Mutual fund manager

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The investment fund trader is a state-recognized training occupation , which is completed in a three-year dual vocational training in a credit institute , in a savings bank or capital investment company with a final examination in accordance with Section 34 of the Vocational Training Act (BBiG) before a committee of the Chamber of Industry and Commerce (IHK). A graduate of the vocational training to become an investment fund manager is not a businessman in the sense of the commercial code , but a sales assistant .

The training is modular. Individual training phases can also be completed outside of the training company. Building on the training to become an investment fund manager, various academies offer extra-occupational training courses to become an investment specialist . In the meantime, the investment fund manager also has his own post-training opportunity with the investment specialist .

Training start and content

Since September 2003 there has been an apprenticeship as an investment fund manager. On the initiative of the Federal Association of Investment and Asset Management , a separate apprenticeship in the investment sector was created. The background to this was the steadily increasing demand for qualified junior employees. The trainees receive a complete overview of the activities of capital investment companies . The focus is on fund accounting and fund controlling, custody account service, research and fund management as well as real estate and marketing.

The new apprenticeship started on September 1, 2003 in Frankfurt am Main (at the Bethmannschule) with 2 vocational school classes and 37 trainees. The majority came from four BVI member companies. The training positions were filled within a very short time, although the new training occupation had only recently become known to the public.

Just one year later, 42 investment professionals started in Frankfurt am Main. In the summer of 2005 the time had come in Munich: the Ministry of Culture approved the establishment of a vocational school class of 15 trainees. Seven Munich investment companies trained in the 2008/09 training year. Other companies, including custodian banks, considered offering a training course.

On January 31, 2006, the first 36 graduates of the first year of training received their certificates. Everyone has found a job or started studying .

Investment fund traders mainly work in fund accounting and fund controlling as well as in the custody business . You will also provide support and preparation work for the creation and administration of funds and for fund management. To do this, they analyze securities and markets. Investment fund traders can be used in all areas of an investment company. But you also work in credit institutions, insurance companies and securities processing companies.

Individual evidence

  1. ↑ The first investment fund traders finish their training - IHK report

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