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The differences between principal associates and school business managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a principal associate and a school business manager. Additionally, a principal associate has an average salary of $112,879, which is higher than the $62,224 average annual salary of a school business manager.
The top three skills for a principal associate include healthcare, project management and business development. The most important skills for a school business manager are K-12, professional development, and payroll.
| Principal Associate | School Business Manager | |
| Yearly salary | $112,879 | $62,224 |
| Hourly rate | $54.27 | $29.92 |
| Growth rate | 5% | 5% |
| Number of jobs | 40,128 | 87,493 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 61% |
| Average age | 47 | 47 |
| Years of experience | 4 | 4 |
Principal associates work within the education system, having responsibility over students, teachers, counselors, and other staff members. This particular career choice also requires excellent skills in project management, communication, leadership, critical thinking, and decision-making, and those who aspire to this career will be needed to develop business opportunities, securing funding and other resources for the school.
A school business manager is responsible for providing leadership and management of all teaching and non-teaching staff in a school setting and ensuring they perform their duties accordingly to achieve the required standards of learning. The duties and responsibilities include attending senior managerial meetings and taking the lead of all school responsibilities in the absence of the headteacher.
Principal associates and school business managers have different pay scales, as shown below.
| Principal Associate | School Business Manager | |
| Average salary | $112,879 | $62,224 |
| Salary range | Between $78,000 And $162,000 | Between $43,000 And $88,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | California | Connecticut |
| Best paying company | McKinsey & Company Inc | Selective Insurance |
| Best paying industry | - | Education |
There are a few differences between a principal associate and a school business manager in terms of educational background:
| Principal Associate | School Business Manager | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between principal associates' and school business managers' demographics:
| Principal Associate | School Business Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 63.5% Female, 36.5% | Male, 42.9% Female, 57.1% |
| Race ratio | Black or African American, 9.3% Unknown, 4.0% Hispanic or Latino, 14.1% Asian, 4.3% White, 67.5% American Indian and Alaska Native, 0.7% | Black or African American, 11.1% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 4.3% White, 65.6% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 16% | 16% |