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Build your finance career: Explore top jobs, salaries, and paths to success

Finance is a fast-growing, high-paying profession. Learn how to qualify for a job in finance and advance your career.

Why pursue a finance career: Benefits, growth, and opportunities

The finance sector is hot, and the best finance careers report six-figure median salaries and strong demand. But how can you land corporate finance jobs or take the next step in your finance career?

Our finance career guide explores salary data, job growth projections, and potential career paths to help you understand how to build a finance career.

Salaries for finance careers (May 2024)
Career trackMedian annual salary
Financial analyst$101,910
Personal financial advisor$102,140
Accountant/Auditor$81,680
Financial manager$161,700
Securities, commodities, and financial services sales agents$78,140
Source: Bureau of Labor Statistics (BLS)

Explore finance career paths: Entry-level to executive

For career starters

Are you wondering how to become a financial analyst or how to break into another finance role? Here are some career tips for those new to the field.

  1. Take an online finance course. Explore finance and build foundational skills by choosing a finance course for beginners. You can also enroll in a professional certificate program to expand your finance skills.
  2. Earn a bachelor's degree in finance. Most finance careers require a bachelor's degree. Majoring in finance is the best way to gain specialized financial modeling, forecasting, and risk management skills. If you have a busy schedule, you can earn your finance degree online.
  3. Pursue experiential learning opportunities. Hands-on experience is one of the best ways to put your finance skills into practice and land a job in finance. Consider pursuing an internship.

Programs that can prepare you for finance careers

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Must-have skills and certifications for finance professionals

Essential skillsets

  • Financial analysis: Careers in finance require exceptional analytical skills, particularly in financial analysis.
  • Forecasting: Finance professionals must have strong financial modeling and forecasting skills.
  • Risk management: Evaluating risk tolerance and mitigating financial risk are core competencies for finance careers.

Educational requirements

  • Bachelor's degree: Most finance career paths require applicants to have a bachelor's degree at a minimum.
  • Finance courses: Professionals can also enter the field by taking specialized finance courses.
  • Master's degree: A graduate degree can help finance professionals advance into management roles.

Licenses/Certifications: Do I need one?

Many finance careers do not require a license. However, professionals who sell securities must have a license from the Financial Industry Regulatory Authority.

Professional certifications are voluntary. Some in-demand finance certifications include Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) credentials.

Top finance jobs: Salaries, outlook, and how to qualify

Careers in finance typically pay higher-than-average salaries and offer job stability. Learn more about in-demand finance jobs below, with salary and job outlook data from the BLS.

Financial analyst

Financial analysts recommend strategies to boost profits through investments and financial management. Using financial data, they forecast and evaluate economic trends. Financial analysts report on investment performance and manage portfolios.

  • Median annual salary (2024): $101,910
  • Projected employment growth (2024-34): +6%
  • Typical educational requirements: Bachelor's degree

Finance career progression: From analyst to executive

Many finance professionals start their careers in entry-level roles such as financial analyst. Within that broad umbrella, professionals can work in many areas and become:

  • Investment analysts evaluate investment vehicles and specialize in areas such as business valuation.
  • Financial risk analysts assess the risk of investment strategies to minimize loss and the harm unpredictability can cause.
  • Ratings analysts rate borrowers based on their ability to repay their debts to help managers determine the risk of offering of loans.
  • Securities analysts identify trends in securities markets to recommend assets to their clients.

How do finance professionals advance? The finance sector offers multiple routes to career advancement. With experience, financial analysts can move into roles such as senior financial analyst. Career paths as an actuary or personal financial advisor typically require pursuing certification. Earning a graduate degree can also unlock new finance career paths.

Financial managers report the highest salaries in the sector. These roles typically require a mix of experience and education. A master's in finance or an MBA in finance can help professionals take on management responsibilities as financial risk managers, insurance managers, or financial controllers.

At the C-suite level, finance professionals hold titles such as chief financial officer (CFO) and chief investment officer (CIO). These career paths require extensive experience in the field.

Early career roles
1-4 years

  • Financial analyst
  • Financial examiner
  • Budget analyst
  • Accountant or auditor

Mid-career roles
5-10 years

  • Portfolio manager
  • Personal financial advisor
  • Actuary
  • Senior financial analyst

Late career roles
11-15 years

  • Financial manager
  • Financial controller
  • Financial risk manager
  • Insurance manager

C-suite
(15+ years)

  • Chief investment officer
  • Chief financial officer
  • Vice president of finance
  • Chief compliance officer

Highest-paying industries for finance careers

Highest-paying industries for finance careers
IndustryAnnual median wage (May 2024)
Securities, commodity contracts, and other financial investments and related activities$124,050
Professional, scientific, and technical services$100,960
Credit intermediation and related activities$99,990
Management of companies and enterprises$99,760
Insurance carriers and related activities$93,030
Source: BLS

Finance salaries by state: See where your state ranks

Read the map data
Finance career salaries by state
StateAccountants and AuditorsFinancial and Investment AnalystsFinancial Managers
Alabama$71,070$94,660$138,040
Alaska$81,950$94,480$122,770
Arizona$78,620$88,190$132,290
Arkansas$64,180$78,840$103,410
California$96,360$111,100$174,920
Connecticut$89,630$106,250$169,730
Delaware$84,560$99,170$180,050
District of Columbia$103,030$106,840$181,210
Florida$78,470$83,560$143,100
Georgia$80,100$95,180$163,450
Hawaii$67,820$86,100$127,370
Idaho$64,840$88,730$123,570
Illinois$79,300$101,400$159,990
Indiana$77,410$80,420$132,320
Iowa$74,290$88,940$130,600
Kansas$76,400$82,070$138,980
Kentucky$72,220$75,260$125,490
Louisiana$69,540$60,870$119,360
Maine$77,680$91,840$134,410
Maryland$84,890$98,890$157,350
Massachusetts$96,580$107,610$181,170
Michigan$77,720$90,400$135,290
Minnesota$81,100$102,800$158,040
Mississippi$64,170$77,520$105,970
Missouri$73,210$88,400$133,560
Montana$74,400$95,990$126,190
Nebraska$69,980$82,700$134,410
Nevada$78,220$81,060$124,560
New Hampshire$82,830$91,150$141,520
New Jersey$101,340$109,380$188,750
New Mexico$77,420$79,150$122,180
New York$101,780$126,580$215,740
North Carolina$80,490$102,220$160,340
North Dakota$72,180$75,000$130,070
Ohio$77,640$93,690$133,450
Oklahoma$76,820$80,210$126,890
Oregon$81,130$107,680$147,240
Pennsylvania$77,330$87,360$137,960
Rhode Island$90,040$84,800$160,490
South Carolina$73,180$89,850$127,610
South Dakota$77,310No data available$152,020
Tennessee$75,500$86,580$133,010
Texas$80,000$92,370$160,350
Utah$75,100$91,280$137,760
Vermont$76,990$96,260$133,720
Virginia$84,190$104,030$170,290
Washington$96,180$102,370$171,300
West Virginia$74,520$72,550$105,760
Wisconsin$78,150$88,230$137,530
Wyoming$77,400$213,940$118,390
Source: BLS 2024
Note: Colorado's and South Dakota's wage data was excluded due to non-reporting by the BLS.

Take the next step in your finance career

Investing in a finance career can pay off. If you're ready to take the next step, explore edX resources for those new to finance and career changers moving into the finance sector. edX also offers courses and programs for experienced financial professionals who want to advance their finance careers.

Explore additional resources

Degree resources