Financial Managers: salary, outlook & degrees
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Middle half $125,490–$219,980. 841,710 jobs.
BLS Occupational Employment and Wage Statistics, May 2025
64% hold a bachelor's or higher. Those with one: $94,961.
Census ACS 2020-2024 microdata, workers with at least a high school diploma; EducationGuide calculation
About 65,600 openings a year, including replacements.
BLS Employment Projections 2025-35
Considerable preparation (usually a bachelor's).
BLS; O*NET 31.0 job zone
Degrees that lead to this career
What workers ages 25-34 in this job studied, among those with a bachelor's or higher. This is what people actually did, not a requirement.
| Field of bachelor's degree | Share | Degree pages |
|---|---|---|
| Finance | 16% | Finance · Insurance |
| Accounting | 14% | Accounting |
| Business Management And Administration | 11% | Business Administration |
| General Business | 7% | Business |
| Economics | 6% | Economics |
| Marketing And Marketing Research | 3% | Marketing · Specialized Sales, Merchandising and Marketing Operations |
| Psychology | 3% | Psychology |
| Communications | 2% | Communications · Communication, Journalism, and Related Programs, Other |
| Political Science And Government | 2% | Political Science |
| Biology | 2% | Biology |
Census ACS 2020-2024 microdata (ages 25-34, employed, bachelor's or higher; top 10 fields); EducationGuide calculation.
Education workers say the job requires
O*NET 31.0 survey of workers (“required level of education”); small samples, so treat shares as approximate.
Pay by state and metro
| State | Median wage |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
| Rhode Island | $166,940 |
| Georgia | $166,790 |
| North Carolina | $166,780 |
| Illinois | $165,880 |
| Texas | $164,860 |
| Minnesota | $163,410 |
| South Dakota | $159,700 |
| Kansas | $159,380 |
| Maryland | $158,750 |
| Oregon | $156,460 |
| Florida | $153,280 |
| Utah | $150,450 |
| Pennsylvania | $145,610 |
| New Hampshire | $144,730 |
| Missouri | $143,460 |
| Tennessee | $141,010 |
| Ohio | $140,870 |
| Alabama | $140,500 |
| Nebraska | $140,360 |
| Arizona | $139,830 |
| Wisconsin | $139,720 |
| Michigan | $139,370 |
| South Carolina | $136,160 |
| North Dakota | $135,890 |
| Indiana | $135,840 |
| Hawaii | $134,210 |
| New Mexico | $133,700 |
| Maine | $133,610 |
| Iowa | $133,320 |
| Nevada | $132,490 |
| Oklahoma | $132,460 |
| Montana | $131,060 |
| Kentucky | $130,650 |
| Vermont | $128,690 |
| Idaho | $127,210 |
| Alaska | $127,030 |
| Louisiana | $126,800 |
| Wyoming | $124,910 |
| Arkansas | $116,570 |
| West Virginia | $113,140 |
| Mississippi | $111,390 |
| VI | $94,990 |
| PR | $90,660 |
| GU | $80,390 |
Florida metro areas
- Miami-Fort Lauderdale-West Palm Beach$164,230
- Tampa-St. Petersburg-Clearwater$157,480
- Orlando-Kissimmee-Sanford$140,850
- Jacksonville$138,780
- Tallahassee$98,510
- Lakeland-Winter Haven$151,440
- North Port-Bradenton-Sarasota$145,450
- Cape Coral-Fort Myers$143,830
Virginia metro areas
- Washington-Arlington-Alexandria$185,270
- Richmond$173,140
- Virginia Beach-Chesapeake-Norfolk$163,940
- Kingsport-Bristol$132,280
- Roanoke$158,030
- Charlottesville$170,250
- Winchester$151,990
- Lynchburg$155,370
California metro areas
- Los Angeles-Long Beach-Anaheim$175,310
- San Francisco-Oakland-Fremont$216,150
- San Jose-Sunnyvale-Santa Clara$225,280
- San Diego-Chula Vista-Carlsbad$174,210
- Sacramento-Roseville-Folsom$163,090
- Riverside-San Bernardino-Ontario$160,230
- Fresno$137,650
- Oxnard-Thousand Oaks-Ventura$169,900
BLS Occupational Employment and Wage Statistics, May 2025: median annual wage, all workers in the job. Metro areas: the largest by employment.
What the work takes
Top skills
- Reading Comprehension
- Active Listening
- Speaking
- Critical Thinking
- Writing
Knowledge used
- Customer and Personal Service
- Administration and Management
- Economics and Accounting
- Mathematics
- Administrative
Work styles
- Integrity
- Attention to Detail
- Dependability
- Leadership Orientation
- Cautiousness
People in this job tend to have Enterprising (leading), Conventional (organizing) interests.
O*NET 31.0 (U.S. Department of Labor, CC BY 4.0): skills and knowledge by importance; work styles; interest high points.
Financial Managers: questions
How much do financial Managers make?
Financial Managers earn a U.S. median $166,570 a year; the middle half earn $125,490 to $219,980 (BLS, May 2025). Workers ages 25-34 in this job earn a median $75,128 (Census ACS 2020-2024).
Is financial Managers a growing field?
BLS projects growth of 9.7% from 2025 to 2035, with about 65,600 openings a year, including replacements.
What degree do you need to be a financial Manager?
BLS lists the typical entry education as bachelor's degree. In O*NET's survey, 77% of workers say a bachelor's or higher is required. Among workers ages 25-34 with a bachelor's, the most common field of degree is finance (16%).
How much do financial Managers make in Florida?
The median in Florida is $153,280 a year (BLS, May 2025), compared with $166,570 nationally.
Sources: Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2025-35); O*NET 31.0 (U.S. Department of Labor, CC BY 4.0); U.S. Census Bureau ACS microdata. SOC 11-3031. Method
Data: JSON · Markdown · all careers
Cite this: “Financial Managers: salary, outlook and degrees,” EducationGuide.com, https://educationguide.com/careers/financial-managers.