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Analyst internship vs risk analyst

The differences between analyst interns and risk 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 a risk analyst. Additionally, a risk analyst has an average salary of $81,484, 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 a risk analyst are risk management, risk assessments, and powerpoint.

Analyst internship vs risk analyst overview

Analyst InternshipRisk Analyst
Yearly salary$38,569$81,484
Hourly rate$18.54$39.17
Growth rate9%9%
Number of jobs103,72371,284
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 71%
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 a risk analyst do?

As a risk analyst, you will oversee the identification, assessment, and monitoring of risks that your company has been exposed to. You will evaluate financial documents, potential clients, and economic conditions to determine the level of risk in business decisions. You will be responsible for aggregating data from several sources to develop a comprehensive assessment and create reports, processes, and presentations to better present results. You are also expected to work closely with other team members to analyze and show data effectively.

Analyst internship vs risk analyst salary

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

Analyst InternshipRisk Analyst
Average salary$38,569$81,484
Salary rangeBetween $28,000 And $52,000Between $59,000 And $112,000
Highest paying CityOlympia, WASan Francisco, CA
Highest paying stateWashingtonConnecticut
Best paying companyGoogleThe Citadel
Best paying industryProfessionalManufacturing

Differences between analyst internship and risk analyst education

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

Analyst InternshipRisk Analyst
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 71%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Analyst internship vs risk analyst demographics

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

Analyst InternshipRisk Analyst
Average age4040
Gender ratioMale, 67.8% Female, 32.2%Male, 53.4% Female, 46.6%
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 risk 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

Risk analyst example responsibilities.

  • Create programs in Java to automate trade execution and ensure market clear downloads are facilitate by the same.
  • Manage financial derivative models to ensure accurate calculation, structure and pricing.
  • Manage investigation and reporting of occurrences to applicable regulatory agencies when indicate and facilitate disclosure to patients and families.
  • Manage litigation through appropriate selection of counsel, developing strategic action plans a while monitoring an active trial calendar.
  • Manage treasury workstation steering team for automation of core treasury operations for increase reliability of financial reporting and decision making.
  • Use SAS and SQL to originate and maintain analytic data marts and automate reporting.
  • Show more

Analyst internship vs risk analyst skills

Common analyst internship skills
  • Financial Statements, 8%
  • Data Analysis, 7%
  • Management System, 7%
  • Python, 6%
  • Data Entry, 6%
  • Strong Analytical, 5%
Common risk analyst skills
  • Risk Management, 19%
  • Risk Assessments, 6%
  • PowerPoint, 6%
  • Portfolio, 5%
  • Data Analysis, 4%
  • SAS, 3%

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