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What is a Group Vice President

Group vice presidents hold an executive role in organizations, usually reporting to the CEO or the president of the company. They supervise a particular group or department and play a leading role in high-level organizational decisions and daily operations.

Some of the duties that they perform in this capacity include overviewing daily operations, setting performance and financial goals, preparing and allocating budget, seeking new business tools and methods, evaluating the group's profits and revenue, and guiding and supporting managers and other personnel working under their leadership. Educational requirements include a bachelor's degree in management or a relevant field, but a master's degree will be given preference, as this is a senior position. Moreover, industry-specific prior experience in a managerial or executive role is also desirable. Essential skills include leadership, organizational, motivational, communication, and interpersonal.

With all these responsibilities come generous compensations and rewards. The average hourly pay for the position is $83.28, which amounts to $173,221 annually. The career is projected to grow substantially in the near future and create new opportunities all over the United States.

There is more than meets the eye when it comes to being a Group Vice President. For example, did you know that they make an average of $91.75 an hour? That's $190,838 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Group Vice President Do

There are certain skills that many Group Vice Presidents have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Detail oriented, Math skills and Analytical skills.

Learn more about what a Group Vice President does

How To Become a Group Vice President

If you're interested in becoming a Group Vice President, one of the first things to consider is how much education you need. We've determined that 73.0% of Group Vice Presidents have a bachelor's degree. In terms of higher education levels, we found that 18.9% of Group Vice Presidents have master's degrees. Even though most Group Vice Presidents have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Group Vice President. When we researched the most common majors for a Group Vice President, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Group Vice President resumes include Associate Degree degrees or Doctoral Degree degrees.

You may find that experience in other jobs will help you become a Group Vice President. In fact, many Group Vice President jobs require experience in a role such as Vice President. Meanwhile, many Group Vice Presidents also have previous career experience in roles such as Assistant Vice President or President.

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And if you’re looking for a job, here are the five top employers hiring now:

  1. Citigroup Jobs (40)
  2. Morgan Stanley Jobs (27)
  3. The Bank of New York Mellon Jobs (13)
  4. Macy's Jobs (20)
  5. BlackRock Jobs (34)
Average Salary
$190,838
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
56,725
Job Openings
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Group Vice President Career Paths

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Average Salary for a Group Vice President

Group Vice Presidents in America make an average salary of $190,838 per year or $92 per hour. The top 10 percent makes over $284,000 per year, while the bottom 10 percent under $127,000 per year.
Average Salary
$190,838
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5 Group Vice President Resume Examples

Learn How To Write a Group Vice President Resume

At Zippia, we went through countless Group Vice President resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Group Vice President Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. Citigroup Jobs (40)
  2. Morgan Stanley Jobs (27)
  3. The Bank of New York Mellon Jobs (13)
  4. Macy's Jobs (20)
  5. BlackRock Jobs (34)

Choose From 10+ Customizable Group Vice President Resume templates

Zippia allows you to choose from different easy-to-use Group Vice President templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Group Vice President resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Group Vice President Demographics

Group Vice President Gender Distribution

Male
Male
72%
Female
Female
29%

After extensive research and analysis, Zippia's data science team found that:

  • Among Group Vice Presidents, 28.5% of them are women, while 71.5% are men.

  • The most common race/ethnicity among Group Vice Presidents is White, which makes up 67.8% of all Group Vice Presidents.

  • The most common foreign language among Group Vice Presidents is Spanish at 34.1%.

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Group Vice President Education

Group Vice President Majors

26.4 %
15.3 %

Group Vice President Degrees

Bachelors

73.0 %

Masters

18.9 %

Associate

3.9 %

Top Colleges for Group Vice Presidents

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
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Top Skills For a Group Vice President

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 7.2% of Group Vice Presidents listed Healthcare on their resume, but soft skills such as Detail oriented and Math skills are important as well.

Best States For a Group Vice President

Some places are better than others when it comes to starting a career as a Group Vice President. The best states for people in this position are Washington, Connecticut, Michigan, and New York. Group Vice Presidents make the most in Washington with an average salary of $212,312. Whereas in Connecticut and Michigan, they would average $204,355 and $194,048, respectively. While Group Vice Presidents would only make an average of $192,946 in New York, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Connecticut

Total Group Vice President Jobs:
287
Highest 10% Earn:
$272,000
Location Quotient:
1.16
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Washington

Total Group Vice President Jobs:
484
Highest 10% Earn:
$274,000
Location Quotient:
0.89
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Delaware

Total Group Vice President Jobs:
237
Highest 10% Earn:
$260,000
Location Quotient:
2.53
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Group Vice Presidents

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Top Group Vice President Employers

Most Common Employers For Group Vice President

RankCompanyZippia ScoreAverage Group Vice President SalaryAverage Salary
1$247,900
2$226,939
3$226,643
4$212,572
5$203,809
6$196,897

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