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Chartered finance analyst vs business & finance analyst

The differences between chartered finance 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 chartered finance analyst and a business & finance analyst. Additionally, a chartered finance analyst has an average salary of $73,157, which is higher than the $70,514 average annual salary of a business & finance analyst.

The top three skills for a chartered finance analyst include CFA, financial statements and web-parts. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.

Chartered finance analyst vs business & finance analyst overview

Chartered Finance AnalystBusiness & Finance Analyst
Yearly salary$73,157$70,514
Hourly rate$35.17$33.90
Growth rate9%9%
Number of jobs73,931168,111
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 71%
Average age4040
Years of experience44

Chartered finance analyst vs business & finance analyst salary

Chartered finance analysts and business & finance analysts have different pay scales, as shown below.

Chartered Finance AnalystBusiness & Finance Analyst
Average salary$73,157$70,514
Salary rangeBetween $44,000 And $119,000Between $50,000 And $99,000
Highest paying CityCharlottesville, VASan Francisco, CA
Highest paying stateCaliforniaWashington
Best paying companyCFA InstituteGoogle
Best paying industry-Finance

Differences between chartered finance analyst and business & finance analyst education

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

Chartered Finance AnalystBusiness & Finance Analyst
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 71%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chartered finance analyst vs business & finance analyst demographics

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

Chartered Finance AnalystBusiness & Finance Analyst
Average age4040
Gender ratioMale, 89.6% Female, 10.4%Male, 55.6% Female, 44.4%
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 chartered finance analyst and business & finance analyst duties and responsibilities

Chartered finance analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Document formatting/printing/production anomalies produce by new CMS.
  • Proofread final drafts of post migration hard copy character-by-character, ensuring correctness.
  • Present findings and analysis to executive level management and work collaboratively with management in decision making processes regarding the asset portfolio.
  • Analyze potential investments, including securities, real estate, options strategies and structure derivatives and make recommendations to senior management.

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.
  • Show more

Chartered finance analyst vs business & finance analyst skills

Common chartered finance analyst skills
  • CFA, 39%
  • Financial Statements, 25%
  • Web-Parts, 8%
  • SQL Server, 7%
  • Templates, 6%
  • Power-Shell, 6%
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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