The role of an Investment Associate is to research and recommend various investment opportunities to a company and its executives. They do this through much research and data analysis. Much of the research is into a company's financial capabilities and the investment risks, possible profits, and other factors.
They may also act as advisors or as a third, unbiased party, or a mediator, in large company contracts or even company takeovers or large purchasing of another company's stocks. An Associate might have to specialize in certain industries and topics, depending on whom they work for, in order to be able to forecast market trends and investment worths accurately.
A person seeking work in this position will most likely need to have a Bachelor's in a subject such as finance and strong analytical and mathematical skills. They will also need to have several years of experience working in an investment firm. An Investment Associate earns an average of $53.53 an hour or $111,339 a year.
There is more than meets the eye when it comes to being an investment associate. For example, did you know that they make an average of $52.79 an hour? That's $109,795 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.
There are certain skills that many investment associates have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, communication skills and detail oriented.
When it comes to the most important skills required to be an investment associate, we found that a lot of resumes listed 8.1% of investment associates included customer service, while 7.9% of resumes included powerpoint, and 5.8% of resumes included client service. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the investment associate job title. But what industry to start with? Most investment associates actually find jobs in the finance and real estate industries.
If you're interested in becoming an investment associate, one of the first things to consider is how much education you need. We've determined that 79.3% of investment associates have a bachelor's degree. In terms of higher education levels, we found that 14.3% of investment associates have master's degrees. Even though most investment associates have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an investment associate. When we researched the most common majors for an investment associate, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on investment associate resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become an investment associate. In fact, many investment associate jobs require experience in a role such as internship. Meanwhile, many investment associates also have previous career experience in roles such as associate or analyst.