Asset managers manage and monitor a company’s assets. This could include property, money, stocks, shares and bonds, commodities, equities and other financial products.
As an asset manager, you’d aim to maximise your employer’s return on investment. You’d ensure that their projects improve income and financial stability.
How to become an asset manager
There are several routes to becoming an asset manager. You can gain the qualifications you need by doing a university course or graduate training scheme, or by taking industry-recognised qualifications.
If you already have relevant skills or experience you may be able to apply directly to an employer or train on the job.
You should explore each route to becoming an asset manager to find out which is the right one for you.
You may need a (CSCS) card to work on a construction site.
University / graduate training scheme
You could complete an undergraduate degree in building and construction, business studies, finance, statistics, economics, management or accounting.
For this, you’ll need 2 - 3 A levels (or equivalent), including maths.
Afterwards, you could apply to a graduate trainee scheme. You could work for a bank or construction firm as a junior or assistant asset manager.
If you already have a relevant first degree, you could do a postgraduate qualification to improve your employability.
The (IAM) offers courses which cover the basics of asset management. You do not need any existing qualifications for these.
The (CISI) also offers qualifications and training courses. These are both for experienced professionals and school leavers interested in financial careers.
Work experience is essential to gaining employment within the construction industry. Potential employers will always be pleased to see work experience listed on your CV.
What does an asset manager do?
As an asset manager, you will be responsible helping to maximise the profitiabilty of the business through analysis inventory and supplier pricing.
You could also be generating reports based on this, and passing this information on to other decision-makers.
The job role of an asset manager involves the following duties :
How much could you earn as an asset manager?
The expected salary for an asset manager varies as you become more experienced.
Hours and salary depend on location, employer and any overtime you may do. Salaries and career options improve with chartered status.