How To Become An Asset Manager In 2024: Step by Step Guide - Zippia (2024)

OverviewJobs

How To Become

SalaryResumeSkillsWhat They DoEducationCertificationsDemographics

Key steps to become an asset manager

1. Explore asset manager education requirements

   If you're interested in becoming an asset manager, you must consider how much education you need. Based on real asset manager resumes, 67.9% of asset managers have a bachelor's degree. Regarding higher education levels, 11.7% of asset managers have master's degrees. Even though most asset managers have a college degree, it's possible to become one with only a high school degree or GED.

   Selecting the appropriate major is an important step in becoming an asset manager. Data from asset manager resumes shows that the most common majors include business, finance, and accounting.

   Most common asset manager degrees

   Bachelor's

   67.9

   %

   Associate

   12.4

   %

   Master's

   11.7

   %

   Asset Manager Major	Percentages
   Business	33.70%
   Finance	11.20%
   Accounting	9.80%
   Real Estate	7.30%
   Other Degrees	38.30%

2. Start to develop specific asset manager skills

   You need some essential asset manager skills before entering the job market. The following skills are frequently mentioned in asset manager job descriptions:

   Skills	Percentages
   Asset Management	19.58%
   Financial Statements	7.08%
   Property Management	6.69%
   Customer Service	6.49%
   Oversight	5.21%

   Show more

3. Complete relevant asset manager training and internships

   Accountants spend an average of 1-3 months on post-employment, on-the-job training. New asset managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an asset manager based on U.S. Bureau of Labor Statistics data and data from real asset manager resumes.

   See Also

   How to Build a Successful Career in Portfolio Management

   Average amount of time asset managers train

   Less than 1 month

   1-3 months

   3-6 months

   6-12 months

   1-2 years

   2-4 years

   4-10 years

   %

   20%

   40%

   60%

   80%

   100%

4. Research asset manager duties and responsibilities

   Asset manager duties and responsibilities are what asset managers do on a typical day. Here is a list of the main duties and responsibilities that appear on asset manager job listings:

   • Manage and improve the processes require to support server end of life and normal windows patching processes.
   • Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
   • Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
   • Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
   • Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
   • Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.

5. Prepare your asset manager resume

   When your background is strong enough, you can start writing your asset manager resume.

   You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an asset manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

   Choose From 10+ Customizable Asset Manager Resume templates

   Build a professional Asset Manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Asset Manager resume.

   

   

   

   

   

   

   

   

   

   

   

   

   

   

   

   

6. Apply for asset manager jobs

   Now it's time to start searching for an asset manager job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams

   Asset Manager Jobs

Top asset manager jobs near you