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The differences between commercial analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a commercial analyst, becoming an analyst takes usually requires 2-4 years. Additionally, a commercial analyst has an average salary of $83,036, which is higher than the $73,007 average annual salary of an analyst.
The top three skills for a commercial analyst include portfolio, data analysis and financial statements. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Commercial Analyst | Analyst | |
| Yearly salary | $83,036 | $73,007 |
| Hourly rate | $39.92 | $35.10 |
| Growth rate | 9% | 11% |
| Number of jobs | 54,953 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Average age | 39 | 44 |
| Years of experience | 2 | 4 |
A commercial analyst is responsible for evaluating the performance of business operations in the market, including consumer demands and sales analysis. Commercial analysts monitor the market trends, identifying business opportunities that would generate more revenue resources for the business, as well as developing strategic approaches to attract potential clients and maintain long-lasting business relationships. They also manage the company's financial stability, reviewing competitors' activities, and recommending methods to maximize production operations and achieve the highest customer satisfaction.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Commercial analysts and analysts have different pay scales, as shown below.
| Commercial Analyst | Analyst | |
| Average salary | $83,036 | $73,007 |
| Salary range | Between $60,000 And $114,000 | Between $53,000 And $99,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | Meta | The Citadel |
| Best paying industry | Energy | Technology |
There are a few differences between a commercial analyst and an analyst in terms of educational background:
| Commercial Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between commercial analysts' and analysts' demographics:
| Commercial Analyst | Analyst | |
| Average age | 39 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 8.1% Unknown, 2.7% Hispanic or Latino, 9.7% Asian, 10.7% White, 68.5% American Indian and Alaska Native, 0.3% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |