DETAILED OCCUPATION DATA

11-3031 Financial Managers

Occupational Description:
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment. Excludes "Financial Risk Specialists" (13-2054).

Occupational Employment Statistics(OES) Wage Data
Wages Updated to First Quarter, 2020
 Percentiles
GeographyEmploymentEmp SE*MeanMean SE*10th25thMedian75th90th
Southwest Minnesota 55038$51.51/hr$1.17/hr$30.61/hr$37.88/hr$48.05/hr$60.32/hr$78.65/hr
Minnesota 15,750425$66.54/hr$0.73/hr$36.70/hr$46.74/hr$60.42/hr$78.95/hr$81.00/hr
U S 654,7903,929$71.60/hr$0.21/hr$33.18/hr$44.80/hr$63.04/hr$88.31/hr$81.00/hr
*SE = Standard error, a measure of the statistical reliability of the estimate.


Leading Industries for Financial Managers
IndustryOES EmploymentOES Median Wage
Financial Activities200$49.08/hr
Manufacturing100$49.38/hr
Education and Health Services90$41.12/hr
Professional and Business Services60$50.93/hr
Public Administration50$44.70/hr
Trade, Transportation and Utilities30$52.56/hr
Other Regional Data For Financial Managers
Geography (click title for details)OESProjections
EmploymentMedian Wage% Change 2022 - 2032
Seven County Mpls-St Paul, MN 12,290 $64.06/hr 16.4%
Central Minnesota 1,050 $48.76/hr 18.0%
Southeast Minnesota 710 $51.13/hr 15.7%
Northwest Minnesota 700 $44.64/hr 15.2%
Southwest Minnesota 550 $48.05/hr 13.7%
Northeast Minnesota 430 $45.35/hr 14.9%
Related Occupations
Occupation
(click title for details)
OESProjections
EmploymentMedian Wage% Change 2022 - 2032
Accountants and Auditors970$29.79/hr4.4%
Purchasing Managers90$48.73/hr4.0%
Financial Examiners60$41.80/hr23.3%
Tasks for Financial Managers