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Financial Managers

in Massachusetts

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Occupation Projection for Financial Managers

SOC
Code
Title Employment Change Average Annual Typical education needed for entry
2016 2026 Level Percent Exits Transfers Change Openings
113031  Financial Managers 27,121 31,798 4,677 17.24 % 677 1,458 468 2,603 Bachelor's degree 

Financial Managers Projections by Industry

CSV of this data
Projection Table Definitions and Notes
Industry 2016
Employment
Projected 2026 Employment Change
2016-2026
2017
Mean Annual OES Wage
Number Percent Distribution Number Percent Distribution Number Percent
Finance and Insurance    7,790  29 % 8,790  28 % 1,000  13 % $132,610
Professional, Scientific, and Technical Services    5,340  20 % 6,720  21 % 1,380  26 % $180,580
Professional, Scientific, and Technical Services    5,340  20 % 6,720  21 % 1,380  26 % $180,580
Securities, Commodity Contracts, and Other Financial Investm    2,730  10 % 3,100  10 % 370  14 % $186,460
Management of Companies and Enterprises    2,700  10 % 3,190  10 % 490  18 % $147,950
Management of Companies and Enterprises    2,700  10 % 3,190  10 % 490  18 % $147,950
Credit Intermediation and Related Activities    2,500  9 % 2,800  9 % 300  12 % $101,010
Insurance Carriers and Related Activities    2,490  9 % 2,810  9 % 320  13 % $157,400
Educational Services    1,510  6 % 1,890  6 % 380  26 % $123,800
Educational Services    1,510  6 % 1,890  6 % 380  26 % $123,800
Health Care and Social Assistance    1,250  5 % 1,510  5 % 260  21 % $129,240
Wholesale Trade    950  4 % 1,090  3 % 140  14 % $147,970
Information    850  3 % 960  3 % 110  13 % $164,580
Real Estate and Rental and Leasing    620  2 % 740  2 % 120  20 % $129,210
Real Estate    590  2 % 710  2 % 120  20 % $129,510
Administrative and Support and Waste Management and Remediat    530  2 % 670  2 % 140  25 % $149,380
Construction    520  2 % 640  2 % 120  24 % $146,300
Computer and Electronic Product Manufacturing    520  2 % 530  2 % 10  2 % $148,380
State Government, Excluding Education and Hospitals    510  2 % 540  2 % 30  6 % $101,780
Administrative and Support Services    480  2 % 600  2 % 120  25 % $154,380
Publishing Industries (except Internet)    450  2 % 480  2 % 30  6 % $164,980
Merchant Wholesalers, Durable Goods    420  2 % 480  1 % 60  14 % $156,280
Social Assistance    420  2 % 500  2 % 80  18 % $113,260
Hospitals    410  2 % 480  2 % 70  19 % $149,240
Other Services (except Government)    380  1 % 460  1 % 80  21 % $107,060
Merchant Wholesalers, Nondurable Goods    350  1 % 390  1 % 40  13 % $136,730
Religious, Grantmaking, Civic, Professional, and Similar Org    300  1 % 350  1 % 50  20 % $102,580
Ambulatory Health Care Services    290  1 % 370  1 % 80  27 % $120,920
Specialty Trade Contractors    240  1 % 300  1 % 60  25 % $149,970
Miscellaneous Manufacturing    230  1 % 260  1 % 30  11 % $160,820
Construction of Buildings    220  1 % 270  1 % 50  26 % $143,680
Wholesale Electronic Markets and Agents and Brokers    190  1 % 230  1 % 40  17 % $140,350
Chemical Manufacturing    180  1 % 210  1 % 30  12 % $122,220
Motor Vehicle and Parts Dealers    170  1 % 220  1 % 50  24 % $108,570
Arts, Entertainment, and Recreation    170  1 % 210  1 % 40  22 % $146,880
Data Processing, Hosting and Related Services    160  1 % 200  1 % 40  26 % $169,860
Accommodation and Food Services    150  1 % 170  1 % 20  16 % $174,610
Fabricated Metal Product Manufacturing    140  1 % 160  0 % 20  12 % $121,720
Nursing and Residential Care Facilities    130  0 % 160  1 % 30  26 % $138,460
Other Information Services    120  0 % 150  0 % 30  21 % $174,320
Massachusetts Department of Unemployment Assistance
Economic Research
This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more...)