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The differences between finance sales consultants and business bankers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance sales consultant and a business banker. Additionally, a business banker has an average salary of $69,423, which is higher than the $45,562 average annual salary of a finance sales consultant.
The top three skills for a finance sales consultant include customer satisfaction, sales process and financial services. The most important skills for a business banker are customer service, financial products, and financial services.
| Finance Sales Consultant | Business Banker | |
| Yearly salary | $45,562 | $69,423 |
| Hourly rate | $21.90 | $33.38 |
| Growth rate | 10% | 10% |
| Number of jobs | 101,031 | 70,054 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Average age | 43 | 43 |
| Years of experience | 4 | 4 |
A finance sales consultant helps sell financial products and services. They can work in various industries, such as home, automotive, or banking. They essentially assess their client's needs and provide financial solutions. There are a lot of skills needed to become a good finance sales consultant. However, great customer service and communication skills top the demand.
A business banker is an individual who collaborates with other bank coworkers to help business customers meet their specific banking needs. Business bankers must sell a variety of banking products and services such as business deposit accounts, treasury management, and business credit cards. They are required to maintain consistent communication with their clients through outbound calls and personal onsite visits. Business bankers must also devise and modify loan schemes depending on the market requirements as well as study the schemes offered by competitors.
Finance sales consultants and business bankers have different pay scales, as shown below.
| Finance Sales Consultant | Business Banker | |
| Average salary | $45,562 | $69,423 |
| Salary range | Between $34,000 And $59,000 | Between $39,000 And $121,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a finance sales consultant and a business banker in terms of educational background:
| Finance Sales Consultant | Business Banker | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance sales consultants' and business bankers' demographics:
| Finance Sales Consultant | Business Banker | |
| Average age | 43 | 43 |
| Gender ratio | Male, 62.5% Female, 37.5% | Male, 63.3% Female, 36.7% |
| Race ratio | Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.0% Asian, 10.2% White, 67.7% American Indian and Alaska Native, 0.2% | Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.1% Asian, 12.1% White, 67.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |