Hello you smart folks,
Can you please share any information you might have about the career progression and comp in this role? The details of the job are given below.This is a summer internship(MBA) role at a T20 Bschool.
Real Estate - Asset Management Intern-Invesco
Key Responsibilities / Duties - Assist in leasing, capital, financial and other ad-hoc analyses of Invesco investments across different strategies (core, core-plus, value-add, opportunity) and major asset types (including multi-family, office, retail, and industrial) - Complete analyses of market dynamics, demographic trends and real estate technology platforms on Invesco’s real estate investments - Participate in conversations with external providers (leasing, property management, legal, construction and tax), and colleagues in departments such as acquisitions, valuations and portfolio management, to execute property goals - Assist in asset management tasks involving key real estate systems such as Yardi, RealConnect, Kardin and Argus - Support Asset Managers in the review of client deliverables, such as budgets, business plans and quarterly reporting
Thank you.
Bump-anyone?
I’ve looked through compensation threads and created a post asking about AM director level compensation but there isn’t much out there besides the CEL associates table.
Path seems to be Associate (100k-150k) > Asset Manager (120-250k) > Director/VP (200-350k) > Senior Management (300k+). Working with Invesco I’d probably peg your figures around the middle of the ranges listed.
As an aside, I spoke with a few recruiters a while back that felt Invesco pays on the low end for firms of its caliber. Seems that they subscribe to the "taking a discount to work for our brand" ideology.
Thank you-really helpful!
Does anyone have and insight into the interview process for Asset Management at Invesco? Should I expect a modeling test?
Someone I know had a 1st rd casual interview, then had to do a case study for RD2. She said it was fairly difficult and threw her off guard. Not sure about the following rounds.
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Very solid name, well respected, I think an internship there would look great on a resume for any number of institutional real estate roles. Since it's an internship, I would say the "path" could be anything from acquisitions to development..... Just because you intern in "asset management" does not mean you are then somehow "tracked" for AM. Lots of Acquisition teams would appreciate someone with exp/knowledge in AM.
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