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The differences between mutual fund managers and investment fund managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a mutual fund manager and an investment fund manager. Additionally, an investment fund manager has an average salary of $115,892, 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 investment fund manager are investment management, securities, and financial statements.
| Mutual Fund Manager | Investment Fund Manager | |
| Yearly salary | $68,537 | $115,892 |
| Hourly rate | $32.95 | $55.72 |
| Growth rate | 17% | 17% |
| Number of jobs | 4,926 | 10,388 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average age | 47 | 47 |
| Years of experience | 10 | 10 |
Mutual fund managers and investment fund managers have different pay scales, as shown below.
| Mutual Fund Manager | Investment Fund Manager | |
| Average salary | $68,537 | $115,892 |
| Salary range | Between $34,000 And $137,000 | Between $66,000 And $201,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | University of Maryland Medical System | UBS |
| Best paying industry | Finance | - |
There are a few differences between a mutual fund manager and an investment fund manager in terms of educational background:
| Mutual Fund Manager | Investment Fund Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most common major | Business | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between mutual fund managers' and investment fund managers' demographics:
| Mutual Fund Manager | Investment Fund Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 55.2% Female, 44.8% | Male, 77.9% Female, 22.1% |
| 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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 9.0% White, 65.4% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |