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The differences between finance project managers and bank 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 finance project manager and a bank manager. Additionally, a finance project manager has an average salary of $105,050, which is higher than the $96,910 average annual salary of a bank manager.
The top three skills for a finance project manager include project management, financial analysis and process improvement. The most important skills for a bank manager are bank products, financial services, and business development.
| Finance Project Manager | Bank Manager | |
| Yearly salary | $105,050 | $96,910 |
| Hourly rate | $50.50 | $46.59 |
| Growth rate | 17% | 17% |
| Number of jobs | 253,611 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A finance project manager handles the financial analysis of a project management process, including budgeting from the clients' requirements until the forecasting on project revenues. Finance project managers analyze financial statements and account transactions of a company, identifying business opportunities to generate more resources to increase revenue and profits. They create financial reports, recommending cost-reduction techniques to minimize loss while increasing the efficiency of the staff performance, strategizing procedures to maximize productivity, especially on meeting deadlines with high-quality deliverables.
A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.
Finance project managers and bank managers have different pay scales, as shown below.
| Finance Project Manager | Bank Manager | |
| Average salary | $105,050 | $96,910 |
| Salary range | Between $73,000 And $150,000 | Between $65,000 And $142,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Accenture |
| Best paying industry | Technology | Finance |
There are a few differences between a finance project manager and a bank manager in terms of educational background:
| Finance Project Manager | Bank Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance project managers' and bank managers' demographics:
| Finance Project Manager | Bank Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.1% Female, 36.9% | Male, 48.9% Female, 51.1% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |