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The differences between applications systems analysts and finance systems analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an applications systems analyst and a finance systems analyst. Additionally, a finance systems analyst has an average salary of $85,795, which is higher than the $85,113 average annual salary of an applications systems analyst.
The top three skills for an applications systems analyst include project management, technical support and HR. The most important skills for a finance systems analyst are financial systems, hyperion, and customer service.
| Applications Systems Analyst | Finance Systems Analyst | |
| Yearly salary | $85,113 | $85,795 |
| Hourly rate | $40.92 | $41.25 |
| Growth rate | 9% | 9% |
| Number of jobs | 154,067 | 188,040 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
An application system analyst is responsible for designing data and network systems, following clients' specifications, user requirements, and business guidelines. Application system analysts manage the network infrastructure and the system's optimal performance by upgrading features and revising application designs to improve navigation efficiency and prevent downtimes. They also run multiple diagnostic tests on the applications, identify inconsistencies, and create reports of modifications. An application system analyst must have excellent knowledge of the technology industry, as well as a strong command of programming languages to determine the best system procedures that would suit the clients' needs based on their budget goals.
A finance systems analyst specializes in overseeing the financial systems in a company or business. Their responsibilities revolve around producing reports and presentations, liaising with the information technology team, maintaining information on databases, and monitoring and updating the financial systems. One must also handle spreadsheets and other files, modify menus, troubleshoot errors, and teach the finance staff how to use all courses for a smooth workflow. Furthermore, it is essential to implement all policies and regulations, ensuring all files' security within the database.
Applications systems analysts and finance systems analysts have different pay scales, as shown below.
| Applications Systems Analyst | Finance Systems Analyst | |
| Average salary | $85,113 | $85,795 |
| Salary range | Between $65,000 And $110,000 | Between $63,000 And $116,000 |
| Highest paying City | Santa Clara, CA | San Francisco, CA |
| Highest paying state | Delaware | Oregon |
| Best paying company | Asana | Apple |
| Best paying industry | Professional | Technology |
There are a few differences between an applications systems analyst and a finance systems analyst in terms of educational background:
| Applications Systems Analyst | Finance Systems Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Most common major | Computer Science | Accounting |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between applications systems analysts' and finance systems analysts' demographics:
| Applications Systems Analyst | Finance Systems Analyst | |
| Average age | 43 | 43 |
| Gender ratio | Male, 60.9% Female, 39.1% | Male, 55.7% Female, 44.3% |
| Race ratio | Black or African American, 10.7% Unknown, 5.0% Hispanic or Latino, 11.4% Asian, 14.4% White, 58.4% American Indian and Alaska Native, 0.2% | Black or African American, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 14.6% White, 59.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |