Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance interns and finance clerks can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $38,458 average annual salary of a finance internship.
The top three skills for a finance internship include risk management, internal audit and power bi. The most important skills for a finance clerk are data entry, purchase orders, and HR.
| Finance Internship | Finance Clerk | |
| Yearly salary | $38,458 | $39,225 |
| Hourly rate | $18.49 | $18.86 |
| Growth rate | 15% | -5% |
| Number of jobs | 115,143 | 143,372 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 44% |
| Average age | 43 | 51 |
| Years of experience | - | 6 |
A finance intern generally provides basic assistance on the financial institution while learning of its operations and complexities. Finance interns should be highly attentive on observing processes, assessing financial reports, familiarizing on records management, and supporting data entry procedures. Financial internships provide the best training grounds for interns who wanted to pursue a career in the financial industry. Financial interns, depending on the organization, will be given regular work assignments to practice their analytical and statistical skills which are very crucial in the financial system industry.
Finance clerks are financial professionals who are responsible for performing various administrative tasks such as keeping financial records, preparing bills, and delivering excellent customer service. These clerks are required to process bills, checks, receipts, and other documents to ensure that they are all properly signed and distributed. They must verify financial and other data so that they can enter those data into the database and maintain updated records. Finance clerks must also assist with account reconciliations and should report the status of accounts and discrepancies to the management.
Finance interns and finance clerks have different pay scales, as shown below.
| Finance Internship | Finance Clerk | |
| Average salary | $38,458 | $39,225 |
| Salary range | Between $28,000 And $52,000 | Between $27,000 And $56,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Shearman & Sterling | United States Courts |
| Best paying industry | Telecommunication | Government |
There are a few differences between a finance internship and a finance clerk in terms of educational background:
| Finance Internship | Finance Clerk | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 44% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance interns' and finance clerks' demographics:
| Finance Internship | Finance Clerk | |
| Average age | 43 | 51 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 26.2% Female, 73.8% |
| Race ratio | Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3% | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 4% | 7% |