Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between mutual fund managers and assistant vice presidents operations can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a mutual fund manager, becoming an assistant vice president operations takes usually requires 4-6 years. Additionally, an assistant vice president operations has an average salary of $97,565, which is higher than the $68,537 average annual salary of a mutual fund manager.
The top three skills for a mutual fund manager include financial reports, portfolio and payroll. The most important skills for an assistant vice president operations are oversight, AVP, and risk management.
| Mutual Fund Manager | Assistant Vice President Operations | |
| Yearly salary | $68,537 | $97,565 |
| Hourly rate | $32.95 | $46.91 |
| Growth rate | 17% | 6% |
| Number of jobs | 4,926 | 162,381 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Average age | 47 | 44 |
| Years of experience | 10 | 6 |
A mutual fund manager implements a company's investing strategy and manages its portfolio trading activities. The responsibilities of this position include picking which assets will be purchased, managing analysts, conducting research on investment opportunities, and overseeing mutual funds or pensions. Any person interested in this position needs significant management experience, knowledge of financial markets, and a finance-related professional certification.
An assistant vice president of operations is responsible for monitoring the company's operational and production processes to ensure high-quality deliverables and achieve the highest client satisfaction. Assistant vice presidents of operations join the senior management team in implementing corporate decisions to enhance the efficiency and stability of the company to provide timely services for the clients and business partners. They also review financial and business transactions, identify cost-reduction methodologies, and develop opportunities to generate revenues and increase profits.
Mutual fund managers and assistant vice presidents operations have different pay scales, as shown below.
| Mutual Fund Manager | Assistant Vice President Operations | |
| Average salary | $68,537 | $97,565 |
| Salary range | Between $34,000 And $137,000 | Between $68,000 And $138,000 |
| Highest paying City | New York, NY | Hartford, CT |
| Highest paying state | Alaska | Rhode Island |
| Best paying company | University of Maryland Medical System | Federal Reserve |
| Best paying industry | Finance | Finance |
There are a few differences between a mutual fund manager and an assistant vice president operations in terms of educational background:
| Mutual Fund Manager | Assistant Vice President Operations | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between mutual fund managers' and assistant vice presidents operations' demographics:
| Mutual Fund Manager | Assistant Vice President Operations | |
| Average age | 47 | 44 |
| Gender ratio | Male, 55.2% Female, 44.8% | Male, 52.5% Female, 47.5% |
| Race ratio | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.6% Asian, 8.9% White, 65.7% American Indian and Alaska Native, 0.7% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |