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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
Northwest Minnesota 73032$66.60/hr$40.12/hr$47.99/hr$60.65/hr$75.88/hr>$100/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and Mining20$65.89/hr
Construction420$65.26/hr
Manufacturing1,470$77.55/hr
Trade, Transportation and Utilities1,650$74.27/hr
Information330$78.94/hr
Financial Activities5,700$79.02/hr
Professional and Business Services4,490$82.49/hr
Education and Health Services1,250$63.14/hr
Leisure and Hospitality180$62.28/hr
Other Services220$64.57/hr
Public Administration790$62.43/hr
 
Geography Click link for details EmploymentMedian WageProjections
% Change 2022-2032
Northeast Balance of State 150$58.63/hrN/A
Grand Forks ND-MN MSA 200$62.14/hrN/A
Mankato-North Mankato MN MSA 230$64.28/hrN/A
La Crosse WI-MN MSA 330$63.35/hrN/A
Rochester MN MSA 410$73.23/hrN/A
Duluth MN-WI MSA 450$62.02/hrN/A
St Cloud MN MSA 480$65.71/hrN/A
Southwest Balance of State 480$61.05/hrN/A
Northeast Minnesota 520$61.76/hr14.9%
Southeast Balance of State 580$63.79/hrN/A
Northwest Balance of State 630$60.59/hrN/A
Southwest Minnesota 700$62.48/hr13.7%
Fargo ND-MN MSA 710$65.92/hrN/A
Northwest Minnesota 730$60.65/hr15.2%
Southeast Minnesota 870$65.19/hr15.7%
Central Minnesota 1,080$64.77/hr18.0%
Seven County Mpls-St Paul, MN 11,690$79.69/hr16.4%
Minneapolis-St Paul-Bloomington MN-WI MSA 12,230$79.34/hrN/A
Minnesota 16,520$76.78/hr16.3%


Occupations Click link for details EmploymentMedian WageProjections
% Change 2022-2032
Accountants and Auditors 30,400$39.40/hr5.6%
Financial Specialists, All Other 810$39.97/hr6.3%
Financial Examiners 1,100$46.50/hr20.8%
Securities, Commodities, and Financial Services Sales Agents 7,690$38.70/hr6.2%
Budget Analysts 470$39.79/hr3.6%
Compensation and Benefits Managers 310$69.95/hr1.3%
Credit Analysts 1,190$38.52/hr-4.6%
Personal Financial Advisors 6,360$45.87/hr12.3%
First-Line Supervisors of Non-Retail Sales Workers 2,320$37.57/hr-1.9%
Loan Interviewers and Clerks 3,300$24.35/hr-3.2%


  • 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.