Accredited courses from leading Australian universities, TAFEs and colleges

StudySelect branding logo with stylized graduation cap

Select Industry

Courses by Study Type

Providers

Career Advice

​
career-vectorStep-by-step guide to starting a career as a Portfolio Manager

How to Become a Portfolio Manager in Australia: careers in Financial Planning

course-count2 Courses
Career outcome icon – Portfolio Manager

Displaying 2 of 2 courses

FiltersClear all
​
filter-iconLocation
filter-iconIndustry

Show more...

filter-iconStudy Mode

Show more...

filter-iconPayment Options

Show more...

filter-iconQualification

Show more...

filter-iconCourse Provider

Show more...

Popular Searches
finance certificate courses
finance course online
bookkeeping and accounting course online
online mba finance degree
courses for office managers
myob courses tafe
myob courses online tafe
courses for administration
courses for business
courses for designing

Master of Property Development

course-code
The Master of Property Development offered by UTS Online is designed for individuals seeking to advance their careers in the dynamic field of property development. This course provides a comprehensive understanding of the property development process, covering essential areas such as project management, urban planning, and financial analysis....
Online
Varies
locationOnline
2 years
Career Outcomes
Facilities Manager
Portfolio Manager
Property Developer
BSB60720
course-code

Advanced Diploma of Program Management

The BSB60720 Advanced Diploma of Program Management offered by UNE Partnerships is designed for experienced program managers seeking to elevate their professional capabilities. This comprehensive course equips participants with the advanced skills necessary to lead teams effectively while managing a portfolio of multiple projects or large, complex initiatives...
Online, Workplace
Varies
locationOnline
18 months
Career Outcomes
Portfolio Manager
Program Director
Program Manager

Definition of a Portfolio Manager

A career as a Portfolio Manager offers a dynamic and rewarding opportunity for individuals passionate about finance and investment. Portfolio Managers play a crucial role in managing and optimising investment portfolios on behalf of clients, which can include individuals, corporations, and institutions. Their primary objective is to generate attractive returns while managing risk, making strategic decisions based on market trends, economic indicators, and client goals. This role not only requires a strong analytical mindset but also a deep understanding of financial markets and investment vehicles.

In their day-to-day responsibilities, Portfolio Managers conduct thorough research and analysis to identify potential investment opportunities. They develop tailored investment strategies that align with their clients’ financial objectives and risk tolerance. This involves monitoring market conditions, evaluating the performance of existing investments, and making informed decisions about buying, holding, or selling assets. Additionally, they often communicate with clients to provide updates on portfolio performance and to discuss any adjustments that may be necessary to meet changing financial goals.

Collaboration is also a key aspect of a Portfolio Manager’s role. They frequently work alongside analysts, traders, and other financial professionals to gather insights and refine investment strategies. This teamwork enhances their ability to make well-rounded decisions that benefit their clients. Furthermore, Portfolio Managers must stay abreast of regulatory changes and industry trends, ensuring compliance and adapting strategies as needed to navigate the ever-evolving financial landscape.

Overall, a career as a Portfolio Manager is not only intellectually stimulating but also offers the satisfaction of helping clients achieve their financial aspirations. With the potential for significant financial rewards and the opportunity to make a meaningful impact on clients’ lives, this profession is an excellent choice for those looking to advance their careers in finance and investment management.

On this Page

What Will I Do

What Skills Do I Need

Career Snapshot

Resources

What does a Portfolio Manager do?

A Portfolio Manager plays a crucial role in the financial sector, responsible for managing investment portfolios on behalf of clients, which may include individuals, corporations, or institutions. Their primary objective is to maximise returns while managing risk, requiring a deep understanding of market trends, investment strategies, and client needs. This role demands a blend of analytical skills, strategic thinking, and effective communication to ensure that clients’ financial goals are met.

  • Market Analysis – Conducting thorough research and analysis of financial markets to identify investment opportunities.
  • Portfolio Management – Developing and managing investment portfolios tailored to clients’ financial objectives and risk tolerance.
  • Client Communication – Regularly communicating with clients to provide updates on portfolio performance and market conditions.
  • Investment Strategy Development – Creating and implementing investment strategies based on market trends and client goals.
  • Risk Assessment – Evaluating potential risks associated with investment decisions and adjusting strategies accordingly.
  • Performance Monitoring – Continuously monitoring the performance of investments and making necessary adjustments to optimise returns.
  • Regulatory Compliance – Ensuring all investment activities comply with relevant laws and regulations.
  • Collaboration with Analysts – Working closely with financial analysts to gather insights and data that inform investment decisions.
  • Client Reporting – Preparing detailed reports for clients that outline portfolio performance, market analysis, and future recommendations.
  • Networking – Building and maintaining relationships with industry professionals to stay informed about market developments and opportunities.

What skills do I need to be a Portfolio Manager?

A career as a Portfolio Manager requires a unique blend of analytical, strategic, and interpersonal skills. Individuals in this role must possess a strong understanding of financial markets and investment strategies, enabling them to make informed decisions that align with their clients’ financial goals. Proficiency in data analysis and risk assessment is essential, as Portfolio Managers are tasked with evaluating various investment opportunities and managing the associated risks. Additionally, they should be adept at developing comprehensive financial plans and investment strategies tailored to the specific needs of their clients.

Effective communication and relationship-building skills are also crucial for success in this field. Portfolio Managers must be able to convey complex financial concepts in a clear and concise manner, ensuring that clients understand their investment options and the rationale behind their strategies. Furthermore, the ability to adapt to changing market conditions and client needs is vital, as it allows Portfolio Managers to remain competitive and responsive in a dynamic financial landscape. Continuous professional development and staying abreast of industry trends are also important for those looking to excel in this career.

Skills/attributes

  • Strong analytical skills
  • Excellent communication abilities
  • In-depth knowledge of financial markets
  • Proficiency in investment strategies
  • Attention to detail
  • Ability to assess risk
  • Strong decision-making skills
  • Time management and organisational skills
  • Teamwork and collaboration
  • Client relationship management
  • Adaptability to changing market conditions
  • Technical proficiency in financial software
  • Understanding of regulatory requirements
  • Ability to work under pressure
  • Continuous learning and professional development

Does this sound like you?

Career Snapshot for a Portfolio Manager

Portfolio Managers play a crucial role in the financial sector, responsible for investing and managing assets on behalf of clients to generate income and achieve financial goals. Their work typically involves developing financial plans and investment strategies, focusing on various asset classes such as stocks, real estate, and pension plans.

  • Average Age: Typically in their 30s to 50s.
  • Gender Distribution: Predominantly male, though the industry is seeing increasing female representation.
  • Hours per Week: Generally 40 to 50 hours, with potential for longer hours during peak periods.
  • Average Salary: Ranges from $145,000 to $165,000 annually, with higher salaries in major cities like Sydney ($160,000 to $180,000) and Melbourne ($135,000 to $155,000).
  • Unemployment Rate: Relatively low, reflecting the demand for skilled financial professionals.
  • Employment Numbers: Thousands of individuals are employed in this role across Australia.
  • Projected Growth: Expected to grow steadily as the demand for financial services increases.

As the financial landscape evolves, Portfolio Managers are increasingly required to adapt to new investment strategies and technologies, making continuous professional development essential for success in this field.

Financial Planning Career resources

NATIONAL

QLD

 

VIC

 

WA

 

SA

NT

 

ACT

TAS

 

StudySelect makes every effort to ensure the information we provide is correct at the time of publication. We welcome your input to help keep our career profiles as accurate and up to date as possible. All queries and feedback will be taken into consideration as we conduct periodic reviews of our content. Add your voice to the conversation!