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Info about asset mangement career needed - ausmanpk2001 - 04-10-2008

Hi. I'm an ACCA student.

I need some information on the asset management career in Pakistan or the Gulf.

FIrst of all, how to break in, get a first job in this field. Can I get a job on the basis of BBA Banking & Finance from Central Punjab University. or what about the BSc Hons degree in applied accounting which acca awards to its students?

Secondly, what is the general salary structure especially after becoming qualified CFA?

What about the gulf region, Is it possible to get an entry level job in the gulf region?

Are all the research jobs available in karachi only?

On your personal opinion, what do you recommend? Is audit/accountancy a better field or asset management?




- accountingunlimited - 04-10-2008

Hi
First of all Asset Management Career in Pakistan
At the moment scope is not appreciating, if you manage to get job in Gulf and return to Pakistan after few years,you will be in a better position and senior position.
You can get in the job via B.Sc depending upon your score.I have no idea about your BBA that what was its curriculum, duration etc so I cannot comment on it.
CFA is a different ball game, Salary structure is very high here in UK people are getting upto £70,000 per year.
If you have a plan for CFA then try to move to US, UK Canada etc. Gulf is also a good option. Try to get internship in large companies/investment banks and you will find your way. Most of the time these companies take fresh MBA as internee and after working for some period you can decide which sector to move in. If you can afford try to do the MBA from LBSF after/during ACCA.
The research / work going in Karachi is in development stage.
In my personal opinion, in Pakistan market will start saturating in accountancy and audit profession due to ICAP, ACCA and now ICAEW. So better look for career in markets.
Many Thanks
Kind Regards


- ausmanpk2001 - 04-11-2008

accountingunlimited, thankyou very much for the detailed and sincere reply.