Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business manager-finance managers and requirements 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 business manager-finance manager and a requirements manager. Additionally, a business manager-finance manager has an average salary of $106,036, which is higher than the $87,310 average annual salary of a requirements manager.
The top three skills for a business manager-finance manager include financial analysis, project management and financial management. The most important skills for a requirements manager are java, client facing, and emerging technologies.
| Business Manager-Finance Manager | Requirements Manager | |
| Yearly salary | $106,036 | $87,310 |
| Hourly rate | $50.98 | $41.98 |
| Growth rate | 17% | 16% |
| Number of jobs | 180,161 | 64,837 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 64% |
| Average age | 46 | 47 |
| Years of experience | 8 | 8 |
A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.
A Requirements Manager develops and oversees procedures to ensure that projects meet their needs. They focus on identifying project requirements through extensive research and analysis, conceptualizing plans to attain them. There are also instances when they must spearhead product and requirement reviews, identifying their strengths and weaknesses to develop solutions against potential problem areas. Most Requirements Managers manage development teams, leading and encouraging them to reach goals while implementing company standards and regulations for a smooth and efficient workflow.
Business manager-finance managers and requirements managers have different pay scales, as shown below.
| Business Manager-Finance Manager | Requirements Manager | |
| Average salary | $106,036 | $87,310 |
| Salary range | Between $73,000 And $152,000 | Between $56,000 And $135,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | California | - |
| Best paying company | ZS | - |
| Best paying industry | Finance | - |
There are a few differences between a business manager-finance manager and a requirements manager in terms of educational background:
| Business Manager-Finance Manager | Requirements Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Carnegie Mellon University |
Here are the differences between business manager-finance managers' and requirements managers' demographics:
| Business Manager-Finance Manager | Requirements Manager | |
| Average age | 46 | 47 |
| Gender ratio | Male, 58.8% Female, 41.2% | Male, 66.8% Female, 33.2% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% | Black or African American, 6.8% Unknown, 5.2% Hispanic or Latino, 10.2% Asian, 12.6% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 11% |