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Occupation information - In brief...



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Interest categories related to this occupation:

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Course Suggestions - CAO

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If you are interested in this occupation, then these CAO courses may also be of interest. Note that these course suggestions are not intended to indicate that they lead directly to this occupation, only that they are related in some way and may be worth exploring.
Central Applications Office 71 courses found.
Business Studies and French
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In Brief... Fund Manager

 Brief Description:

An investment expert whose job it is to seek out and manage the best investment opportunities for a clients funds.


Typical tasks undertaken in this profession: 20

»  

Manage investment funds to maximize return on client investments. 

»  

Select specific investments or investment mixes for purchase by an investment fund. 

»  

Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements. 

»  

Select and direct the execution of trades. 

»  

Develop and implement fund investment policies and strategies. 

»  

Develop, or direct development of, offering documents or marketing materials. 

»  

Evaluate the potential of new product developments or market opportunities according to factors such as business plans, technologies, and market potential. 

»  

Identify group and individual target investors for a specific fund. 

»  

Meet with investors to determine investment goals or to discuss investment strategies. 

»  

Monitor regulatory or tax law changes to ensure fund compliance or to capitalize on development opportunities. 

4 In Detail...
A detailed description of this occupation can be found on a number of online databases. Follow the link(s) below to access this information:
Note: you will be leaving the CareersPortal Site
Go.. Fund Accounting Manager - from:  icould [UK] Video
Go.. Investment fund administrator - from:  GradIreland
Go.. Investment Fund Manager - from:  Career Directions
Go.. Investment fund manager - from:  GradIreland

JobZone

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Education
Most of these occupations require qualifications at NFQ Levels 7 or 8 (Ordinary / Honours Degrees) but some do not.

Related Experience
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an engineer must complete four years of college and work for several years in engineering to be considered qualified.

Job Training
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Job Zone Examples
Many of these occupations involve coordinating, supervising, managing, or training others. Examples include accountants, sales managers, computer programmers, teachers, chemists, environmental engineers, criminal investigators, and financial analysts.


Qualifications required?

Level 8 Honours Bachelor Degree

Typical entry routes:

There are many paths into the investment funds industry including:

  • Degree courses with finance/accounting
  • Business courses
  • General degree courses, i.e. Arts, and then further study opportunities through employer
  • Post Leaving Cert (PLC) courses
  • Straight from school e.g. from the Dublin Docklands Development Authority (DDA), 'Business in the Community in Ireland (BITCI) programme, mentoring programmes or local school contacts 
  • Work placements through schools, colleges or other educational institutions
  • From other organisations within the financial services sector, for example, banks, insurance companies, pension providers, mortgage brokers etc.
  • From other organisations from other sectors/industries
  • Internal transfer in organisation from other business lines or locations

Related courses

Click here to search the National Courses database for courses related to this occupation or occupational area.
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Sectors related to this occupation:

This occupation is typically found in the sectors below. You can explore information relating to sectors by clicking on the titles below.

Banking, Insurance & Financial Services
Accountancy & Taxation
Business Organisation & Business Management

Future Skills Requirements & Concerns

Current Labour Market Research highlights concerns in some occupations. These comments are presented here where available: [source: Forfas]


 
This occupation has been viewed 65255 times
 
2 Salary Information
Note: All salaries are in thousands of euros and refer to annual salaries.

Job Title
Trustee
Salary Range*
25 - 80
Related Information:
Trustee Officer: 25 - 50
Trustee Manager: 40 - 80
Data Source(s):
Brightwater / Morgan McKinley / Robert Walters

Last Updated: May, 2013
Job Title
Fund Manager
Salary Range*
28 - 90
Related Information:
Fund Accounting Manager: 35 - 90
Fund Accountant / Supervisor: 28 - 70
Data Source(s):
Brightwater / Morgan McKinley / Hudson

Last Updated: April, 2013
* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.

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0 LABOUR MARKET INFORMATION

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1 Fund Management.
 Aoife Barry
 
Bank of New York Mellon

"Being successful in progressing to this role is a great achievement for me and one that I am proud of."
Go..
Aoife Barry

1 Fund Management
 Michael Devane
 
Bank of New York Mellon

"I decided to move into the IFSC (Irish Financial Services Center) and join one of the companies in what was a rapidly growing financial services industry."
Go..
Michael Devane

1 Fund Management
 Eileen Cullen
 
Bank of New York Mellon

"Being interested in your job is key to success and progression within any company."
Go..
Eileen Cullen

 
 
 



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