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The differences between edi business 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 an edi business analyst and a business & finance analyst. Additionally, an edi business analyst has an average salary of $74,602, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for an edi business analyst include HIPAA, FTP and test cases. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| EDI Business Analyst | Business & Finance Analyst | |
| Yearly salary | $74,602 | $70,514 |
| Hourly rate | $35.87 | $33.90 |
| Growth rate | 11% | 9% |
| Number of jobs | 126,085 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 71% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
An EDI business analyst will design, apply, troubleshoot, and maintain electronic data interchange between businesses while ensuring safety and security. They assess the business' needs and create a system that may enable them to connect with other companies, share ideas, or connect with their branches. They train staff to use the system and can also do system upgrading. When it comes to insurances, an EDI analyst helps in claiming funds.
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.
Edi business analysts and business & finance analysts have different pay scales, as shown below.
| EDI Business Analyst | Business & Finance Analyst | |
| Average salary | $74,602 | $70,514 |
| Salary range | Between $55,000 And $99,000 | Between $50,000 And $99,000 |
| Highest paying City | Shrewsbury, MA | San Francisco, CA |
| Highest paying state | Massachusetts | Washington |
| Best paying company | Deckers Brands | |
| Best paying industry | Retail | Finance |
There are a few differences between an edi business analyst and a business & finance analyst in terms of educational background:
| EDI Business Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between edi business analysts' and business & finance analysts' demographics:
| EDI Business Analyst | Business & Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 56.1% Female, 43.9% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% | 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 | 12% | 7% |