Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance counselors and counselors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance counselor has an average salary of $40,561, which is higher than the $36,225 average annual salary of a counselor.
The top three skills for a finance counselor include patients, customer service and medical terminology. The most important skills for a counselor are patients, crisis intervention, and substance abuse.
| Finance Counselor | Counselor | |
| Yearly salary | $40,561 | $36,225 |
| Hourly rate | $19.50 | $17.42 |
| Growth rate | 15% | 10% |
| Number of jobs | 101,005 | 77,536 |
| Job satisfaction | - | 2 |
| Most common degree | Bachelor's Degree, 47% | Bachelor's Degree, 59% |
| Average age | 45 | 44 |
| Years of experience | 4 | - |
A finance counselor specializes in providing billing advice to patients in a hospital or similar setting. They are primarily responsible for giving cost-estimates and offering financial assistance in payment plans and other options such as insurance. Moreover, they must gather patient information and requirements, verifying them for authenticity. They must also review financial and medical history to ensure that the patient can uphold financial obligations. Furthermore, it is essential to build rapport with clients to improve relationships.
Often, counselors are known to be the go-to person in times we are in need of emotional and psychological support. They help people to manage and overcome the issues which affect their mental health and well-being. Counselors face different kind of situations which may involve trauma, addiction, disabilities, abuse, suicide, anger management, career, and even personal relationships. They provide care, counseling, rehabilitation, and support services. Every counseling requires collaborative effort both from the counselor and client to become effective.
Finance counselors and counselors have different pay scales, as shown below.
| Finance Counselor | Counselor | |
| Average salary | $40,561 | $36,225 |
| Salary range | Between $32,000 And $50,000 | Between $19,000 And $67,000 |
| Highest paying City | Glen Cove, NY | - |
| Highest paying state | New York | California |
| Best paying company | Morgan Stanley | - |
| Best paying industry | Health Care | Education |
There are a few differences between a finance counselor and a counselor in terms of educational background:
| Finance Counselor | Counselor | |
| Most common degree | Bachelor's Degree, 47% | Bachelor's Degree, 59% |
| Most common major | Business | Psychology |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance counselors' and counselors' demographics:
| Finance Counselor | Counselor | |
| Average age | 45 | 44 |
| Gender ratio | Male, 21.0% Female, 79.0% | Male, 38.5% Female, 61.5% |
| Race ratio | Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.1% | Black or African American, 15.6% Unknown, 5.1% Hispanic or Latino, 11.1% Asian, 3.5% White, 63.5% American Indian and Alaska Native, 1.2% |
| LGBT Percentage | 5% | 9% |