Institutional asset manager vs manager

The differences between institutional asset managers and 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 manager takes usually requires 4-6 years. Additionally, an institutional asset manager has an average salary of $70,086, which is higher than the $58,651 average annual salary of a manager.

The top three skills for an institutional asset manager include patient care, IRB and clinical trials. The most important skills for a manager are customer service, payroll, and food safety.

Institutional asset manager vs manager overview

	Institutional Asset Manager	Manager
Yearly salary	$70,086	$58,651
Hourly rate	$33.70	$28.20
Growth rate	17%	6%
Number of jobs	13,659	1,236,194
Job satisfaction	-	4.57
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 49%
Average age	47	44
Years of experience	10	6

Institutional asset manager vs manager salary

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

	Institutional Asset Manager	Manager
Average salary	$70,086	$58,651
Salary range	Between $41,000 And $117,000	Between $37,000 And $92,000
Highest paying City	-	-
Highest paying state	-	New Jersey
Best paying company	-	-
Best paying industry	-	Finance

Differences between institutional asset manager and manager education

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

	Institutional Asset Manager	Manager
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 49%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Institutional asset manager vs manager demographics

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

	Institutional Asset Manager	Manager
Average age	47	44
Gender ratio	Male, 55.7% Female, 44.3%	Male, 51.0% Female, 49.0%
Race ratio	Black 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between institutional asset manager and 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.

Manager example responsibilities.

Manage both BOH and FOH operations exceeding company specifications.
Manage logistics and security for high net worth individuals and corporations.
Manage budgets and payroll records, review financial transactions to assure expenditures are authorize and budget.
Guide and manage the administrative day-to-day academic program and the implementation of strategies by providing leadership to faculty and staff.
Provide leadership and direction to facility management and program owners while motivating and interacting with employees to achieve continuous improvement.
Customer-Orient with experience with POS systems, food preparation and safety regulations.

Institutional asset manager vs manager skills

Common institutional asset manager skills

Patient Care, 29%
IRB, 14%
Clinical Trials, 13%
Financial Reports, 8%
CRM, 7%
Relationship Management, 7%

Common manager skills

Customer Service, 19%
Payroll, 9%
Food Safety, 8%
Financial Statements, 4%
Management, 4%
PowerPoint, 4%