Investment Fund Managers: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

Investment Fund Managers plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

  • Manage investment funds to maximize return on client investments.
  • Select specific investments or investment mixes for purchase by an investment fund.
  • Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
  • Select or direct the execution of trades.
Read more about what does an Investment Fund Manager really do at work and what is it like being and working as one.



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Salary

Average salary
$115590 per year

Average hourly wage
$56 per hour


Investment Fund Managers with little to no experience tend to make between $52550 and $75460 while the more experienced ones can earn over $143230 per year.

Top 5 paying statesHourlyAnnual
DC$71$147,460
CA$69$143,350
NJ$67$138,820
CO$67$138,490
VA$65$134,500

One of the easiest ways to increase your salary as an Investment Fund Manager is to move to a higher paying state like DC. Right now, the highest paying states for Investment Fund Managers are DC, CA, NJ, CO and VA.

However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

Three other factors that can increase your salary as an Investment Fund Manager is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
Master’s Degree

We asked other Investment Fund Managers what degree they had when they got the job and most of them said they had a Master’s Degree followed by a Bachelor’s Degree.

Other than that, we also asked them what did they major in and here are the most popular majors that came up.

Natural Resource Recreation and Tourism
Digital Communication and Media/Multimedia
Information Technology Project Management
Library and Information Science
Archives/Archival Administration
Read more about how to become an Investment Fund Manager and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being an Investment Fund Manager.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who values achievements and are results-oriented
This career is perfect for people who love to work indoors.
One of the highest paid careers in the world
CONS
Not suitable for people who likes to work with designs
It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career.
Long working hours (More than 40 hours per week)

What is the job like

Job satisfaction
75%

Is this job meaningful
62%


75% of Investment Fund Managers said they were satisfied with their job and 62% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Entrepreneurs and The Organizers

You can read more about these career personality types here.

People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..

They also like following set procedures and routines. They like working with data and details more than with ideas.




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Related career information

Investment Fund Managers job description, Investment Fund Managers salary, Investment Fund Managers information, what is the job of an Investment Fund Manager like, pros and cons about Investment Fund Managers, colleges and universities for Investment Fund Managers, is Investment Fund Managers the right career for me, careers in Management

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