Are you thinking of becoming a Licensed Personal Banker or already started your career and planning the next step? Learn how to become a Licensed Personal Banker, what skills you need to succeed, how to advance your career and get promoted, and what levels of pay to expect at each step on your career path. Explore new Licensed Personal Banker job openings and options for career transitions into related roles.
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How to Become a personal banker
If you're considering starting your Personal Banker career path, it's important to note the skills, qualifications, and time it takes to become a professional Personal Banker and how to advance your career path. Below are the steps generally required to begin and advance your Personal Banker career.
Earn a Degree
To begin your Personal Banker career path, a Bachelor's Degree in Business or a related field is usually necessary in order to remain a competitive option for employers. Focus on industry-specific skill development during your education in order to be properly equipped when applying for entry-level positions and entering the job force. A Personal Banker internship may be required to earn your Bachelor's Degree and acquire necessary on-the-job skills before entering the workforce.
What type of degree should you pursue to become a Personal Banker?
71% of people working as a Personal Banker earned a Bachelor's Degree
What skills do you need to be a Personal Banker?
Ability to Multitask
Based on resume data from Glassdoor users who reported working as a Personal Banker in the United States.
Choose a Specialty in Your Field
As an Personal Banker, you may be required to choose a specialty within your field. Determine which part of the Personal Banker field you feel strongest in, and continue taking active steps toward growing in your chosen Personal Banker specialty.
Get an Entry-Level Position as a Personal Banker
Once you've acquired a Bachelor's Degree in Business or a related field, you'll typically begin your career as an entry-level Personal Banker. In general, you can become a Personal Banker after completing your 4 year Bachelor's Degree in a related discipline. Depending on the type of Personal Banker role you’re pursuing, you may want to explore certification in certified personal banker 1.
Advance in Your Personal Banker Career
Following entry-level, there are several Personal Banker career path levels to advance into. It can take 2 years as an entry-level Personal Banker to progress to the senior personal banker position. Each advanced Personal Banker position requires approximately 2 years of experience at each level to advance in your Personal Banker career path. It may be necessary to receive additional education, an advanced degree such as a Master's Degree in a related field, or special certifications in order to advance your Personal Banker career path.
Continued Education for Your Personal Banker Career Path
Not all industries and companies require continued education to advance your Personal Banker career path. However, earning this degree may help you advance to higher-earning positions more quickly. Earning a Graduate Degree in Business can take 4 years to complete. People that have earned their Graduate Degree typically make $52,089 compared to $32,766 for those without that type of degree.
Related Careers in the Finance & Accounting Industry
Interested in other Finance & Accounting careers? Below are occupations that have high affinity with Licensed Personal Banker skills. Discover some of the most common Licensed Personal Banker career transitions, along with skills overlap.