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Analyst internship vs associate analyst

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 vs associate analyst overview

Analyst InternshipAssociate Analyst
Yearly salary$38,569$68,161
Hourly rate$18.54$32.77
Growth rate9%9%
Number of jobs103,72397,311
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
Average age4040
Years of experience44

What does an analyst internship do?

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.

What does an associate analyst do?

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 internship vs associate analyst salary

Analyst interns and associate analysts have different pay scales, as shown below.

Analyst InternshipAssociate Analyst
Average salary$38,569$68,161
Salary rangeBetween $28,000 And $52,000Between $47,000 And $98,000
Highest paying CityOlympia, WASan Francisco, CA
Highest paying stateWashingtonNew York
Best paying companyGoogleApollo Global Management
Best paying industryProfessionalFinance

Differences between analyst internship and associate analyst education

There are a few differences between an analyst internship and an associate analyst in terms of educational background:

Analyst InternshipAssociate Analyst
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Analyst internship vs associate analyst demographics

Here are the differences between analyst interns' and associate analysts' demographics:

Analyst InternshipAssociate Analyst
Average age4040
Gender ratioMale, 67.8% Female, 32.2%Male, 52.3% Female, 47.7%
Race ratioBlack 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 Percentage7%7%

Differences between analyst internship and associate analyst duties and responsibilities

Analyst internship example responsibilities.

  • Manage month-end close process and ensure accounting procedures are in compliance with GAAP.
  • Manage and update early engagement processes daily through SharePoint.
  • Interpret data using SAS and SQL and create final analytical reports for department's faculty.
  • Participate in the due diligence research process; conduct industry research, competitive analysis, and review portfolio management models.
  • Receive training working with STATA software.
  • Enroll providers in Indiana Medicaid program.
  • Show more

Associate analyst example responsibilities.

  • Lead negotiations of a new partnership with logistics company to save an estimate $40K per year in freight expense.
  • Manage Salesforce account with customer credentials
  • Manage project team meetings using SharePoint calendars.
  • Log, assign, and tracks' request, files, documents in DHS database.
  • Attend briefings of several different DoD agencies to learn their respective equities.
  • Implement targeted changes to C++ application to execute algorithm experiments from MATLAB.
  • Show more

Analyst internship vs associate analyst skills

Common analyst internship skills
  • Financial Statements, 8%
  • Data Analysis, 7%
  • Management System, 7%
  • Python, 6%
  • Data Entry, 6%
  • Strong Analytical, 5%
Common associate analyst skills
  • Customer Service, 8%
  • PowerPoint, 7%
  • Data Analysis, 7%
  • Healthcare, 6%
  • Portfolio, 6%
  • Tableau, 4%

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