We use cookies to better understand how you use our site and to provide ads and other offers that may be most relevant to you. By closing this message box or continuing to use our site, you agree to our use of cookies. To find out more, please see our Privacy Policy.

Business and Financial Operations Occupation Profiles

 

Click Here For More Career Videos

 

Overview:

Distinct Groups (32): https://www.bls.gov/oes/current/oes130000.htm
Employment: 7,281,190
Mean Hourly Wage: $36.09
Mean Annual Wage: $75,070
Largest Employment Category—Accountants and Auditors—1,246,540
Smallest Employment Category Farm Labor Contractors—810
Wage Estimates for the entire group can be found here.

The Business and Financial Operations occupation profiles compiled by the U.S. Bureau of Labor Statistics (released in May 2016 and modified in March 2017) include specific information about 32 distinct occupational job types.

Explore the qualifications and nature of each job type through links on this page and throughout the site. Discover new jobs in banking, finance, accounting, business, government, or financial operations. 

Within this occupational group, the Bureau of Labor Statistics has designated the following job types as having a Bright Outlook status, meaning they are projected to display “Rapid Growth” and/or “Numerous Job Openings” during the period between 2016-2026. “Rapid Growth” means the category is projected to grow faster than average (employment increase of 10% or more), and “Numerous Job Openings” is defined as projected to have 100,000 or more job openings during this time period.

Accountants and Auditors  Rapid Growth & Numerous Job Openings Video
Appraisers and Assessors of Real Estate  Rapid Growth  Video
Business Operations Specialists, All Other  Numerous Job Openings Video
Cost Estimators  Rapid Growth  Video
Credit Counselors  Rapid Growth  Video
Financial Analysts  Rapid Growth  Video
Financial Examiners  Rapid Growth  Video
Financial Specialists, All Other  Rapid Growth  Video
Fundraisers  Rapid Growth  Video
Loan Officers  Rapid Growth  Video
Management Analysts  Rapid Growth  Video
Market Research Analysts and Marketing Specialists  Rapid Growth  Video
Meeting, Convention, and Event Planners  Rapid Growth  Video
Personal Financial Advisors  Rapid Growth  Video
Tax Preparers  Rapid Growth  Video
Training and Development Specialists  Rapid Growth  Video

If you are interested in assessing long-term trends and comparing the Bureau’s annual surveys beginning in 1988 see here.

Fast Facts: The Bureau of Labor Statistics (“BLS”) estimates that 7,281,190 are employed in this occupational group earning the “mean annual wage” (as defined below) of $75,070.

In general, the “mean” is the sum of the total values (e.g., wages) in the data set or survey divided by number of values (while the “median” is the middle value in same the sequence. The term “mean annual wage” (or “MAW”) is calculated by multiplying the mean hourly wage as determined by the BLS by a “year-round, full-time” hours figure of 2,080 hours. So, for example, the Business and Financial Operations group’s mean hourly wage of $36.09, multiplied by 2,080, results in the mean annual wage of $75,070.

Did you know? Northern California metropolitan areas lead the way in salaries in this occupational group with San Jose-Sunnyvale-Santa Clara, CA ($101,450), San Rafael, CA Metropolitan Division ($100,760) and San Francisco-Redwood City-South San Francisco, CA Metropolitan Division ($100,500) taking the top three spots, followed by Oakland-Hayward-Berkeley, CA Metropolitan Division ($89,470) at No.8. Though Los Alamos County, New Mexico nonmetropolitan area has only 1,320 jobs in this occupation, it still registers the highest concentration (87.30 per 1,000) among nonmetropolitan areas. 

Highest Paid (mean annual wage) 

Lowest Paid (from lowest) 

For the entire list of mean annual wages for this occupation (from highest to lowest), see here

Sources: In addition to specific citations noted, supplementary source materials include the United States Bureau of Labor Statistics.

 

More info: 1 2 3 4 View All

Occupations
 
 
 
 
 

JOB SEARCH