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The differences between institution directors and chief finance officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an institution director and a chief finance officer. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $111,614 average annual salary of an institution director.
The top three skills for an institution director include oversight, integrated marketing and professional development. The most important skills for a chief finance officer are payroll, CPA, and oversight.
| Institution Director | Chief Finance Officer | |
| Yearly salary | $111,614 | $143,947 |
| Hourly rate | $53.66 | $69.21 |
| Growth rate | 6% | 6% |
| Number of jobs | 9,132 | 145,184 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
An institutional research coordinator is typically responsible for maintaining, monitoring, and assessing instructional databases to support and evaluate an institutional research, long term-planning, and decision making ideas of a researcher or a team. They help with other divisions' or departments' research-related activities, collect and interpret data, and provide technical support for teachers, researchers, and other coordinators. Also, they must monitor documents and research materials to ensure that they are used correctly.
A chief financial officer is responsible for managing and reviewing the financial status of a company. Chief financial officers' duties include ensuring the accuracy of financial reports, monitoring the company's expenses and budget goals, providing recommendations to prevent financial loss and increase revenues, processing the company's tax obligations, and resolving financial disputes. A chief financial officer must have an impeccable knowledge of the financial industry, updated with the current market trend, and strong leadership and decision-making skills to support the organization's financial department.
Institution directors and chief finance officers have different pay scales, as shown below.
| Institution Director | Chief Finance Officer | |
| Average salary | $111,614 | $143,947 |
| Salary range | Between $72,000 And $172,000 | Between $80,000 And $257,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New York | California |
| Best paying company | United States Holocaust Memorial Museum | Baker McKenzie |
| Best paying industry | Health Care | Construction |
There are a few differences between an institution director and a chief finance officer in terms of educational background:
| Institution Director | Chief Finance Officer | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 72% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between institution directors' and chief finance officers' demographics:
| Institution Director | Chief Finance Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 56.3% Female, 43.7% | Male, 71.9% Female, 28.1% |
| Race ratio | Black or African American, 3.6% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.9% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |