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Bank reconciliator education requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become a bank reconciliator. Bank reconciliators usually study accounting, business, or finance. 53% of bank reconciliators hold a bachelor's degree, and 24% hold an associate degree. We analyzed 116 real bank reconciliator resumes to see exactly what bank reconciliator education sections show.
The most common colleges for bank reconciliators are the LaGrange College and the LaGrange College.
There are also many online bank reconciliator courses to help get the education required to be a bank reconciliator.
What education do you need to become a bank reconciliator?
What degree do you need to be a bank reconciliator?
- Bachelor's, 53%
- Associate, 24%
- Diploma, 9%
- High School Diploma, 6%
- Other Degrees, 8%
What should I major in to become a bank reconciliator?
- Accounting, 35%
- Business, 26%
- Finance, 7%
- General Studies, 3%
- Other Majors, 29%
Most common colleges for bank reconciliators
| Bank reconciliator common college | Percentages |
|---|---|
| LaGrange College | 9.09% |
| Plaza College | 9.09% |
| Missouri State University | 4.55% |
| Southwestern University | 4.55% |
| Wayne State College | 4.55% |
Best majors for bank reconciliators
| Rank | Major | Percentages |
|---|---|---|
| 1 | Accounting | 35.3% |
| 2 | Business | 26.5% |
| 3 | Finance | 7.4% |
| 4 | General Studies | 2.9% |
| 5 | Biology | 2.9% |
Best colleges for bank reconciliators
The best colleges for bank reconciliators are Northwestern University, University of Pennsylvania, and University of Southern California.
A bank reconciliator with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for bank reconciliators. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become bank reconciliators.
1. University of Pennsylvania
Philadelphia, PA • Private
In-state tuition
$55,584
Enrollment
10,764
2. Northwestern University
Evanston, IL • Private
In-state tuition
$54,568
Enrollment
8,451
3. University of Southern California
Los Angeles, CA • Private
In-state tuition
$56,225
Enrollment
19,548
4. SUNY Stony Brook
Stony Brook, NY • Private
In-state tuition
$9,625
Enrollment
17,407
5. Boston University
Boston, MA • Private
In-state tuition
$53,948
Enrollment
17,238
6. New York University
New York, NY • Private
In-state tuition
$51,828
Enrollment
26,339
7. University of Minnesota - Twin Cities
Minneapolis, MN • Private
In-state tuition
$14,760
Enrollment
31,451
8. Howard University
Washington, DC • Private
In-state tuition
$26,756
Enrollment
6,166
9. Georgetown University
Washington, DC • Private
In-state tuition
$54,104
Enrollment
7,089
10. Western Carolina University
Cullowhee, NC • Private
In-state tuition
$3,926
Enrollment
9,835
20 best online courses for bank reconciliators
Advertising disclosure
1. Bank Reconciliation Statement using Excel - Easy Guide
Keep a track of Your Bank Balance through a Bank Reconciliation Statment and Develop your own Template...
2. Bank Reconciliations & Cash Internal Controls
Mastering Internal Controls and Cash Management: Safeguarding Business Assets and Ensuring Financial Accuracy...
3. QuickBooks Online: Bank Feeds & Bank Reconilications
2021 UPDATE. Categorizing transactions, matching, bank reconciliations, Pay Pal, and troubleshooting balances...
4. Financial Accounting & Excel-Comprehensive Accounting Course
Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...
5. Audit - Financial Statement
Master the Art of Auditing Financial Statements: In-Depth Analysis, Techniques, and Real-World Case Studies...
6. Financial Accounting: A Comprehensive Guide with E-book
Unlock Financial Accounting Mastery: Comprehensive Course for Students, Professionals, and Business Owners...
7. Financial Accounting-Adjusting Entries & Financial Statement
Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...
8. SAP FICO-Electronic Bank Statement(EBS)+Lockbox
SAP FI CO, SAP Finance, SAP Controlling, SAP Financial Accounting, SAP Electronic Bank Statement MT940 ,BAI2, LOCKBOX...
9. Understand Banks & Financial Markets
The world of financial markets: participants, products, trading motives, pricing and structure...
10. Investment Banking: The Complete Financial Ratio Analysis
Investment Banking For Investors & Financial Analysts - How to Perform Financial Statement Analysis & Company Valuation...
11. 3-in-1 Banking, Banking Risk and Compliance Masterclass
The essentials of the banking business (business model, compliance, others), financial risk management and compliance...
12. Xero Bookkeeping & Accounting, w/ Set-up & Reporting
From Set-up to Bookkeeping, Accounting, Reporting, & Financial Statements in Xero with a Certified Xero Advisor...
13. Financial Accounting-Debits & Credits-Accounting Transaction
Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...
14. SAP Vendor Invoice Management(VIM) by OpenText
SAP Finance Vendor Invoice Management, Open text VIM, Account payable automation - Basic to Advanced Level Course...
15. Business Banking 101
Everything You Ever Wanted to Know About Getting a Bank Loan...
