Learn more about financial managers by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.įinancial managers perform data analysis and advise senior managers on profit-maximizing ideas.įinancial managers are responsible for the financial health of an organization. More Information, Including Links to O*NET Similar OccupationsĬompare the job duties, education, job growth, and pay of financial managers with similar occupations. 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.Įxplore resources for employment and wages by state and area for financial managers. Job OutlookĮmployment of financial managers is projected to grow 17 percent from 2020 to 2030, much faster than the average for all occupations.Ībout 64,200 openings for financial managers are projected each year, on average, over the decade. The median annual wage for financial managers was $131,710 in May 2021.
#Financial risk manager salaries how to
How to Become a Financial Managerįinancial managers typically need a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as accountant, securities sales agent, or financial analyst.
Most financial managers work full time, and some work more than 40 hours per week.
Work Environmentįinancial managers work in many industries, including banks, investment firms, and insurance companies. Quick Facts: Financial Managersįinancial managers create financial reports, direct investment activities, and develop plans for the long-term financial goals of their organization. Please enable javascript to play this video.