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Chartered finance analyst vs contract analyst

The differences between chartered finance analysts and contract 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 contract analyst. Additionally, a chartered finance analyst has an average salary of $73,157, which is higher than the $54,544 average annual salary of a contract analyst.

The top three skills for a chartered finance analyst include CFA, financial statements and web-parts. The most important skills for a contract analyst are customer service, contract management, and contract terms.

Chartered finance analyst vs contract analyst overview

Chartered Finance AnalystContract Analyst
Yearly salary$73,157$54,544
Hourly rate$35.17$26.22
Growth rate9%9%
Number of jobs73,93158,593
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 67%
Average age4040
Years of experience44

Chartered finance analyst vs contract analyst salary

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

Chartered Finance AnalystContract Analyst
Average salary$73,157$54,544
Salary rangeBetween $44,000 And $119,000Between $39,000 And $74,000
Highest paying CityCharlottesville, VAJersey City, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyCFA InstituteAstraZeneca
Best paying industry-Pharmaceutical

Differences between chartered finance analyst and contract analyst education

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

Chartered Finance AnalystContract Analyst
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 67%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chartered finance analyst vs contract analyst demographics

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

Chartered Finance AnalystContract Analyst
Average age4040
Gender ratioMale, 89.6% Female, 10.4%Male, 41.2% Female, 58.8%
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 contract 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.

Contract analyst example responsibilities.

  • Manage RFQ generation, proposal analysis, documentation, PO generation, and subcontractor and supplier follow-up.
  • Lead and educate internal stakeholders in the proper use of document review and approval processes using SharePoint document management tools.
  • Conduct internal audits of the company and audits of subcontractor performance and adherence to Medicare and Medicaid regulations.
  • Coordinate and monitor ethics training with NFA and vendor.
  • Identify issues and conduct investigations of ethics and compliance relate matters.
  • Develop and issue structured requests for information (RFI, RFQ, and RFP).
  • Show more

Chartered finance analyst vs contract analyst skills

Common chartered finance analyst skills
  • CFA, 39%
  • Financial Statements, 25%
  • Web-Parts, 8%
  • SQL Server, 7%
  • Templates, 6%
  • Power-Shell, 6%
Common contract analyst skills
  • Customer Service, 10%
  • Contract Management, 8%
  • Contract Terms, 5%
  • SQL, 5%
  • HR, 4%
  • Data Entry, 4%

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