Securities firms, corporations, banks, insurance companies, mutual funds, pension, private equity, and trust funds, are among the many firms involved in investment management. Portfolio managers, securities brokers, other financial planners, and money managers of all types need to have investment management skills.
The Investment Management specialization added to your MBA includes knowledge of financial markets and macroeconomics, investments, financial derivatives, security analysis, and portfolio management skills.
Investment management positions often require considerable experience and many jobs require you to become a Certified Financial Analyst (CFA) with your Master’s degree (MBA or MS in Finance and Risk Management). Often investment managers start out as financial analysts or assistants to an investment manager. The CFA exam has three levels (taking three years to complete, see the CFA Institute, and the CFA Society of Colorado website, (formerly the DSSA).
A career in investment management demands you have a strong knowledge of investments. Jobs possibilities include; security broker positions, security traders, investment analysts, working in private equity, working for a bank or investment bank, as a money manager, and as a financial planner. See Careers in Finance for the latest salary surveys and examples of positions. Salaries have wide ranges depending on the type and size of firm, responsibilities, years of experience, and location, with higher salaries in cities with higher costs of living.