Topic Introduction: Finance Career Cluster
The Finance Career Cluster encompasses professions that manage and advise on financial transactions, including banking, investment planning, insurance, and business financial management. Careers in this cluster are integral to economic stability and growth, supporting the financial health of individuals and organizations.
Key pathways within this cluster include:
- Banking Services: Roles in financial institutions offering savings, credit, and loan services.
- Business Financial Management: Positions focusing on strategic financial planning and analysis for businesses.
- Financial and Investment Planning: Careers advising individuals and organizations on investments and financial strategies.
- Insurance Services: Jobs related to risk management and providing insurance solutions.
Overall Finance Cluster (Median Range):
- Median Annual Wage (Finance Cluster): Around $76,000 – $96,000
- This is significantly higher than the median wage for all occupations, which was $48,060 in 2023 (BLS).