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The differences between business managers and project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a project manager has an average salary of $91,578, which is higher than the $83,198 average annual salary of a business manager.
The top three skills for a business manager include customer service, powerpoint and project management. The most important skills for a project manager are project management, project scope, and customer service.
| Business Manager | Project Manager | |
| Yearly salary | $83,198 | $91,578 |
| Hourly rate | $40.00 | $44.03 |
| Growth rate | 6% | 8% |
| Number of jobs | 377,191 | 167,116 |
| Job satisfaction | 5 | 4.17 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 68% |
| Average age | 44 | 47 |
| Years of experience | 6 | - |
A business manager is responsible for directing the overall operations of the company, ensuring that all employees do their tasks efficiently and accurately. Business managers' duties include developing strategic solutions, evaluating employees' performance, identifying business opportunities to grow, monitoring the company's expenses to meet its budget goals, implementing techniques to boost the company's revenue and profitability, and adhering to the company's legal policies and procedures. A business manager must have excellent leadership and interpersonal skills to supervise daily operations.
Project managers oversee a specific project related to the organization's business. They manage the whole project from inception to evaluation. They initiate planning with involved departments, follow-through on the plans, ensure smooth execution of the plans, and evaluate the project for further improvements should these be needed. In line with this, project managers also ensure that the project is cost-efficient and well within the budget. They also manage the different work teams involved in the project and ensure that things are running smoothly on this aspect as well.
Business managers and project managers have different pay scales, as shown below.
| Business Manager | Project Manager | |
| Average salary | $83,198 | $91,578 |
| Salary range | Between $47,000 And $145,000 | Between $64,000 And $129,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | The Citadel | The Citadel |
| Best paying industry | Technology | Technology |
There are a few differences between a business manager and a project manager in terms of educational background:
| Business Manager | Project Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business managers' and project managers' demographics:
| Business Manager | Project Manager | |
| Average age | 44 | 47 |
| Gender ratio | Male, 43.2% Female, 56.8% | Male, 68.9% Female, 31.1% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% | Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |