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Other Financial Management

Types of Degrees Other Financial Management Majors Are Earning

Those studying Other Financial Management have the option of earning degrees at several award levels.

Award Level	Graduates
Certificate	3
Associate’s Degree	16
Bachelor’s Degree	73
Master’s Degree	271

What Other Financial Management Majors Need to Know

Studies in Other Financial Management develop a specific mix of knowledge, skills, and abilities — derived from O*NET surveys of workers in occupations that Other Financial Management graduates commonly enter.

Knowledge Areas

According to O*NET, a major in Other Financial Management emphasizes the following knowledge areas:

• Economics and Accounting — Importance 4.5 / 5; level 5.8 / 7.
• English Language — Importance 4.0 / 5; level 4.6 / 7.
• Mathematics — Importance 4.0 / 5; level 5.1 / 7.
• Administration and Management — Importance 3.9 / 5; level 5.4 / 7.
• Customer and Personal Service — Importance 3.6 / 5; level 4.3 / 7.

^{Importance is rated 1–5; level is 1–7. Source: ONET Online — weighted across related occupations.*}

Skills

The skill set emphasized by a Other Financial Management program reflects the day-to-day work of related occupations:

• Critical Thinking — Importance 4.1 / 5; level 4.4 / 7.
• Reading Comprehension — Importance 4.1 / 5; level 4.3 / 7.
• Speaking — Importance 4.0 / 5; level 4.2 / 7.
• Active Listening — Importance 3.9 / 5; level 4.2 / 7.
• Judgment and Decision Making — Importance 3.9 / 5; level 4.3 / 7.

Abilities

Innate abilities most relevant to Other Financial Management careers — again drawn from O*NET surveys of related occupations:

• Written Comprehension — Importance 4.1 / 5; level 4.4 / 7.
• Deductive Reasoning — Importance 4.0 / 5; level 4.5 / 7.
• Oral Expression — Importance 4.0 / 5; level 4.6 / 7.
• Oral Comprehension — Importance 4.0 / 5; level 4.3 / 7.
• Inductive Reasoning — Importance 4.0 / 5; level 4.2 / 7.

Common Job Activities

Day-to-day, Other Financial Management graduates report doing:

Activity	Frequency / Importance
Getting Information	4.6 / 7
Making Decisions and Solving Problems	4.5 / 7
Analyzing Data or Information	4.5 / 7
Communicating with Supervisors, Peers, or Subordinates	4.4 / 7
Working with Computers	4.4 / 7
Processing Information	4.3 / 7
Establishing and Maintaining Interpersonal Relationships	4.1 / 7
Communicating with People Outside the Organization	4.1 / 7
Organizing, Planning, and Prioritizing Work	4.1 / 7
Updating and Using Relevant Knowledge	4.0 / 7

Technology Skills Used on the Job

Most frequently-cited tools used by Other Financial Management professionals:

Tool / Software	Category	In-Demand
Microsoft Project	Project management software	—
Microsoft Office software	Office suite software	✓
Microsoft PowerPoint	Presentation software	✓
Microsoft Word	Word processing software	—
Structured query language SQL	Data base user interface and query software	—
Oracle Hyperion	Enterprise resource planning ERP software	—
SAP software	Enterprise resource planning ERP software	✓
Microsoft Outlook	Electronic mail software	✓
Microsoft Excel	Spreadsheet software	✓
Microsoft Access	Data base user interface and query software	—
Oracle Hyperion Planning	Financial analysis software	—
Intuit QuickBooks	Accounting software	✓

^{Source: ONET Online technology skills, weighted across related occupations.*}

Sample Job Titles

Real job postings for Other Financial Management graduates include:

• City Comptroller
• Financial Officer
• Comptroller
• Asset Manager
• Financial Planning and Analysis Manager
• Financial Planning Manager
• Investment Manager
• Financier
• Regional Controller
• City Controller
• Financial Institution Treasurer
• Project Controller
• State Comptroller
• Trust Officer
• Corporate Treasurer

Education Typically Required

Across the occupations open to Other Financial Management graduates, the typical level of education actually held by current workers is distributed as:

Education Level	Share of Workers
Bachelor’s degree	48.8%
Master’s degree	33.6%
Post-baccalaureate certificate	7.1%
High school diploma or equivalent	3.6%
Associate’s degree (or other 2-year)	2.7%
First professional degree	2.4%
Some college courses	1.2%
Post-master’s certificate	0.6%

^{Source: ONET Online education / training / experience requirements.*}

Who Is Earning a Degree in Other Financial Management?

Gender Distribution

This field skews predominantly male, with men earning 65% of Other Financial Management degrees.

Gender	Graduates	Share
Women	127	35.0%
Men	236	65.0%

Racial-Ethnic Diversity

At the national level, the racial-ethnic distribution of Other Financial Management graduates is as follows:

Race / Ethnicity	Graduates	Share
White	195	53.7%
Asian	22	6.1%
Hispanic or Latino	62	17.1%
Black or African American	38	10.5%
American Indian / Alaska Native	1	0.3%
Native Hawaiian / Pacific Islander	3	0.8%
Two or More Races	10	2.8%
Race Unknown	16	4.4%
International Students	16	4.4%

^{See minority definition below.}

How Much Do Other Financial Management Graduates Earn?

Federal data tracks median earnings of Other Financial Management graduates 1, 4, and 5 years after completion. Earnings tend to climb steadily as graduates gain experience and move into mid-career roles.

Years Out	Median Earnings
1 year	$60,617
4 years	$75,528
5 years	$88,287

By year 5 out, median earnings rise to $88,287 — roughly 46% above the 1-year mark.

^{Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker.}

Online Other Financial Management Programs

Distance learning is reported by IPEDS for Other Financial Management. The table below shows how many graduates earned at least some of their coursework online (Distance-Ed Available) versus completing the entire program online (Distance-Ed Only).

Award Level	Distance-Ed Available	Distance-Ed Only
Associate’s	1	0
Bachelor’s	3	2
Master’s	1	2

^{Distance-Ed Only = degrees completed entirely online; Distance-Ed Available = degrees including at least some online coursework. Source: IPEDS Completions by Distance Education status.}

Is a Degree in Other Financial Management Worth It?

On the earnings side, the federal earnings tracker, Other Financial Management graduates earn a median of $75,528 four years after completion — roughly 99% above the national median for workers with only a high school diploma (~$38,000).

^{ROI estimate compares the program’s 4-yr median earnings against the 2023 BLS CPS median earnings for high-school-only workers. Source: U.S. Department of Education College Scorecard + BLS Current Population Survey.}

Related Programs

You may also be interested in these closely related fields of study:

Program	CIP Code
Finance and Financial Management Services	52.08
Banking and Financial Support Services	52.0803
Credit Management	52.0809
Finance, General	52.0801
Financial Planning and Services	52.0804
Financial Risk Management	52.0810
International Finance	52.0806
Investments and Securities	52.0807
Public Finance	52.0808
Accounting and Business/Management	52.0305
Accounting and Finance	52.0304
Risk Management	52.0215

References

The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students and international students. This number is then divided by the total number of students to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics (IPEDS)
• O*NET Online
• U.S. Bureau of Labor Statistics
• U.S. Department of Education College Scorecard

More about our data sources and methodologies.