Management psychologist vs debt management counselor

The differences between management psychologists and debt management counselors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a management psychologist and a debt management counselor. Additionally, a management psychologist has an average salary of $86,332, which is higher than the $58,503 average annual salary of a debt management counselor.

The top three skills for a management psychologist include mental health, mental illness and pain management. The most important skills for a debt management counselor are legal advice, in-house, and risk management.

Management psychologist vs debt management counselor overview

	Management Psychologist	Debt Management Counselor
Yearly salary	$86,332	$58,503
Hourly rate	$41.51	$28.13
Growth rate	14%	10%
Number of jobs	73,014	88,981
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 49%
Average age	43	45
Years of experience	2	2

Management psychologist vs debt management counselor salary

Management psychologists and debt management counselors have different pay scales, as shown below.

	Management Psychologist	Debt Management Counselor
Average salary	$86,332	$58,503
Salary range	Between $58,000 And $126,000	Between $41,000 And $81,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between management psychologist and debt management counselor education

There are a few differences between a management psychologist and a debt management counselor in terms of educational background:

	Management Psychologist	Debt Management Counselor
Most common degree	Bachelor's Degree, 44%	Bachelor's Degree, 49%
Most common major	Psychology	Law
Most common college	Duke University	University of Pennsylvania

Management psychologist vs debt management counselor demographics

Here are the differences between management psychologists' and debt management counselors' demographics:

	Management Psychologist	Debt Management Counselor
Average age	43	45
Gender ratio	Male, 37.5% Female, 62.5%	Male, 39.9% Female, 60.1%
Race ratio	Black or African American, 6.2% Unknown, 3.4% Hispanic or Latino, 10.4% Asian, 3.3% White, 76.4% American Indian and Alaska Native, 0.2%	Black or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.8% Asian, 6.3% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage	12%	8%

Differences between management psychologist and debt management counselor duties and responsibilities

Management psychologist example responsibilities.

Provide psychological therapy for children with autism spectrum disorder, deficit/hyperactive disorder, specific learning disorder and others mental diagnosis.
Provide consultation regarding appropriate placement/treatment of juveniles in the DJJ system.

Debt management counselor example responsibilities.

Manage the dispute resolution/litigation process; responding to and resolving threaten litigation; responding to subpoenas and regulatory inquiries and investigations.
Manage the dispute resolution/litigation process; responding to and resolving threaten litigation; responding to subpoenas and regulatory inquiries and investigations.
Represent MMI professionally and effectively to all constituents through participation in professional development programs and through the certification process.

Management psychologist vs debt management counselor skills

Common management psychologist skills

Mental Health, 49%
Mental Illness, 19%
Pain Management, 15%
Psychiatry, 11%
Psychological Evaluations, 6%

Common debt management counselor skills

Legal Advice, 16%
In-House, 12%
Risk Management, 11%
Litigation, 9%
Real Estate, 9%
Legal Issues, 8%

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Management Psychologist vs Debt Management Counselor

Updated January 8, 2025

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