How To Become An F&I Manager Without Any Experience In The Automotive Industry

How To Become An F&I Manager Without Any Experience In The Automotive Industry

Where do you see yourself in five years? How would you like to be making a six-figure income as a Finance and Insurance Manager? Our prestigious F&I Training Program will take you from zero to one hundred—even if you don’t have any experience in the automotive industry. And you can do this from the comfort of your home with our self-paced online training. This means that you can engage in our training anywhere, whether at a beach in Los Angeles, CA, or in Central Park in New York City.

A coveted diploma from the College of Automotive Management is a key that can help open the door into one of the nation’s most promising, top-paying positions.

Why F&I Manager Training?

We are the industry’s highest-rated automotive program.

With an average annual salary of 130k, it isn’t difficult to see why so many people want to become an F&I Manager. Automotive News, an industry-leading publication, confirms the report that F&I Management is the second most lucrative career in the automotive industry and is steadily on the rise. The sensational pay aside, Finance and Insurance Management is highly rewarding and one of the most important profit centers in any car dealership.

The Top Three Qualities of an F&I Manager

In Finance and Insurance Management, you will have a tremendous impact on both your staff and customers. Here are the top three qualities every F&I Manager should possess.

  • Leadership

As an F&I Manager, you’ll work as part of a team where you’ll demonstrate the ability to increase productivity, delegate important tasks, and efficiently direct others. You will strive to develop a philosophy that maximizes production and profit and captures your company’s values. Additionally, you will motivate your team and educate the sales staff on the benefits of protective products.

  • Problem Solving and Analysis

F&I Managers are proficient at decision-making and taking effective action. You will form a deep understanding of the dealership’s financial goals, and you’ll find creative ways to exceed them without ever jeopardizing quality or the business. Your analytic skills and logic will go a long way in finding solutions and presenting comprehensive yet concise data.

  • Communication and Interpersonal Abilities

Effective F&I Managers possess strong communication and written skills. You must be able to break down complex data and formulas in a way that’s accessible to your staff and customers. You will need to practice empathy and will build meaningful relationships by upholding the highest standard of ethics.

Read about Tammy Vu, one of our prestigious alumni who has achieved remarkable success as an F&I Manager with no prior automotive experience.

Our Online Courses Will Take you There

As a proud and esteemed graduate of College of Automotive Management, you will have earned an education in the following areas:

F&I Products and Professional F&I Selling Process & Disclosures

Loan Underwriting and F&I Administration

Leasing Structures, Presentations & Disclosures

Subprime (Special Finance) Structures, Presentations & Disclosures

Federal Compliance and Ethics Certification

Most students who work full time (or more) can complete all five courses in the F&I Certification program in approximately 6-8 weeks by investing 1-2 hours a day in their studies. And since graduates enjoy lifetime access to the course content, they can rewind and rewatch key lessons as many times as they want in order to develop full mastery! In addition, students have access to invaluable coaching and career assistance.

We value you and want to see you succeed. Partner with us today and begin your journey towards a rewarding career as an F&I Manager.