The highest paying finance jobs are often occupied by MBA graduates. According to the Graduate Management Admission Council (GMAC), 21% of MBAs go into finance-related roles after graduation.
An MBA can help accelerate your career in finance, qualifying you for higher-level managerial and director roles. And some of the top employers of MBA students are big-name finance firms like Goldman Sachs and JP Morgan.
So what are the highest paying finance jobs?*
9. Financial Analyst: $72k+
Financial analysts examine data to create better opportunities and to identify financial issues. Pursuing a financial analyst role could see you earning a comfortable salary of around $72,000. Companies such as Paypal, Amazon and Google are seeking financial analysts with business experience and a relevant understanding of data analytics. These roles come with impressive benefits and mobility opportunities often enhanced further by an MBA.
8. Senior Account Executive: $74k+
Account executives are a key link between the product, client and company and directly manage client relationships and satisfaction. A senior account executive will have a lot of responsibility for growing a company’s revenue, and they will oversee the wider team of account executives. They earn around $74,000 on average.
7. Finance Associate: $80k+
A finance associate creates budgets, advises on fiscal procedure, and handles payments. Salaries are in the region of $80,000. There are opportunities across a variety of industries and regions, with opportunities increased further with an MBA.
6. Accounting Manager: $85k+
Every company has to handle its accounts, which means there are ample opportunities in accounting management across industries.
Accounting managers can earn around $85,000, and even more with an MBA. This role requires management qualities, firm accounting knowledge and understanding of payroll, payments and collections, and a strong understanding of reporting and compliance.
Check out: Which Companies Hire The Most MBAs?
5. Financial Manager: $96k+
MBAs are a good fit for financial management roles and salaries for these hotly sought-after jobs are around an impressive $96,000 depending on experience, region and department.
Financial managers play an integral role in monitoring internal spending, creating regular reviews and leading planning and analysis of benefits and budgets.
4. Corporate or Financial Controller: $134k+
One of the highest paying finance jobs, controllers are responsible for the financial and regulatory compliance of the organization.
With a serious focus on corporate finance and accounting, corporate controller roles require extensive experience, which an MBA can be a great indicator of. Salaries for these roles are around $134,000.
3. Finance Director: $146k+
The finance director is the board member who oversees the day-to-day financial running of a business, creating a stable foundation and framework upon which the company can expand. Finance directors can earn around $146,000 on average, but significantly more at big-name companies. 19% of MBAs in finance work for Fortune 100 companies, according to GMAC, and an MBA further boosts their earning potential.
2. Chief Financial Officer (CFO): $154k+
One of the most senior finance jobs within a company, the CFO is the senior executive in charge of the management of financial actions across the company as a whole. CFO salaries are huge, at $153,000 on average and significantly more at most major firms.
1. VP Finance: $173k+
A dream role for many MBAs, and often combined with the CFO role, the VP of finance supervises and projects the company’s financial activities and actions. As a major leader within the business, the VP of finance is one of the highest-ranking executives and they manage, guide and direct focus. They can earn around or upwards of $173,000, the highest paying finance job available.
MBAs working in finance report a high level of job satisfaction with 78% reporting that they are satisfied or very satisfied with their career progression.
If you are looking to pursue the dizzying heights of the financial world, or take on a top role in finance in one of the world’s biggest corporations, an MBA is an excellent starting point.
*Salary data is sourced from Glassdoor and US average figures are provided.