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IR managers in large organizations are among the highest-paid professionals, with compensation levels reflecting their significant responsibilities and the level of experience and expertise required for this role.
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.
Investor relations specialists need a minimum of a bachelor's degree in finance, accounting, business, marketing, public relations, or a related field. Many IR professionals have a master's degree in one of these aforementioned majors.
Below, we've compiled a list of best practices to engage in when it comes to your investor relations strategy. Cover both the good and the bad. ... Stay visible. ... Adapt. ... Don't wing it. ... Target the correct accounts. ... Treat analysts and portfolio managers as equals. ... Ignore the stock rating. ... Mix up management.
Well-versed in securities law First and foremost, an investor relations representative must have a deep, up-to-date understanding of securities legislation. This ensures their communication with investors is timely, compliant, and consistent with management.
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.
Investor Relations Salary in Los Angeles, CA Annual SalaryHourly WageTop Earners$187,718$9075th Percentile$145,000$70Average$119,118$5725th Percentile$82,600$40
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.