by our College Data Analytics TeamStudying Credit Management covers Credit Management. A Program That Prepares Individuals To Perform And/or Manage Operations Concerning Personal And Corporate Credit, Collateral, Loan Processing, And Related Financial Agency Communications. Includes Instruction In General Finance And Banking Principles, Insurance, Real Estate, Taxation, Business Law And Regulations, Quantitative Methods, Financial Computer Systems Applications, Database Management, Communications Skills, Business And Office Management, And Professional Standards And Ethics. Examples: [Mortgage Broker]. Read on to learn the important information every credit management major should know — including career paths, salary data, the skills you will develop, and the best colleges offering credit management programs.
Across the country, credit management draws strong interest, with 4 degrees awarded annually.
Our 2026 Best Credit Management Schools ranking analyzes these 3 schools to determine the best overall colleges for credit management students. Continue reading to check out one of our many unbiased rankings of credit management programs later in this article.
Coursework for Credit Management emphasize a specific mix of skills, knowledge, and abilities — derived from O*NET surveys of workers in the occupations credit management graduates commonly enter.
Skills emphasized by a credit management program reflects the day-to-day work of related occupations:
Per O*NET surveys, a credit management major emphasizes the following knowledge areas:
There are several credit management degree levels. The table below shows the typical length of the most common levels, and how many graduates earn each one.
| Degree | Typical Program Length | Graduates Annually |
|---|---|---|
| Master’s Degree | 1-3 years | 4 |
People currently working in careers related to credit management tend to have obtained the following education levels.
| Level of Education | Percentage of Workers |
|---|---|
| Bachelor’s degree | 59.2% |
| Master’s degree | 12.6% |
| High school diploma or equivalent | 12.0% |
| Some college courses | 5.1% |
| Associate’s degree (or other 2-year) | 4.2% |
| Postsecondary certificate | 3.2% |
| Post-baccalaureate certificate | 2.7% |
| First professional degree | 0.8% |
| Post-master’s certificate | 0.2% |
See the chart below to get an idea of what level of education most of those in credit management careers hold.
Source: ONET Online education / training / experience requirements.*
Studying credit management prepares you for many career paths. Below are some of the most common occupations related to credit management.
The following options are some of the most in-demand careers related to credit management.
| Occupation | Projected Jobs | Expected Growth |
|---|---|---|
| Credit Counselors | 382,273 | -3.6% |
| Loan Officers | 301,271 | 0.6% |
| Credit Analysts | 274,988 | -3.7% |
| Treasurers and Controllers | 229,662 | 0.6% |
| Investment Fund Managers | 185,925 | 14.1% |
| Financial Managers | 145,690 | 9.0% |
Federal data tracks median earnings of credit management graduates 1, 4, and 5 years after completion. These numbers tend to grow as graduates gain experience.
| Years Out | Median Earnings |
|---|---|
| 1 year | $60,617 |
| 4 years | $75,528 |
| 5 years | $88,287 |
Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker.
Salaries for credit management graduates vary widely by occupation. The following table shows the top highest-paying careers credit management grads often go into.
| Occupation | Median Annual Salary |
|---|---|
| Treasurers and Controllers | $162,461 |
| Investment Fund Managers | $157,819 |
| Credit Counselors | $86,279 |
| Loan Officers | $79,088 |
| Financial Managers | $75,665 |
| Credit Analysts | $66,233 |
With 3 different credit management programs to choose from, finding the best fit can be a challenge. We have analyzed these schools to produce unbiased credit management school rankings to help you.
Students interested in credit management, you may also want to explore other closely related fields of study within the same broad area.
| Related Major | Annual Graduates |
|---|---|
| Finance, General | 49,828 |
| Financial Planning and Services | 5,773 |
| Banking and Financial Support Services | 992 |
| Investments and Securities | 414 |
| Finance and Financial Management Services, Other | 363 |
| International Finance | 124 |
| Public Finance | 63 |
| Financial Risk Management | 3 |
More about our data sources and methodologies.
