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The differences between dealer analysts and summer 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 summer analyst. Additionally, a dealer analyst has an average salary of $77,663, which is higher than the $66,837 average annual salary of a summer analyst.
The top three skills for a dealer analyst include salesforce, financial analysis and approval process. The most important skills for a summer analyst are strong analytical, financial statements, and capital markets.
| Dealer Analyst | Summer Analyst | |
| Yearly salary | $77,663 | $66,837 |
| Hourly rate | $37.34 | $32.13 |
| Growth rate | 9% | 9% |
| Number of jobs | 50,943 | 44,912 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 80% |
| 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.
Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information. They establish statistical exhibits analyzing comparative financial performance. It is their responsibility to create models illustrating projected financial results, which is of great value to the companies. The skills necessary for this job include knowledge of financial statements, equity, portfolio companies, and financial models. They should also develop due diligence, strong communication, asset allocation knowledge, and attention to detail.
Dealer analysts and summer analysts have different pay scales, as shown below.
| Dealer Analyst | Summer Analyst | |
| Average salary | $77,663 | $66,837 |
| Salary range | Between $56,000 And $106,000 | Between $43,000 And $102,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a dealer analyst and a summer analyst in terms of educational background:
| Dealer Analyst | Summer Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 80% |
| Most common major | Business | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between dealer analysts' and summer analysts' demographics:
| Dealer Analyst | Summer Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 59.3% Female, 40.7% | Male, 72.5% Female, 27.5% |
| 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% |