IT Asset Management Jobs: What you Need to Know

Acquiring IT asset management jobs requires certain skills. However, to be successful in this growing, profitable industry, you should also know what businesses in your field value, what the job entails, and what different jobs are available within that field.

Read on to learn more about IT asset management jobs and why this growing skill-based career will only continue to be more profitable as time goes on.

What is Asset Management?

The term “asset management” covers several job fields. Many of these require higher education, as well as financial and technical certificates. However, all of these jobs have education and expertise in common.

Asset managers often start with a degree in a finance field. They often work for large firms managing their financial portfolio. With an undergraduate business degree, many aspiring asset managers earn higher degrees in business or finance to get noticed by large financial firms.

With a little less experience, asset managers can get started at a local bank. They also need IT asset managers to organize their portfolios and bring them into this century in terms of management tools.

Additionally, IT asset managers could become financial advisors. If you get the proper license, you can sell funds, annuities, and insurance yourself. Of course, working for yourself requires a different kind of management. The commodity, in that case, would be you. Also, you wouldn’t have the infrastructure of an established company to lean on.

What Skills do you Need?

As an IT asset manager, you will have a lot of responsibilities within a company’s IT department. These duties could include:

• Purchasing software and hardware and ordering required maintenance
• Assessing management tools, such as tracking asset data and making reports
• Conducting audits through the system
• Creating service contracts
• Tracking asset life cycles and inventory
• Keeping licenses and documents up to date
• Recommending better asset management tools

These skills are in high demand at both large firms and smaller local ones. Up-to-date asset management makes a company appear more professional, pass audits, and remain compliant. Great IT asset managers can even work with management staff to better control documents and configure procedures.

While you won’t need all of these skills right away, they will likely become part of your financial education training. Additionally, these skills will make you desirable in the higher rungs of IT management fields. If you plan on working for a large Wall Street Fund, you’ll need these skills under your belt.

The Takeaway

IT asset management jobs provide a secure future for those who have the right educational background. Companies need their assets managed properly, including software licenses, procedures, and data tracking processes. Experience in finance can help you move into this field and become a desired asset for many large firms, local banks, and other funds that want their processes updated.

This field will only increase in importance as time goes on. Additionally, even government institutions employ IT asset managers. Compliance assurance may not seem like the most romantic skill at first, but many large companies would beg to differ. In their eyes, it makes you quite a catch.