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Business and financial project management professionals SOC 2440

Business and financial project management professionals (SOC 2440, also written as job code 2440) qualifies for UK Skilled Worker visa sponsorship. Your employer must pay at least the going rate of £56,500 per year. Scroll down for salary benchmarks, the visa rules, and live jobs from licensed sponsors.

Not sure if SOC 2440 applies to your situation?

The answer above is the general rule. Your case can be different if you already hold a visa and are extending or switching, if you were sponsored before a rule change, or depending on your salary. Our AI assistant can explain the full rules from gov.uk guidance.

Ask AI about SOC 2440

What does a business and financial project management professional do?

Business and financial project management professionals manage and oversee major projects across all sectors of modern industry, commerce and the public sector, in areas such as e-commerce, business analysis, finance, product development, marketing, human resources.

Typical tasks

  • finds out what the client or company wants to achieve
  • agrees timescales, costs and resources needed
  • draws up a detailed plan for how to achieve each stage of the project
  • selects and leads a project team
  • negotiates with contractors and suppliers for materials and services
  • ensures that each stage of the project is progressing on time, on budget and to the right quality standards
  • reports regularly on progress to the client or to senior managers

Typical entry routes and qualifications

Entry may be via a degree or postgraduate qualification in project management or a subject relevant to the particular sector or via significant relevant work experience in that sector.

Visa sponsorship requirements

Eligible
Sponsorship
Higher Skilled
Skill level
RQF Level 6+
£56,500
Going rate · year
New entrant rate (graduates & under 26s): £39,500/year · See who qualifies

UK market salary · ASHE 2025

What business and financial project management professionals earn in the UK

£58,812
basic median, full-time▲ 5.0% YoY

Plus £2,218 – £10,000 in bonus & commission

UK market basic pay at a glance

ASHE 2025

How visa salary requirements compare to what employers pay.

10th £35,880p10£36k25th £45,968p25£46kmedian £58,812med£59k75th £76,128p75£76k90th £93,392p90£93k
huntukvisasponsors.com
SOC 2440
£41,700 thresholdthreshold£42knew entrant £39,550–£50,850new entrant£40k–£51kgoing rate £56,500going rate£57k

Most business and financial project management professionals in the UK earn between £45,968 and £76,128 in basic pay, with experienced professionals in the top 10% earning above £93,392. For Skilled Worker visa holders, the minimum salary (going rate) for this role is £56,500 (SOC 2440), sitting at the 45th percentile of what UK employers pay and £2,312 below the median.

All figures are before tax. Calculate your take-home pay.

Comparing with an offer back home? Try the UK vs home country calculator.

Source: ONS ASHE 2025 provisional, Table 14. Sample: ~314k UK jobs. Full-time employees only. Figures show basic pay (excluding bonus, commission, and overtime), which the Home Office uses for Skilled Worker visa salary checks. The "going rate" is the minimum basic salary a Skilled Worker visa sponsor must pay for this occupation code.

Source & methodology

Source: ONS ASHE 2025 provisional, Table 14. Sample: ~314k UK jobs. Full-time employees only. Figures show basic pay (excluding bonus, commission, and overtime), which the Home Office uses for Skilled Worker visa salary checks. The "going rate" is the minimum basic salary a Skilled Worker visa sponsor must pay for this occupation code.

How to get sponsored as a business and financial project management professional

  1. 1

    Find a licensed sponsor on Hunt UK Visa Sponsors

    Browse our register of UK companies with an active sponsor licence. Filter by industry, size, sponsor rating, and whether they're currently hiring business and financial project management professionals, so you only apply where a visa is actually on the table.

    Browse licensed sponsors
  2. 2

    Confirm the salary meets the £56,500 going rate

    Your employer must pay whichever is higher: the going rate for SOC 2440 (£56,500) or the general Skilled Worker threshold of £41,700 per year.

    New entrants and ISL roles may qualify for a lower rate. See the New entrant & discount rates section below.

  3. 3

    Receive a Certificate of Sponsorship

    Your sponsor issues a Certificate of Sponsorship (CoS), a reference number the Home Office uses to check the job offer, salary, and duties line up with an eligible SOC code.

  4. 4

    Apply for a Skilled Worker visa at gov.uk

    Submit the Skilled Worker visa application online within 3 months of your CoS assignment date. You'll also book a biometric appointment and pay the immigration health surcharge.

    Apply on gov.uk
  5. 5

    Move to the UK and start work

    Travel to the UK before your CoS start date and begin working for the sponsor named on the certificate.

New entrant & discount rates

If you're under 26, switching from a Student visa, or a recent UK graduate, your employer can pay the new entrant rate of £39,500 per year for up to 4 years.

Continuously sponsored as a Skilled Worker since before 4 April 2024? Lower thresholds apply: £43,300 standard, or £30,300 as a new entrant.

Roles under SOC 2440

Project ManagerProgramme ManagerDelivery ManagerChange ManagerRisk ManagerBusiness change managersClinical trials coordinatorsBusiness and financial project management professionals

Recent jobs under SOC 2440

No current listings under SOC 2440.
Browse all sponsor jobs

Frequently asked questions

Can business and financial project management professionals get a UK Skilled Worker visa?

Yes. Business and financial project management professionals roles fall under SOC 2440 (Higher Skilled), so they qualify for Skilled Worker visa sponsorship. Your employer will need a sponsor licence and must pay at least the going rate for this occupation.

What is job code 2440?

Job code 2440, SOC code 2440 and occupation code 2440 all refer to the same thing: the Standard Occupational Classification (SOC 2020) unit group covering business and financial project management professionals. The Home Office uses this 4-digit code on a Certificate of Sponsorship to check Skilled Worker visa eligibility and to set the going rate salary threshold for the role.

What salary do business and financial project management professionals need for visa sponsorship?

The going rate for Business and financial project management professionals (SOC 2440) is £56,500 (£28.97 per hour). Occupation rate applies. Your employer must pay whichever is higher: this going rate or the general Skilled Worker threshold of £41,700 per year.

What job titles are covered by SOC 2440?

SOC 2440 covers a range of business and financial project management professionals roles, including: Business change managers, Clinical trials coordinators, Risk managers, Business and financial project management professionals not elsewhere classified.. Keep in mind that the Home Office matches jobs by duties rather than title alone. Two roles with the same title can fall under different SOC codes depending on the actual work involved.

Is there a lower salary for new graduates entering business and financial project management professionals roles?

Yes. If you're under 26, a recent graduate, a PhD student, or switching from a Student or Graduate visa, you count as a "new entrant". For Business and financial project management professionals (SOC 2440) the new entrant minimum is £39,500 per year, based on the Home Office's published lower going rate and the £33,400 new entrant threshold. The discount lasts up to 4 years in total.

Where can I find business and financial project management professionals jobs with UK visa sponsorship?

We list Business and financial project management professionals roles from companies with a Home Office sponsor licence. Scroll down to see what's currently open, or search our full jobs database for more visa-sponsored positions across the UK.

This information is provided as guidance only and should not be treated as legal advice. Eligibility criteria and salary thresholds are based on the latest published government data. Always verify with the official UK government guidance or seek professional immigration advice.