Occupation Profile for Financial Managers, Branch or Department

opportunity | video

Direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.

Signficant Points

  • Jobseekers are likely to face competition.
  • About 3 out of 10 work in finance and insurance industries.
  • A bachelor’s degree in finance, accounting, or a related field is the minimum academic preparation, but employers increasingly seek graduates with a master’s degree in business administration, economics, finance, or risk management.
  • Experience may be more important than formal education for some financial manager positions—most notably, branch managers in banks.