With a national median of $117,330 and +7.4% projected job growth through 2035, Financial Risk Specialists offers both strong financial return and stable long-term demand.
This page sets out what the federal data says about working as a financial risk specialists: what the job pays, how fast it is growing, and what it takes to get in. Most people arrive through a degree in Business Administration and what it leads to, though it is not the only route.
Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.
Also known as:
Most financial risk specialists take home around $117,330 a year, well above what most college graduates make. Half earn somewhere between $83,980 and $158,250, so where you land depends a lot on employer, specialty and city. Worth weighing against how long the training takes. Source: BLS.
A wage on its own says nothing about whether the degree behind it pays for itself, which is a question of lifetime earnings set against the total cost of getting there.
Well above average for college graduates.
25th to 75th percentile. Most workers earn within this band.
Through 2035 the BLS expects this field to change by +7.4%, meaning it is growing at about the same pace as everything else, so expect steady demand. Around 4,800 roles open up each year, which is the number that matters most if you are starting out. Source: BLS.
Growth rates are only meaningful next to other occupations, and the full list of careers with their projected growth puts this one in context.
About as fast as average.
New positions plus replacements for retirees and career-changers.
Total US employment as of BLS May 2025.
Source: BLS Employment Projections 2025–2035 and Occupational Employment and Wage Statistics May 2025.
The five states below employ the most Financial Risk Specialists professionals nationwide. State-level wages can differ significantly from the $117,330 national median. Research your specific market before committing to a program.
| # | State | Jobs | Median Wage | vs. National |
|---|---|---|---|---|
| 1 | New York | 12,060 | $136,830 | +16.6% |
| 2 | California | 5,740 | $129,110 | +10.0% |
| 3 | Texas | 4,780 | $103,760 | -11.6% |
| 4 | Florida | 3,770 | $99,900 | -14.9% |
| 5 | North Carolina | 3,200 | $132,040 | +12.5% |
Source: BLS Occupational Employment and Wage Statistics, May 2025. Employment figures rounded. Read our methodology →
To get hired here you will usually need a bachelor's degree. The 6 programs below are the most common routes in, ordered by how many people actually graduate from each one.
The next most common path is an Accounting program and the colleges offering it, which suits a different kind of applicant.
These positions typically require a bachelor's degree and several years of related experience before advancing into senior roles.
| # | Program | Graduates/yr | 4yr Median | Colleges |
|---|---|---|---|---|
| 1 | Business Administration | 395,227 | $68,257 | 2,611 |
| 2 | Accounting | 84,760 | $76,194 | 2,112 |
| 3 | Finance | 58,013 | $83,343 | 949 |
| 4 | Management Sciences | 56,747 | $86,176 | 593 |
| 5 | Applied Mathematics | 11,635 | $91,532 | 417 |
| 6 | Business Statistics | 4,885 | $77,981 | 258 |
Colleges offering the degree programs that lead to this career, ranked by UCD Score. A strong program plus solid outcomes is a good place to begin your search.
| # | College | UCD Score | Net Price | Salary 10yr |
|---|---|---|---|---|
| 1 | United States Coast Guard Academy New London, CT | 96 | — | — |
| 2 | United States Air Force Academy USAF Academy, CO | 96 | — | — |
| 3 | United States Military Academy West Point, NY | 96 | — | — |
| 4 | Princeton University Princeton, NJ | 94 | $6,128 | $110,066 |
| 5 | CUNY Bernard M Baruch College New York, NY | 93 | $3,033 | $75,971 |
| 6 | University of California-Los Angeles Los Angeles, CA | 93 | $12,548 | $82,511 |
Once you've sized up Financial Risk Specialists, these tools turn the numbers into a plan. Estimate the real cost of a degree that leads here, weigh the long-term payoff, compare specific colleges side-by-side, and find programs that match your profile.
See if the degree that leads to Financial Risk Specialists pays off. Weighs each college's cost against the earnings graduates see.
Enter a budget and see the colleges whose net price fits, with the out-of-pocket cost and likely loan load for each.
Put any 2–4 colleges side-by-side. Admissions, cost, outcomes, and earnings, all on one screen, no tab-hopping.
Answer six quick questions and see your best-fit colleges ranked by budget, field of study, and what matters most to you.
Strong earnings and growing demand make Financial Risk Specialists a compelling path. The 3 strengths and 1 trade-offs below are drawn from BLS wage data and employment projections.
Air traffic controllers earn more than the typical bachelor's-degree career, with an associate degree. The occupations that pay six figures without four years of college.
Group every career by the degree it requires and master's-level jobs pay a median of about $91,000, statistically tied with bachelor's-level work. The premium hides in a few fields.
Only 106 of 393 federal careers both pay a median above $80,000 and grow faster than the typical job. Here is the rare set that clears both bars.
Browse our full directory: every college, major, program, and career we track, all built from verified government data.
Scout uses AI and can make mistakes. Verify important numbers on the page.
