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Institutional asset manager vs finance manager

The differences between institutional asset managers and finance managers 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 manager takes usually requires 6-8 years. Additionally, a finance manager has an average salary of $101,374, which is higher than the $70,086 average annual salary of an institutional asset manager.

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

Institutional asset manager vs finance manager overview

Institutional Asset ManagerFinance Manager
Yearly salary$70,086$101,374
Hourly rate$33.70$48.74
Growth rate17%17%
Number of jobs13,659125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 66%
Average age4746
Years of experience108

Institutional asset manager vs finance manager salary

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

Institutional Asset ManagerFinance Manager
Average salary$70,086$101,374
Salary rangeBetween $41,000 And $117,000Between $71,000 And $144,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Barclays
Best paying industry-Finance

Differences between institutional asset manager and finance manager education

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

Institutional Asset ManagerFinance Manager
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Institutional asset manager vs finance manager demographics

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

Institutional Asset ManagerFinance Manager
Average age4746
Gender ratioMale, 55.7% Female, 44.3%Male, 60.0% Female, 40.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage10%11%

Differences between institutional asset manager and finance manager 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 manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Institutional asset manager vs finance manager skills

Common institutional asset manager skills
  • Patient Care, 29%
  • IRB, 14%
  • Clinical Trials, 13%
  • Financial Reports, 8%
  • CRM, 7%
  • Relationship Management, 7%
Common finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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