What do Finance Jobs Pay?

What do Finance Jobs Pay?

What are finance jobs?

Finance jobs encompass a wide range of positions within the field of finance. These roles involve managing and analyzing financial data, making strategic financial decisions, and helping organizations achieve their financial goals. Here are some common finance jobs:

Financial Analyst:

They analyze financial data, prepare reports, and provide recommendations for investment decisions, budgeting, and financial planning.

Investment Banker:

Investment bankers assist companies in raising capital through issuing stocks and bonds, mergers and acquisitions, and providing strategic financial advice.

Financial Planner/Advisor:

These professionals help individuals and organizations create financial plans, manage investments, and achieve specific financial goals such as retirement planning or wealth management.


Accountants maintain financial records, prepare financial statements, and ensure compliance with tax regulations and accounting standards.

Risk Manager:

Risk managers assess and mitigate potential risks that could impact a company’s financial stability. They develop risk management strategies, implement risk controls, and monitor risk exposure.

Financial Controller:

Financial controllers oversee financial reporting, budgeting, and accounting activities within an organization. They ensure compliance with financial regulations and analyze financial performance.

Treasury Analyst:

Treasury analysts manage an organization’s cash flow, liquidity, and financial risk. They monitor and optimize cash management, coordinate banking relationships, and execute financial transactions.

Credit Analyst:

Credit analysts evaluate the creditworthiness of individuals or businesses to determine the likelihood of repayment. They assess financial statements, conduct risk assessments, and make recommendations for lending decisions.

Financial Manager:

Financial managers oversee an organization’s financial operations, including budgeting, financial reporting, and strategic planning. They provide financial guidance and help make informed business decisions.


Actuaries assess and manage risk in the insurance industry. They use statistical models and data analysis to determine insurance premiums, analyze potential risks, and estimate future liabilities.

These are just a few examples, and the finance industry offers a diverse range of roles across various sectors, including banking, investment management, insurance, consulting, and corporate finance. The specific job titles and responsibilities may vary depending on the organization and industry.

What do finance jobs pay?

The salary range for finance jobs can vary widely depending on factors such as the specific job role, level of experience, location, industry, and company size. Salaries can also be influenced by market conditions and economic factors. That being said, here is a general overview of the salary ranges for some common finance jobs based on data available before my knowledge cutoff in September 2021:

  1. Financial Analyst: Entry-level financial analysts can expect a salary range of approximately $50,000 to $70,000 per year. With experience and progression, senior financial analysts can earn between $70,000 and $100,000 or more annually.
  2. Investment Banker: Investment banking salaries can vary significantly based on the level of seniority and the size of the firm. Entry-level analysts can earn around $80,000 to $100,000 per year, while mid-level associates may earn between $120,000 and $250,000 annually. Managing directors and top executives can earn salaries in the millions, including bonuses.
  3. Financial Planner/Advisor: Financial planners’ salaries can depend on various factors, such as their level of experience, client base, and the firm they work for. In general, entry-level financial planners can earn around $40,000 to $60,000 per year, while experienced and well-established financial planners may earn six-figure salaries or more.
  4. Accountant: The salary range for accountants can vary based on factors like experience, certifications (e.g., CPA), and the size of the organization. Entry-level accountants typically earn between $45,000 and $60,000 per year, while senior accountants or managers can earn $70,000 to $100,000 or more annually.
  5. Financial Controller: Financial controllers’ salaries can vary significantly depending on the size and complexity of the organization. The salary range for financial controllers is generally between $80,000 and $150,000 or more per year.
  6. Treasury Analyst: The salary for treasury analysts can vary based on experience, location, and the size of the company. Entry-level treasury analysts typically earn between $50,000 and $70,000 per year, while senior-level professionals can earn $80,000 to $120,000 or more annually.
  7. Credit Analyst: Credit analysts’ salaries can vary depending on factors such as experience, location, and the industry they work in. Entry-level credit analysts can expect salaries in the range of $50,000 to $70,000 per year, while experienced professionals may earn $70,000 to $100,000 or more annually.
  8. Financial Manager: Financial managers’ salaries can vary widely based on factors such as the size of the organization, industry, and level of responsibility. Salaries for financial managers typically range from $90,000 to $150,000 or more per year.

It’s important to note that these figures are general estimates, and actual salaries may differ based on individual circumstances. It’s always advisable to consult up-to-date salary data and research specific positions and locations to get a more accurate understanding of current compensation in the finance industry.

How many jobs are there in finance sector in US?

The finance sector in the United States employed a significant number of people across various industries. While I don’t have the exact number of jobs in the finance sector at that time, I can provide some information to give you an idea of the scale.

According to the U.S. Bureau of Labor Statistics (BLS), the finance and insurance industry employed approximately 6.9 million people in the United States as of August 2022.

This includes a wide range of occupations such as financial analysts, accountants, loan officers, insurance agents, and investment bankers, among others.

It’s important to note that this figure includes both direct employment within the finance sector and jobs that support finance activities in other industries. The finance sector has a significant impact on the broader economy and plays a crucial role in supporting various businesses and individuals with their financial needs.

Please keep in mind that the job market is dynamic, and employment numbers can change over time due to various factors such as economic conditions, technological advancements, and industry trends. For the most up-to-date and specific information on current job statistics in the finance sector, it is recommended to refer to recent reports from authoritative sources like the U.S. Bureau of Labor Statistics.

Do finance jobs have a good future?

Yes, finance jobs generally have a promising future. The finance industry is essential to the functioning of the global economy, and it continues to evolve and adapt to new challenges and opportunities. Here are some factors that contribute to the positive outlook for finance jobs:

Growing demand: The need for financial expertise is unlikely to diminish. As businesses expand, individuals seek financial guidance, and governments regulate financial activities, the demand for finance professionals remains strong.

Technological advancements: The finance industry is experiencing significant technological transformations. Innovations such as artificial intelligence, big data analytics, blockchain, and fintech are reshaping the way financial services are delivered and creating new job opportunities in areas like data analysis, cybersecurity, and digital finance.

Global financial markets: The interconnectedness of global financial markets presents opportunities for finance professionals to work across borders and contribute to international financial operations. With globalization, there is an increasing need for professionals who understand global finance and can navigate complex international regulations.

Risk management and compliance: As financial regulations continue to evolve, there is a growing need for professionals who can manage risk, ensure compliance, and protect organizations from financial and legal vulnerabilities. Risk management and compliance roles are expected to remain in demand.

Retirement of baby boomers: Many finance professionals from the baby boomer generation are approaching retirement age, creating opportunities for younger professionals to step into more senior roles and advance their careers in the finance industry.

Strategic financial planning: Businesses and individuals increasingly recognize the importance of strategic financial planning to achieve their long-term goals. This creates a demand for financial planners and advisors who can provide personalized guidance and help clients navigate complex financial landscapes.

It’s worth noting that the finance industry can be influenced by economic cycles, market conditions, and regulatory changes, which can impact job prospects in the short term. However, overall, the finance sector is expected to continue evolving and adapting to meet the changing needs of the economy, creating a positive outlook for finance jobs. It’s important for professionals to stay updated with industry trends, acquire new skills, and adapt to emerging technologies to stay competitive in the evolving finance job market.

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