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Specific Jobs and Careers: What does an AVP and a VP in the Banking Industry mean?
Thank you for the explanation. What qualifications are required to become an AVP or a VP in the banking industry?
Generally, a Bachelor's or Master's degree in business, economics, or finance is required for both AVP and VP positions. Experience in banking or a related field is also crucial. For AVP positions, experience in management or project management might be required. For VP positions, experience in managing teams and functions is important, as well as business acumen and strategic thinking.