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The differences between finance analysts and business partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a finance analyst, becoming a business partner takes usually requires 8-10 years. Additionally, a business partner has an average salary of $96,324, which is higher than the $69,887 average annual salary of a finance analyst.
The top three skills for a finance analyst include financial analysis, financial models and financial data. The most important skills for a business partner are analytics, project management, and customer service.
| Finance Analyst | Business Partner | |
| Yearly salary | $69,887 | $96,324 |
| Hourly rate | $33.60 | $46.31 |
| Growth rate | 9% | 10% |
| Number of jobs | 138,600 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 65% |
| Average age | 40 | 39 |
| Years of experience | 4 | 10 |
A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Finance analysts and business partners have different pay scales, as shown below.
| Finance Analyst | Business Partner | |
| Average salary | $69,887 | $96,324 |
| Salary range | Between $46,000 And $104,000 | Between $66,000 And $140,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Connecticut | Washington |
| Best paying company | The Citadel | ZS |
| Best paying industry | Finance | Technology |
There are a few differences between a finance analyst and a business partner in terms of educational background:
| Finance Analyst | Business Partner | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between finance analysts' and business partners' demographics:
| Finance Analyst | Business Partner | |
| Average age | 40 | 39 |
| Gender ratio | Male, 56.2% Female, 43.8% | Male, 56.2% Female, 43.8% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 10% |