Client Relations Associate - further Career Path/Opportunities?
Hi,
I am 21, an undergraduate student in business and administration with a major in finance and real estate. I want to work for financing my master in 2-3 years but would also consider staying in the job if it fits me. I have one internship working for a real estate investor in portfoliomanagment. This made me realize that a postition in back/middle office investment may not be my perfectly liked career path.
I now have an offer for a well paid job as a Client Relations Associate for a large Asset Manager with good reputation. The role involves mostly dealing with institutional client inquiries as first point of contact and sales support. I could see myself doing this as I am a "people-person" and a good communicator.
Therefore here my questions:
If I do this job how could I proceed? My biggest fear is doing that and then therefore heavily narrowing my career path in the financial industry and not being able to jump back to a more investment focused role even after I have my master. Of course if I like the job I would just stay and it should not be an issue but even then I asked myself of how is the normal career path for such a role in client relations?
Would you consider this job a good start in the financial industry with 21?
Any insights?
Institutional client service at a large asset mgr is a good spot to be if you want to pursue: account management in the institutional space, product management / strategy, or an MBA which would allow for a return to AM in a research/ analyst capacity (very competitive) or a reset to do whatever. Essentially you'll be dealing directly with large clients who are investing their pensions, endowments, etc with your firm. You'll have to learn about them / their issues, your firm's offerings, provide excellent service, do a lot of performance reporting and analysis. Great exposure to the fund business. If you want to be a PM or research analyst on the buyside, this will give you good general knowledge but you will most likely need an MBA from a top school. The good news is these firms are quite helpful in attaining that MBA.
Thanks a lot for your valuable tips.
As I am very indecisive I think I will take the job. Its also paid much better than any other opportunities I have so far with my background.
To be honest my biggest goal is just wanting to work abroad (right now Iam based in Germany) in Asia or the US. I hope I can make this happen with a position like the ones you mentioned they seem to fit me.
However another scenario:
Let us assume I`am not doing an MBA but just staying in the job as CRA and then after 2-3 years doing a Masters degree abroad (US) in Finance. Would you say that after this Master my chances of getting in a classical analyst position or in Conmsulting are worse than if I would do the Master now at a low tier German university and not getting work experience?
Aliquid est ea reprehenderit a reprehenderit illum quibusdam. Voluptas recusandae architecto molestias necessitatibus ullam consequatur. Accusantium autem et sit omnis.
Vero quia non rerum architecto. Ratione laborum repudiandae qui repudiandae minus eius impedit. Sit doloremque magni voluptate libero quia.
Accusantium sint reprehenderit omnis quis. Rem autem eos modi est saepe. Quidem error quaerat aut. Quia qui rem est id hic placeat placeat. Qui autem at odit eaque.
Sunt corrupti cupiditate cum quaerat voluptatem ex aliquid. Est dolores molestiae omnis aut porro odio ducimus perspiciatis. Ea dolores voluptatibus distinctio voluptatum. Ratione rem rem cumque quia quis natus nulla. Iste quos rerum quisquam iure.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...