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Financial managers&

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Total Workforce
1.16M
Average Age
44
Estimated Job Growth
6.8%
10-Year Projection
Average Salary
$100,194
Average Male Salary
$131,368
Average Female Salary
$73,248

Employment

Information on the businesses and industries that employ Financial managers and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Financial managers, both by share and by number, though the highest paid industry for Financial managers, by average wage, is Postal Service. Financial managers are paid most in Norwalk, Westport & Darien Towns PUMA, CT but are relatively concentrated in Upper East Side PUMA, NY.

Wages

Yearly Wage

Wage Distribution

Wage by Location

Spatial Concentration

Industries

Most Common

Dataset: Source:

Highest Paying

Dataset: Source:

Industries by Share

Diversity

Demographic information on Financial managers in the US. The average age of male Financial managers in the workforce is 43.7 and of female Financial managers is 44.2, and the most common race/ethnicity for Financial managers is White.

Gender Composition

Race & Ethnicity

Age by Gender

Education

Data on higher education choices for Financial managers from The Department of Education and Census Bureau. The most common major for Financial managers is Business but a relatively high number of Financial managers hold a major in Communication Technologies.

Majors

Skills

Data on the critical and distinctive skills necessary for Financial managers from the Bureau of Labor Statistics. Financial managers need many skills, but most especially Management of Financial Resources, Monitoring, and Judgment and Decision Making. The revealed comparative advantage (RCA) shows that Financial managers need more than the average amount of Management of Financial Resources, Management of Material Resources, and Operations Analysis.

Radar Distribution

Dataset: Source:

Bar Chart

Dataset: Source:

Growth Projections

Projections on wages and job growth for Financial managers from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 6.5%, but Financial managers are expected to see a growth of 6.8% over the same period. This occupation is expected to grow faster than the national average.

Job Growth

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Management, business, science, & arts occupations
Major Occupation Group
Management, business, & financial occupations
Minor Occupation Group
Management occupations
Broad Occupation
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