Online Certificate Programs in Banking

Penn Foster Career School
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  • Education Prerequisites: High school diploma or equivalent
  • Professional Prerequisites: None
  • Average Program Length: 6 months (full time); 1 year (part time)

A certificate in banking may be designed for tellers and bank managers, who are responsible for processing bank transactions. A banking certificate may also provide training for loan officers, who evaluate loan applications and authorize or endorse the approval of loan applications for individuals and organizations. A banking certificate may provide the training necessary for prospective bank employees and loan officers. A banking certificate program may also be ideal for a current bank employee looking to obtain the skills and knowledge necessary for advancement.

Completing an Online Certificate Program in Banking

A banking certificate requires foundational course work in finance, including risk management, commercial bank management, credit analysis, loan evaluation, and financial markets. A banking certificate program may also require course work in economics, mathematics, and communication. A banking certificate will emphasize mathematics, and may require assignments that simulate customer interaction.

A banking certificate may provide training for loan officer positions as well. Loan officer positions require an understanding of accounting, economics, and sales. Mortgage loan officers require a Mortgage Loan Originator (MLO) license, which requires 20 hours of course work, background and credit checks, and completion of an exam. MLO course work may be included in a banking certificate program.

What Your Online Certificate in Banking Can Do for You

A banking certificate may provide the training necessary to find a position as a bank teller, bank manager, or a loan officer. While a teller usually requires a high school diploma and receives on-the-job training, a traditional or online banking certificate may ensure a candidate is more attractive to employers. A banking certificate may also provide the qualifications necessary to pursue advanced positions, such as head teller or management roles.

According to the U.S. Bureau of Labor Statistics, bank tellers earned a median annual wage of $24,100 in 2010. Employment for bank tellers is expected to increase by 1% between 2010 and 2020. The BLS also reports that loan officers earned a median annual wage of $56,490 in 2012. Employment for loan officers is expected to increase by 14%. Wage and employment salaries vary depending on factors such as area, employer, experience, and position.

Online Certificate Programs by School

Herzing University
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Herzing University - Herzing's online certificate program offers the flexibility, personalization, and support you need to succeed in today's ever-changing job market. Discover Herzing's hands-on coursework, experienced faculty, and student-first approach which sets them apart from other online universities.

Ultimate Medical Academy
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Ultimate Medical Academy -
Get personalized attention with UMA.
One-on-one tutoring, pre-interview coaching, job search assistance, alumni services—they’re all included in Ultimate Medical Academy’s competitively priced tuition. As a nationally accredited school, we provide quality career training online and at our two campuses in the Tampa Bay area of Florida. Let’s talk about your needs, your career goals and how UMA can help you succeed.

Gainful employment information can be found at ultimatemedical.edu/gainful-employment.pdf and includes information on tuition, loan debt, completion, placement and occupations.

Penn Foster

More Information on Penn Foster
Penn Foster Career School - Penn Foster Career School offers over 85 online career diploma and certificate programs that can help students prepare for a career path in some of today’s fastest growing fields. If you are looking for training in allied health, business, education, or the trades, then Penn Foster Career School is a great choice. Penn Foster Career School is regionally accredited by the Commission on Secondary Schools of the Middle States Association of Colleges and Schools and nationally accredited by the Distance Education Accrediting Commission.