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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 Senior Managed
Top Careers After Senior Managed
Hispanic or Latino8.6%
Black or African American0.8%
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University of Phoenix15.9%
New York University7.6%
George Washington University5.2%
Texas A&M University4.4%
University of Maryland - University College4.0%
University of Southern California4.0%
University of Florida4.0%
San Jose State University4.0%
Florida State University3.6%
University of Houston3.6%
Southern New Hampshire University3.6%
Oklahoma State University3.6%
Unfortunately we don’t have enough data for this section.
|Job Title||Company||Location||Start Date||Salary|
|SR. Mgmt Assoc-Mgmt Systemization & Recruiting Transformation||Bridgewater Associates, LP||Westport, CT||Nov 14, 2016||$215,000 -
|SR. Management Investmnt ENG & Business & Platform Architect||Hire Thinking, Inc.||Westport, CT||Mar 23, 2015||$205,379|
|SR. Management Investmnt ENG & Business & Platform Architect||Advantage Technical Resourcing, Inc.||Westport, CT||Mar 10, 2015||$205,379|
|Senior Management, Product Management||Paypal, Inc.||San Jose, CA||Oct 06, 2016||$188,977|
|Senior Management, Product Management||Paypal, Inc.||San Jose, CA||Jan 08, 2016||$188,977|
|Senior Managing Producer||SONY Computer Entertainment America LLC||Los Angeles, CA||Oct 01, 2015||$180,000|
|Senior Managing Producer||SONY Interactive Entertainment America LLC||Los Angeles, CA||May 05, 2016||$180,000|
|Senior Managing Producer||SONY Interactive Entertainment America LLC||Los Angeles, CA||Nov 05, 2016||$180,000|
|Senior Identity and Access Management Architect||Ziontech Solutions, Inc.||San Jose, CA||Mar 11, 2015||$168,000|
|Senior Managing Consutlant||IBM Corporation||Romeoville, IL||Sep 03, 2015||$157,016|
|Senior Managing Consutlant||IBM Corporation||Louisville, KY||Sep 03, 2015||$157,016|
|Senior Managing Consutlant||IBM Corporation||Pine Bluff, AR||Sep 03, 2015||$157,016|
|Senior Microsoft Dynamics CRM Architect||Pinnacle Technical Resources Inc.||Fort Worth, TX||Mar 23, 2016||$156,525|
|Senior CRM Developer||Dealertrack, Inc.||Lake Success, NY||Oct 21, 2016||$127,554|
|Senior Management, Strategy and Market Development||Nimble Storage, Inc.||San Jose, CA||Sep 01, 2015||$125,000 -
|SR. CRM Developer||AEON Nexus Corporation||Albany, NY||Sep 07, 2015||$125,000|
|SR. Hyperion Performance Mgmt OP||Cox Communications||Atlanta, GA||Jan 04, 2016||$118,920|
|Senior Systems Planning and Management||Sabre GLBL Inc.||Southlake, TX||Apr 15, 2016||$114,941|
|Senior Staff, Management Information Systems||Charles Schwab and Company, Inc.||San Francisco, CA||Feb 25, 2015||$114,400 -
|Senior Staff, Management Information Systems||Charles Schwab and Company, Inc.||San Francisco, CA||Feb 25, 2015||$114,000 -
|SR. Staff-Identity Management, OIM Developer||Charles Schwab and Company, Inc.||Austin, TX||Nov 07, 2016||$95,846 -
|Senior Product Management||Sabre GLBL Inc.||Southlake, TX||Nov 13, 2016||$95,368 -
|SR. Staff-Identity Management, OIM Developer||Charles Schwab and Company, Inc.||Austin, TX||Nov 07, 2016||$95,098 -
|Senior Professional: Project Management||CSC Covansys Corporation||Pasadena, CA||Jan 05, 2015||$95,000|
|SR. Identity Management Specialist||Trewport Technologies Incorporation||Foster City, CA||Jun 01, 2016||$94,162|
|FSO-Assurance Senior-Asset Management||Ernst & Young U.S. LLP||New York, NY||Apr 22, 2016||$93,475|
|Senior Product Management||Sabre GLBL Inc.||Southlake, TX||Nov 03, 2016||$91,562 -
|Senior Systems Planning & Management||Sabre GLBL Inc.||Southlake, TX||Oct 08, 2015||$90,896 -
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