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The differences between development research analysts and associate analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a development research analyst, becoming an associate analyst takes usually requires 2-4 years. Additionally, a development research analyst has an average salary of $70,829, which is higher than the $68,161 average annual salary of an associate analyst.
The top three skills for a development research analyst include data analysis, SQL and R. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.
| Development Research Analyst | Associate Analyst | |
| Yearly salary | $70,829 | $68,161 |
| Hourly rate | $34.05 | $32.77 |
| Growth rate | 19% | 9% |
| Number of jobs | 105,962 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Average age | 37 | 40 |
| Years of experience | 6 | 4 |
A development research analyst specializes in conducting research and analyses to help companies in making decisions or finding solutions against problem areas. As a development research analyst, it is their duty to understand and identify the project or the clients' needs, gather and analyze data from different sources, conduct interviews and surveys, perform assessments, and utilize the research findings to develop conclusions and recommendations. Moreover, a development research analyst usually works in a team setting, which requires an open communication line for successful outcomes.
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.
Development research analysts and associate analysts have different pay scales, as shown below.
| Development Research Analyst | Associate Analyst | |
| Average salary | $70,829 | $68,161 |
| Salary range | Between $46,000 And $106,000 | Between $47,000 And $98,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | Delaware | New York |
| Best paying company | T.D. Williamson | Apollo Global Management |
| Best paying industry | Technology | Finance |
There are a few differences between a development research analyst and an associate analyst in terms of educational background:
| Development Research Analyst | Associate Analyst | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between development research analysts' and associate analysts' demographics:
| Development Research Analyst | Associate Analyst | |
| Average age | 37 | 40 |
| Gender ratio | Male, 50.8% Female, 49.2% | Male, 52.3% Female, 47.7% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.4% Asian, 14.4% White, 64.4% 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 | 10% | 7% |