Information About Financial Managers

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Training

Financial managers need bachelor's or higher degree, plus work experience.

Degrees for Financial managers
Training for Financial Managers
Percent
Less than High School 1.0
High School 12.4
Some College 19.5
Associates Degree 7.9
Bachelors Degree 40.0
Masters Degree 17.1
Doctorate or Professional Degree 2.1

Employment

Represents about 539,000 people in the United States- 5.3% of which are self-employed

Employment prospects are up Over the next 5 years there will be aproximately 41,000 more financial managers but, because of expected growth and replacement needs in the United States, we will need 138,000 more.


Hourly Income

On average, financial managers make $57.91 per hour.

Hourly Income Distribution in U.S. Dollars ($)
Bottom 10% Bottom 25% Median Top 75% Top 90%
Financial managers $27.90 $37.60 $51.50 $70.20 $high
Management $21.90 $31.30 $44.60 $64.20 $high
National Average $8.65 $10.70 $16.50 $26.60 $41.00

Annual Salaries

On average, financial managers make $120,450 per year.

Annual Salary Distribution in U.S. Dollars ($)
Bottom 10% Bottom 25% Median Top 75% Top 90%
Financial managers $58,120 $78,300 $107,160 $146,150 $high
Management $45,720 $65,100 $92,880 $133,610 $high
National Average $18,000 $22,380 $34,460 $55,470 $85,280

This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics

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