Portfolio management ?
This query is : Resolved
18 May 2011
Ok. I've given my first final attempt now in may. Confident that i will pass.
2 mnths till the results are announced.
Want to/ interested in entering portfolio management field (esp technical analysis stuff etc)
What are the skills I need to have?
Need at least the average salary of a fresh CA who passed out in first attempt( around Rs 10 lakhs package)
What should be my present task plans?
And who are my prospective employers?
2 mnths till the results are announced.
Want to/ interested in entering portfolio management field (esp technical analysis stuff etc)
What are the skills I need to have?
Need at least the average salary of a fresh CA who passed out in first attempt( around Rs 10 lakhs package)
What should be my present task plans?
And who are my prospective employers?
22 May 2011
Portfolio Management is not and cannot be done only with Technical Analysis.
There is no 'recognised' course for Technical Analysis, on the basis of which you could get an 'entry employment' as a Technical Analyst.
As a Technical Analyst, you will have to 'unlearn' all that you have learnt in CA. You will have to put away your CA knowledge and experience in 'another compartment' of your mind, and use purely Technical Analysis tools.
The best thing for you would be to do a full time MBA from a premier institute and get placed from campus as an Equity Analyst. Recruiters of Equity Analysts will ignore you if you talk to them only about Technical Analysis.
Once you are into this field of Equity Analysis, then you may demonstrate your 'home learned' knowledge of Technical Analysis too. But, the mainstay of Portfolio Management is not technical Analysis.
To learn Technical Analysis, for starters, read W D GANN, old newsletters of G R MANSUKHANI, ROBERT D EDWARD & JOHN MAGEE, JOHN MURPHY, ELLIOT WAVE THEORY.
The Mutual Fund industry is the main employer. There is no market for independent equity analysis firms or consultancies.
If you have a premier MBA, then your start salary in Equity Analysis will be definitely more than 10L.
There is no 'recognised' course for Technical Analysis, on the basis of which you could get an 'entry employment' as a Technical Analyst.
As a Technical Analyst, you will have to 'unlearn' all that you have learnt in CA. You will have to put away your CA knowledge and experience in 'another compartment' of your mind, and use purely Technical Analysis tools.
The best thing for you would be to do a full time MBA from a premier institute and get placed from campus as an Equity Analyst. Recruiters of Equity Analysts will ignore you if you talk to them only about Technical Analysis.
Once you are into this field of Equity Analysis, then you may demonstrate your 'home learned' knowledge of Technical Analysis too. But, the mainstay of Portfolio Management is not technical Analysis.
To learn Technical Analysis, for starters, read W D GANN, old newsletters of G R MANSUKHANI, ROBERT D EDWARD & JOHN MAGEE, JOHN MURPHY, ELLIOT WAVE THEORY.
The Mutual Fund industry is the main employer. There is no market for independent equity analysis firms or consultancies.
If you have a premier MBA, then your start salary in Equity Analysis will be definitely more than 10L.
22 May 2011
Sir
Thanks for the rely. helpful.
I've decided to wait for the results and if & when I pass, I'll get a job preferably in the field of investment managements..
I'll take it from there and do the now famous Chartered Market Technician course (CMT) of US and later on, if feasible, start trading full time which is my long term goal..
good enough?
Thanks for the rely. helpful.
I've decided to wait for the results and if & when I pass, I'll get a job preferably in the field of investment managements..
I'll take it from there and do the now famous Chartered Market Technician course (CMT) of US and later on, if feasible, start trading full time which is my long term goal..
good enough?
07 July 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
