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The differences between commercial analysts and reporting 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 reporting analyst takes usually requires 2-4 years. Additionally, a commercial analyst has an average salary of $83,036, which is higher than the $73,478 average annual salary of a reporting analyst.
The top three skills for a commercial analyst include portfolio, data analysis and financial statements. The most important skills for a reporting analyst are power bi, data analysis, and dashboards.
| Commercial Analyst | Reporting Analyst | |
| Yearly salary | $83,036 | $73,478 |
| Hourly rate | $39.92 | $35.33 |
| Growth rate | 9% | 11% |
| Number of jobs | 54,953 | 87,731 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| 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.
As a reporting analyst, you are responsible for collecting relevant reports, analyzing raw data, writing, and delivering executive-ready qualitative and/or quantitative reports as per clients' requirements. The results collected will be communicated to managers or clients, who will then provide suggestions based on their findings. This person must have excellent quantitative & qualitative analytical skills, a strong eye for detail, strong organizational and multitasking abilities, and be able to work on tight deadlines. Intermediate to advanced knowledge of Excel is a must for this position.
Commercial analysts and reporting analysts have different pay scales, as shown below.
| Commercial Analyst | Reporting Analyst | |
| Average salary | $83,036 | $73,478 |
| Salary range | Between $60,000 And $114,000 | Between $56,000 And $95,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Meta | Meta |
| Best paying industry | Energy | Finance |
There are a few differences between a commercial analyst and a reporting analyst in terms of educational background:
| Commercial Analyst | Reporting Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between commercial analysts' and reporting analysts' demographics:
| Commercial Analyst | Reporting Analyst | |
| Average age | 39 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 54.1% Female, 45.9% |
| 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |