Post job

Credit risk management director education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a credit risk management director. Credit risk management directors usually study business, finance, or economics. 75% of credit risk management directors hold a bachelor's degree, and 21% hold an master's degree. We analyzed 230 real credit risk management director resumes to see exactly what credit risk management director education sections show.

The most common colleges for credit risk management directors are the New York University and the New York University.

There are also many online credit risk management director courses to help get the education required to be a credit risk management director.

What education do you need to become a credit risk management director?

What degree do you need to be a credit risk management director?

The most common degree for credit risk management directors is bachelor's degree, with 75% of credit risk management directors earning that degree. The second and third most common degree levels are master's degree degree at 21% and master's degree degree at 2%.
  • Bachelor's, 75%
  • Master's, 21%
  • Associate, 2%
  • Diploma, 1%
  • Other Degrees, 1%

What should I major in to become a credit risk management director?

You should major in business to become a credit risk management director. 28% of credit risk management directors major in business. Other common majors for a credit risk management director include finance and economics.

Most common colleges for credit risk management directors

Credit risk management directors often get their degrees at New York University, Old Dominion University, and University of North Carolina at Greensboro. Here are the most common colleges for credit risk management directors in the US based on their resumes.
Credit risk management director common collegePercentages
New York University8.89%
Old Dominion University8.89%
University of North Carolina at Greensboro6.67%
Western Michigan University4.44%
University of Pennsylvania4.44%

Best majors for credit risk management directors

RankMajorPercentages
1Business27.7%
2Finance21.4%
3Economics9.2%
4Accounting9.2%
5Political Science4.0%

Best colleges for credit risk management directors

The best colleges for credit risk management directors are Northwestern University, University of Pennsylvania, and Stanford University.

A credit risk management director with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for credit risk management directors. 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 credit risk management directors.

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 at Binghamton

Vestal, NY • Private

In-state tuition

$9,808

Enrollment

13,990

5. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

6. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

7. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

8. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

10. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

20 best online courses for credit risk management directors

Advertising disclosure

1. Intro to Commercial Credit Analysis, Credit Risk and Lending

udemy
4.4
(2,213)

Commercial Credit Underwriting Lending & Commercial Credit Financial Analysis Credit Risk Foundations...

2. The Credit Analyst Training course

udemy
4.1
(3,058)

Learn the complete Credit Risk Analysis skills for jobs in Banks, Asset Management & Credit Rating Agencies...

3. Credit Repair: The Total Guide to a Great Credit Score

udemy
4
(673)

Credit Repair: A step-by-step plan to begin improving your credit within one hour of starting! Over 7,000 students!...

4. Banking Credit Analysis Process (for Bankers)

udemy
4.5
(2,917)

Course for Bankers, Consultants and managers to Understand Credit Analysis Process from Indian Context...

5. Credit Risk Modeling in Python

udemy
4.6
(5,629)

A complete data science case study: preprocessing, modeling, model validation and maintenance in Python...

6. Option Spreads and Credit Spreads Bundle

udemy
4.7
(947)

This 2-course bundle on Option spreads and Credit Spreads surgery is the bedrock of stable Monthly Strategies...

7. Informed Risk Taking: Risk Management Process - Analysis

udemy
4.5
(1,247)

Risk Management Strategies : Risk Analysis Techniques : Risk Management Principles : Risk Management Process : Methods...

8. Introduction to Compliance Risk Management CRM

udemy
4.1
(300)

Compliance risk management CRM for Compliance, Risk Management, Internal Audit and IS Security Professionals...

9. Certified Risk Management FMEA ISO 31000 Expert Accredited

udemy
4.6
(734)

Certified Risk Management Expert ISO 31000: 2018 FMEA Enterprise Risk Management Risk Assessment Risk Analysis...

10. Learn Risk Management: Risk Planning in Agile and Scrum

udemy
4.4
(712)

Complete Risk Management and Risk Planning Training: Identify Project Risks, Create Risk Plan and Monitor Risks in Scrum...

11. Operational Risks Management ORM

udemy
4.3
(1,174)

Operational Risks Management ORM Case Studies for Risk Management, Compliance, Audit, IS Security, Banking Professionals...

12. #1 Kick A#S Credit Repair Course - Fully Loaded 150+ Letters

udemy
4.6
(329)

Step By Step Course With 150+ Dispute Letter Templates, Dispute Flowchart,Diy Credit Repair Workbook, Ebooks And More!...

13. Step-by-Step Guide to Getting the Business Credit You Need

udemy
4.8
(324)

The most comprehensive, step-by-step course to set up any business with credit...

14. Risk Management: An Introduction

udemy
4
(697)

An essential guide to understanding Risk Management...

15. Project Management Fundamentals: Risk Management

udemy
4.4
(504)

Without risk, there can be no reward. Learn how to your risks it into your allies...

16. Project Risk Management

udemy
4.3
(1,800)

Practice of identifying , analyzing, prioritizing and mitigating risks...

17. Risk Management for Cybersecurity and IT Managers

udemy
4.5
(15,797)

The management's guide to understanding Risk Management decisions in cybersecurity and information technology (IT)...

18. ISO 31000. Risk manager training

udemy
4.5
(2,351)

Understand the framework for managing risk proposed by ISO 31000 and the risk techniques of IEC 31010...

19. Financial Risk Management (FRM): Foundational FRM Principles

udemy
4.5
(960)

Minimize Financial Risks While Maximizing Financial Reward. + Financial Risk Management (FRM) Process Implementation...

20. Risk Management for PMI Certification

udemy
4.5
(642)

Get Ready for PMI Risk Management Professional Certification Exam...

Top 10 most affordable universities for credit risk management directors

The most affordable schools for credit risk management directors are Baruch College of the City University of New York, suny farmingdale, and usf sarasota-manatee.

If the best universities for credit risk management directors 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 credit risk management directors.

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. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

3. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

4. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

5. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

6. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

7. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

8. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

9. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

10. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

Top 10 hardest universities to get into for credit risk management directors

The hardest universities for credit risk management directors to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for credit risk management directors 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 credit risk management directors 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. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

4. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

5. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

6. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

7. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

8. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

9. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

10. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

Top 10 easy-to-apply-to universities for credit risk management directors

The easiest schools for credit risk management directors to get into are Oklahoma Wesleyan University, holy names university, and barry university.

Some schools are much easier to get into. If you want to start your career as a credit risk management director 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 credit risk management directors.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

6. La Roche College

Pittsburgh, PA • Private

Admissions rate

99%

SAT average

1,008

7. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

8. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

9. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

10. LIM College

New York, NY • Private

Admissions rate

83%

SAT average

1,061

Average credit risk management director salary by education level

Credit risk management directors with a Doctorate degree earn more than those without, at $204,297 annually. With a Master's degree, credit risk management directors earn a median annual income of $192,823 compared to $164,688 for credit risk management directors with an Bachelor's degree.
Credit risk management director education levelCredit risk management director salary
Master's Degree$192,823
High School Diploma or Less$128,243
Bachelor's Degree$164,688
Doctorate Degree$204,297
Some College/ Associate Degree$128,224

Credit risk management director education FAQs

Search for credit risk management director jobs

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse executive management jobs