Credit Management
Credit management is the process of granting credit, setting the terms it's granted on, recovering this credit when it's due, and ensuring compliance with company credit policy, among other credit related functions. The goal within a bank or company in controlling credit is to improve revenues and profit by facilitating sales and reducing financial risks.
A credit manager is a person employed by an organization to manage the credit department and make decisions concerning credit limits, acceptable levels of risk, terms of payment and enforcement actions with their customers. This function is often combined with Accounts Receivable and Collections into one department of a company. The role of credit manager is variable in its scope and Credit managers are responsible for:
Credit managers tend to fall into one of three groups due to the differing specialty legal and jurisdictional knowledge required:
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Matching Credit Management Colleges
Alexandria Technical & Community College
At least 2 but less than 4 years; Public; $5,293 average out-state tuition; $5,293 average in-state tuition |
St Cloud Technical and Community College
At least 2 but less than 4 years; Public; $5,209 average out-state tuition; $5,209 average in-state tuition |
Scholarships for Credit Management Majors
Goldman Sachs MBA FellowshipGoldman Sachs and Co. |
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award Up to $75,000 |
deadline Varies |
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DescriptionThe Goldman Sachs MBA Fellowship is available to first - year Black, Hispanic / Latinx, Native American / Indigenous, LGBTQ+, and female students. You must have an interest in the financial services industry and be pursuing a summer associate position at Goldman Sachs to be eligible for this award. View Scholarship Details |
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Siebel Scholars ProgramSiebel Scholars Foundation |
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award $35,000 |
deadline Varies |
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DescriptionThe Siebel Scholars Program is open to the most talented students at the world's leading graduate schools of business, computer science, bioengineering, and energy science. View Scholarship Details |
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Vilas Scholarship - St. Lawrence UniversitySt. Lawrence University |
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award $35,000 |
deadline February 01, 2025 |
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DescriptionThe Vilas Scholarship is available to business students at St. Lawrence University. To be considered, you must submit an essay on the topic provided by the institution. View Scholarship Details |
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Besio Family ScholarshipUniversity of Notre Dame |
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award $25,000 |
deadline January 01, 2025 |
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DescriptionThe Besio Family Scholarship is available to incoming freshman students at the University of Notre Dame who are majoring in business or engineering. Selection for this renewable award is based on outstanding academic achievement and service to community. Recipients will also participate in an Outward Bound leadership experience. View Scholarship Details |
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Scholarship and Entrepreneurship for Economic Development (SEED) ScholarshipSaint Francis University |
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award Up to $22,500 |
deadline March 01, 2025 |
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DescriptionThe Scholarship and Entrepreneurship for Economic Development (SEED) Scholarship is available to entering freshman and transfer students at Saint Francis University who are studying a business-related major. To be considered for this award, you must have a minimum GPA of 3.0 combined with a minimum 1100 SAT score (Math and Critical Reading). ... View Scholarship Details |
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Boyer FellowshipUniversity of Arkansas |
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award $20,500 |
deadline February 01, 2025 |
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DescriptionThe Boyer Fellowship is available to incoming freshmen who plan on majoring in the Walton College of Business at the University of Arkansas. You must be an Arkansas high school graduate, demonstrate financial need, have a minimum 3.8 GPA and an ACT/SAT score of at least 32/1400 to qualify for this award. View Scholarship Details |
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ROMBA LGBT+ FellowshipReaching Out |
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award $20,000 |
deadline Varies |
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DescriptionThe ROMBA LGBT+ Fellowship is open to students who attend one of the 64 member schools. You must identify as a member or ally of the LGBT+ community and be enrolled in a business program to be considered for this award. View Scholarship Details |
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Huizenga Business Innovation Academy ScholarshipNova Southeastern University |
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award $20,000 |
deadline Varies |
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DescriptionThe Huizenga Business Innovation Academy Scholarship is available to students at Nova Southeastern University who are interested in earning a bachelor's and master's degree in business in four years. To be eligible for this award, you must hae employment or internship experience and have been a member of a local/national student business club... View Scholarship Details |
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Women in Business - Miss America PageantMiss America Pageant |
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award Up to $10,000 |
deadline Varies |
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DescriptionThe Women in Business Scholarship is available to women who are contestants at the state level in the Miss America competition. Selection is based on accomplishments in the area of business and social impact. View Scholarship Details |
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3M Business Development FellowshipUniversity of Minnesota, Carlson School of Management |
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award $10,000 |
deadline Varies |
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DescriptionThe 3M Business Development Fellowship is open to domestic MBA students at the University of Minnesota, Carlson School of Management. You must have a science, technology, and/ or engineering background and wish to participate in the Carlson Ventures Enterprise to qualify for this award. View Scholarship Details |
Credit Management Related Majors
- Business Administration, Management and Operations
- Business, Management, and Marketing
- Marketing
- Accounting and Business/Management
- Finance and Financial Management Services
- Accounting and Finance
- International Business
- Fashion Merchandising
- Human Resources Management and Services
- Entrepreneurial and Small Business Operations
- Business and Personal/Financial Services Marketing Operations
- Hospitality Administration/Management
- Business
- Real Estate
- Management Information Systems and Services
- Small Business Administration/Management
- Fashion Modeling
- Business/Managerial Economics
- Entrepreneurship/Entrepreneurial Studies
- Construction Management