be
able to achieve positive results. Activities in this area - a permanent job
with a large array of information. The manager should be able to collect it,
analyze, map out a strategy and plan their actions. His task - to evaluate the
effectiveness of programs and investment projects, to adopt adequate investment
decision and bring it to a successful implementation. map out a strategy and
plan their actions. His task - to evaluate the effectiveness of programs and
investment projects, to adopt adequate investment decision and bring it to a
successful implementation. map out a strategy and plan their actions. His task
- to evaluate the effectiveness of programs and investment projects, to adopt
adequate investment decision and bring it to a successful implementation.
Where can I get the knowledge needed for the job?
Education in the field of economics and finance can be
obtained at the Kiev University of Economics (formerly the Institute of
National Economy), the National Taras Shevchenko University (Department of
Economics), Kyiv-Mohyla Academy (Faculty of Economic Sciences), the Donetsk
State Academy of Management (Faculty of Management in the non-manufacturing
sector) , Kharkov (Department of Economics) and the Odessa economic university.
Education in "financial management» (financial
management), obtained in Western business schools, is valued much higher than
domestic.
However, if you have higher math, it can try yourself in the
investment: since the theory of differential equations and other intricacies of
the Faculty of Mathematics formula for calculating return on investment
suschimi seem trifles. A special knowledge get, if you're lucky and you will
intern at an investment company.
Step by step
Even with the profile specialty and diploma of prestigious
academic institution, there is no guarantee that you will work with open arms,
and even more so to entrust to make important decisions and to dispose of large
sums.
Typically, about building a career, students begin to think
more on the third and fourth courses. Choose an investment company or a bank
and try to get trainees at least for the holidays. The main work of interns -
"Bring - Bring - Sort": database filling, help companies specialist
in the current issues that do not require qualification and responsibility.
Yes, and payment for such positions (if any), on a - minimum. But there is the
opportunity to acquire the most valuable - experience.
After practice (of course, provided that you have left a
good impression) can be arranged in the same company as a junior (junior)
manager. If this position will qualify two candidates, intern,
well-established, and a specialist from the side - most likely, the preference
will be given to the first, already had time to get acquainted with the
activities of the company or an investment bank. Therefore internship during
the holidays - it is though not mandatory, but highly useful and greatly
facilitates the further employment.
Compared with the trainees, junior manager - a serious and
responsible attitude. Direction of operation depends on the employee to whom it
is "younger": the analyst, portfolio manager or trader.
Career "ceiling" in the industry is almost
non-existent. With the manager position, you can move to the position of
director of the direction, then even higher - to become the managing director
of an investment company or an investment bank. Depending on the policy
guidance, the successful director may be invited to become a partner - the
owner of a small fraction of the company's shares. Particularly this approach
is popular in the West. It is believed that one of skill is much more
interested in the success of the enterprise, from when it is directly related
his personal income.
With experience and undermine relationships, earning the
starting capital, you can open its investment bank. Sometimes, however, the
offer of cooperation from the large foreign investment company is more
interesting.
Urgently needed ...
Employers Eligible Applicants in this industry is very
standard:
Higher Education
(mathematical or economic);
knowledge in the field
of investment law Asset Management;
knowledge of
investment theory, financial mathematics and financial analysis:
practical PC skills;
good knowledge of
English.
Obligatory additional requirement - Experience in specific
areas of investment. As well as experience of those or other investment
projects, transactions and cash management.
Search for jobs in investment is not limited to the study of
employment ads. Even if the company you are interested in has not published an
ad for the employee - it does not mean that you can not try to get a job. Many
large organizations are not published on the website job listings, and simply
offer all interested persons to send in their resume. And there's the
likelihood of interesting offers of cooperation will depend on how you will be
able to justify their desire to work in this company and are interested in
leadership in working with you.
Investment manager's job is associated with the continuous
development and self-education. In his field of vision - companies from
different fields and areas of activity that helps to thoroughly understand
what's inside any business at all. Constant communication with new people, a
decision of non-trivial tasks makes this work a dynamic and very interesting.
And adds fun and excitement drive from successful transactions or investments.
In general, such a boring work will not.
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