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The differences between associate analysts and junior is 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 associate analyst and a junior is analyst. Additionally, an associate analyst has an average salary of $68,161, which is higher than the $65,296 average annual salary of a junior is analyst.
The top three skills for an associate analyst include customer service, powerpoint and data analysis. The most important skills for a junior is analyst are powerpoint, data analysis, and portfolio.
| Associate Analyst | Junior IS Analyst | |
| Yearly salary | $68,161 | $65,296 |
| Hourly rate | $32.77 | $31.39 |
| Growth rate | 9% | 11% |
| Number of jobs | 97,311 | 92,477 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
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.
A junior IS analyst takes responsibility in making sure that databases are constructed appropriately and with access limits. IS analysts improve trading strategy with intermediaries through compensation information analysis. They handle financial claims payment as well as provider directory processes. Also, they develop dictionaries and provide technical support. They even perform due diligence for investment opportunities. The skills they need to have include management, information technology, and financial management.
Associate analysts and junior is analysts have different pay scales, as shown below.
| Associate Analyst | Junior IS Analyst | |
| Average salary | $68,161 | $65,296 |
| Salary range | Between $47,000 And $98,000 | Between $45,000 And $93,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | New York | New Hampshire |
| Best paying company | Apollo Global Management | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between an associate analyst and a junior is analyst in terms of educational background:
| Associate Analyst | Junior IS Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between associate analysts' and junior is analysts' demographics:
| Associate Analyst | Junior IS Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 52.3% Female, 47.7% | Male, 60.3% Female, 39.7% |
| Race ratio | 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% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |