Financial Managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.Salary by State
| State Name | Employment | Annual Salary | Hourly Salary | |
|---|---|---|---|---|
| Alabama | 5,340 | $135,090 | $64.95 | |
| Alaska | 1,750 | $118,540 | $56.99 | |
| Arizona | 12,110 | $134,110 | $64.47 | |
| Arkansas | 5,800 | $116,460 | $55.99 | |
| California | 99,790 | $166,220 | $79.91 | |
| Colorado | 8,510 | $174,890 | $84.08 | |
| Connecticut | 19,340 | $162,270 | $78.02 | |
| Delaware | 2,400 | $191,020 | $91.84 | |
| District of Columbia | 7,820 | $174,220 | $83.76 | |
| Florida | 34,830 | $137,890 | $66.29 | |
| Georgia | 20,530 | $145,580 | $69.99 | |
| Hawaii | 3,150 | $123,300 | $59.28 | |
| Idaho | 2,310 | $108,210 | $52.03 | |
| Illinois | 40,690 | $143,300 | $68.90 | |
| Indiana | 9,040 | $124,690 | $59.95 | |
| Iowa | 9,840 | $122,790 | $59.03 | |
| Kansas | 4,120 | $135,820 | $65.30 | |
| Kentucky | 5,640 | $122,760 | $59.02 | |
| Louisiana | 6,950 | $119,640 | $57.52 | |
| Maine | 2,150 | $136,100 | $65.43 | |
| Maryland | 12,920 | $153,500 | $73.80 | |
| Massachusetts | 30,480 | $161,230 | $77.51 | |
| Michigan | 17,260 | $134,470 | $64.65 | |
| Minnesota | 14,300 | $142,700 | $68.61 | |
| Mississippi | 3,420 | $100,600 | $48.37 | |
| Missouri | 10,020 | $138,130 | $66.41 | |
| Montana | 890 | $120,780 | $58.07 | |
| Nebraska | 4,620 | $129,300 | $62.16 | |
| Nevada | 6,500 | $112,790 | $54.23 | |
| New Hampshire | 4,050 | $138,350 | $66.51 | |
| New Jersey | 26,570 | $186,890 | $89.85 | |
| New Mexico | 2,110 | $116,320 | $55.92 | |
| New York | 49,010 | $206,990 | $99.52 | |
| North Carolina | 15,460 | $161,720 | $77.75 | |
| North Dakota | 1,430 | $132,190 | $63.55 | |
| Ohio | 21,760 | $138,480 | $66.58 | |
| Oklahoma | 5,850 | $127,190 | $61.15 | |
| Oregon | 7,330 | $131,930 | $63.43 | |
| Pennsylvania | 22,840 | $151,760 | $72.96 | |
| Rhode Island | 2,010 | $169,760 | $81.61 | |
| South Carolina | 5,710 | $131,290 | $63.12 | |
| South Dakota | 800 | $144,310 | $69.38 | |
| Tennessee | 17,490 | $129,250 | $62.14 | |
| Texas | 48,790 | $154,240 | $74.15 | |
| Utah | 8,730 | $124,170 | $59.70 | |
| Vermont | 1,470 | $120,280 | $57.83 | |
| Virginia | 15,920 | $164,340 | $79.01 | |
| Washington | 11,470 | $163,720 | $78.71 | |
| West Virginia | 2,150 | $110,460 | $53.11 | |
| Wisconsin | 6,860 | $144,900 | $69.66 | |
| Wyoming | 730 | $114,220 | $54.91 |
Education
The programs listed below are typically the education paths that can land you this kind of job.
A program that combines accounting with computer science and/or computer studies.
A program that focuses on financial big data modeling from algorithms to cloud-based data-driven financial technologies. Includes instruction in financial analytics, financial data processing, knowledge management, data visualization, effective decision communication, machine learning for finance, statistical inference and dynamic modeling on financial data, and project management.
A program that focuses on the principles of business risk measurement, mitigation, and management. Includes instruction in business analytics, foundations of insurance and risk management, investments, life and health insurance, loss prevention, property and liability insurance risk assessment, risk control, risk financing, and security.
An integrated or combined program in accounting and finance that prepares individuals to function as accountants and financial managers or analysts.
An integrated or combined program in accounting and business administration/management that prepares individuals to function as accountants and business managers.
A program that generally prepares individuals to plan, manage, and analyze the financial and monetary aspects and performance of business enterprises, banking institutions, or other organizations. Includes instruction in principles of accounting, financial instruments, capital planning, funds acquisition, asset and debt management, budgeting, financial analysis, and investments and portfolio management.
A program that prepares individuals to manage international financial operations and related currency transactions. Includes instruction in international banking, international monetary and financial policy, money and capital markets, foreign exchange, risk analysis, and international cash flow operations.
A program that prepares individuals to manage the financial assets and budgets of public sector organizations. Includes instruction in public trusts and investments; the laws and procedures used to plan, prepare and administer public agency budgets; and the preparation and analysis of public budget projections and policies.
A program that prepares individuals to perform and/or manage operations concerning personal and corporate credit, collateral, loan processing, and related financial agency communications. Includes instruction in general finance and banking principles, insurance, real estate, taxation, business law and regulations, quantitative methods, financial computer systems applications, database management, communications skills, business and office management, and professional standards and ethics.
A program that focuses on the strategies used to define and manage acceptable financial risk for companies. Includes instruction in banking and bank regulations, derivative securities, interest rate and credit markets, financial engineering of systematic risk, and equity, bond, futures, and options markets.
Any instructional program in financial management and services not listed above.
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$153,460 per yearNational average salaryVery HighJob growth rate
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Bachelor's degreeTypical education requirement
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5 years or moreTypical experience requirement
Educational Attainment
The following chart shows the highest education level completed by those working as financial managers.
- Less than high school 1%
- High school graduate 10%
- College dropout 18%
- Associate’s degree 7%
- Bachelor’s degree 42%
- Master’s degree 20%
- Doctorate degree 2%
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