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Institutional asset manager vs finance administrator

The differences between institutional asset managers and finance administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an institutional asset manager, becoming a finance administrator takes usually requires 6-8 years. Additionally, an institutional asset manager has an average salary of $70,086, which is higher than the $55,541 average annual salary of a finance administrator.

The top three skills for an institutional asset manager include patient care, IRB and clinical trials. The most important skills for a finance administrator are customer service, financial aid, and powerpoint.

Institutional asset manager vs finance administrator overview

Institutional Asset ManagerFinance Administrator
Yearly salary$70,086$55,541
Hourly rate$33.70$26.70
Growth rate17%17%
Number of jobs13,659130,256
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 61%
Average age4746
Years of experience108

Institutional asset manager vs finance administrator salary

Institutional asset managers and finance administrators have different pay scales, as shown below.

Institutional Asset ManagerFinance Administrator
Average salary$70,086$55,541
Salary rangeBetween $41,000 And $117,000Between $38,000 And $80,000
Highest paying City-Dover, DE
Highest paying state-Delaware
Best paying company-State Street
Best paying industry-Manufacturing

Differences between institutional asset manager and finance administrator education

There are a few differences between an institutional asset manager and a finance administrator in terms of educational background:

Institutional Asset ManagerFinance Administrator
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Institutional asset manager vs finance administrator demographics

Here are the differences between institutional asset managers' and finance administrators' demographics:

Institutional Asset ManagerFinance Administrator
Average age4746
Gender ratioMale, 55.7% Female, 44.3%Male, 29.3% Female, 70.7%
Race ratioBlack or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.6% Asian, 8.9% White, 65.6% American Indian and Alaska Native, 0.7%Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.2% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage10%11%

Differences between institutional asset manager and finance administrator duties and responsibilities

Institutional asset manager example responsibilities.

  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Coordinate the development and management of appropriate personnel information, management database providing seamless integration with payroll and other school functions.
  • Conduct weekly seminars on recruiting new members and competitive lenders.

Finance administrator example responsibilities.

  • Manage the design and implementation of appropriate controls as per Sarbanes-Oxley (SOX) and internal corporate procedures.
  • Manage key logistics and secure necessary resources within budget constraints.
  • Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
  • Do A/P, A/R and G/L.
  • Prepare daily, weekly and monthly reports including fund loans, commissions, titles, A/P & A/R.
  • Assist families with Medicaid applications.
  • Show more

Institutional asset manager vs finance administrator skills

Common institutional asset manager skills
  • Patient Care, 29%
  • IRB, 14%
  • Clinical Trials, 13%
  • Financial Reports, 8%
  • CRM, 7%
  • Relationship Management, 7%
Common finance administrator skills
  • Customer Service, 17%
  • Financial Aid, 12%
  • PowerPoint, 7%
  • Rehabilitation, 7%
  • Balance Sheet, 4%
  • Human Resources, 4%

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