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Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.Education
A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.Licenses, Certifications, and Registrations
Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.Work Experience in a Related Occupation
Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst.
In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.Important Qualities
Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.
Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.
Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.
Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.
Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.
Average Length of Employment
Top Careers Before Corporate Manager
Top Careers After Corporate Manager
Hispanic or Latino9.4%
Black or African American0.8%
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University of Phoenix14.0%
Wayne State University8.1%
New York University5.4%
George Washington University5.4%
Northern Illinois University5.0%
University of Texas at Austin4.1%
University of Houston4.1%
Murray State University3.6%
Michigan State University3.6%
Ohio State University3.6%
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|Job Title||Company||Location||Start Date||Salary|
|Corporate Access Manager||Investec Securities (Us) LLC||New York, NY||Oct 23, 2013||$175,000|
|Corporate Secretariat Manager||RBS Citizens Financial Group, Inc.||Stamford, CT||Sep 01, 2014||$174,300 -
|Senior Corporate FP&A Manager||Linkedin Corporation||Sunnyvale, CA||Sep 12, 2015||$157,579 -
|Corporate Manager of Regulatory Compliance||Satellite Healthcare, Inc.||San Jose, CA||Sep 12, 2014||$150,000|
|Corporate Strategy Manager||Intuit Inc.||Mountain View, CA||Dec 03, 2012||$150,000|
|Corporate Strategy Manager||Intuit Inc.||Mountain View, CA||Dec 03, 2015||$150,000 -
|Senior Corporate Strategy Manager||Microsoft Corporation||Redmond, WA||Apr 25, 2016||$150,000|
|Manager, Corporate Advisory and Restructuring||Zolfo Cooper, LLC||New York, NY||May 04, 2009||$150,000|
|Corporate Strategy Manager||Intuit Inc.||Mountain View, CA||Jan 07, 2013||$145,000|
|Manager-Corporate Tax||Chartis Global Services, Inc.||New York, NY||Sep 15, 2012||$140,000|
|Manager-Corporate Tax||Chartis Global Services, Inc.||New York, NY||Dec 19, 2011||$140,000|
|Manager, Corporate Actuarial Support||Harvard Pilgrim Health Care||Wellesley, MA||Oct 17, 2016||$134,430|
|Corporate Manager I||Partners Healthcare||MA||Feb 24, 2014||$128,165|
|Manager of Corporate Reporting and Consolidation||Douglas Elliman, LLC||New York, NY||Oct 10, 2016||$115,000|
|Corporate Strategy Manager||Eastman Chemical Company||Kingsport, TN||Sep 10, 2015||$114,733|
|Corporate Manager, Information Systems||Partners Healthcare||Boston, MA||Feb 24, 2010||$114,227|
|Corporate Relations Manager||Drilling Rigs International Logistics, Ltd.||Dallas, TX||May 16, 2011||$114,000|
|Corporate Strategy Manager||EBAY Inc.||San Jose, CA||Jul 13, 2010||$112,500|
|Corporate Strategy Manager||Cummins Filtration, Inc.||Nashville, TN||May 22, 2016||$108,700 -
|Corporate Strategy Manager||Eastman Chemical Company||Kingsport, TN||Apr 11, 2014||$108,410 -
|Corporate Strategy Manager||EBAY Inc.||San Jose, CA||Sep 22, 2010||$93,118|
|Corporate Relations Manager||Bas GP, Inc.||Dallas, TX||Sep 30, 2011||$93,000|
|Corporate Relations Manager||Drilling Rigs International Logistics, Ltd.||Dallas, TX||May 16, 2013||$93,000|
|Corporate Strategy Manager||Cummins Inc.||Columbus, IN||Apr 08, 2016||$91,600 -
|Corporate Strategy Manager||Cummins Inc.||Columbus, IN||Nov 15, 2015||$91,600 -
|Corporate Strategy Manager||Cummins Inc.||Columbus, IN||May 01, 2016||$91,600 -
|Corporate Strategy Manager||Cummins Inc.||Columbus, IN||Jul 01, 2016||$91,600 -
|Corporate Strategy Manager||Cummins Inc.||Columbus, IN||Jun 25, 2016||$91,600 -
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