Portfolio Managers are investment decision-makers. They handle investing strategies for individuals and organizations. Portfolio Managers decide where, how, and when to invest assets.
Personal Competencies
You are a careful and organized person
You can keep accurate records of expenses and income
You like to work with numbers
You are detail oriented
Entry Pathway
1. Complete 10+2 in the Commerce stream
2. Pursue Bachelor's in Finance or any related field followed by an MBA with specialization in Finance/Financial Management or in any Finance related subjects
OR
Complete Bachelor's degree followed by a Master's degree in the same or allied field
Please check the duration of the course during enrolment
Where will you study?
The course is offered by the Department of Finance/Banking/Business Analysis. This list of institutes is indicative only
Government Institutes 1. Institute of Cost Accountants of India 2. Indian Institute of Management, Bangalore 3. Indian Institute of Management, Calcutta 4. Indian Institute of Management, Kozhikode 5. Indian Institute of Management, Indore 6. Indian Institute of Management, Lucknow 7. Faculty of Management Studies, University of Delhi 8. Department of Management Studies Indian Institute of Technology
Private Institutes *(Please check if institute is affiliated and accredited with UGC before applying) 1. Xavier School of Management, Jamshedpur 2. Management Development Institute (MDI), Gurgaon 3.SPJIMR, Mumbai 4. T A Pai Management Institute, Manipal 5. Great Lakes, Chennai - Great Lakes Institute of Management 6. IBS Business School, Hyderabad 7. Goa Institute of Management 8. Institute of Management Technology, Ghaziabad
*NPTEL- National Programme in Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio - video form
Fees
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes* • Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Investment Banks, Mutual Fund Companies, Insurance Companies, Investment Firms, Asset Management Companies etc.
Entrepreneurship: You can choose to freelance and have your own clients
Work Environment: It is a desk job. Unless you choose to freelance, you will have to work for 5 to 6 days a week and 10 to 12 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Expected Growth Path
Trainee Analyst → Junior Analyst → Senior Analyst → Lead Analyst → Fund Manager OR Management Trainee → Manager → Senior Manager → Assistant Vice President → Associate Vice President → Vice President → President OR Associate Consultant → Senior Consultant → Lead Consultant → Associate Vice President → Vice President
Expected Income
The approx. salary of a Portfolio Manager ranges between INR 40,000 - 3,35,000* or more per month.
Source: payscale.com/research/IN/Job=Portfolio_Manager/Salary *These figures are indicative and subject to change
Experts from the field
Harini Dedhia is a Portfolio Manager at Tamohara Investment Managers in Mumbai. She has a Bachelor’s in Economics, Political Science and Advanced Mathematics from the University of New York. She has been in the capital markets since 2013, starting with 2 years of experience at a hedge fund in US followed by exposure to the Indian capital markets.*
Investment/ Portfolio Manager
NCS Code: N/A | BFSI061. Complete 10+2 in the Commerce stream
2. Pursue Bachelor's in Finance or any related field followed by an MBA with specialization in Finance/Financial Management or in any Finance related subjects
OR
Complete Bachelor's degree followed by a Master's degree in the same or allied field
Please check the duration of the course during enrolment
The course is offered by the Department of Finance/Banking/Business Analysis.
This list of institutes is indicative only
Government Institutes
1. Institute of Cost Accountants of India
2. Indian Institute of Management, Bangalore
3. Indian Institute of Management, Calcutta
4. Indian Institute of Management, Kozhikode
5. Indian Institute of Management, Indore
6. Indian Institute of Management, Lucknow
7. Faculty of Management Studies, University of Delhi
8. Department of Management Studies Indian Institute of Technology
Private Institutes
*(Please check if institute is affiliated and accredited with UGC before applying)
1. Xavier School of Management, Jamshedpur
2. Management Development Institute (MDI), Gurgaon
3.SPJIMR, Mumbai
4. T A Pai Management Institute, Manipal
5. Great Lakes, Chennai - Great Lakes Institute of Management
6. IBS Business School, Hyderabad
7. Goa Institute of Management
8. Institute of Management Technology, Ghaziabad
Information on the institute rankings can be found at - https://www.nirfindia.org/2022/Ranking.html
Distance learning Institute
Indira Gandhi National Open University (IGNOU)
Online Courses
• NPTEL* Swayam: https://swayam.gov.in/explorer?searchText=accountancy
• Udemy: https://www.udemy.com/courses/finance-and-accounting/accounting-bookkeeping/
• Coursera: https://in.coursera.org/courses?query=accounting
*NPTEL- National Programme in Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio - video form
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Investment Banks, Mutual Fund Companies, Insurance Companies, Investment Firms, Asset Management Companies etc.
Entrepreneurship: You can choose to freelance and have your own clients
Work Environment: It is a desk job. Unless you choose to freelance, you will have to work for 5 to 6 days a week and 10 to 12 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Trainee Analyst → Junior Analyst → Senior Analyst → Lead Analyst → Fund Manager OR Management Trainee → Manager → Senior Manager → Assistant Vice President → Associate Vice President → Vice President → President OR Associate Consultant → Senior Consultant → Lead Consultant → Associate Vice President → Vice President
The approx. salary of a Portfolio Manager ranges between INR 40,000 - 3,35,000* or more per month.
Source: payscale.com/research/IN/Job=Portfolio_Manager/Salary
*These figures are indicative and subject to change
Experts from the field
Harini Dedhia is a Portfolio Manager at Tamohara Investment Managers in Mumbai. She has a Bachelor’s in Economics, Political Science and Advanced Mathematics from the University of New York. She has been in the capital markets since 2013, starting with 2 years of experience at a hedge fund in US followed by exposure to the Indian capital markets.*
Source: https://www.livemint.com/money/personal-finance/from-rokda-of-firm-to-having-sparring-partner-fund-manager-harini-dedhia-shares-investment-tips-tamohara-investment-11671249391054.html
*The above information is for training purposes only and will not be used for any commercial gains
portfolio manager, investment manager