16. Become Top Banker With Complete Bank Teller Training - 2023
Bank Teller Interview Training, Get Job As A Bank Teller. Be the Best Cashier/Teller, Prepare for your Promotion...
17. Accounting basics, create financial statements easily
Discover, develop, practice your financial information and explore the world of accounting...
18. Accounting, Finance and Banking - A Comprehensive Study
Learn Fundamentals to Advanced Concepts of three different but interrelated domains in a single course...
19. Accounts Payable in SAP
Learn Accounts Payable sub-module of SAP FICO in this step-by-step training course. Become a successful SAP Consultant...
20. Financial Statement Auditing Cycles
In this course, we learn how public accountants plan and execute an audit...
Top 10 most affordable universities for bank reconciliators
The most affordable schools for bank reconciliators are Baruch College of the City University of New York, university of florida, and california state university - dominguez hills.
If the best universities for bank reconciliators are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for bank reconciliators.
1. Baruch College of the City University of New York
New York, NY • Private
In-state tuition
$7,262
Cost of attendance
14,046
2. University of Florida
Gainesville, FL • Private
In-state tuition
$6,381
Cost of attendance
21,034
3. California State University - Dominguez Hills
Carson, CA • Private
In-state tuition
$6,942
Cost of attendance
14,469
4. California State University - Long Beach
Long Beach, CA • Private
In-state tuition
$6,798
Cost of attendance
18,306
5. Florida International University
Miami, FL • Private
In-state tuition
$6,556
Cost of attendance
19,434
6. USF Sarasota-Manatee
Sarasota, FL • Private
In-state tuition
$5,587
Cost of attendance
13,043
7. SUNY Farmingdale
Farmingdale, NY • Private
In-state tuition
$8,306
Cost of attendance
16,091
8. Florida Atlantic University
Boca Raton, FL • Private
In-state tuition
$4,831
Cost of attendance
19,559
9. Brooklyn College of the City University of New York
Brooklyn, NY • Private
In-state tuition
$7,240
Cost of attendance
13,991
10. University of South Florida
Tampa, FL • Private
In-state tuition
$6,410
Cost of attendance
20,456
Top 10 hardest universities to get into for bank reconciliators
The hardest universities for bank reconciliators to get into are Northwestern University, University of Pennsylvania, and University of Southern California.
Some great schools for bank reconciliators are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for bank reconciliators based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.
1. Northwestern University
Evanston, IL • Private
Admissions rate
8%
SAT average
1,508
2. University of Pennsylvania
Philadelphia, PA • Private
Admissions rate
8%
SAT average
1,492
3. University of Southern California
Los Angeles, CA • Private
Admissions rate
13%
SAT average
1,445
4. New York University
New York, NY • Private
Admissions rate
20%
SAT average
1,419
5. Vanderbilt University
Nashville, TN • Private
Admissions rate
10%
SAT average
1,514
6. Boston University
Boston, MA • Private
Admissions rate
22%
SAT average
1,420
7. Carnegie Mellon University
Pittsburgh, PA • Private
Admissions rate
17%
SAT average
1,507
8. Washington University in St Louis
Saint Louis, MO • Private
Admissions rate
15%
SAT average
1,506
9. University of Rochester
Rochester, NY • Private
Admissions rate
29%
SAT average
1,422
10. George Washington University, The
Washington, DC • Private
Admissions rate
42%
SAT average
1,380
Top 10 easy-to-apply-to universities for bank reconciliators
The easiest schools for bank reconciliators to get into are Barry University, oklahoma wesleyan university, and ottawa university.
Some schools are much easier to get into. If you want to start your career as a bank reconciliator without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for bank reconciliators.
1. Barry University
Miami, FL • Private
Admissions rate
91%
SAT average
1,006
2. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions rate
68%
SAT average
964
3. Ottawa University
Ottawa, KS • Private
Admissions rate
78%
SAT average
1,024
4. D'Youville College
Buffalo, NY • Private
Admissions rate
100%
SAT average
1,072
5. University of the Incarnate Word
San Antonio, TX • Private
Admissions rate
88%
SAT average
1,044
6. Notre Dame College
Cleveland, OH • Private
Admissions rate
90%
SAT average
994
7. Kean University
Union, NJ • Private
Admissions rate
86%
SAT average
991
8. Saint Joseph's College of Maine
Standish, ME • Private
Admissions rate
84%
SAT average
1,069
9. Holy Family University
Philadelphia, PA • Private
Admissions rate
72%
SAT average
1,017
10. Holy Names University
Oakland, CA • Private
Admissions rate
70%
SAT average
849
Average bank reconciliator salary by education level
| Bank reconciliator education level | Bank reconciliator salary |
|---|---|
| Master's Degree | $36,501 |
| High School Diploma or Less | $36,262 |
| Bachelor's Degree | $36,834 |
| Some College/ Associate Degree | $36,335 |
Bank reconciliator education FAQs
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Updated January 8, 2025
Updated January 8, 2025