LIKE MY JOB?

WHERE’S THE MONEY?

Education Times is launching a new column that will feature the most interesting jobs in the market today

SHALINI SENGUPTA

STUDY, STUDY!

    
I am a Physics major, and then did an MBA from the Goa Institute of Management. I was one of the star alumni of the institute.

GETTING HERE

    
It was totally a step-by-step beginning, in fact quite a modest start with Karvy Consultants and then UTI Securities Exchange Limited (UTISEL) as dealer/broker. I also set up the depository services for the organisation and I went on to becoming the Regional Head.

ONE DAY ON THE JOB

    
My day starts at 9 in the morning. The first half hour usually goes in e-mailing people and answering mail. Most of the creative work is done in the morning. Day-to-day administrative work, thought provoking concepts, portfolios, structuring of ideas into concrete plans take up most of my day. My team starts updating me on the markets from 10 am as the market opens at that time. They usually track major movements in the international markets like crude oil price, dollar depreciation. I have a late lunch at 3 pm as the market closes by 3.30 in the afternoon. In the evening, most of my time goes into researching any particular stock or looking at new ideas. I am home by 6.30 in the evening.

WALLET FACTOR

    I started with Rs 5,000 a month and after that I earned a decent salary with Azim Premji as his CIO and personal wealth advisor. Right now I am on my own with my firm Das Capital Management & Advisors Private Ltd.Today, an experienced wealth manager in the corporate sector can earn as much as Rs 75 lakh- 2 crore per annum.

THE BEST PART ...

    
Time to spend with your family is adequate along with job satisfaction. At the age of 34, I am running my own firm and our biggest strength is handling NRIs. My job gives me independence to do what I want to with my firm.

IF ONLY ...

    
If I had been in the corporate scenario today I would have made huge money as I have said how much an experienced wealth manager can earn.

BENCHMARK

    
My brother Tanmay Das who’s also the co-founder of my company and Azim Premji.

TIPPING POINT

    
Integrity, integrity and integrity. This is the cornerstone of the profession. We deal with trust and it is very difficult to build trust in this world. One should communicate trust to build one’s career.

CAREER:

WEALTH ADVISOR

PROFILE: Mrumnay Das, Founder Director, Das Capital Management & Advisors Private Ltd. He is a Wealth Advisor, working with some of the most reputed Wealth Management brands in the country like BNP and DSP Merrill Lynch. During his stint as a Wealth Advisor with DSPML, he was chosen by Azim Premji to join him as the CIO and Personal Advisor for his family wealth and managed one of the largest domestic corpus committed to equity and related investment to the tune of about half a billion US Dollars. At the age of 34, he is now heading his own wealth management company — Das Capital Management & Advisors Private Ltd.


Mrumnay Das