In the present scenario, wealth management is one of the courses that are increasingly popular. It is also burgeoning in the sector of finance because it is offering numerous growth avenues to those who are young and ambitious. Since it has so many opportunities to explore, it is considered a lucrative career option. Keeping the demand and popularity in mind, many popular institutes like ICRI Bangalore are now offering industry-focused and career-oriented wealth management programs at different levels. Keep scrolling to know why it is a good career option.
Wealth management: what is it?
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This career option is more like a pool of various services that are aimed at managing different aspects of the asset base of ‘high net worth investors. It includes advisory services, tax planning, accounting, will drafting, estate planning, and so on. A good curriculum sheds light on all these aspects so that you can become industry-ready to take on the challenges. Read the ICRI India reviews to know more about the same.
Wealth management and career options
Previously, wealth management was not taken seriously as a career option. But things have changed a lot in the past few years. Apart from this, the following makes wealth management a lucrative career option:
- Increase in wealth creation
India is growing as a country – and as a result, it is seeing an increase in wealth creation. And it clearly reflects the growing number of young entrepreneurs selling companies, people becoming billionaires, growing market investment, etc. Even though wealth distribution has inequality in the country, the overall phenomenon has changed a lot. In simple terms, as a wealth manager, countless opportunities will knock on your doors once you have a degree from a reputed institute like ICRI Bangalore.
- Wealth management and growing awareness
You may or may not know that accumulating wealth is a complicated task but managing the same (accumulated wealth) is even more complex. This is the point where a wealth manager can come into the light and help people manage their corpus. Additionally, the growing awareness about finances is also opening new doors for wealth managers. Therefore, you must think about enrolling in a wealth management program at a good institute i.e. ICRI. However, do not forget to read the ICRI reviews to decide better or make an informed decision. It will help you understand the curriculum offered and the placement options later on.
- Attractive salary package
A leading newspaper – Economic Times has reported that because of the huge corpus available under management, a person working as a wealth management expert or wealth manager may earn up to Rs.1 crore to Rs. 2 crores per annum. In addition to this, it has so much of the glamour quotient. All of these make wealth management one of the most handsome jobs with an outstanding pay scale.
- Less competition
Since the market has a lack of good talent in this industry, you will get less competition. It means you can explore better opportunities and reach the highest milestones in your life. Apart from this, almost every corporate bank, treasury business, or asset management company now needs a wealth manager, you will never sit at home without a job if you have a degree and some industry knowledge in wealth management.
Every sector has some benefits and they can only be availed if you have studied well. And for wealth management, no other institute is better than ICRI Bangalore. Offering a sector-specific course program, the curriculum is designed by experts so that students can understand every in and out of the industry.
ICRI India is the best option for career growth