How to become financial managerseducation, training, experience and the steps to enter

United States Management & Consulting Confidence ★★★★★

Median annual pay
$166,570
25th–75th pct. $125,490–$219,980
Top pay (est.)
$420,300
Top 10% $323,270
Pay in 5 years
$191,600est.
2031
Pay in 10 years
$220,300est.
$189,500–$255,800
Outlook score
65/100
★★★☆☆ Good
AI replacement risk
65%
High
Job growth (10 yr)
+9.7%
66K openings / yr

How to become financial managers

Typical education
Bachelor's degree
BLS
Related experience
5 years or more
On-the-job training
None

A step-by-step guide for this occupation is being prepared. The education, training and experience data above show the typical path.

Skills, education and requirements for Financial Managers

Key skills

Reading Comprehension
4.4
Active Listening
4.4
Critical Thinking
4.2
Monitoring
4.1
Speaking
4.1
Active Learning
4.0
Management of Personnel Resources
4.0
Complex Problem Solving
3.9

O*NET skill level ratings (0–7).

Key knowledge areas

Economics and Accounting
5.8
Administration and Management
5.4
Customer and Personal Service
5.4
Administrative
5.0
Education and Training
4.7
Mathematics
4.5
Sales and Marketing
4.4
Personnel and Human Resources
4.3

What the work involves

Organizing, Planning, and Prioritizing WorkGetting InformationMaking Decisions and Solving ProblemsEstablishing and Maintaining Interpersonal RelationshipsCommunicating with Supervisors, Peers, or SubordinatesProcessing InformationUpdating and Using Relevant KnowledgeCoaching and Developing Others

Important abilities

Oral ExpressionDeductive ReasoningWritten ComprehensionOral ComprehensionNumber FacilityNear Vision

Education of workers

Bachelor's degree
56%
Post-bachelor's certificate
21%
High school diploma
14%
Some college
5%
Associate's degree
4%

Training before entry

None / short demo
34%
Up to 1 month
29%
1–3 months
13%
1–2 years
11%
3–6 months
8%
4–10 years
5%

Related work experience

4–6 years
42%
1–2 years
22%
6–8 years
12%
None
10%
2–4 years
8%
6–12 months
4%
8–10 years
1%

Job Zone 4 — considerable preparation needed (O*NET)

Difficulty of entry: ★★★☆☆ Moderate (from education, training, experience and Job Zone)

Career path and how to earn more as financial managers

Career-path guidance is being prepared. Pay by percentile is shown in the Pay section.

Pay and employment figures are national statistics. Projected pay, outlook scores and AI replacement risk are estimates from the Shigoto Zukan model, not guarantees. To request a correction, use the contact form. How to read the data
Sources: BLS OEWS May 2025; BLS Employment Projections 2025–35; O*NET 31.0 Database by USDOL/ETA (CC BY 4.0), modified by Shigoto Zukan. Pay ranges, projections and scores are Shigoto Zukan estimates.