The profession of asset manager
An asset manager is the person in charge of managing a portfolio on behalf of one or more clients.
They help optimize and increase the value of property investments. They set out the investment strategies to be employed and makes decisions in the choice of products making up the portfolio. An asset manager is a specialist in their market, manages stocks and assesses depreciation risks.
Université Paris Dauphine PSL offers a Master's degree in Finance with a specialization in asset management to prepare to work as an asset manager.
Role and missions of the asset manager
The asset manager carries out all management activities related to their client’s assets. They also take care of accounting and taxation in connection with the products they manage.
Daily
tasks
During their career, asset managers will take care of various tasks such as:
- Implementing asset sale or investment strategies
- Analyzing performance
- Writing reports
- Developing asset enhancement schemes
- Follow up on work projects
- Making tax declarations
- Managing cash flow related to the assets
- Performing legal follow-up
- Compiling the accounts and drafting annual reports
- Managing coordination of operations with the various parties
Salaries and career development
Finance at Université Paris Dauphine PSL is €40,054. After 5 years of experience, an asset manager may earn a median gross annual salary of €67,500 depending on the area of specialization.
During their career, they may transition to the profession of fund manager, real estate analyst or expansion manager. They may also take on a position with greater responsibility, such as Director of Asset Management or CEO. They may also work as a freelance real estate investment consultant.
Skills
required
- In-depth knowledge of economics and finance
- Fluent English
- Management skills
- Excellent communication skills
- Ability to negotiate
- Rigor and responsiveness
- Good interpersonal skills
- Analytical mind
Which studies to become an asset manager?
To become an asset manager, you will need in-depth knowledge of economics and finance. To enter this profession, applicants must complete five years of post-secondary study in engineering or finance. This type of Master's degree enables future graduates to acquire technical skills and management methods for the finance sector, which are needed to become an asset manager.
Program to become an asset manager at Université Paris Dauphine – PSL
Université Paris Dauphine – PSL offers a Master's degree in Finance for students seeking an excellent program in the field of financial techniques.
This work-study specialization in asset management, which can be taken in the 2nd year of the Master's degree in Finance, offers students theoretical and practical instruction in economics and finance. Future graduates can gain knowledge in portfolio management, along with mastery of IT tools and financial and macro-economic analyses.