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Asset analyst vs associate analyst

The differences between asset analysts 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 asset analyst and an associate analyst. Additionally, an asset analyst has an average salary of $72,242, which is higher than the $68,161 average annual salary of an associate analyst.

The top three skills for an asset analyst include asset management, fixed assets and real estate. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.

Asset analyst vs associate analyst overview

Asset AnalystAssociate Analyst
Yearly salary$72,242$68,161
Hourly rate$34.73$32.77
Growth rate9%9%
Number of jobs67,86497,311
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 72%
Average age4040
Years of experience44

What does an asset analyst do?

Asset analysts are accounting professionals who specialize in the management of the company's assets. They maintain the company's record of assets. They ensure that their database is updated. They also ensure that all physical assets are properly maintained. Asset analysts prepare reports related to these assets and draft recommendations as needed. They also keep themselves updated on the current trends in both the industry and in the economic market. They should always be on the lookout for possible asset acquisitions to improve the company's economic standing.

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.

Asset analyst vs associate analyst salary

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

Asset AnalystAssociate Analyst
Average salary$72,242$68,161
Salary rangeBetween $47,000 And $109,000Between $47,000 And $98,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateMassachusettsNew York
Best paying companyPacific Investment Management Company LLCApollo Global Management
Best paying industryFinanceFinance

Differences between asset analyst and associate analyst education

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

Asset AnalystAssociate Analyst
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Asset analyst vs associate analyst demographics

Here are the differences between asset analysts' and associate analysts' demographics:

Asset AnalystAssociate Analyst
Average age4040
Gender ratioMale, 53.2% Female, 46.8%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 asset analyst and associate analyst duties and responsibilities

Asset analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Compare large data sets using SQL queries.
  • Streamline procedure of data scrubbing restrict securities and accounts, decreasing processing time.
  • Supervise payroll and benefits calculation, taxes submission, equipment inventory and other relate activities.
  • Resolve technical coding issue in GSEC entity where securities are being inaccurately release, decreasing deficit numbers and analysis time.
  • Perform in a multifacete role providing full-scale accounting and financial services, payroll management, database administration, and recording/reporting.
  • 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

Asset analyst vs associate analyst skills

Common asset analyst skills
  • Asset Management, 18%
  • Fixed Assets, 5%
  • Real Estate, 5%
  • Financial Statements, 4%
  • Securities, 4%
  • Process Improvement, 4%
Common associate analyst skills
  • Customer Service, 8%
  • PowerPoint, 7%
  • Data Analysis, 7%
  • Healthcare, 6%
  • Portfolio, 6%
  • Tableau, 4%

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