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Occupational Employment Statistics


DETAILED OCCUPATION DATA

11-3031 Financial Managers



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

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Northeast Minnesota 44024$56.59/hr$30.71/hr$39.19/hr$50.33/hr$64.04/hr$77.75/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and Mining20$64.04/hr
Construction250$63.62/hr
Manufacturing1,430$67.65/hr
Trade, Transportation and Utilities1,300$65.30/hr
Information250$69.47/hr
Financial Activities4,770$64.39/hr
Professional and Business Services3,670$77.06/hr
Education and Health Services1,450$50.24/hr
Leisure and Hospitality140$49.97/hr
Other Services210$60.80/hr
Public Administration820$60.54/hr
 
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Grand Forks ND-MN MSA 120$63.20/hrN/A
Northeast Balance of State 120$50.06/hrN/A
La Crosse WI-MN MSA 150$63.19/hrN/A
Mankato-North Mankato MN MSA 160$60.30/hrN/A
Rochester MN MSA 360$60.06/hrN/A
St Cloud MN MSA 360$60.90/hrN/A
Duluth MN-WI MSA 400$51.88/hrN/A
Southwest Balance of State 400$51.53/hrN/A
Northeast Minnesota 440$50.33/hr16.1%
Southeast Balance of State 510$60.70/hrN/A
Fargo ND-MN MSA 530$64.31/hrN/A
Southwest Minnesota 580$52.10/hr17.2%
Northwest Balance of State 590$50.33/hrN/A
Northwest Minnesota 680$50.33/hr18.5%
Southeast Minnesota 760$60.70/hr15.5%
Central Minnesota 860$60.60/hr15.9%
Seven County Mpls-St Paul, MN 10,700$66.33/hr15.0%
Minneapolis-St Paul-Bloomington MN-WI MSA 11,150$65.97/hrN/A
Minnesota 14,300$64.41/hr15.5%


Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Accountants and Auditors 27,490$38.67/hr4.4%
Financial Specialists, All Other 1,780$37.77/hrN/A
Financial Examiners N/A$41.17/hrN/A
Securities, Commodities, and Financial Services Sales Agents 7,530$40.46/hr6.7%
Budget Analysts 480$39.90/hr3.1%
Compensation and Benefits Managers 490$64.58/hrN/A
Credit Analysts 1,750$39.24/hr-5.3%
Personal Financial Advisors 6,310$40.37/hr4.9%
First-Line Supervisors of Non-Retail Sales Workers 3,200$41.16/hr-3.3%
Loan Interviewers and Clerks 4,500$24.46/hr-2.0%


  • Oversee the flow of cash or financial instruments.
  • Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • Receive cash and checks and make deposits.
  • Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
  • Manage investment funds to maximize return on client investments.
  • Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
  • Develop or analyze information to assess the current or future financial status of firms.
  • 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.
  • Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.