Most senior vice presidents list "financial services," "svp," and "oversight" as skills on their resumes. We go into more details on the most important senior vice president responsibilities here:
Before becoming a senior vice president, 71.3% earned their bachelor's degree. When it comes down to graduating with a master's degree, 18.5% senior vice presidents went for the extra education. If you're wanting to pursue this career, it may be impossible to be successful with a high school degree. In fact, most senior vice presidents have a college degree. But about one out of every nine senior vice presidents didn't attend college at all.
Those senior vice presidents who do attend college, typically earn either a business degree or a finance degree. Less commonly earned degrees for senior vice presidents include a accounting degree or a economics degree.
When you're ready to become a senior vice president, you might wonder which companies hire senior vice presidents. According to our research through senior vice president resumes, senior vice presidents are mostly hired by Citigroup, Capital One, and JPMorgan Chase & Co. Now is a good time to apply as Citigroup has 290 senior vice presidents job openings, and there are 28 at Capital One and 18 at JPMorgan Chase & Co.
But if you're interested in companies where you might earn a high salary, senior vice presidents tend to earn the biggest salaries at Walmart, Big Lots, and Burlington. Take Walmart for example. The median senior vice president salary is $472,966. At Big Lots, senior vice presidents earn an average of $470,055, while the average at Burlington is $436,593. You should take into consideration how difficult it might be to secure a job with one of these companies.
In general, senior vice presidents fulfill roles in the finance and media industries. While employment numbers are high in those industries, the senior vice president annual salary is the highest in the media industry with $219,425 as the average salary. Meanwhile, the technology and health care industries pay $213,003 and $207,010 respectively. This means that senior vice presidents who are employed in the media industry make 34.7% more than senior vice presidents who work in the finance Industry.