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The differences between analyst interns and associate analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an analyst internship and an associate analyst. Additionally, an associate analyst has an average salary of $68,161, which is higher than the $38,569 average annual salary of an analyst internship.
The top three skills for an analyst internship include financial statements, data analysis and management system. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.
| Analyst Internship | Associate Analyst | |
| Yearly salary | $38,569 | $68,161 |
| Hourly rate | $18.54 | $32.77 |
| Growth rate | 9% | 9% |
| Number of jobs | 103,723 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement. They conduct research and analysis to support business operations and resolve issues using systems and data. They also help estimate the costs and benefits of multiple business actions and help the business organization launch new initiatives.
An associate analyst is an individual who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.
Analyst interns and associate analysts have different pay scales, as shown below.
| Analyst Internship | Associate Analyst | |
| Average salary | $38,569 | $68,161 |
| Salary range | Between $28,000 And $52,000 | Between $47,000 And $98,000 |
| Highest paying City | Olympia, WA | San Francisco, CA |
| Highest paying state | Washington | New York |
| Best paying company | Apollo Global Management | |
| Best paying industry | Professional | Finance |
There are a few differences between an analyst internship and an associate analyst in terms of educational background:
| Analyst Internship | Associate Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between analyst interns' and associate analysts' demographics:
| Analyst Internship | Associate Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 67.8% Female, 32.2% | Male, 52.3% Female, 47.7% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |