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The differences between asset management analysts and summer 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 management analyst and a summer analyst. Additionally, an asset management analyst has an average salary of $68,448, which is higher than the $66,837 average annual salary of a summer analyst.
The top three skills for an asset management analyst include asset management, portfolio and real estate. The most important skills for a summer analyst are strong analytical, financial statements, and capital markets.
| Asset Management Analyst | Summer Analyst | |
| Yearly salary | $68,448 | $66,837 |
| Hourly rate | $32.91 | $32.13 |
| Growth rate | 11% | 9% |
| Number of jobs | 137,566 | 44,912 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 80% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
Asset management specialists are employees who oversee all of the company's assets. They ensure that all assets are in proper condition. Asset management specialists handle the asset management plan of the company. They organize capital investments, asset acquisitions, asset dispositions. They ensure that all paperwork involved is properly filed. They also ensure that all agreements made would be beneficial to the company. This would help them ensure the company's longevity in the business. Asset management specialists also develop recommendations on the company's existing assets and how the company can expand its asset portfolio.
Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information. They establish statistical exhibits analyzing comparative financial performance. It is their responsibility to create models illustrating projected financial results, which is of great value to the companies. The skills necessary for this job include knowledge of financial statements, equity, portfolio companies, and financial models. They should also develop due diligence, strong communication, asset allocation knowledge, and attention to detail.
Asset management analysts and summer analysts have different pay scales, as shown below.
| Asset Management Analyst | Summer Analyst | |
| Average salary | $68,448 | $66,837 |
| Salary range | Between $46,000 And $100,000 | Between $43,000 And $102,000 |
| Highest paying City | Hartford, CT | - |
| Highest paying state | Connecticut | - |
| Best paying company | eBay | - |
| Best paying industry | Finance | - |
There are a few differences between an asset management analyst and a summer analyst in terms of educational background:
| Asset Management Analyst | Summer Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 80% |
| Most common major | Business | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between asset management analysts' and summer analysts' demographics:
| Asset Management Analyst | Summer Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 72.5% Female, 27.5% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% | 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 | 12% | 7% |