what do finance jobs pay

1 year ago 72
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The finance industry has many high-paying jobs, and the available finance jobs are expected to increase faster than the average occupation in the next decade. According to the U.S. Bureau of Labor Statistics, the median annual wage for business and finance occupations was $76,570 in 2021. Other sources estimate the average entry-level finance salary to be $88,160. Here are some of the highest-paying finance jobs and their average yearly salaries:

  1. Chief compliance officer: $197,001 – $278,101
  2. Chief financial officer: $127,938
  3. Investment banker: $116,000
  4. Financial analyst: $85,660
  5. Private equity associate: $85,000
  6. Hedge fund manager: $84,000
  7. Financial risk manager: $116,000
  8. Portfolio manager: $100,000
  9. Corporate finance manager: $97,000
  10. Trader: $89,000

Its worth noting that many of these jobs require substantial education, especially in math, economics, and statistics, and some positions are entry-level.