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Qualifications and Experience for Investor Relations IR roles usually require a bachelor's degree in finance, accounting, communications, economics, or related fields. A master's degree (such as an MBA) is not necessary but is usually considered an asset. There are relatively few entry-level positions in IR.
What steps should you take to build a business' IR function from scratch? Learn Your Company's Story. ... Assess Available Resources. ... Create a Comprehensive Investor Relations Plan. ... Centralize Your IR Data and Contacts.
The investor relations team oversees functions such as coordinating shareholder meetings and press conferences, releasing financial data, leading financial analyst briefings, publishing SEC filings, and handling the public relations of a company-specific financial crisis.
You will collaborate with teams across the business and be responsible for assisting with the execution of investor relations activities, as well as maintaining accurate records and corresponding with investors.
As an investment associate, your responsibilities are to review the financial data and potential investments of a company to strategize the best plan to increase profits.
On the other hand, it's still a career where you could earn into the mid-six-figures while working 40-50 hours per week. So, if you're a banker or research professional who likes communicating more than crunching numbers, and you want a better lifestyle, investor relations might be your ideal exit opportunity.
Required Skills for Investor Relations Working in IR requires extremely effective communication (verbal, written, and graphic) skills and the ability to develop and maintain business relationships. A strong understanding of financial reports, analytic methods, and financial data tools is often required.
Earnings. The average head of investor relations (IR) earned a median annual salary of $240,530 in 2020, ing to Salary.com. Compensation ranged from $184,554 to $314,713 or more. Most heads of investor relations receive a significant yearly bonus on top of their base salary, ing to IR Magazine.