How to become a credit manager
You can get into this job through:
- a university course
- a college course
- an apprenticeship
- working towards this role
- applying directly
University
You could do a foundation degree or degree in business, finance or accounting.
Entry requirements
You'll usually need:
- at least 1 A level, or equivalent, for a foundation degree
- 2 to 3 A levels, or equivalent, for a degree
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College
You could take a college course like a Level 3 Diploma in Business. You could then apply for jobs with a credit control company.
Courses in accounts or finance are also suitable.
Entry requirements
You'll usually need:
- 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, for a level 3 course
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Apprenticeship
You could complete a credit controller advanced apprenticeship, then apply for a management trainee post.
This apprenticeship usually takes around 18 months to complete as a mix of on the job learning and study.
Entry requirements
You'll usually need:
- 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths, for an advanced apprenticeship
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Work
You could start as a credit controller with a company and take training on the job to move into a management role.
Training could include qualifications like the Level 3 Diploma in Credit Management offered by the Chartered Institute of Credit Management (CICM).
The CICM also has qualifications in areas like debt collection, enforcement action and senior management.
Direct Application
There are no set requirements to apply directly for jobs, but most credit managers have experience and qualifications as credit controllers, sales administrators or debt collection agents.
You could also move into this work from other financial areas like accountancy and banking.
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Further information
You can find out more about working and training in credit control from the Chartered Institute of Credit Management.