Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between corporate finance analysts and associate analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a corporate finance analyst and an associate analyst. Additionally, a corporate finance analyst has an average salary of $76,023, which is higher than the $68,161 average annual salary of an associate analyst.
The top three skills for a corporate finance analyst include financial analysis, strong analytical and financial models. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.
| Corporate Finance Analyst | Associate Analyst | |
| Yearly salary | $76,023 | $68,161 |
| Hourly rate | $36.55 | $32.77 |
| Growth rate | 9% | 9% |
| Number of jobs | 114,375 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
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.
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.
Corporate finance analysts and associate analysts have different pay scales, as shown below.
| Corporate Finance Analyst | Associate Analyst | |
| Average salary | $76,023 | $68,161 |
| Salary range | Between $52,000 And $109,000 | Between $47,000 And $98,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Michigan | New York |
| Best paying company | Apollo Global Management | |
| Best paying industry | Finance | Finance |
There are a few differences between a corporate finance analyst and an associate analyst in terms of educational background:
| Corporate Finance Analyst | Associate Analyst | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between corporate finance analysts' and associate analysts' demographics:
| Corporate Finance Analyst | Associate Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 63.5% Female, 36.5% | Male, 52.3% Female, 47.7% |
| Race ratio | 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% | 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 | 7% | 7% |