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The differences between collections managers and registrars can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a collections manager, becoming a registrar takes usually requires 4-6 years. Additionally, a collections manager has an average salary of $59,529, which is higher than the $40,632 average annual salary of a registrar.
The top three skills for a collections manager include customer service, collection management and portfolio. The most important skills for a registrar are patients, customer service, and medical terminology.
| Collections Manager | Registrar | |
| Yearly salary | $59,529 | $40,632 |
| Hourly rate | $28.62 | $19.53 |
| Growth rate | 17% | 7% |
| Number of jobs | 44,553 | 12,723 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 43% |
| Average age | 46 | 47 |
| Years of experience | 8 | 6 |
A collections manager is an individual who manages a staff of collectors whose job is to contact companies and individuals for the late payments on the products and services they have received. Collections managers oversee a company's process of retrieving money owed to them by assigning collectors to collect the money. They are required to handle customer complaints and must negotiate with customers about payment arrangements to ensure they are being paid. They also provide reports on the collection department's progress, statistics, and data analysis.
A registrar's role is to process and maintain accurate records within an institution or establishment. They are the main point of communication to obtain various kinds of information. In schools, a registrar is in charge of keeping a student or educator's academic, personal, and financial records. They also have the task of arranging a student's course and class schedules. Furthermore, a registrar may also have other administrative tasks such as responding to calls and other forms of correspondence, producing reports, and process requirements.
Collections managers and registrars have different pay scales, as shown below.
| Collections Manager | Registrar | |
| Average salary | $59,529 | $40,632 |
| Salary range | Between $42,000 And $83,000 | Between $29,000 And $56,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Amazon | The American Musical and Dramatic Academy |
| Best paying industry | Health Care | Health Care |
There are a few differences between a collections manager and a registrar in terms of educational background:
| Collections Manager | Registrar | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 43% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between collections managers' and registrars' demographics:
| Collections Manager | Registrar | |
| Average age | 46 | 47 |
| Gender ratio | Male, 50.8% Female, 49.2% | Male, 17.1% Female, 82.9% |
| Race ratio | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 7.3% White, 64.7% American Indian and Alaska Native, 0.3% | Black or African American, 11.4% Unknown, 4.0% Hispanic or Latino, 14.1% Asian, 4.3% White, 65.4% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 16% |