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The differences between trading assistants and management assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a trading assistant and a management assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $44,020 average annual salary of a management assistant.
The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for a management assistant are patients, word processing, and customer satisfaction.
| Trading Assistant | Management Assistant | |
| Yearly salary | $101,645 | $44,020 |
| Hourly rate | $48.87 | $21.16 |
| Growth rate | -8% | -8% |
| Number of jobs | 26,872 | 107,324 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 68% |
| Average age | 50 | 50 |
| Years of experience | 2 | 2 |
A trading assistant is primarily in charge of performing support tasks for traders and participate in securing sales for a company. Their responsibilities typically revolve around liaising with clients through calls and correspondence to offer products and services, discussing specifications, negotiating billing plans, and processing payments. They must also assist traders by performing market research and analysis, preparing and processing documentation, arranging meetings and appointments, running errands, and resolving issues and concerns in adherence to the company's policies and regulations.
A management assistant is responsible for organizing all clerical and administrative tasks in an organization by setting up appointments and meetings, updating records, writing reports, and preparing important documents. They can do multitasking and possess excellent communication and strong decision-making skills to be able to recruit and train sales associates, inventory monitoring, and ordering merchandise that is on-demand aside from conducting research about competitive products and analyzing customer behavior to meet customer expectations.
Trading assistants and management assistants have different pay scales, as shown below.
| Trading Assistant | Management Assistant | |
| Average salary | $101,645 | $44,020 |
| Salary range | Between $58,000 And $176,000 | Between $30,000 And $62,000 |
| Highest paying City | Hartford, CT | San Francisco, CA |
| Highest paying state | Connecticut | Hawaii |
| Best paying company | Oak Hill Advisors | Nokia |
| Best paying industry | Finance | Health Care |
There are a few differences between a trading assistant and a management assistant in terms of educational background:
| Trading Assistant | Management Assistant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between trading assistants' and management assistants' demographics:
| Trading Assistant | Management Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 58.6% Female, 41.4% | Male, 41.7% Female, 58.3% |
| Race ratio | Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7% | Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 65.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |