Finance Salary in the United States

How much does the average job related to Finance make in the United States?

The average salary for someone in Finance in the United States is between $72,290 and $131,270 as of November 01, 2024. Salary ranges can vary widely depending on the actual Finance position you are looking for. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities

Base Salary

Core compensation

$72,290

$131,270

$101,780

What is a Finance?

Finance is a broad category of activities that involve the analysis and management of money, assets, and risk to ensure positive financial results for organizations, individuals or other entities. Corporate finance involves analysis, budgeting, and management of an organizations investment and spending. Individual finance often referred to as personal finance, deals with investment and spending at the individual level. Public finance relates to government units such as states, municipalities, or cities and involves developing and managing the sources of income, budgeting, and expenditures of those entities. There are many sub-functions or branches of Finance including but not limited to financial analysis, financial planning and reporting, accounting, financial operations, investment management, and risk management.

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About Jobs Related to Finance

What degree or educational requirements are needed for a career in Finance?

Typical education requirements are a bachelor's degree in finance, accounting, statistics, economics, mathematics, or business administration. A master's degree is generally preferred or required for higher level positions. Certifications like the CFA, Chartered Financial Analyst or CPA, Certified Public Accountant is useful to demonstrate proficiency and are sometimes required for certain positions.

What schools offer the best programs in Finance?

Some of the top schools offering Finance degrees are University of Pennsylvania, New York University, Massachusetts Institute of Technology (MIT), University of Michigan Ann Arbor, University of Texas -Austin, University of California-Berkeley, Indiana University, Carnegie Mellon University, Boston College, and the University of Virginia.

Are jobs in Finance in demand?

According to Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook (BLS), employment of financial managers and financial analysts is projected to grow between 11 to 19 percent from 2016 to 2026, faster than the average for all occupations. A growing range of financial products and the need for in-depth knowledge of geographic regions are expected to lead to strong employment growth.

What are some job titles related to Finance?

Management/Officer level jobs like Controller or Treasurer are typical for most organizations. Budget Specialists, Insurance Underwriters, Loan Officers, Securities, and Financial Services Sales, and Personal Financial Advisors are jobs that require a finance background. Data Analysts, Cash Management Specialists, and Risk Management Specialists are other roles in the finance function that have strong demand.