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The differences between finance executives and business & finance analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance executive, becoming a business & finance analyst takes usually requires 2-4 years. Additionally, a finance executive has an average salary of $110,830, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Finance Executive | Business & Finance Analyst | |
| Yearly salary | $110,830 | $70,514 |
| Hourly rate | $53.28 | $33.90 |
| Growth rate | 17% | 9% |
| Number of jobs | 137,400 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Average age | 46 | 40 |
| Years of experience | 8 | 4 |
Finance executives oversee an organization's money and profit. They are responsible for overseeing the income and expenses of the business' money transactions. These executives evaluate financial reports such as cash-flow statements, tax planning, and budgeting. Sometimes, finance executives manage a staff of finance clerks, hire new staff, and develop schedules. They work full-time in an office, but they also often work beyond regular business hours. As for qualifications, finance executives must have at least a bachelor's degree and a considerable length of work experience in the business field.
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.
Finance executives and business & finance analysts have different pay scales, as shown below.
| Finance Executive | Business & