Financial Managers

General Information

Description

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

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Business Breakdown

People in this career work in these sectors.

  1. Private, for profit82.31%
  2. Private, not for profit7.19%
  3. State and local government5.16%
  4. Self-employed3.41%
  5. Federal government1.70%

Job Outlook

Employment of financial managers is projected to grow 17 percent from 2020 to 2030, much faster than the average for all occupations. About 64,200 openings for financial managers are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

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Salary

Average Salary

Salary

$134,180

Military salary*

$92,830

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State-by-state Salary

Gray states indicate no data available

$201,920
$73,820
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Education

Knowledge

  • Administration and Management
  • Economics and Accounting
  • Mathematics
  • English Language
  • Customer and Personal Service
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