Financial Manager education requirements

financial managers image


Financial managers are responsible for the financial health of an organization.

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

Financial managers work in many industries, including banks and insurance companies. Most financial managers work full time, and many work long hours.

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as loan officer, accountant, auditor, securities sales agent, or financial analyst.

The median annual wage for financial managers was $109, 740 in May 2012.

Employment of financial managers is projected to grow 9 percent from 2012 to 2022, about as fast as the average for all occupations. As with other managerial occupations, jobseekers are likely to face competition because the number of job openings is expected to be fewer than the number of applicants. Candidates with a master’s degree or certification should enjoy the best job prospects.

Financial managersCompare the job duties, education, job growth, and pay of financial managers with similar occupations.

Learn more about financial managers by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.

Financial managers perform data analysis and advise senior managers on profit-maximizing ideas.


Financial managers typically do the following:

  • Prepare financial statements, business activity reports, and forecasts
  • Monitor financial details to ensure that legal requirements are met
  • Supervise employees who do financial reporting and budgeting
  • Review company financial reports and seek ways to reduce costs
  • Analyze market trends to find opportunities for expansion or for acquiring other companies
  • Help management make financial decisions

Financial managersThe role of the financial manager, particularly in business, is changing in response to technological advances that have substantially reduced the amount of time it takes to produce financial reports. Financial managers’ main responsibility used to be monitoring a company’s finances, but they now do more data analysis and advise senior managers on ideas as to how to maximize profits. They often work on teams, acting as business advisors to top executives.

Financial managers also do tasks that are specific to their organization or industry. For example, government financial managers must be experts on government appropriations and budgeting processes, and healthcare financial managers must know about issues in healthcare finance. Moreover, financial managers must be aware of special tax laws and regulations that affect their industry. For more information on chief financial officers, see the profile on top executives.

INTERNATIONAL MONETARY FUND Performance Budgeting: Linking Funding and Results (Procyclicality of Financial Systems in Asia)

You've sort of proved why they need one

2008-02-20 19:12:18 by -you-sound-bitter

They tend to hire people with an education so they can avoid riff-raff like you.
While I can't speak for every hiring manager or person who drafts requirements, usually I wouldn't hire a 19 year old punk (which you probably are) to do certain complex things like Amortization worksheets and complex financial analysis - and even if you can do it, can you handle dealing with confidential data?
Given your whining on here, I have a feeling you'll be like CarlJohnson, Sector7G_Worker, and the other asshats on here divulging private information to fuck your company.

You might also like:

Infor EAM Asset Management Overview Video Demo Webinar
Infor EAM Asset Management Overview Video Demo Webinar ...
Budgeting and Financial Management are Keys to Financial
Budgeting and Financial Management are Keys to Financial ...

Chevo Awarded GSA OASIS Small Business Prime Contract  — PR Web
Chevo Consulting, LLC (Chevo), a provider of Strategic, Portfolio, Project, and Financial Management consulting services, has been awarded the One Acquisition Solution for Integrated Services (OASIS), Small Business (SB) contract in Pool 1 by the ..

INTERNATIONAL MONETARY FUND Current Developments in Monetary and Financial Law, Vol. 4
INTERNATIONAL MONETARY FUND The Low-Income Countries of the Commonwealth of Independent States: Progress and Challenges in Transition
Visioneer Visioneer Patriot 430 TAA-compliant Duplex Sheetfed 15 PPM 30 IPM Scanner with One Touch Technology (P4301D-WU)
CE (Visioneer)
  • TAA-compliant
  • Hi-Speed USB 2.0 interface
  • 50-page automatic document feeder

Financial Management Consulting Services

Financial Management Personal

Financial Management of Commercial banks