Portfolio manager salary

Salary for Portfolio Managers

Working as a portfolio manager can be very lucrative. The average salary for a portfolio manager is an impressive 71 300 SEK per month. This marks a significant increase from 71 500 SEK, indicating a strong upward trend in the profession over the past year. Men in the field earn an average of 75 500 SEK, but unfortunately, specific salary data for women is not available.

Job Responsibilities for a Portfolio Manager

A portfolio manager is responsible for managing investments for individuals, companies, or institutions. This involves analyzing market trends, evaluating financial reports, and making investment decisions aimed at maximizing returns and minimizing risks. Portfolio managers, also known as traders or fund managers, often work at a fast pace and need to have sharp analytical skills and a good understanding of financial markets.

Education and Qualifications

To become a portfolio manager, a bachelor's degree in economics, finance, or a related discipline is typically required. Many employers also prefer candidates to have a master's degree or professional certifications such as CFA (Chartered Financial Analyst). Practical experience in the finance industry, such as working as an analyst, is often crucial for advancing to a managerial role.

Requirements for Getting a Job

The competition for portfolio manager positions is often fierce, so strong credentials are important. Having networking skills, being able to demonstrate successful past investments, and having a deep understanding of market dynamics are critical factors for success. Many employers also offer educational benefits, such as paid courses and certifications, to ensure their employees stay updated in the field.