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The differences between investments managers and bank managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an investments manager and a bank manager. Additionally, an investments manager has an average salary of $116,102, which is higher than the $96,910 average annual salary of a bank manager.
The top three skills for an investments manager include private equity, due diligence and real estate. The most important skills for a bank manager are bank products, financial services, and business development.
| Investments Manager | Bank Manager | |
| Yearly salary | $116,102 | $96,910 |
| Hourly rate | $55.82 | $46.59 |
| Growth rate | 17% | 17% |
| Number of jobs | 42,946 | 66,136 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
The job of investment managers or fund managers is to help clients grow their money and achieve their financial and personal goals in life. Investment managers have a variety of responsibilities that often include handling all activities associated with managing client portfolios, monitoring performance measurement and transaction settlement, and determining the best strategy for investments. Also, you will be responsible for providing advice on investments and handling investments and investor decisions with discretion. As an investment manager, you are also expected to offer recommendations about investments.
A bank manager is responsible for supervising banking operations and monitoring staff performance in providing the best customer service for clients with their banking needs and financial transactions. Bank managers assist the staff with the complexities of processes, train new hires, and strategize the development of services that would contribute to the bank's success. They also conduct fund audits and create accounts receivable reports at the end of the day. A bank manager responds to clients' inquiries and concerns, resolve complaints, and manage account disputes.
Investments managers and bank managers have different pay scales, as shown below.
| Investments Manager | Bank Manager | |
| Average salary | $116,102 | $96,910 |
| Salary range | Between $68,000 And $198,000 | Between $65,000 And $142,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | Netflix | Accenture |
| Best paying industry | Finance | Finance |
There are a few differences between an investments manager and a bank manager in terms of educational background:
| Investments Manager | Bank Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between investments managers' and bank managers' demographics:
| Investments Manager | Bank Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 65.5% Female, 34.5% | Male, 48.9% Female, 51.1% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |