Bursar vs treasurer

The differences between bursars and treasurers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a bursar, becoming a treasurer takes usually requires 6-8 years. Additionally, a treasurer has an average salary of $80,467, which is higher than the $52,195 average annual salary of a bursar.

The top three skills for a bursar include financial aid, student payments and credit card payments. The most important skills for a treasurer are payroll, fraternity, and bank accounts.

Bursar vs treasurer overview

	Bursar	Treasurer
Yearly salary	$52,195	$80,467
Hourly rate	$25.09	$38.69
Growth rate	-5%	17%
Number of jobs	475	18,358
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 74%
Average age	51	46
Years of experience	6	8

Bursar vs treasurer salary

Bursars and treasurers have different pay scales, as shown below.

	Bursar	Treasurer
Average salary	$52,195	$80,467
Salary range	Between $34,000 And $79,000	Between $37,000 And $173,000
Highest paying City	Dartmouth, MA	Cambridge, MA
Highest paying state	Massachusetts	Maine
Best paying company	Colorado State Express	Partners Group LTD
Best paying industry	-	Manufacturing

Differences between bursar and treasurer education

There are a few differences between a bursar and a treasurer in terms of educational background:

	Bursar	Treasurer
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 74%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Bursar vs treasurer demographics

Here are the differences between bursars' and treasurers' demographics:

	Bursar	Treasurer
Average age	51	46
Gender ratio	Male, 31.6% Female, 68.4%	Male, 48.0% Female, 52.0%
Race ratio	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.3% American Indian and Alaska Native, 0.6%	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	7%	11%

Differences between bursar and treasurer duties and responsibilities

Bursar example responsibilities.

Manage all financial reporting, accounts receivable, general ledgers and reconciliations.
Process accounting documents concerning entitlement to travel expenses for military and /or civilian personnel in activities service by DFAS.
Respond to inquiries from internal organization and external customers regarding package processing, delivery information and services offer by USPS stores.

Treasurer example responsibilities.

Manage accounting department to include A/R and A/P staff.
Organize and manage several school functions/activities, assist school personnel, make PTA purchases, and balance the checkbook.
Trust with managing all financial accounts associate with the fraternity and prepare organized financial statements for all members and alumni.
Champion adoption of consent agenda procedure, streamlining meetings and improving overall effectiveness of alumni leadership.
Form PTO s 501 (c) 3 and prepare PTO s 990.
Calculate and submit the yearly HOA community tax forms.

Bursar vs treasurer skills

Common bursar skills

Financial Aid, 22%
Student Payments, 8%
Credit Card Payments, 5%
Customer Service, 4%
Cash Handling, 4%
Bank Deposits, 4%

Common treasurer skills

Payroll, 14%
Fraternity, 8%
Bank Accounts, 8%
Community Services, 5%
Financial Transactions, 5%
QuickBooks, 4%