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The differences between commercial analysts and business analyst associates 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 a business analyst associate takes usually requires 2-4 years. Additionally, a commercial analyst has an average salary of $83,036, which is higher than the $68,806 average annual salary of a business analyst associate.
The top three skills for a commercial analyst include portfolio, data analysis and financial statements. The most important skills for a business analyst associate are healthcare, project management, and business processes.
| Commercial Analyst | Business Analyst Associate | |
| Yearly salary | $83,036 | $68,806 |
| Hourly rate | $39.92 | $33.08 |
| Growth rate | 9% | 11% |
| Number of jobs | 54,953 | 129,806 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| 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.
A business analyst associate job supports collaborating with financial reporting and developing strategies and initiatives that optimize costs and improve internal and external reporting. They work closely with business analysts to help make improvements in streamlining reports and review the process requirements by constantly communicating with the clients or end-users. The role should also call for a solid understanding of regulatory and requirements in reporting as well as experience in forecasting, budgeting, and financial analysis shared with a comprehensive understanding of key performance indicators.
Commercial analysts and business analyst associates have different pay scales, as shown below.
| Commercial Analyst | Business Analyst Associate | |
| Average salary | $83,036 | $68,806 |
| Salary range | Between $60,000 And $114,000 | Between $53,000 And $89,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | Meta | Edelman Financial Engines |
| Best paying industry | Energy | Finance |
There are a few differences between a commercial analyst and a business analyst associate in terms of educational background:
| Commercial Analyst | Business Analyst Associate | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between commercial analysts' and business analyst associates' demographics:
| Commercial Analyst | Business Analyst Associate | |
| Average age | 39 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 48.2% Female, 51.8% |
| 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, 8.4% Asian, 14.3% White, 65.3% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |