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💰 Finance & Accounting
Commercial / Corporate Banking
Lend to real companies. Better hours than investment banking.
Entry earning
$75k
Credit Analyst
Senior tier earning
$350k
Managing Director
Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook
Words with a dotted underline are industry terms. Hover or tap for a plain-English definition.
What the job actually looks like
Commercial bankers lend money to mid-sized and large companies (not individuals). Day-to-day is analyzing a company's finances, structuring the loan, and managing the ongoing relationship. Better hours than investment banking.
Paths inside the field
Pick a branch to retrace the arc
Click any specialization. The timeline and salary curve above update to match.
The full arc
How this career unfolds
Credit Analyst
Associate Banker
VP / Relationship Manager
Managing Director
Surprising fact
Commercial banking MDs often earn close to MDs with 40% fewer hours and far less turnover.
Two ways in
Education paths & payback
Standard route
Public university + credit training
Total cost
$50k
Length
4 yrs
How we calculate it: total education cost ÷ (15% of first-year pay put toward paying it back).
Standard route
Total cost
$260k
Length
4 yrs
How we calculate it: total education cost ÷ (15% of first-year pay put toward paying it back).
The real cost will be different for you
The numbers above are medians from the U.S. Bureau of Labor Statistics. The price you actually pay depends on financial aid, scholarships, family help, state residency, and which schools accept you. A "$250k" private university is often $60k to $120k after aid. A "cheap" community college can still be out of reach without a plan. Use these as a starting point, then get real quotes from the specific schools you're considering.
Location matters
How pay changes by metro
Pay differs by about 20-35% across the country. Cost of living often cancels most of it.
| Metro | Pay at VP / Relationship Manager |
|---|---|
San Francisco Bay Area, CA | $243k |
New York City, NY | $234k |
Seattle, WA | $220k |
Boston, MA | $212k |
Washington, DC | $211k |
Los Angeles, CA | $207k |
Denver, CO | $191k |
Chicago, IL | $187k |
Austin, TX | $185k |
Atlanta, GA | $176k |
Dallas–Fort Worth, TX | $175k |
Phoenix, AZ | $169k |
Nashville, TN | $166k |
Indianapolis, IN | $158k |
Rural / small metro | $140k |
How to read this: Pay is US median for VP / Relationship Manager scaled by BLS metro wage data. Cost of living index is C2ER (US avg = 100). A means that metro isn't just paid better. It's essentially required to work at the top of this field.
Start now
What you can do in high school
Classes & electives
- Calculus
- Statistics
- Economics
- AP Computer Science
Things to try outside class
- Open a paper-trading account or track a mock portfolio
- Join a math team, quant club, or finance club
- Do a finance internship junior/senior summer if possible
- Learn Excel and basic financial modeling (WSP or Breaking Into Wall Street have free intros)
Read, listen, watch
The cheapest way to find out whether you actually like a field is to read what people in it read.
- 'The Intelligent Investor' by Benjamin Graham and 'One Up on Wall Street' by Peter Lynch
- 'Liar's Poker' and 'The Big Short' by Michael Lewis (how Wall Street actually works)
- Matt Levine's 'Money Stuff' newsletter (free, daily, the best finance writing)
- 'Odd Lots' and 'Capital Allocators' podcasts
None of this is required. It's just the lowest-friction way to find out if you actually like this kind of work before you commit money or time.
Salary and progression source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook (bls.gov/ooh). Figures are medians or typical ranges in today's dollars; real outcomes vary by employer, city, and specialty.