A. Insurance, Real Estate and Financial Brokerage Managers plan, organize, direct, control and evaluate the operation of and establishment or department that: provides insurances services, buys, sells and leases property, finds lenders or lending institutions and buys and sells stocks, bonds and other forms of investments.
B. Banking, Credit and Other Investment Managers plan, organize, direct, control and evaluate the branch operations of a bank, trust company, credit union or similar financial institution responsible for administering personal and commercial loans, buying and selling securities, operating investment funds, administering trusts, settling estates or other related activities.
1. Finance and insurance - 66.0%
2. Real estate and rental and leasing - 14.0%
3. Administrative and support waste management and remediation services - 4.0%
4. Wholesale trade - 2.0%
5. Management scientific and technical consulting services - 2.0%
1. To be an Insurance, Real Estate and Financial Brokerage Manager, you need a university degree or college diploma in business administration, economics or other related field. In addition, several years of experience are usually required.
2. To be a Banking, Credit and Other Investment Manager, you need a university degree or college diploma in business administration, economics or other related field. A master's degree in business administration or finance may be required. In addition, several years of experience are required.
3. Most recent entrants have an undergraduate univeristy degree, and almost 3 in 10 have a community college diploma.
4. Computer-related courses
The average hourly wages for Managers in Financial and Business Services is $30.16/HR, which is close to the average for occupations in the business, finance and administration sector.
These wages grew at a below-average rate from 2002 to 2004.