Financial Analysts vs Financial Managers: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Financial Managers professionals earn $60,350 more per year than Financial Analysts professionals — that's 59.5% higher.
Salary Range Comparison
Financial Analysts$62,410 – $180,550
Financial Managers$86,490 – N/A
$62,410$180,550
Detailed Salary Comparison
| Percentile | Financial Analysts | Financial Managers | Difference |
|---|---|---|---|
| 10th Percentile | $62,410 | $86,490 | $-24,080 |
| 25th Percentile | $78,300 | $118,360 | $-40,060 |
| Median (50th) | $101,350 | $161,700 | $-60,350 |
| 75th Percentile | $132,050 | $214,210 | $-82,160 |
| 90th Percentile | $180,550 | N/A | N/A |
| Mean (Average) | $116,490 | $180,470 | $-63,980 |
Employment Numbers
Financial Analysts
340,580
employed nationwide
Financial Managers
818,620
employed nationwide
Top Paying Cities
Best Cities for Financial Analysts
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $134,470 |
| New York-Newark-Jersey City, NY-NJ-PA | $128,490 |
| San Francisco-Oakland-Berkeley, CA | $128,470 |
| Seattle-Tacoma-Bellevue, WA | $111,410 |
| Boston-Cambridge-Nashua, MA-NH | $110,450 |
Best Cities for Financial Managers
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $218,920 |
| New York-Newark-Jersey City, NY-NJ-PA | $216,520 |
| San Francisco-Oakland-Berkeley, CA | $211,730 |
| Boston-Cambridge-Nashua, MA-NH | $188,490 |
| Seattle-Tacoma-Bellevue, WA | $180,770 |
Frequently Asked Questions
Who earns more: Financial Analysts or Financial Managers?
Financial Managers professionals earn more, with a median salary difference of $60,350 (59.5% higher) as of 2024 BLS data.
What is the salary range for Financial Analysts?
Financial Analysts salaries range from $62,410 (10th percentile) to $180,550 (90th percentile), with a median of $101,350.
What is the salary range for Financial Managers?
Financial Managers salaries range from $86,490 (10th percentile) to N/A (90th percentile), with a median of $161,700.
How many Financial Analysts and Financial Managers jobs are there?
There are approximately 340,580 Financial Analysts positions and 818,620 Financial Managers positions nationwide according to 2024 BLS data.
Is it worth switching from Financial Managers to Financial Analysts?
Career decisions depend on many factors beyond salary. Financial Analysts has a median salary of $101,350 while Financial Managers earns $161,700. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS