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
Southeast Minnesota 71056$53.84/hr$1.16/hr$32.19/hr$39.26/hr$51.13/hr$63.29/hr$81.74/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 Activities170$58.18/hr
Education and Health Services160$41.82/hr
Professional and Business Services130$51.50/hr
Manufacturing120$54.75/hr
Trade, Transportation and Utilities50$51.08/hr
Public Administration40$49.14/hr
Information10$56.13/hr
Other Services10$35.15/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 Auditors960$30.60/hr8.5%
Purchasing Managers110$48.74/hr8.0%
Financial Examiners60$36.04/hrN/A
Agents and Business Managers of Artists, Performers, and AthletesN/AN/AN/A
Tasks for Financial Managers