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Financial Managers: Schools and Careers

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About Financial Managers

Financial Managers picture    Financial Managers image

Financial Managers

Financial managers oversee and coordinate financial activities and transactions of organizations. Financial managers prepare income statements, budgets and balance sheets, monitor cash flow, oversee accounting and auditing and comply with regulatory requirements. In addition, financial managers often have an important role regarding mergers and consolidations and also in global expansion.

They manage employees in brokerage firms, banks, large corporations, small businesses, non-profit organizations, government agencies, credit departments and other organizations. Financial managers need to stay current with special tax laws and regulations that may affect their industry.

Those with financial management positions should have a thorough understanding of financial regulations and reporting requirements. They should have a broad understanding of international finance. In addition, a financial manager needs to stay up-to-date with the newest computer technology in order to enhance the efficiency of the company's financial operations.

Some of the titles for financial managers are controller, manager of international banking, treasurer or finance officer, credit manager, risk and insurance manager and cash manager.

Financial institutions including commercial banks, credit unions, savings and loan associations and mortgage and finance companies employ numerous financial managers to manage a variety of functions including mortgages, trusts, lending and investments. They also employ financial managers to oversee sales, operations and electronic financial services.

Financial Managers Responsibilities

  • Perform administrative duties
  • Analyze data and information
  • Implement cash management strategies
  • Oversee the preparation of financial reports
  • Oversee investment activities
  • Create strategies and implement long-term objectives for their company or organization
  • Offer senior managers strategies to maximize profits.
  • Act as business advisors to top management

Those in financial management positions should have strong communication and management skills. Financial managers should also be detailed oriented, problem-solvers and creative thinkers. Since they often work with various departments they need a strong foundation in business.

They often utilize computer systems and information services. They sometimes work 50 to 60 hours per week. A financial manager sometimes attends meetings of economic and financial associations. They sometimes travel in order to meet with customers or subsidiary companies.

Employment Outlook

Employment growth from 2006 to 2016 for financial managers is forecasted to be about as fast as the average for all occupations. Those holding a master's degree and a certification have the best opportunities. Highly skilled financial managers have opportunities to move up to top management positions. About three out of ten financial managers work for finance and insurance firms.

In 2006 the median annual earnings for financial managers was $90,970. In descending order, the median annual earnings in the industries which employ the largest number of financial managers are securities and commodity contracts intermediation; managers of company and enterprises, non-depository credit intermediation, local government and depository credit intermediation.

Large organizations typically pay more than smaller organizations. Salaries also depend on the industry and location. Some financial managers receive bonuses and stock options.

Financial Managers Education, Certification, and Licensing

Most employers require at least a bachelor's degree in accounting, finance, economics or business administration. Many employers seek candidates that have a master's degree in one of these subjects. Valuable courses include budgeting, accounting, management, cash flow management and financial reporting.

Continuing education is very important for financial managers due to changes in state and federal laws and regulations, complexities of global trade and new and complex financial instruments.

Financial managers can enhance their skills and show their competency by acquiring professional certification. Professional certification is provided by numerous associations. Certifications include, Chartered Financial Analysts, Certified Treasury Professional, Certified Public Accountant and the Certified Management Accountant.

Resources for Financial Managers

Major Employers of Financial Managers

The major employers are commercial banks, securities and commodity brokerage firms, credit unions, insurance companies, savings and loan associations, mortgage and finance companies and government.

Schools for Financial Managers are listed in the column to the left.

The Top Cities tab shows employment statistics for Financial Managers by major metro area.

The Top Industries tab shows which industries have the most jobs for Financial Managers, along with salary data by industry.

The Find Schools tab lets you search for schools by field of study, degree level, and location.

Employment For:
All Jobs > Financial Managers

Schools for Financial Managers (including online schools)

These schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).

Request info from multiple schools, by clicking the Get Info links.

