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The Five Highest Paying Careers in Business and Financial Operations

By Edited Aug 20, 2015 0 0

Business and Financial Operations

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The Five Highest Paying Careers in Business and Financial Operations

Here is some helpful information on the top five paying careers in the field of Business and Financial Operations, according to the United States Department of Labor Statistics, May 2009 National Occupational Employment and Wage Estimates United States.  

These estimates were calculated with data collected from employers in all industry sectors in metropolitan and nonmetropolitan areas in every State and the District of Columbia.  The estimates do not include self-employed workers. Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hour’s figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data. Wages for some occupations that do not generally work year-round, full time, are reported either as hourly wages or annual salaries depending on how they are typically paid.

According to the United States Department of Labor Statistics the following five jobs averaged the highest salaries in the field of Business and Financial Operations. These estimates were calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. Each statistic includes an annual mean wage estimate.

Personal Financial Advisors: $94,180

Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives to establish investment strategies.

Industries:

Other Financial Investment Activities: $110,130
Securities and Commodity Contracts Intermediation and Brokerage: $104,840
Depository Credit Intermediation: $64,010
Agencies, Brokerages, and Other Insurance Related Activities: $89,920
Management of Companies and Enterprises: $76,440

Top Paying:

Other Financial Investment Activities: $110,130
Securities and Commodity Contracts Intermediation and Brokerage: $104,840
Accounting, Tax Preparation, Bookkeeping, and Payroll Services: $95,850
Office Administrative Services: $92,220
Agencies, Brokerages, and Other Insurance Related Activities: $89,920

States with the Largest Number of Workers:

New York: $146,460
Delaware: $74,130
Connecticut: $125,210
Florida: $64,810
Massachusetts: $139,390

Top Paying:

New York: $146,460
Massachusetts: $139,390
Connecticut: $125,210
Alabama: $108,240
Pennsylvania: $97,090

Metropolitan Areas with the Highest Concentration of Workers:

Sebastian-Vero Beach, FL: $84,430
Nashua, NH-MA NECTA Division: $55,610
Bridgeport-Stamford-Norwalk, CT: $141,850
New York-White Plains-Wayne, NY-NJ: $151,510
San Francisco-San Mateo-Redwood City, CA: $146,920

Top Paying Metropolitan Areas: 

Worcester, MA-CT: $152,790
New York-White Plains-Wayne, NY-NJ: $151,510
Boston-Cambridge-Quincy, MA NECTA Division:  $147,450
San Francisco-San Mateo-Redwood City, CA: $146,920
Trenton-Ewing, NJ: $143,270

Agents and Business Managers of Artists, Performers, and Athletes: $87,430

Represent and promote artists, performers, and athletes to prospective employers. They may handle contract negotiation and other business matters for clients.

Industries:

Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures: $97,820
Promoters of Performing Arts, Sports, and Similar Events: $63,030
Performing Arts Companies: $58,860
Independent Artists, Writers, and Performers: $67,640
Spectator Sports: $67,700

Top Paying:

Motion Picture and Video Industries: $119,550
Accounting, Tax Preparation, Bookkeeping, and Payroll Services: $119,110
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures: $97,820
Colleges, Universities, and Professional Schools: $70,320
Sound Recording Industries: $68,690

States with the Largest Number of Workers:

Tennessee: $82,970
California: $114,300
New York: $102,960
Connecticut: $107,260
Florida: $49,950

Top Paying:

California: $114,300
Connecticut: $107,260
New York: $102,960
Illinois: $91,970
Massachusetts: $91,330

Metropolitan Areas with the Highest Concentration of Workers:

Nashville-Davidson--Murfreesboro--Franklin, TN: $84,860
Los Angeles-Long Beach-Glendale, CA Metropolitan Division: $117,320
Boulder, CO: $72,720
New York-White Plains-Wayne, NY-NJ Metropolitan Division: $103,770
Akron, OH: $63,000

Top Paying Metropolitan Areas:

Los Angeles-Long Beach-Glendale, CA Metropolitan Division: $117,320
Bridgeport-Stamford-Norwalk, CT: $109,260 
New York-White Plains-Wayne, NY-NJ: $103,770
Chicago-Naperville-Joliet, IL: $95,140
Dallas-Plano-Irving, TX: $92,300

Financial Analysts: $85,240

Conduct quantitative analyses of information affecting investment programs of public or private institutions.

