How To Become An Associate Vice President: What It Is and Career Path

What is an associate vice president and how to become one

Updated January 8, 2025

4 min read

An associate vice president manages and oversees various departments or areas of a business, and are typically involved in strategic planning and decision-making. Associate vice presidents may also be responsible for developing and implementing policies and procedures, managing budgets and resources, and ensuring the organization is meeting its goals and objectives. In addition, they may be involved in recruiting, hiring, and training staff members.

ScoreAssociate Vice PresidentUS Average

Salary

8.6

Avg. Salary $137,944

Avg. Salary $59,228

Stability level

8.0

Growth rate 6%

Growth rate 0.3%

Diversity

3.4

Race

American Indian and Alaska Native 0.66%

Asian 8.83%

Black or African American 7.47%

Hispanic or Latino 12.51%

Unknown 4.69%

White 65.85%

Gender

female 37.52%

male 62.48%

Age - 47

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 47

Stress level

8.0

Stress level is high

7.1 - high

Complexity level

1.8

Complexity level is simple

7 - challenging

Work life balance

3.4

Work life balance is poor

6.4 - fair

What are the pros and cons of being an associate vice president?

Pros:

High level of responsibility and authority
Potential for high salary and benefits
Opportunities for professional growth and advancement
Access to resources and support to achieve goals
Opportunity to develop a broad range of skills and knowledge

Cons:

High levels of pressure and stress
Long hours and demanding workload
Need to navigate complex organizational structures and politics
Limited work-life balance
The requirement to make difficult decisions that can affect many people

Key steps to become an associate vice president

Explore associate vice president education requirements

Most common associate vice president degrees

Bachelor's

68.9 %

Master's

20.0 %

Associate

4.7 %

Start to develop specific associate vice president skills

Skills	Percentages
Healthcare	6.86%
Oversight	6.80%
Portfolio	6.31%
AVP	5.97%
Excellent Interpersonal	4.91%

Research associate vice president duties and responsibilities

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Manage yearly close process and external audit, financial statement preparation and in-house payroll processing.
Manage departmental internal and client SharePoint sites, leading to improve communication, document access and process information.
Include forecasting sales, managing expense levels, project portfolio forecasting and oversight, and broker-dealer financial statement preparation.

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