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The differences between branch managers and finance center managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a branch manager and a finance center manager. Additionally, a finance center manager has an average salary of $58,763, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a branch manager include customer satisfaction, business development and branch management. The most important skills for a finance center manager are customer service, exceptional client, and financial services.
| Branch Manager | Finance Center Manager | |
| Yearly salary | $56,291 | $58,763 |
| Hourly rate | $27.06 | $28.25 |
| Growth rate | 17% | 17% |
| Number of jobs | 333,883 | 151,642 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
The duties of a finance center manager depend on one's place or industry of employment. Typically, they are responsible for overseeing the operations of a financial center, ensuring everything is running smoothly. They are also responsible for performing clerical tasks such as producing progress reports and presentations, managing schedules, setting goals and deadlines, processing documents, and maintaining data and records of all financial activities. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Branch managers and finance center managers have different pay scales, as shown below.
| Branch Manager | Finance Center Manager | |
| Average salary | $56,291 | $58,763 |
| Salary range | Between $39,000 And $80,000 | Between $33,000 And $104,000 |
| Highest paying City | Oakland, CA | - |
| Highest paying state | Alaska | - |
| Best paying company | FNB | - |
| Best paying industry | Professional | - |
There are a few differences between a branch manager and a finance center manager in terms of educational background:
| Branch Manager | Finance Center Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between branch managers' and finance center managers' demographics:
| Branch Manager | Finance Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 49.1% Female, 50.9% |
| Race ratio | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.0% White, 64.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |