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What is a vice president and manager and how to become one

Updated January 8, 2025
5 min read
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If you've an eye on the executive suite and desire to be in the thick of an organization's day-to-day operations, then the role of a vice president and manager might work for you. In general, a vice president or a VP is the leader of a company or department who servers under the president, CEO, or chairperson. Becoming a vice president and manager is one of the most prestigious, sustainable, and profitable roles, which offers you an opportunity to communicate your ideas clearly and present new concepts or directions for your company's growth. Following behind the president and CEO, you'll be in charge of all business operations, decisions, and ventures. Vice president is a role that requires you to use your leadership and decision-making skills to develop and implement successful business strategies, provide management, oversight, and demonstrate a commitment to excellence all the time. Working as a VP, you'll usually be second or third in command and collaborate with the senior leadership of your company by overseeing the internal operations, but may step in the president's place when he/she is unavailable.

Unlike other positions, this role isn't something that one can attain simply with a degree or diploma. The minimum requirement to become a vice president is a bachelor's degree in business management or a related field. However, having an MBA or master's degree in the relevant field and extensive experience in supervisory and managerial roles may boost your chances of becoming a vice president. Mostly, employers look for an independent team-player with strong analytical and team-building skills for the vice president position. He/She must have a strategic vision and a willingness to take responsibility to ascertain the company's goals.

Being a vice president, typically you'll work full-time, based in an office, but may do moderate travel from time to time to meet the new business clients. You may work in a company of any size, in any industry, including manufacturing, hospitality, government, healthcare, or education. Your wages as a vice president vary widely depending on your company, industry, experience, and location. However, being a VP of a growing leadership team, you can expect to earn a generous amount of $157,531 in a year, along with compensation packages and other health benefits. Not only that, but the career advancement chances are genuinely positive. With advanced knowledge, skills, and experience, you can take the role of a top-level manager, senior vice president, executive, or president of your company. So if you aspire to move into a senior-level or executive-level position, vice president might be a perfect start for you!

ScoreVice President And ManagerUS Average
Salary
8.7

Avg. Salary $142,496

Avg. Salary $59,228

Stability level
10.0

Growth rate 6%

Growth rate 0.3%

Diversity
1.5
Race

American Indian and Alaska Native 0.64%

Asian 7.41%

Black or African American 3.64%

Hispanic or Latino 7.48%

Unknown 3.88%

White 76.96%

Gender

female 32.19%

male 67.81%

Age - 52
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 52
Stress level
10.0

Stress level is very high

7.1 - high

Complexity level
10.0

Complexity level is advanced

7 - challenging

Work life balance
3.0

Work life balance is poor

6.4 - fair

Vice president and manager career paths

Key steps to become a vice president and manager

  1. Explore vice president and manager education requirements

    Most common vice president and manager degrees

    Bachelor's

    72.8 %

    Master's

    14.4 %

    Associate

    7.3 %
  2. Start to develop specific vice president and manager skills

    SkillsPercentages
    Customer Service9.09%
    Financial Statements6.37%
    Real Estate4.52%
    Client Relationships4.40%
    Risk Management4.35%
  3. Research vice president and manager duties and responsibilities

    • Manage team s adherence to credit policy, compliance requirements and treasury legal documentation.
    • Manage and maintain department credit granting policies and procedures in alignment with corporate sales strategy and bank credit oversight protocol.
    • Conduct training need assessments, design and provide target AML training to employees of the branch offices and commercial banking centers.
    • Guide a direct report to obtain the AVP status.
  4. Prepare your vice president and manager resume

    When your background is strong enough, you can start writing your vice president and manager resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a vice president and manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable vice president and manager resume templates

    Build a professional vice president and manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your vice president and manager resume.
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    Vice President And Manager Resume
  5. Apply for vice president and manager jobs

    Now it's time to start searching for a vice president and manager job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first vice president and manager job

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Average vice president and manager salary

The average vice president and manager salary in the United States is $142,496 per year or $69 per hour. Vice president and manager salaries range between $102,000 and $198,000 per year.

Average vice president and manager salary
$142,496 Yearly
$68.51 hourly

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Vice president and manager reviews

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A zippia user wrote a review on Jun 2022
Pros

Independence in decision making

Cons

I am responsible for everything be it any side of the business


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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.

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