SchoolLocationsDegreesQuick Info
AIU OnlineOnlineAssociate, Bachelor, MasterGet Info
ATI Career Training CenterFL, NM, OK, TXDiplomaGet Info
Allied Medical & Technical InstitutePADiplomaGet Info
Alvernia CollegePAMasterGet Info
American InterContinental UniversityGA, TXAssociate, Bachelor, MasterGet Info
American Sentinel UniversityOnlineBachelor, MasterGet Info
Andover CollegeMEAssociateGet Info
Angley CollegeOnlineBachelorGet Info
Argosy UniversityAZ, CA, CO, FL, GA, HI, IL, MN, TN, TX, UT, VA, WABachelor, Doctorate, MasterGet Info
Argosy University OnlineOnlineBachelor, Doctorate, MasterGet Info
Ashford UniversityOnlineAssociate, Bachelor, MasterGet Info
Ashworth CollegeOnlineDiplomaGet Info
Baker College CampusMIAssociate, Bachelor, CertificateGet Info
Baker College OnlineOnlineAssociate, Bachelor, MasterGet Info
Bauder CollegeGAAssociate, BachelorGet Info
Berkeley CollegeNJ, NYAssociate, BachelorGet Info
Berkeley College OnlineOnlineAssociate, BachelorGet Info
Bethel UniversityMNMasterGet Info
Bohecker CollegeOHAssociateGet Info
Boston University OnlineOnlineMasterGet Info
Briarcliffe CollegeNYAssociate, BachelorGet Info
Brookline CollegeAZ, NMAssociate, Bachelor, DiplomaGet Info
Brown Mackie CollegeAZ, FL, GA, ID, IL, IN, KS, KY, OH, OKAssociate, Bachelor, Certificate, DiplomaGet Info
California College San DiegoCAAssociate, Bachelor, MasterGet Info
Capella UniversityOnlineDoctorate, MasterGet Info
Career Centers of TexasTXDiplomaGet Info
Career Point CollegeOK, TXDiplomaGet Info
Career Technical CollegeLAAssociateGet Info
Central Pennsylvania CollegePABachelorGet Info
Champlain CollegeOnlineBachelorGet Info
Charter CollegeAKAssociate, BachelorGet Info
Coleman CollegeOnlineMasterGet Info
CollegeAmericaAZ, CO, WYAssociate, Bachelor, MasterGet Info
Colorado Technical UniversityCO, MO, SDAssociate, Bachelor, Doctorate, MasterGet Info
Colorado Technical University OnlineOnlineAssociate, Bachelor, Doctorate, MasterGet Info
Computer Career CenterNM, TXAssociate, DiplomaGet Info
Cornerstone UniversityMIBachelor, MasterGet Info
Creighton University OnlineOnlineMasterGet Info
DeVry Institute of TechnologyABBachelorGet Info
DeVry UniversityOnlineBachelorGet Info
DeVry UniversityAZ, CA, CO, FL, GA, IL, IN, KY, MD, MN, MO, NC, NJ, NV, NY, OH, OK, OR, PA, TN, TX, UT, VA, WA, WIAssociate, BachelorGet Info
Dover Business CollegeNJDiplomaGet Info
ECPI College of TechnologyNC, SC, VABachelor, CertificateGet Info
ECPI OnlineOnlineBachelor, CertificateGet Info
Ellis UniversityOnlineAssociate, Bachelor, MasterGet Info
Everest CollegeNV, ONAssociate, DiplomaGet Info
Everest InstituteFL, NYAssociateGet Info
Everest UniversityFLAssociate, Bachelor, MasterGet Info
Everest University OnlineOnlineMasterGet Info
Florida Tech University OnlineOnlineBachelor, MasterGet Info
Florida Technical CollegeFLAssociateGet Info
Gibbs SchoolsMAAssociateGet Info
Golden Gate UniversityCABachelor, Doctorate, MasterGet Info
Golden Gate University OnlineOnlineBachelor, MasterGet Info
Goodwin CollegeCTAssociateGet Info
Grand Canyon UniversityOnlineBachelor, MasterGet Info
Grantham UniversityOnlineBachelor, MasterGet Info
Harrison CollegeINAssociate, Bachelor, DiplomaGet Info
Heald CollegeCA, HI, ORAssociateGet Info
Herzing CollegeON, QCCoursework, DiplomaGet Info
Herzing UniversityAL, FL, GA, LA, MN, OH, WIAssociate, BachelorGet Info
Herzing University OnlineOnlineAssociate, Bachelor, Diploma, MasterGet Info
Hesser CollegeNHAssociate, BachelorGet Info
ICS CanadaOnlineDiplomaGet Info
ITT Technical InstituteAL, AR, AZ, CA, CO, FL, GA, ID, IL, IN, KY, LA, MD, MI, MO, NC, NE, NM, NV, OH, OK, OR, SC, TN, UT, VA, WA, WIAssociate, Bachelor, Diploma, MasterGet Info
Independence UniversityOnlineAssociate, Bachelor, MasterGet Info
Jones CollegeFLAssociate, BachelorGet Info
Jones International UniversityOnlineBachelor, Doctorate, MasterGet Info
Kaplan Career InstitutePAAssociateGet Info
Kaplan CollegeIN, MDAssociate, Bachelor, CertificateGet Info
Kaplan UniversityIA, NEAssociate, Bachelor, Certificate, MasterGet Info
Keiser UniversityFLAssociate, Bachelor, MasterGet Info
Keiser University eCampus OnlineOnlineAssociate, Bachelor, MasterGet Info
Keller Graduate School of Management of DeVry UniversityAZ, CA, CO, FL, GA, IL, IN, MD, MN, MO, NC, NV, NY, OH, OK, OR, PA, TN, TX, UT, VA, WA, WICertificate, MasterGet Info
