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Business Analyst Internship Vs Business & Finance Analyst

The differences between business analyst interns and business & finance analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business analyst internship and a business & finance analyst. Additionally, a business & finance analyst has an average salary of $70,514, which is higher than the $45,560 average annual salary of a business analyst internship.

The top three skills for a business analyst internship include business analysts, user stories and project management. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.

Business analyst internship vs business & finance analyst overview

Business Analyst InternshipBusiness & Finance Analyst
Yearly Salary$45,560$70,514
Hourly rate$21.90$33.90
Growth Rate11%9%
Number Of Jobs157,977168,111
Job Satisfaction--
Most Common DegreeBachelor's Degree, 72%Bachelor's Degree, 71%
Average Age4440
Years Of Experience44

What does a Business Analyst Internship do?

A Business Analyst Intern provides support to the business analysis team in preparing business plans and strategies. They make suggestions for improvements, write reports, perform research, and analyze data.

What does a business & finance analyst do?

A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.

Business analyst internship vs business & finance analyst salary

Business analyst interns and business & finance analysts have different pay scales, as shown below.

Business Analyst InternshipBusiness & Finance Analyst
Average Salary$45,560$70,514
Salary RangeBetween $34,000 And $60,000Between $50,000 And $99,000
Highest Paying CitySeattle, WASan Francisco, CA
Highest Paying StateAlaskaWashington
Best Paying CompanyMcKinsey & Company IncGoogle
Best Paying IndustryProfessionalFinance

Differences between business analyst internship and business & finance analyst education

There are a few differences between a business analyst internship and a business & finance analyst in terms of educational background:

Business Analyst InternshipBusiness & Finance Analyst
Most Common DegreeBachelor's Degree, 72%Bachelor's Degree, 71%
Most Common MajorBusinessBusiness
Most Common CollegeNorthwestern UniversityUniversity of Pennsylvania

Business analyst internship vs business & finance analyst demographics

Here are the differences between business analyst interns' and business & finance analysts' demographics:

Business Analyst InternshipBusiness & Finance Analyst
Average Age4440
Gender RatioMale, 64.3% Female, 35.7%Male, 55.6% Female, 44.4%
Race RatioBlack 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%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 Percentage12%7%

Differences between business analyst internship and business & finance analyst duties and responsibilities

Business Analyst Internship Example Responsibilities.

  • Manage ETL processes by formulating queries to extract data using SQL and XML.
  • Manage any CRM issue immediately always knowing that the customer is always right and in need.
  • Manage & prepare proposals & responses to requests for proposals (RFP) & work closely with consultants & brokers.
  • Review the CRM database system with the aim of improving efficiency and introducing new algorithms on developing customers from generate leads.
  • Manage the PMO tool set to track budgets and resource allocation for new and current projects, and conduct portfolio analysis.
  • Create and manage functional requirement documents for in house development of software applications for healthcare providers and payers.
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Business & Finance Analyst Example Responsibilities.

  • Manage and maintain DCAA approve accrual record keeping system while maintaining GAAP standards.
  • Lead company in Essbase implementation and developing a centralize and standardize reporting process.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Conduct data analysis using SQL.
  • Manipulate and run labor reports weekly using Hyperion for account financial measures and assumptions.
  • Analyze huge sets of data using SQL and excel for ensuring data quality and issues.
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Business analyst internship vs business & finance analyst skills

Common Business Analyst Internship Skills
  • Business Analysts, 8%
  • User Stories, 6%
  • Project Management, 6%
  • Strong Analytical, 5%
  • Strong Problem-Solving, 4%
  • Data Analysis, 4%
Common Business & Finance Analyst Skills
  • Financial Analysis, 13%
  • Business Analysis, 6%
  • Shared Services, 5%
  • Financial Data, 4%
  • Strong Analytical, 4%
  • Process Improvement, 4%

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