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The differences between management associates and asset analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a management associate has an average salary of $83,566, which is higher than the $72,242 average annual salary of an asset analyst.
The top three skills for a management associate include customer service, portfolio and risk management. The most important skills for an asset analyst are asset management, fixed assets, and real estate.
| Management Associate | Asset Analyst | |
| Yearly salary | $83,566 | $72,242 |
| Hourly rate | $40.18 | $34.73 |
| Growth rate | 17% | 9% |
| Number of jobs | 84,397 | 67,864 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Average age | 47 | 40 |
| Years of experience | - | 4 |
A management associate is responsible for assisting the management operations, supporting administrative and clerical tasks, and coordinating with other departments for project support to meet the organization's objectives and profitability goals. Management associates often respond to clients' inquiries and concerns on behalf of the executives, documenting their needs, and immediately escalating high-level complaints to appropriate personnel. They also meet with suppliers and other third-party vendors, negotiating contracts for business needs. A management associate must have excellent communication, be organized, and have time-management skills to perform duties in a fast-paced environment.
Asset analysts are accounting professionals who specialize in the management of the company's assets. They maintain the company's record of assets. They ensure that their database is updated. They also ensure that all physical assets are properly maintained. Asset analysts prepare reports related to these assets and draft recommendations as needed. They also keep themselves updated on the current trends in both the industry and in the economic market. They should always be on the lookout for possible asset acquisitions to improve the company's economic standing.
Management associates and asset analysts have different pay scales, as shown below.
| Management Associate | Asset Analyst | |
| Average salary | $83,566 | $72,242 |
| Salary range | Between $51,000 And $136,000 | Between $47,000 And $109,000 |
| Highest paying City | Westport, CT | San Francisco, CA |
| Highest paying state | Connecticut | Massachusetts |
| Best paying company | The Citadel | Pacific Investment Management Company LLC |
| Best paying industry | Finance | Finance |
There are a few differences between a management associate and an asset analyst in terms of educational background:
| Management Associate | Asset Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between management associates' and asset analysts' demographics:
| Management Associate | Asset Analyst | |
| Average age | 47 | 40 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 8.9% White, 65.5% American Indian and Alaska Native, 0.7% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 7% |