Alabama Department of Labor

Labor Market Information Division
SOC: 11-3031 Financial Managers
Plan, direct, and coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Education: Most of these occupations require a four-year bachelor's degree, but some do not.
OJT: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Tasks: Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments. Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter. Recruit staff members. Prepare operational or risk reports for management analysis. Evaluate data pertaining to costs to plan budgets.
License: License not required.
Outlook: Satisfactory
Alabama Employment Outlook
Alabama Wage Data
Hourly Wage   Annual Wage
Entry $38.35   Entry $79,782.00
Mean $64.51   Mean $134,180.00
Experience $77.58 Experience $161,378.00

The data is based on the May 2017 Occupation Employment Survey employment and wage estimate file. The wages have been aged using the most current ECI factors reflecting wages as of June 2018.

Alabama Projections
Estimated Employment 2016Projected Employment 2026Annual Average OpeningsAnnual Growth Rate
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Occupational Videos
11-3031.00 Financial Managers