How To Become A Group Vice President: What It Is and Career Path

What is a group vice president and how to become one

Updated January 8, 2025

4 min read

Group vice presidents hold an executive role in organizations, usually reporting to the CEO or the president of the company. They supervise a particular group or department and play a leading role in high-level organizational decisions and daily operations.

Some of the duties that they perform in this capacity include overviewing daily operations, setting performance and financial goals, preparing and allocating budget, seeking new business tools and methods, evaluating the group's profits and revenue, and guiding and supporting managers and other personnel working under their leadership. Educational requirements include a bachelor's degree in management or a relevant field, but a master's degree will be given preference, as this is a senior position. Moreover, industry-specific prior experience in a managerial or executive role is also desirable. Essential skills include leadership, organizational, motivational, communication, and interpersonal.

With all these responsibilities come generous compensations and rewards. The average hourly pay for the position is $83.28, which amounts to $173,221 annually. The career is projected to grow substantially in the near future and create new opportunities all over the United States.

ScoreGroup Vice PresidentUS Average

Salary

9.4

Avg. Salary $167,679

Avg. Salary $59,228

Stability Level

9.5

Growth Rate 17%

Growth Rate 0.3%

Diversity

3.3

Race

American Indian and Alaska Native 0.34%

Asian 10.01%

Black or African American 7.46%

Hispanic or Latino 14.24%

Unknown 4.10%

White 63.86%

Gender

female 28.52%

male 71.48%

Age - 46

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 - 46

Stress Level

9.5

Stress level is very high

7.1 - high

Complexity Level

9.5

Complexity Level is advanced

7 - challenging

Work Life Balance

4.9

Work Life balance is fair

6.4 - fair

Key steps to become a group vice president

Explore group vice president education requirements

Most common group vice president degrees

Bachelor's

73.0 %

Master's

18.9 %

Associate

3.9 %

Start to develop specific group vice president skills

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

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.

Research group vice president duties and responsibilities

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.

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.

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.

Choose From 10+ Customizable Group Vice President Resume templates

Build a professional Group Vice President 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 Group Vice President resume.

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:

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

How do group vice presidents rate their job?

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Group Vice President reviews

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