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The differences between product development coordinators and finance counselors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a product development coordinator, becoming a finance counselor takes usually requires 2-4 years. Additionally, a product development coordinator has an average salary of $58,473, which is higher than the $40,561 average annual salary of a finance counselor.
The top three skills for a product development coordinator include product development, apparel and powerpoint. The most important skills for a finance counselor are patients, customer service, and medical terminology.
| Product Development Coordinator | Finance Counselor | |
| Yearly salary | $58,473 | $40,561 |
| Hourly rate | $28.11 | $19.50 |
| Growth rate | 19% | 15% |
| Number of jobs | 113,216 | 101,005 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 47% |
| Average age | 37 | 45 |
| Years of experience | 6 | 4 |
Product development coordinator positions require skills in time management, multitasking, organization, teamwork, and communication, in addition to being pro-active, process-oriented, and having good initiative. Those who choose this career path will be called on to oversee product life cycles, tracking product distribution, finding ways to gain consumer interest, assisting product launches, filling out paperwork, and reporting data.
A finance counselor specializes in providing billing advice to patients in a hospital or similar setting. They are primarily responsible for giving cost-estimates and offering financial assistance in payment plans and other options such as insurance. Moreover, they must gather patient information and requirements, verifying them for authenticity. They must also review financial and medical history to ensure that the patient can uphold financial obligations. Furthermore, it is essential to build rapport with clients to improve relationships.
Product development coordinators and finance counselors have different pay scales, as shown below.
| Product Development Coordinator | Finance Counselor | |
| Average salary | $58,473 | $40,561 |
| Salary range | Between $42,000 And $81,000 | Between $32,000 And $50,000 |
| Highest paying City | San Francisco, CA | Glen Cove, NY |
| Highest paying state | Delaware | New York |
| Best paying company | Intuitive Surgical | Morgan Stanley |
| Best paying industry | Manufacturing | Health Care |
There are a few differences between a product development coordinator and a finance counselor in terms of educational background:
| Product Development Coordinator | Finance Counselor | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 47% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between product development coordinators' and finance counselors' demographics:
| Product Development Coordinator | Finance Counselor | |
| Average age | 37 | 45 |
| Gender ratio | Male, 24.2% Female, 75.8% | Male, 21.0% Female, 79.0% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.5% Asian, 13.6% White, 65.1% American Indian and Alaska Native, 0.1% | Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 5% |