How To Become A Group Vice President: What It Is and Career Path - Zippia (2024)

Key steps to become a group vice president

1. Explore group vice president education requirements

   The educational requirements for a group vice president are a mix of high school diplomas, certificates, associate, bachelor's, master's, and doctorate degrees. According to the data, a bachelor's degree is the most common educational requirement, with 50.19% of group vice presidents holding this degree. Common majors for this role include business, finance, accounting, economics, and marketing.

   When it comes to certifications, a group vice president may benefit from having a Project Management Professional, Certified Management Accountant, Certified Management Executive, or Program Management Professional certification. Some of the top schools that group vice presidents have attended include the University of Pennsylvania, Northwestern University, University of Southern California, SUNY at Binghamton, and Villanova University.

   Most common group vice president degrees

   Bachelor's

   73.0

   %

   Master's

   18.9

   %

   Associate

   3.9

   %

2. Start to develop specific group vice president skills

   A group vice president's role involves managing various aspects of a company's operations. They are responsible for providing strategic direction, managing financial performance, and ensuring regulatory compliance. They also oversee marketing and business development initiatives, as well as talent acquisition and shared services capabilities. Additionally, they may work with other executives to develop and implement strategic business plans and market penetration strategies. They are also involved in managing the development of brand marketing and retail programs.

   Skills	Percentages
   Financial Services	7.60%
   Healthcare	7.28%
   Project Management	5.92%
   Due Diligence	4.88%
   Oversight	4.87%

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3. Complete relevant group vice president training and internships

   Accountants spend an average of 1-3 months on post-employment, on-the-job training. New group vice presidents learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a group vice president based on U.S. Bureau of Labor Statistics data and data from real group vice president resumes.

4. Research group vice president duties and responsibilities

   A group vice president's responsibilities can vary widely. They might cover institutional accounts, assist with ERP implementation, develop customized asset allocation models, perform due diligence on investments, manage marketing and advertising programs, or design and implement daily exposure reporting sheets. They may also provide consultation and financial analysis for property investors, manage treasury and wire transfer operations, or supervise and guide budgeting and financial planning activities. They must monitor market trends, analyze marketing programs, and update procedures to reflect regulatory changes. They may also form manufacturing JVs, conduct discounted cash flow and comparable company analyses, manage digital transformation, coach managers on business development, and develop solid client relationships.

   • Lead managements of emerging healthcare companies to raise capital through initial public offerings and other financial alternatives.
   • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
   • Perform asset management duties that cover project development and property management oversight.
   • Supervise, coordinate and provide oversight for budgeting and financial planning activities during site development.

5. Get group vice president experience

   Generally, it takes 6-8 years to become a group vice president. The most common roles before becoming a group vice president include vice president, assistant vice president team lead and president.

6. Prepare your group vice president resume

   When your background is strong enough, you can start writing your group vice president 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 group vice president resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

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7. Apply for group vice president jobs

   Now it's time to start searching for a group vice president 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 do group vice presidents rate their job?

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.