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The differences between vice chancellors and principals can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vice chancellor, becoming a principal takes usually requires 2-4 years. Additionally, a principal has an average salary of $111,719, which is higher than the $110,441 average annual salary of a vice chancellor.
The top three skills for a vice chancellor include oversight, human resources and professional development. The most important skills for a principal are CRM, project management, and financial services.
| Vice Chancellor | Principal | |
| Yearly salary | $110,441 | $111,719 |
| Hourly rate | $53.10 | $53.71 |
| Growth rate | 7% | 5% |
| Number of jobs | 29,703 | 84,015 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 63% |
| Average age | 47 | 47 |
| Years of experience | 6 | 4 |
A vice-chancellor typically leads all academic and administrative departments in a tertiary institution. They perform all important ceremonial and civic duties. They serve on several university councils and assist with the development of policies and academic plans. They are also expected to prepare budgets for the university and to ensure the institution has a positive image. Attending various conferences and events will be a regular feature of this position.
A principal is responsible for maintaining the orderliness of the school premises and supervising school operations, enforcing strict safety standards, and reiterating regulatory procedures. Principals' duties also include managing and monitoring school budget and expenses, improving security plans, conducting regular meetings and sharing updates with teachers and other school personnel, creating reports for school funding, and setting academic goals for everyone's compliance. A principal must administer excellent leadership, communication, and decision-making skills to handle major administrative tasks in maintaining the school's growth.
Vice chancellors and principals have different pay scales, as shown below.
| Vice Chancellor | Principal | |
| Average salary | $110,441 | $111,719 |
| Salary range | Between $65,000 And $185,000 | Between $69,000 And $179,000 |
| Highest paying City | Santa Cruz, CA | New York, NY |
| Highest paying state | Arizona | New York |
| Best paying company | The University of Kansas Health System | KKR & Co. L.P. |
| Best paying industry | Education | Professional |
There are a few differences between a vice chancellor and a principal in terms of educational background:
| Vice Chancellor | Principal | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice chancellors' and principals' demographics:
| Vice Chancellor | Principal | |
| Average age | 47 | 47 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 65.6% Female, 34.4% |
| Race ratio | Black or African American, 11.1% Unknown, 4.0% Hispanic or Latino, 14.0% Asian, 4.3% White, 66.0% American Indian and Alaska Native, 0.7% | Black or African American, 10.9% Unknown, 4.0% Hispanic or Latino, 14.0% Asian, 4.3% White, 66.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 16% | 16% |