Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Best revenue manager certifications
Revenue manager certifications allow job seekers to demonstrate their competency as an revenue manager to employers. However, not all revenue manager certifications provide the same value for job seekers.
The best certifications for a revenue manager are Certified Revenue Management Executive (CRME), Certified Hospitality Revenue Manager (CHRM), and Certified Management Accountant (CMA).
Below is a list of the best revenue manager certifications. Obtaining an revenue manager certification will give you a leg up when you apply for jobs and increase your potential salary.
6 best certifications for revenue managers
| Rank | Revenue manager certification | Organization |
|---|---|---|
| 1 | Certified Revenue Management Executive (CRME) | HSMAI |
| 2 | Certified Hospitality Revenue Manager (CHRM) | AHLAEI |
| 3 | Certified Management Accountant (CMA) | IMA |
| 4 | Certified Manager Certification (CM) | ICPM |
| 5 | Managed Healthcare Professional (MHP) | HIAA |
| 6 | Program Management Professional (PgMP) | PMI |
6 best revenue manager certifications
1. Certified Revenue Management Executive (CRME)
Individuals working in revenue management in the hospitality industry, if they meet the minimum qualifications, can take pursue the Certified Revenue Management Executive certification, offering them a chance to confirm their knowledge, experience, and capabilities in their field. The CRME designation is recognition that you are: A professional in the field of revenue management and clearly conversant with its intricacies and importance; Competent to develop an infrastructure to support revenue management within the framework of an organization; Able to maximize revenue opportunities and optimize profits by managing revenue; Capable of making informed decisions to accept or reject pieces of business to meet overall organizational goals. Proficient at the art and science of revenue management.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
2. Certified Hospitality Revenue Manager (CHRM)
Today's successful revenue managers must have effective management expertise as well as practical forecasting techniques, and sound judgment. They must keep pace with change, improve their knowledge, and share their experience with others. The Certified Hospitality Revenue Manager (CHRM) designation provides recognition for these skills.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
3. Certified Management Accountant (CMA)
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
4. Certified Manager Certification (CM)
The Certified Manager Animal Resources (CMAR) certification program is designed to raise competency and professionalism in the field of Animal Resources Management. The CMAR designation involves a series of four examinations: three exams arranged via an organization called the Institute for Certified Professional Managers (ICPM), and the Animal Resources Exam offered by AALAS. Obtaining the CMAR designation is a sign of professionalism in the field of animal resources management.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
5. Managed Healthcare Professional (MHP)
Earning the Center's MHP designation means that you've acquired the knowledge and skills to pursue a management position in the health insurance industry. You'll learn about management roles and organizational structures of managed care, as well as its operation and administration. And, you'll understand the unique developments and trends that have shaped managed care, as well as the policies and processes of the regulatory arena and evaluation measurements that determine the quality of managed care plans.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? No
6. Program Management Professional (PgMP)
Project Management Institute's newest credential is specifically developed to acknowledge the qualifications of the professional who leads the coordinated management of multiple projects and ensures the ultimate success of a program. You will benefit from the many advantages of this new designation. Candidates earning this credential will be internationally recognized as professionals with the knowledge and experience to make and implement the important decisions and accomplish the strategic objectives that enhance business results.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
What is the best certification for a revenue manager?
The best revenue manager certification is Certified Revenue Management Executive (CRME). The Certified Revenue Management Executive (CRME) is awarded by the Hospitality Sales & Marketing Association International. The advanced certification is for more experienced employees as it often requires some work experience to acquire.
Here's a bit more background on how to obtain this revenue manager certification:
- To become a certified Certified Revenue Management Executive (CRME), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every 3 year.
What are some of the most in-demand certifications for revenue managers?
The most in-demand revenue manager certification is Certified Revenue Management Executive based on all active job postings. Having this revenue manager certification will give you access to more revenue manager jobs with higher salaries.
What certifications can impact a revenue manager career and salary?
The Certified Revenue Management Executive certification will help you to secure a managing director position, which will increase your pay and career trajectory. A managing director's average salary is $160,351 whereas revenue managers make an average salary of $86,270.
The most common combination of revenue manager certifications include: Certified Revenue Management Executive (CRME), Certified Hospitality Revenue Manager (CHRM), and Certified Management Accountant (CMA).
Online courses for revenue managers to earn certifications
1. Product Management (Part Time)
Balance business viability, technical feasibility, and customer desire to lead products and features toward long-term success. Learn from a seasoned expert. This course is offered in person and live online, in a remote classroom setting...
2. Digital Marketing (Part Time)
Build confidence and capability to apply modern marketing strategies on the job. Drive growth with multichannel campaigns powered by data and customer insight. This course is offered in person and live online, in a remote classroom setting...
3. Predictive Analytics for Business
Learn to apply predictive analytics and business intelligence to solve real-world business problems...
4. Marketing Analytics
Gain an in-depth understanding of Google Analytics and marketing analytics. Analyze data and build models with Excel, Data Studio, and create informative data visualizations with Tableau...
5. Hotel Management: Distribution, Revenue and Demand Management
Market hospitality services, manage demand, and optimize revenue.\n\nThis Specialization covers the basics of hotel demand management, distribution, and revenue management. You’ll learn how e-commerce intermediaries such as online travel agencies are impacting the already-complex hospitality sector, and you’ll explore tools and techniques that will help you effectively market hospitality services and maximize business revenue in this new global industry landscape. In the final Capstone Project,...
6. Demand management: Breaking down today’s commercial silos
The biggest challenge facing the hospitality industry over the next 5 years is the lack of integration between the key commercial disciplines of sales, revenue, distribution and finance and the negative impact this will continue to have on delivering asset value and maximum profitability. This course, spread over 4 key modules: Asset Management Demand Generation Digital Marketing Demand Optimisation aims to break down these commercial silos and reveal the journey from long-term asset...
7. Hotel Management - Revenue Management for Beginners
Hotel Revenue Management Concepts of Yield Management Market Segmentation Pricing Strategies Tools Indices...
8. Revenue Cycle and Healthcare Finance - Rev Cycle Ready
Develop a Major Competitive Advantage By Learning Big Data Analysis in: Denials, RVUs, Write-Offs, and the Revenue Cycle...
9. Product Manager
Envision and lead the product strategy of industry-defining products, and learn to successfully bring them to market. Influence the execution of product development as a Product Manager, one of the most highly-coveted roles in technology...
10. Data Product Manager
Leverage data to build products that deliver the right experiences, to the right users, at the right time. Lead the development of data-driven products that position businesses to win in their market...
11. Freemium Principles: Design F2P Games that Generate Revenue
Learn how to Develop & Design Free to Play Games Using Analytics and Monetization that will Gauranteed makes Users Spend...
12. Writing Revenue: Write Well, Get Published, & Earn Money
A practical guide to become a successful writer, get published in big publications, and generate a healthy income...
13. Digital Marketing
Gain real-world experience running live campaigns as you learn from top experts in the field. Launch your career with a 360-degree understanding of digital marketing...
14. AI for Business Leaders
Master the foundations of artificial intelligence so you can strategically implement AI in your company. Leverage machine learning technologies to power corporate growth, increase efficiency, and enhance customer experiences...
15. Customer Experience Management Blueprint
Learn How To Create A Profitable and Cost-Effective Customer Experience Strategy with These Practical Tools and Lectures...
16. Branding & Brand Management with Dekker: Branding Strategy+
Branding Guide MBA Level : Brand Management, Branding Strategy, Brand Building #1 Branding Course from top MBA F100 XP...
17. Business Analytics
In this program, you will learn foundational data skills that apply across functions and industries. You will learn to analyze data and build models with Excel, query databases using SQL, and create informative data visualizations with Tableau...
18. AI Product Manager
Learn to develop AI products that deliver business value. Build skills that help you compete in the new AI-powered world...
19. Introduction to Compliance Risk Management CRM
Compliance risk management CRM for Compliance, Risk Management, Internal Audit and IS Security Professionals...
20. Project Management: Becoming a Successful Project manager
Project Management...