The following requirements are prescribed by the Office of Personnel Management and used to determine minimum qualifications.

Individual Occupational Requirements

Education
Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.

or

Experience
General Experience (for GS-5 positions): Experience that required gathering and analyzing facts and figures, and presenting the information or conclusions in clear oral and written language; or that provided a knowledge of the principles of financial analysis or of insurance laws, such as contract, property, life, casualty, or marine insurance.

Specialized Experience (for positions above GS-5): Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations.

Administrative and Management Positions
This qualification standard covers positions in the General Schedule that involve the performance of two-grade interval administrative and management work. It contains common patterns of creditable experience and education to be used in making qualifications determinations.
This standard may also be used for two-grade interval positions other than those listed if the education and experience pattern is determined to be appropriate.

Education and experience requirements
The following table shows the amounts of education and/or experience required to qualify for positions covered by this standard.

GRADE EDUCATION EXPERIENCE
GENERAL SPECIALIZED

GS-5

4-year course of study leading to a bachelor's degree

3 years, 1 year of which was equivalent to at least GS-4

None

GS-7

1 full year of graduate level education
or
superior academic achievement

None

1 year equivalent to at least GS-5

GS-9

master's or equivalent graduate degree
or
2 full years of progressively higher level graduate education leading to such a degree
or
LL.B. or J.D., if related

None

1 year equivalent to at least GS-7

GS-11

Ph.D. or equivalent doctoral degree
or
3 full years of progressively higher level graduate education leading to such a degree
or
LL.M., if related

None

1 year equivalent to at least GS-9

GS-12
and
above

None

None

1 year equivalent to at least next lower grade level

NOTE: Equivalent combinations of education and experience are qualifying for all grade levels for which both education and experience are acceptable
.

This page was last updated on August 18, 2020