What is the highest-paying job in finance? (2024)

What is the highest-paying job in finance?

While ZipRecruiter is seeing annual salaries as high as $135,500 and as low as $25,000, the majority of salaries within the Finance Degree jobs category currently range between $75,000 (25th percentile) to $109,000 (75th percentile) with top earners (90th percentile) making $135,000 annually across the United States.

What's the highest paying job in finance?

Top 5 Highest Paying Jobs in Finance
  • Chief financial officer (CFO)
  • Investment banking.
  • Hedge fund manager.
  • Private equity associate.
  • Actuary.
Feb 6, 2024

What is the most you can make in finance?

While ZipRecruiter is seeing annual salaries as high as $135,500 and as low as $25,000, the majority of salaries within the Finance Degree jobs category currently range between $75,000 (25th percentile) to $109,000 (75th percentile) with top earners (90th percentile) making $135,000 annually across the United States.

Is finance the highest paying major?

No surprise, majoring in engineering and finance yields the biggest paydays five years after graduating college, while majoring in liberal arts or performing arts pays the least.

What is the actual highest paying job?

Get Matched!
  • Anesthesiologist. #1 in Best-Paying Jobs (tie) ...
  • Obstetrician and Gynecologist. #1 in Best-Paying Jobs (tie) ...
  • Oral and Maxillofacial Surgeon. #1 in Best-Paying Jobs (tie) ...
  • Psychiatrist. #4 in Best-Paying Jobs. ...
  • Nurse Anesthetist. #5 in Best-Paying Jobs. ...
  • Pediatrician. #6 in Best-Paying Jobs. ...
  • Orthodontist. ...
  • IT Manager.

Is finance a well paying career?

Finance careers can be very lucrative for high-performing workers, with management roles commonly earning over $150,000 annually and executive salaries often reaching even higher.

Do finance majors make 6 figures?

Finance can be a fiercely competitive field. It's a famously high-paying industry known to deal out six or seven figures in salaries and bonuses for those at the top. Even those on the bottom rung can expect to start at a good wage compared with other fields.

Is finance hard if you're bad at math?

It's normal to have these thoughts and it's good to ask these kind of questions before you get into it. Believe it or not, mastery of advanced math skills is not necessary to have a career in finance. With today's technology, all math-related tasks can be done by computers and calculators.

Does finance pay more than accounting?

In 2021, the average salary estimate for workers in the business field was $63,000. Fast forward to 2023, those who had a bachelor's degree in finance tend to have slightly higher starting median incomes than those with accounting degrees.

Does finance majors make a lot of money?

High Earning Potential: Finance careers typically offer higher-than-average salaries, with some roles being especially lucrative. Finance majors on average earn $101,038. High Pay and Stability: Finance jobs frequently come with competitive salaries, stability, and consistent demand.

What is the number #1 highest paying major?

College majors that pay the most for mid-career workers
1.Chemical engineering$133K
2.Computer engineering$125K
3.Aerospace engineering$120K
4.Electrical engineering$112K
5.Mechanical engineering$111K
11 more rows
Mar 14, 2024

How to make 300k a year?

If you want to earn a high salary, look at some of the jobs that pay $300,000 a year to the top earners.
  1. Radiologist. ...
  2. Chief executive officer (CEO) ...
  3. Chief financial officer (CFO) ...
  4. Principal software architect. ...
  5. Obstetrics and gynecology physician. ...
  6. Emergency medicine physician. ...
  7. Psychiatrist. ...
  8. Physician.
Mar 10, 2023

What is the hottest job in the US pays $80000?

As makers and operators of wind farms expand training and hiring, experienced technicians can make about $80,000 a year without a college degree—though they must be willing to travel extensively, endure extreme weather and lug 50 pounds of gear up long ladders to confined spaces.

What job pays the most an hour?

11 high-paying hourly jobs
  • Air traffic controller.
  • Veterinarian.
  • Senior creative director.
  • Management consultant.
  • Tattoo artist.
  • Psychiatrist.
  • Orthodontist.
  • Anesthesiologist.
Mar 24, 2023

Are finance degrees worth it?

A finance degree is a valuable asset to any career. With a bachelor's, you can apply for various roles, including financial analyst, accountant, financial advisor, auditor, or treasury analyst. You could also pursue a career in investment banking or stockbroking within the banking industry.

Why do finance jobs pay more?

Finance professionals are often responsible for managing large amounts of money, making critical decisions that can have significant financial impact. Additionally, the finance industry can be very competitive, and those with specialized skills and knowledge are often in high demand.

Is finance a good major to go into?

A career in finance can be very lucrative. The average salary for a finance major is $101,038. Pursuing a career as a financial advisor or another form of financial sales can go well beyond this number, whereas a career in corporate America or the government typically stays close to it.

Can you make millions in finance?

Hedge fund managers can make tens of millions of dollars because of a similar compensation structure to private equity; hedge funds charge both an annual management fee (typically 2% of assets managed) and a performance fee (typically 20% of gross returns).

What is a 7 figure salary in finance?

A seven-figure job refers to the number of digits listed in your salary. This includes people who earn anywhere from $1 million to just under $10 million per year.

Is finance a lot of math?

One thing to consider when choosing to study finance is that much of what you study during your degree program will include a mix of economics and accounting, which is naturally going to require at least some math, so if you absolutely detest math, then this may not be the right degree for you.

How hard is a degree in finance?

Finance degrees are generally considered to be challenging. In a program like this, students gain exposure to new concepts, from financial lingo to mathematical problems, so there can be a learning curve.

Is finance a stressful degree?

The median annual wage for business and financial occupations is $46,310 higher than the median annual wage for all occupations. Drawbacks of a career in finance can include high stress, long working hours, continuing education requirements, and, in some cases, limited job stability.

What's harder finance or accounting?

While both finance and accounting can be difficult majors, accounting is considered more difficult because it requires more discipline and a lot of math. Accounting is more complex because it relies on precise sets of arithmetic principles.

Is finance harder than economics?

I found finance to be slightly more challenging. Economics varies more though. There are very easy courses you can take, as well as extremely challenging ones—especially at the graduate level. If you're just talking about a basic bachelors degree though, then finance is probably a little harder but not by much.

What degree is better finance or accounting?

An accounting degree allows for many more options. Finance majors have courses more focused on financial services and consultancy. Finance is a great choice for those students who want to manage current and future financials of a company or organization.

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