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Business & Finance

Financial Managers

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

Median salary (BLS)

$166,570

10th–90th percentile (BLS)

$94k – $323k

Job outlook

+15% (much faster than average)

AI exposure

The U.S. Bureau of Labor Statistics reports one wage for this occupational group, which covers 3 related roles — so read the median as an approximate group figure, and the range as the truer picture for this specific title. BLS source.

Early-career check: graduates of the matching programs below typically earn $112,000 ten years after starting college — an early-career figure, vs. the all-experience BLS median above. Source: U.S. Dept. of Education College Scorecard.

Plan a path to Financial Managers

Education

Typical entry: Bachelor's degree

Plan my path to this →

How to qualify

Estimate

Cost to qualify

$40,500–$153,000

Time to qualify

4.5 yr

Renewal

  1. 1

    Bachelor's degree

    Degree

    Four years at public in-state rates — average published tuition & fees ≈ $11,610/yr, plus books. Private and out-of-state run higher; grant aid lowers most students' actual net price.

    $40,000–$150,000 · 4 years source

  2. 2

    Industry certification (optional for many roles)

    Certification

    Role-dependent — e.g. CPA, Series 7/65, PMP, SHRM. Not always required, but often expected for advancement.

    $500–$3,000 · 6 months source

Estimated typical U.S. route for "Financial Managers" — built from BLS education requirements and College Board 2024–25 average published prices (public, in-state tuition + fees + books). Not yet verified against a specific state's licensing rules — confirm with your state licensing board or program.

Typical progression

  1. Financial Managers Intern

    Internship

    $47,155

    ~4 mos to advance

  2. Junior Financial Managers

    Entry / Junior

    $94,310

    ~2 yrs to advance

  3. Financial Managers

    Established

    $166,570

    ~3 yrs to advance

  4. Senior Financial Managers

    Senior

    $244,920

Internships are a common on-ramp here — they speed up landing that first role and improve your odds, which is why the Safe and High-ceiling plans build one in.

Key skills

A typical day

  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
  • Oversee the flow of cash or financial instruments.
  • Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
  • Recruit staff members.
  • Evaluate data pertaining to costs to plan budgets.

Fields of study

Any field

Top colleges for Business & Finance

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Reputation-based selection; stats shown are outcome data per school.