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The differences between commercial analysts and associate 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 associate analyst takes usually requires 2-4 years. Additionally, a commercial analyst has an average salary of $83,036, which is higher than the $68,161 average annual salary of an associate analyst.
The top three skills for a commercial analyst include portfolio, data analysis and financial statements. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.
| Commercial Analyst | Associate Analyst | |
| Yearly salary | $83,036 | $68,161 |
| Hourly rate | $39.92 | $32.77 |
| Growth rate | 9% | 9% |
| Number of jobs | 54,953 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Average age | 39 | 40 |
| 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.
An associate analyst is an individual who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.
Commercial analysts and associate analysts have different pay scales, as shown below.
| Commercial Analyst | Associate Analyst | |
| Average salary | $83,036 | $68,161 |
| Salary range | Between $60,000 And $114,000 | Between $47,000 And $98,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New York |
| Best paying company | Meta | Apollo Global Management |
| Best paying industry | Energy | Finance |
There are a few differences between a commercial analyst and an associate analyst in terms of educational background:
| Commercial Analyst | Associate Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commercial analysts' and associate analysts' demographics:
| Commercial Analyst | Associate Analyst | |
| Average age | 39 | 40 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 52.3% Female, 47.7% |
| 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, 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 | 11% | 7% |