Industries:

Other Financial Investment Activities: $111,490
Management of Companies and Enterprises: $79,420
Securities and Commodity Contracts Intermediation and Brokerage: $98,220
Depository Credit Intermediation: $76,120
Insurance Carriers: $74,980

Top Paying:

Other Financial Investment Activities: $111,490
Securities and Commodity Exchanges: $105,820
Insurance and Employee Benefit Funds: $100,670
Securities and Commodity Contracts Intermediation and Brokerage: $98,220
Advertising, Public Relations, and Related Services: $94,810

States with the Largest Numberr of Workers:

Delaware: $81,480
Massachusetts: $93,760
New York: $107,650
Connecticut: $95,040
District of Columbia: $89,260

Top Paying:

New York: $107,650
California: $96,960
Connecticut: $95,040
Massachusetts: $93,760
Oregon: $91,170

Metropolitan Areas with the Highest Concentration of Workers:

Boston-Cambridge-Quincy, MA NECTA Division: $96,620
Bridgeport-Stamford-Norwalk, CT: $111,250
New York-White Plains-Wayne, NY-NJ: $111,970
Wilmington, DE-MD-NJ: $81,650
San Francisco-San Mateo-Redwood City, CA: $119,630

Top Paying Metropolitan Areas:

San Francisco-San Mateo-Redwood City: $119,630
New York-White Plains-Wayne, NY-NJ: $111,970
Bridgeport-Stamford-Norwalk, CT: $111,250
Naples-Marco Island, FL: $105,660 
Oakland-Fremont-Hayward, CA: $104,310

Management Analysts: $84,650

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplifications and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Include program analysts and management consultants.

Industries:

Management, Scientific, and Technical Consulting Services: $97,100
Federal Executive Branch (OES Designation): $84,280
Computer Systems Design and Related Services: $91,040
State Government (OES Designation): $56,340
Management of Companies and Enterprises: $82,030

Top Paying:

Foundries: $131,460
Personal Care Services: $109,970
Furniture Stores: $109,610
Waste Treatment and Disposal: $106,190
Other Financial Investment Activities: $103,920

States with the Largest Number of Workers:

District of Columbia: $88,260

Virginia: $93,740
Georgia: $96,260
Maryland: $87,980
Massachusetts: $100,310

Top Paying:

Massachusetts: $100,310
Georgia: $96,260
New Hampshire: $93,790
Virginia: $93,740
New York: $92,390

Metropolitan Areas with the Highest Concentration of Workers:

Tallahassee, FL: $55,090
Washington-Arlington-Alexandria, DC-VA-MD-WV: $96,310
Warner Robins, GA: $70,400
Carson City, NV: $63,090
Atlanta-Sandy Springs-Marietta, GA: $99,040

Top Paying Metropolitan Areas:

Savannah, GA: $118,030 2.123
Haverhill-North Andover-Amesbury, MA-NH NECTA Division: $107,660
Bridgeport-Stamford-Norwalk, CT: $107,370
Boston-Cambridge-Quincy, MA NECTA Division: $105,270
Idaho Falls, ID: $104,170

Financial Examiners: $79,070

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.

Industries:

Federal Executive Branch (OES Designation): $101,650
State Government (OES Designation): $60,990
Depository Credit Intermediation: $66,290
Securities and Commodity Contracts Intermediation and Brokerage: $83,710
Management of Companies and Enterprises: $76,490

Top Paying:

Federal Executive Branch (OES Designation): $101,650
Monetary Authorities-Central Bank: $89,900
Other Financial Investment Activities: $88,440
Electric Power Generation, Transmission and Distribution: $86,610
Business, Professional, Labor, Political, and Similar Organizations: $85,360

States with the Largest Number of Workers:

District of Columbia: $126,410
Nebraska: $67,600
Massachusetts: $82,810
Delaware: $81,210
Minnesota: $69,300

Top Paying:

District of Columbia: $126,410
Illinois: $91,170
New York: $88,780
New Jersey: $88,620
Connecticut: $88,020

Metropolitan Areas with the Highest Concentration of Workers:

Des Moines-West Des Moines, IA: $75,800
Omaha-Council Bluffs, NE-IA: $67,640
Boston-Cambridge-Quincy, MA NECTA Division: $84,780
Eau Claire, WI: $77,960
San Francisco-San Mateo-Redwood City, CA: $110,480

Top paying metropolitan areas for this occupation:

San Francisco-San Mateo-Redwood City, CA Metropolitan Division: $110,480
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division: $108,200
New York-White Plains-Wayne, NY-NJ Metropolitan Division: $100,750
Charlotte-Gastonia-Concord, NC-SC: $97,440
Oakland-Fremont-Hayward, CA: $97,040

Source: The Bureau of Labor Statistics

Copyright Information: “The Bureau of Labor Statistics (BLS) is a Federal government agency and everything that we publish, both in hard copy and electronically, is in the public domain, except for previously copyrighted photographs and illustrations. You are free to use our public domain material without specific permission, although we do ask that you cite the Bureau of Labor Statistics as the source.” 

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