Keller Graduate School of Management of DeVry University OnlineOnlineCertificate, MasterGet Info
Kendall CollegeILBachelorGet Info
Lamson CollegeAZAssociateGet Info
Le Tourneau UniversityOnlineBachelor, MasterGet Info
Liberty UniversityOnlineAssociate, Bachelor, MasterGet Info
Lincoln College of TechnologyFL, GAAssociate, Bachelor, CourseworkGet Info
Lincoln Tech®NJCourseworkGet Info
Marylhurst UniversityOnlineBachelor, MasterGet Info
McCann School of Business & TechnologyPAAssociateGet Info
Miami-Jacobs Career CollegeOHAssociateGet Info
Miller-Motte Technical CollegeNC, SC, TN, VAAssociate, BachelorGet Info
Minnesota School of BusinessMNAssociate, Bachelor, Diploma, MasterGet Info
Missouri CollegeMOAssociateGet Info
Morrison UniversityNVAssociate, Bachelor, MasterGet Info
National American UniversityOnlineAssociate, Bachelor, MasterGet Info
National American University CampusCO, KS, MN, MO, NM, SDAssociate, Bachelor, MasterGet Info
National CollegeIN, KY, OH, TN, VAAssociate, Bachelor, DiplomaGet Info
National Institute of Technology OhioOHAssociateGet Info
New England CollegeOnlineMasterGet Info
New England Culinary InstituteOnlineBachelorGet Info
Northeastern University OnlineOnlineMasterGet Info
Northwestern CollegeILAssociate, CertificateGet Info
Norwich UniversityOnlineMasterGet Info
Penn Foster Career SchoolOnlineAssociate, DiplomaGet Info
Penn Foster CollegeOnlineAssociateGet Info
Pioneer Pacific CollegeORBachelorGet Info
Pittsburgh Technical InstitutePAAssociateGet Info
Plaza CollegeNYAssociate, BachelorGet Info
Post UniversityCTAssociate, Bachelor, CertificateGet Info
RETS CollegeOnlineAssociateGet Info
Rasmussen CollegeFL, IL, MN, ND, WIAssociate, BachelorGet Info
Regis UniversityOnlineBachelor, MasterGet Info
Remington CollegeLA, OH, TN, TXAssociateGet Info
Salem University OnlineOnlineAssociate, Bachelor, MasterGet Info
Salter CollegeMAAssociateGet Info
Sanford-Brown CollegeIL, MOAssociate, BachelorGet Info
Sanford-Brown InstituteNY, PAAssociateGet Info
South UniversityOnlineAssociate, Bachelor, MasterGet Info
South University CampusAL, FL, GA, SCAssociate, Bachelor, MasterGet Info
Southern Technical CollegeFLAssociateGet Info
Southwest Florida CollegeFLAssociate, BachelorGet Info
Southwestern CollegeKY, OHCourseworkGet Info
Spencerian CollegeKYAssociateGet Info
Stevens-Henager CollegeID, UTAssociate, Bachelor, Certificate, MasterGet Info
Stratford Career InstituteOnlineDiplomaGet Info
Strayer UniversityAL, DC, DE, FL, GA, KY, MD, NC, NJ, PA, SC, TN, UT, VA, WVAssociate, Bachelor, Certificate, Diploma, MasterGet Info
Strayer University OnlineOnlineAssociate, Bachelor, Certificate, Diploma, MasterGet Info
Sullivan UniversityKYAssociate, Diploma, MasterGet Info
TESST College of TechnologyMDCertificateGet Info
TUI UniversityOnlineBachelor, MasterGet Info
Technical Career InstituteFLAssociateGet Info
The College of WestchesterNYAssociateGet Info
The Edinburgh Business SchoolOnlineDoctorate, MasterGet Info
The George Washington University OnlineONMasterGet Info
The University of LiverpoolOnlineMasterGet Info
Tri-State Business InstitutePAAssociateGet Info
University of PhoenixAL, AR, AZ, CA, CO, CT, DC, FL, GA, HI, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, NC, NJ, NM, NV, OH, OK, OR, PA, PR, SC, TN, TX, UT, VA, WA, WIBachelor, MasterGet Info
University of Phoenix OnlineOnlineAssociate, Bachelor, Doctorate, MasterGet Info
University of ScrantonOnlineMasterGet Info
Utah Career CollegeUTAssociateGet Info
Utica CollegeOnlineMasterGet Info
Villanova University Professional Certificate Online ProgramsOnlineCertificateGet Info
Virginia College OnlineOnlineAssociate, Bachelor, MasterGet Info
Vista CollegeUTCertificateGet Info
Walden UniversityOnlineBachelor, Doctorate, MasterGet Info
Western International UniversityAZBachelor, MasterGet Info
Westwood CollegeCA, CO, GA, IL, TXBachelor, MasterGet Info

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Additional Details

We have some additional detailed pages at the state level for Financial Managers. These pages include maps focused on the particular state, among other details.

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