How to Become a Commercial Banker
Commercial bankers serve the banking needs of the business community. Career tracks can range from working with deposits to investment banking. Starting salaries from commercial bankers are in the $40,000 to $50,000 range and experienced bankers can easily make six figures. The banking industry is experiencing consolidation and is facing tighter regulation than before but careers in commercial banking will continue to be lucrative and rewarding.
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Instructions
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Finish your bachelor's degree. Most every bank will require commercial bankers to have a four-year degree from an accredited institution. A major in business, finance or marketing is best.
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Sharpen up your people skills. Banking requires building relationships. Prospective employers will want to see you demonstrate a solid ability to work with clients and co-workers.
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Sharpen up your resume. You'll want to focus on any and all experience that is financial or sales-related. These categories of experience are the main ones that bank human resource managers will look for.
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Apply everywhere. Most cities have at least six to nine banks. Don't hesitate to apply at each one because you never know who's hiring.
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Consider getting licensed. Some commercial bankers also work with insurance and investment products. Consider getting licensed to sell these products as you will be able to do more for the bank if you have these licenses.
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Tips & Warnings
While an masters in business administration isn't a requirement to get into commercial banking, it doesn't hurt to have one.
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