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The differences between commercial analysts and corporate finance 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 a corporate finance analyst takes usually requires 2-4 years. Additionally, a commercial analyst has an average salary of $83,036, which is higher than the $76,023 average annual salary of a corporate finance analyst.
The top three skills for a commercial analyst include portfolio, data analysis and financial statements. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.
| Commercial Analyst | Corporate Finance Analyst | |
| Yearly salary | $83,036 | $76,023 |
| Hourly rate | $39.92 | $36.55 |
| Growth rate | 9% | 9% |
| Number of jobs | 54,953 | 114,375 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| 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.
Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.
Commercial analysts and corporate finance analysts have different pay scales, as shown below.
| Commercial Analyst | Corporate Finance Analyst | |
| Average salary | $83,036 | $76,023 |
| Salary range | Between $60,000 And $114,000 | Between $52,000 And $109,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Michigan |
| Best paying company | Meta | |
| Best paying industry | Energy | Finance |
There are a few differences between a commercial analyst and a corporate finance analyst in terms of educational background:
| Commercial Analyst | Corporate Finance Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commercial analysts' and corporate finance analysts' demographics:
| Commercial Analyst | Corporate Finance Analyst | |
| Average age | 39 | 40 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 63.5% Female, 36.5% |
| 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% |