Credit Manager Career Path

Are you thinking of becoming a Credit Manager or already started your career and planning the next step? Learn how to become a Credit Manager, what skills you need to succeed, how to advance your career and get promoted, and what levels of pay to expect at each step on your career path. Explore new Credit Manager job openings and options for career transitions into related roles.

How to Become a credit manager

If you're considering starting your Credit Manager career path, it's important to note the skills, qualifications, and time it takes to become a professional Credit Manager and how to advance your career path. Below are the steps generally required to begin and advance your Credit Manager career.


Earn a Degree

To begin your Credit Manager career path, a Bachelor's Degree in Business or a related field is usually necessary in order to remain a competitive option for employers. Focus on industry-specific skill development during your education in order to be properly equipped when applying for entry-level positions and entering the job force. A Credit Manager internship may be required to earn your Bachelor's Degree and acquire necessary on-the-job skills before entering the workforce.


Choose a Specialty in Your Field

As an Credit Manager, you may be required to choose a specialty within your field. Determine which part of the Credit Manager field you feel strongest in, and continue taking active steps toward growing in your chosen Credit Manager specialty.


Get an Entry-Level Position as a Credit Manager

Once you've acquired a Bachelor's Degree in Business or a related field, you'll typically begin your career as an entry-level Credit Manager. In general, you can become a Credit Manager after completing your 4 year Bachelor's Degree in a related discipline. Depending on the type of Credit Manager role you’re pursuing, you may want to explore certification in certified credit executive cce.


Advance in Your Credit Manager Career

Following entry-level, there are several Credit Manager career path levels to advance into. It can take 2 years as an entry-level Credit Manager to progress to the next seniority level position. Each advanced Credit Manager position requires approximately 2 years of experience at each level to advance in your Credit Manager career path. It may be necessary to receive additional education, an advanced degree such as a Master's Degree in a related field, or special certifications in order to advance your Credit Manager career path.


Continued Education for Your Credit Manager Career Path

Not all industries and companies require continued education to advance your Credit Manager career path. However, earning this degree may help you advance to higher-earning positions more quickly. Earning a Graduate Degree in Business can take 4 years to complete. People that have earned their Graduate Degree typically make $107,825 compared to $33,092 for those without that type of degree.

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Related careers in the Finance & Accounting Industry

Interested in other Finance & Accounting careers? Below are occupations that have high affinity with Credit Manager skills. Discover some of the most common Credit Manager career transitions, along with skills overlap.

Financial Analyst
0% skills overlap
21% transitioned to Financial Analyst