Relation Manager
Who is a Relationship Manager?
A Relationship Manager is a professional who helps develop and maintain strong customer relationships within and with outside clients. A Relationship Manager finds new business opportunities for their clients while advising them on products or services that best fit their needs. A relationship manager is a managerial position. It is crucial in an organization's customer service or sales department. The role of the relationship manager is responsible for improving business relationships with partnered firms and clients. In addition, a relationship manager is primarily responsible for effective communication between the company and its partner to resolve problems and any other issues that may cause legal conflicts.
Job Responsibilities of a Relationship Manager
- The Relationship Manager's primary responsibility is to develop and maintain strong customer relationships within or outside the company.
- Relationship Manager understands customer needs and develops strategies to address them.
- Relationship Manager responsibilities may also include approaching new customers to establish relationships.
- Relationship Manager identifies key client company or organization employees and cultivates relationships with them.
Career Scope of a Relationship Manager
There are many career options once a candidate completes graduation in Management or Finance Marketing. Many sectors require Relationship Managers, such as Banks, Insurance Companies, Brand Retailing, Consultancies, etc.
Salary/Income of a Relationship Manager
An entry-level Relationship Manager can earn about INR 3.5 LPA, and a Relationship Manager with more than eight years of experience can earn up to INR 7 L – 8.5 LPA.
Steps to become Relation Manager
Path 1
10th
12th (Commerce)
Qualify the College/University-Specific Entrance Examinations for Bachelor’s Degree in Management or Finance Marketing e.g. BBA in Finance or many more programs
Enroll for Bachelor’s Degree in Management or Finance Marketing e.g. BBA in Finance or many more programs
Go for the Internship (Relationship Manager)
Appear for the selection process in various Companies after completion of Graduation
Relation Manager
10th
12th (Commerce)
Admission into the Management or Finance Marketing, e.g. BBA in Finance course, is based on the candidates' performance in the university-specific examination (if specified).However, it may vary from college to college; check the particular college rules and regulations before applying.
- To become a RELATIONSHIP MANAGER, a candidate should hold a degree in Management or Finance Marketing,such as BBA in Finance/B. Com in Finance/B. Com in banking/BBA in Marketing/BBA in Management.
- During the course, grab as many opportunities for internships or project works as a candidate can. These help the candidate gain insights into the kinds of tasks that can expect to perform in the future.
- The internship duration would be eight, ten, or 12 weeks. But, again, it depends on the choice of the candidate.
- Appear for the selection process after graduation and apply for various Banks, Insurance Companies, Brand Retailing, Consultancies, etc., as an entry-level job position.
Who is a Relationship Manager?
A Relationship Manager is a professional who helps develop and maintain strong customer relationships within and with outside clients. A Relationship Manager finds new business opportunities for their clients while advising them on products or services that best fit their needs. A relationship manager is a managerial position. It is crucial in an organization's customer service or sales department. The role of the relationship manager is responsible for improving business relationships with partnered firms and clients. In addition, a relationship manager is primarily responsible for effective communication between the company and its partner to resolve problems and any other issues that may cause legal conflicts.
Job Responsibilities of a Relationship Manager
- The Relationship Manager's primary responsibility is to develop and maintain strong customer relationships within or outside the company.
- Relationship Manager understands customer needs and develops strategies to address them.
- Relationship Manager responsibilities may also include approaching new customers to establish relationships.
- Relationship Manager identifies key client company or organization employees and cultivates relationships with them.
Career Scope of a Relationship Manager
There are many career options once a candidate completes graduation in Management or Finance Marketing. Many sectors require Relationship Managers, such as Banks, Insurance Companies, Brand Retailing, Consultancies, etc.
Salary/Income of a Relationship Manager
An entry-level Relationship Manager can earn about INR 3.5 LPA, and a Relationship Manager with more than eight years of experience can earn up to INR 7 L – 8.5 LPA.
