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The differences between dealer analysts and business & finance 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 dealer analyst and a business & finance analyst. Additionally, a dealer analyst has an average salary of $77,663, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a dealer analyst include salesforce, financial analysis and approval process. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Dealer Analyst | Business & Finance Analyst | |
| Yearly salary | $77,663 | $70,514 |
| Hourly rate | $37.34 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 50,943 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
Dealer analysts are professionals who are responsible for performing data, statistical, and geographical analysis on the information of suppliers and customers. These analysts are required to review their dealer financial statements so that they can assess the level of risk in extending their dealer credit lines. They must analyze consumer credit applications for loan approval and creditworthiness. Dealer analysts must also develop business relationships with dealership personnel through the understanding of business unit financing plans, programs, and procedures.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Dealer analysts and business & finance analysts have different pay scales, as shown below.
| Dealer Analyst | Business & Finance Analyst | |
| Average salary | $77,663 | $70,514 |
| Salary range | Between $56,000 And $106,000 | Between $50,000 And $99,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Washington |
| Best paying company | - | |
| Best paying industry | - | Finance |
There are a few differences between a dealer analyst and a business & finance analyst in terms of educational background:
| Dealer Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between dealer analysts' and business & finance analysts' demographics:
| Dealer Analyst | Business & Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 59.3% Female, 40.7% | Male, 55.6% Female, 44.4% |
| 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% |