Financial Managers

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Comments (2)

Analysis

Will "Financial Managers" be replaced by AI & Robots?

There is very little chance of this occupation being replaced by robots/AI. However, our poll suggests a higher chance of automation: a 34% chance of automation within the next 2 decades.

Automation Risk Level

Totally Safe

or 7% probability of automation

Projected Growth

7%

by 2024

People Employed

654,790

as of 2019

Median Annual Wage

$129,890

or $62.44 hourly

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How this compares with other jobs: 152 out of 707

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How likely do you think this occupation will be taken over by robots/AI within the next 20 years?

People Employed (US)

Median Annual Wage (US)

Job description

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

SOC Code: 11-3031

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Comments

Zach says

@Casey kerr -- Finance Managers are business managers at corporations. They don't give financial advice to individuals. It's likely that financial advisors' jobs will change a great deal as new technologies emerge that make it easier for people to make investment decisions with machine guidance, but Finance Managers will likely remain. Someone needs to hold the checkbook and manage the budget. Someone needs to be there to decide whether to sign off on projects or not. If tasks like these are handed to robots, it will only be after sufficient technological advances that make humans obsolete in these functions. At that time, the world will look much, much different. This will be one of the later jobs to fall off.

Sep 07, 2020 at 10:48 PM

Casey kerr (Highly likely) says

Dude people shouldn't be giving financial advice. Only robots.

Nov 29, 2019 at 06:08 AM