Find Schools

Study Area & Zipcode

Financial Managers

Find Schools Near

What Do Financial Managers Do?

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

  • Financial Officer
  • Residential Mortgage Manager
  • Financial Director
  • City Treasurer
  • City Comptroller

Is There Job Demand for Financial Managers?

There were about 580,400 jobs for Financial Managers in 2016 (in the United States).

New jobs are being produced at a rate of 18.7% which is lower than average. The Bureau of Labor Statistics predicts 108,600 new jobs for Financial Managers by 2026. The BLS estimates 56,900 yearly job openings in this field per year.

Forecasted Number of Jobs for Financial Managers in U.S.

The states with the most job growth for Financial Managers are California, New York, and Texas.

Watch out if you plan on working in Alaska, Wyoming, or Vermont. These states have the worst job growth for this type of profession.

How Much Does a Financial Manager Make?

The average yearly salary of a Financial Manager ranges between $67,620 and $208,000. A Financial Manager median salary is $127,990.

Salary Ranges for Financial Managers

Below is a list of the median annual salaries for jobs of this type in different U.S. states.

Annual Mean Salary by State
State Annual Mean Salary

New York

$210,510

New Jersey

$175,880

Connecticut

$167,160

Delaware

$167,110

District of Columbia

$166,710

Virginia

$164,030

Colorado

$163,740

California

$157,480

Pennsylvania

$156,730

Maryland

$152,180

Texas

$149,990

North Carolina

$149,710

Massachusetts

$148,300

Georgia

$145,920

Rhode Island

$145,120

Illinois

$144,680

Missouri

$136,520

Washington

$136,480

Ohio

$135,610

Wisconsin

$134,850

Minnesota

$133,970

Florida

$132,850

South Dakota

$132,030

Kansas

$129,660

Alabama

$128,690

Michigan

$128,270

South Carolina

$125,710

New Hampshire

$124,700

Nevada

$123,890

North Dakota

$123,890

Indiana

$119,820

Maine

$119,080

Hawaii

$118,740

Oregon

$118,680

Arizona

$117,620

Wyoming

$116,920

Iowa

$114,620

Kentucky

$114,420

Nebraska

$113,910

Vermont

$113,610

Oklahoma

$111,700

Tennessee

$111,460

Utah

$110,750

Alaska

$110,010

Montana

$109,940

Louisiana

$106,950

Arkansas

$106,530

New Mexico

$104,790

West Virginia

$102,670

Mississippi

$101,840

Idaho

$95,690

Where do Financial Managers Work?

Financial Manager Sectors

References

Bureau of Labor Statistics

College Factual

O*NET Online

Image Credit: Via Wikimedia Commons

Find Schools Near You

Our free school finder has matched thousands of students with colleges.