Finance Counselor Overview
Finance Counselor Careers
There is more than meets the eye when it comes to being a finance counselor. For example, did you know that they make an average of $17.92 an hour? That's $37,281 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 19,100 job opportunities across the U.S.
What Does a Finance Counselor Do
There are certain skills that many finance counselors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and sales skills.
When it comes to the most important skills required to be a finance counselor, we found that a lot of resumes listed 19.6% of finance counselors included insurance companies, while 11.5% of resumes included customer service, and 8.1% of resumes included payment plans. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the finance counselor job title. But what industry to start with? Most finance counselors actually find jobs in the health care and non profits industries.
How To Become a Finance Counselor
If you're interested in becoming a finance counselor, one of the first things to consider is how much education you need. We've determined that 35.8% of finance counselors have a bachelor's degree. In terms of higher education levels, we found that 12.3% of finance counselors have master's degrees. Even though some finance counselors have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a finance counselor. When we researched the most common majors for a finance counselor, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on finance counselor resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a finance counselor. In fact, many finance counselor jobs require experience in a role such as customer service representative. Meanwhile, many finance counselors also have previous career experience in roles such as administrative assistant or account representative.
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Finance Counselor Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a finance counselor can determine their career goals through the career progression. For example, they could start out with a role such as billing specialist, progress to a title such as accounts receivable specialist and then eventually end up with the title accountant and office manager.
What is the right job for my career path?
Tell us your goals and we'll match you with the rights job to get there.
Average Salary for a Finance Counselor
Best Paying Cities
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
Mayo Clinic Financial Counselor Financial Counselor | Mayo Clinic Mayo Clinic | 03/26/2021 03/26/2021 | $44,59903/26/2021 $44,599 |
Baptist Health Care Financial Counselor Financial Counselor | Baptist Health Care Baptist Health Care | 03/19/2021 03/19/2021 | $27,71503/19/2021 $27,715 |
Mayo Clinic Financial Counselor Financial Counselor | Mayo Clinic Mayo Clinic | 01/27/2021 01/27/2021 | $44,59901/27/2021 $44,599 |
Baptist Health Care Financial Counselor Financial Counselor | Baptist Health Care Baptist Health Care | 01/27/2021 01/27/2021 | $27,71501/27/2021 $27,715 |
Career Staffing Services Financial Counselor Financial Counselor | Career Staffing Services Career Staffing Services | 12/17/2020 12/17/2020 | $33,39212/17/2020 $33,392 |
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Finance Counselor Resumes
Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Finance Counselor. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.
Learn How To Write a Finance Counselor Resume
At Zippia, we went through countless Finance Counselor resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.
View Detailed InformationTop Colleges for Finance Counselors
1. University of Pennsylvania
Philadelphia, PA • Private
2. University of Minnesota - Twin Cities
Minneapolis, MN • Public
3. Howard University
Washington, DC • Private
4. Northwestern University
Evanston, IL • Private
5. Pennsylvania State University
University Park, PA • Public
6. Stanford University
Stanford, CA • Private
7. University of Southern California
Los Angeles, CA • Private
8. Harvard University
Cambridge, MA • Private
9. SUNY Stony Brook
Stony Brook, NY • Public
10. Boston University
Boston, MA • Private
Top Skills For a Finance Counselor
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 19.6% of finance counselors listed insurance companies on their resume, but soft skills such as analytical skills and math skills are important as well.
- Insurance Companies, 19.6%
- Customer Service, 11.5%
- Payment Plans, 8.1%
- Medical Records, 7.7%
- Financial Statements, 4.4%
- Other Skills, 48.7% See All Finance Counselor Skills
Best States For a Finance Counselor
Some places are better than others when it comes to starting a career as a finance counselor. The best states for people in this position are New York, Washington, Maine, and California. Finance counselors make the most in New York with an average salary of $68,220. Whereas in Washington and Maine, they would average $59,425 and $54,757, respectively. While finance counselors would only make an average of $50,329 in California, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
$68,220
Avg. Salary
2. Washington
$59,425
Avg. Salary
3. North Dakota
$44,532
Avg. Salary
How Do Finance Counselor Rate Their Jobs?
Top Finance Counselor Employers
We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ finance counselors and discovered their number of finance counselor opportunities and average salary. Through our research, we concluded that 21st Mortgage was the best, especially with an average salary of $34,617. Cleveland Clinic follows up with an average salary of $39,625, and then comes Orlando Health with an average of $34,447. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a finance counselor. The employers include Nationwide Children's Hospital, Centura Health, and Shady Grove Fertility
Finance Counselor Videos
