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The differences between business control analysts 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 control analyst and a business & finance analyst. Additionally, a business control analyst has an average salary of $82,413, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a business control analyst include risk management, internal audit and governance. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Business Control Analyst | Business & Finance Analyst | |
| Yearly salary | $82,413 | $70,514 |
| Hourly rate | $39.62 | $33.90 |
| Growth rate | 11% | 9% |
| Number of jobs | 144,674 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
A business control analyst specializes in developing and recommending strategies to optimize business operations. Among their responsibilities include performing research and analysis to identify business and client opportunities, gathering and analyzing data to determine areas needing improvement, implementing solutions against problem areas, assessing workforce performance and workflow procedures, and maintaining records. Furthermore, as a business control analyst, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
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 control analysts and business & finance analysts have different pay scales, as shown below.
| Business Control Analyst | Business & Finance Analyst | |
| Average salary | $82,413 | $70,514 |
| Salary range | Between $62,000 And $108,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Bloomberg | |
| Best paying industry | Finance | Finance |
There are a few differences between a business control analyst and a business & finance analyst in terms of educational background:
| Business Control Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between business control analysts' and business & finance analysts' demographics:
| Business Control Analyst | Business & Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 49.8% Female, 50.2% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 7.7% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 13.7% White, 65.3% 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% |