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The differences between budget managers and banking 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 budget manager and a banking center manager. Additionally, a banking center manager has an average salary of $128,585, which is higher than the $76,243 average annual salary of a budget manager.
The top three skills for a budget manager include financial analysis, budget management and financial management. The most important skills for a banking center manager are business development, bank products, and bank policies.
| Budget Manager | Banking Center Manager | |
| Yearly salary | $76,243 | $128,585 |
| Hourly rate | $36.66 | $61.82 |
| Growth rate | 17% | 17% |
| Number of jobs | 68,816 | 87,078 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Budget managers are financial professionals who are responsible for evaluating the financial needs of an organization by developing budget strategies to increase profitability. These managers are must observe the financial trends with the organization's expenditure while communicating budget issues with the different departments within the organization. They are required to formulate strategic business plans by analyzing previous budgets and financial developments that may impact their potential income. Budget managers must also produce expenditure reports for the upper management as well as informing department managers about the availability of funds.
A banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints. A banking center manager must have excellent communication and analytical skills, especially in developing banking solutions that would increase the bank's reliability to the customers.
Budget managers and banking center managers have different pay scales, as shown below.
| Budget Manager | Banking Center Manager | |
| Average salary | $76,243 | $128,585 |
| Salary range | Between $52,000 And $110,000 | Between $95,000 And $173,000 |
| Highest paying City | Sacramento, CA | - |
| Highest paying state | New York | - |
| Best paying company | Apple | - |
| Best paying industry | Manufacturing | - |
There are a few differences between a budget manager and a banking center manager in terms of educational background:
| Budget Manager | Banking Center Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 70% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between budget managers' and banking center managers' demographics:
| Budget Manager | Banking Center Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 59.1% Female, 40.9% | Male, 47.0% Female, 53.0% |
| Race ratio | Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 9.0% White, 63.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |