Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between equity research analysts and reporting 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 equity research analyst and a reporting analyst. Additionally, an equity research analyst has an average salary of $119,540, which is higher than the $73,478 average annual salary of a reporting analyst.
The top three skills for an equity research analyst include financial models, macro and securities. The most important skills for a reporting analyst are power bi, data analysis, and dashboards.
| Equity Research Analyst | Reporting Analyst | |
| Yearly salary | $119,540 | $73,478 |
| Hourly rate | $57.47 | $35.33 |
| Growth rate | 9% | 11% |
| Number of jobs | 85,974 | 87,731 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
An equity research analyst is responsible for analyzing stock and securities markets, generating reports and performance projections, and advising clients on the best options for clients' financial portfolios. Equity research analysts should have excellent knowledge of the current stock market trends, especially the availability of the securities to identify investments that would sell in public. They evaluate the clients' needs out of their investment interests and risk appetite. An equity research analyst must be highly-communicative and analytical, especially on responding to clients' inquiries and concerns and informing investment managers on the stock and securities available.
As a reporting analyst, you are responsible for collecting relevant reports, analyzing raw data, writing, and delivering executive-ready qualitative and/or quantitative reports as per clients' requirements. The results collected will be communicated to managers or clients, who will then provide suggestions based on their findings. This person must have excellent quantitative & qualitative analytical skills, a strong eye for detail, strong organizational and multitasking abilities, and be able to work on tight deadlines. Intermediate to advanced knowledge of Excel is a must for this position.
Equity research analysts and reporting analysts have different pay scales, as shown below.
| Equity Research Analyst | Reporting Analyst | |
| Average salary | $119,540 | $73,478 |
| Salary range | Between $78,000 And $182,000 | Between $56,000 And $95,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Simmons Energy | Meta |
| Best paying industry | Health Care | Finance |
There are a few differences between an equity research analyst and a reporting analyst in terms of educational background:
| Equity Research Analyst | Reporting Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between equity research analysts' and reporting analysts' demographics:
| Equity Research Analyst | Reporting Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 76.8% Female, 23.2% | Male, 54.1% Female, 45.9% |
| 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |