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:

* Description and images provided by Wikipedia under CC-BY-SA 3.0 license .

Matching Credit Management Colleges

Alexandria Technical & Community College

At least 2 but less than 4 years; Public; $4,816 average out-state tuition; $4,816 average in-state tuition

St Cloud Technical and Community College

At least 2 but less than 4 years; Public; $4,767 average out-state tuition; $4,767 average in-state tuition

Scholarships for Credit Management Majors

Bullet name award deadline Link
 

Siebel Scholars Program

Siebel Scholars Foundation

$35,000 Varies See Details
 

Siebel Scholars Program

Siebel Scholars Foundation

award

$35,000

deadline

Varies
See Details
 

Christine and Clarence Day Business Scholarship

University of Mississippi

$10,000 Varies See Details
 

Christine and Clarence Day Business Scholarship

University of Mississippi

award

$10,000

deadline

Varies
See Details
 

3M Business Development Fellowship

University of Minnesota, Carlson School of Management

$10,000 Varies See Details
 

3M Business Development Fellowship

University of Minnesota, Carlson School of Management

award

$10,000

deadline

Varies
See Details
 

Business Information Technology Advantage Scholarship - University of Montana, Montana Tech

University of Montana at Montana Tech

$6,700 Varies See Details
 

Business Information Technology Advantage Scholarship - University of Montana, Montana Tech

University of Montana at Montana Tech

award

$6,700

deadline

Varies
See Details
 

School of Business Gold Scholarship - TSU

Texas Southern University

$6,000 Varies See Details
 

School of Business Gold Scholarship - TSU

Texas Southern University

award

$6,000

deadline

Varies
See Details
 

Frances C. Amos School of Business Admin. Alumni Affiliate Scholarship

Oakland University

$5,000 Varies See Details
 

Frances C. Amos School of Business Admin. Alumni Affiliate Scholarship

Oakland University

award

$5,000

deadline

Varies
See Details
 

Beverly McAllister Parker Scholarship

Southern Nazarene University, School of Business

$5,000 Varies See Details
 

Beverly McAllister Parker Scholarship

Southern Nazarene University, School of Business

award

$5,000

deadline

Varies
See Details
 

Brayman-Beach Scholarship

Mountain West Credit Union Foundation

$5,000 April 16, 2021 See Details
 

Brayman-Beach Scholarship

Mountain West Credit Union Foundation

award

$5,000

deadline

April 16, 2021
See Details
 

John L. and Margaret S. Fraley Scholarship

University of North Carolina at Charlotte

$4,000 Varies See Details
 

John L. and Margaret S. Fraley Scholarship

University of North Carolina at Charlotte

award

$4,000

deadline

Varies
See Details
 

Kell Container Faculty/Student Collaborative Research Scholarship

University of Wisconsin, Eau Claire - College of Business

$3,600 Varies See Details
 

Kell Container Faculty/Student Collaborative Research Scholarship

University of Wisconsin, Eau Claire - College of Business

award

$3,600

deadline

Varies
See Details