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Economic analyst vs treasury analyst

The differences between economic analysts and treasury analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an economic analyst and a treasury analyst. Additionally, a treasury analyst has an average salary of $72,667, which is higher than the $72,501 average annual salary of an economic analyst.

The top three skills for an economic analyst include SQL, SAS and data analysis. The most important skills for a treasury analyst are treasury, cash management, and ACH.

Economic analyst vs treasury analyst overview

Economic AnalystTreasury Analyst
Yearly salary$72,501$72,667
Hourly rate$34.86$34.94
Growth rate9%9%
Number of jobs81,76850,817
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does an economic analyst do?

An economic analyst is in charge of observing and analyzing the economy's state to assist a company in its decision-making endeavors. Their responsibilities revolve around keeping track of different markets, learning the impact of politics and important events to the economy, gathering data from various departments, and creating business plans and forecasts based on the findings. Moreover, in a company setting, an economic analyst may produce progress reports and presentations, mentor younger analysts, and implement the company's policies and regulations.

What does a treasury analyst do?

A treasury analyst is an individual who manages and analyses the financial activities of an organization that can include cash flows, liability obligations, and assets. Treasury analysts are required to execute the daily cash management of the organization such as cash forecasting, investing of excess cash, and running a hedging program in interest rates. They must present monthly reports and daily briefings on cash flows to senior management and provide advice on the financial operations of the movement of cash. Treasury analysts also update treasury policies and procedures for the organization to comply.

Economic analyst vs treasury analyst salary

Economic analysts and treasury analysts have different pay scales, as shown below.

Economic AnalystTreasury Analyst
Average salary$72,501$72,667
Salary rangeBetween $49,000 And $107,000Between $52,000 And $100,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyThe CitadelGoogle
Best paying industryProfessionalAutomotive

Differences between economic analyst and treasury analyst education

There are a few differences between an economic analyst and a treasury analyst in terms of educational background:

Economic AnalystTreasury Analyst
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 76%
Most common majorEconomicsBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Economic analyst vs treasury analyst demographics

Here are the differences between economic analysts' and treasury analysts' demographics:

Economic AnalystTreasury Analyst
Average age4040
Gender ratioMale, 65.9% Female, 34.1%Male, 51.1% Female, 48.9%
Race ratioBlack 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 Percentage7%7%

Differences between economic analyst and treasury analyst duties and responsibilities

Economic analyst example responsibilities.

  • Learned VBA and create a macro to automate the production process.
  • Manage project team meetings using SharePoint calendars.
  • Code and implement SQL and/or SAS code to obtain data for reporting and analysis.
  • Simulate generator outages and competitive market supply curves via SAS, MATLAB and STATA.
  • Employ SAS and Stata to calculate Elzinga-Hogarty estimations, Herfindahl and Hedonic price indexes.
  • Work as an economic consultant on client cases in litigation support, transfer pricing, and other economic issues.
  • Show more

Treasury analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Administrate treasury /liquidity analysis, foreign currency transactions, EFT and ACH activity.
  • Serve as key decision-maker in management of corporate treasury functions for this brokerage service provider.
  • Perform month-end processes- including SOX quarterly compliance testing, internal controls testing for external auditors.
  • Perform cash forecasting activities to model future financial liquidity perform financial analysis to determine cash position, and daily bank reconciliations.
  • Compile foreign exchange rates for Hyperion team.
  • Show more

Economic analyst vs treasury analyst skills

Common economic analyst skills
  • SQL, 16%
  • SAS, 13%
  • Data Analysis, 8%
  • Financial Analysis, 5%
  • PowerPoint, 5%
  • Medicaid, 4%
Common treasury analyst skills
  • Treasury, 17%
  • Cash Management, 16%
  • ACH, 5%
  • Treasury Operations, 4%
  • Reconciliations, 4%
  • Cash Flow, 3%

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