Employment in business and financial operations occupations is projected to grow 5 percent from 2019 to 2029, faster than the average for all occupations, adding about 476,200 new jobs. Globalization, a growing economy, and a complex tax and regulatory environment are expected to continue to lead to strong demand for accountants and auditors. In addition, increasing usage of data and market research in order to understand customers and product demand, and to evaluate marketing strategies, will lead to growing demand for market research analysts.
This median annual wage for business and financial occupations was $72,250 in May 2020, which was higher than the median annual wage for all occupations of $41,950.
BLS provides summary data, including employment projections, for business and financial occupations not shown in the table on this page. That information is available on the Data for Occupations Not Covered in Detail page.
|OCCUPATION||JOB SUMMARY||ENTRY-LEVEL EDUCATION||2020 MEDIAN PAY|
|Accountants and Auditors||
Accountants and auditors prepare and examine financial records.
|Property Appraisers and Assessors||
Property appraisers and assessors provide a value estimate on real estate and on tangible personal and business property.
Budget analysts help public and private organizations plan their finances.
|Claims Adjusters, Appraisers, Examiners, and Investigators||
Claims adjusters, appraisers, examiners, and investigators evaluate insurance claims.
|See How to Become One||$68,130|
|Compensation, Benefits, and Job Analysis Specialists||
Compensation, benefits, and job analysis specialists oversee wage and nonwage programs that an organization provides to its employees in return for their work. They also evaluate position descriptions to determine details such as classification and salary.
Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to make a product or provide a service.
Financial analysts guide businesses and individuals in decisions about expending money to attain profit.
Financial examiners ensure compliance with laws that govern institutions handling monetary transactions.
Fundraisers organize events and campaigns to raise money and other kinds of donations for an organization.
|Human Resources Specialists||
Human resources specialists recruit, screen, interview, and place workers. They also handle employee relations, compensation and benefits, and training.
Insurance underwriters evaluate insurance applications and decide whether to provide insurance, and under what terms.
|Labor Relations Specialists||
Labor relations specialists interpret and administer labor contracts.
Loan officers evaluate, authorize, or recommend approval of loan applications.
Logisticians analyze and coordinate an organization’s supply chain.
Management analysts recommend ways to improve an organization’s efficiency.
|Market Research Analysts||
Market research analysts study market conditions to examine potential sales of a product or service.
|Meeting, Convention, and Event Planners||
Meeting, convention, and event planners arrange all aspects of events and professional gatherings.
|Personal Financial Advisors||
Personal financial advisors provide advice to help individuals manage their finances and plan for their financial future.
|Purchasing Managers, Buyers, and Purchasing Agents||
Buyers and purchasing agents buy products and services for organizations. Purchasing managers oversee the work of buyers and purchasing agents.
|Tax Examiners and Collectors, and Revenue Agents||
Tax examiners and collectors, and revenue agents determine how much is owed in taxes and collect tax from individuals and businesses on behalf of the government.
|Training and Development Specialists||
Training and development specialists plan and administer programs that improve the skills and knowledge of their employees.
The wage at which half of the workers in the occupation earned more than that amount and half earned less. Median wage data are from the BLS Occupational Employment Statistics survey.
Typical level of education that most workers need to enter this occupation.
Last Modified Date: Friday, May 14, 2021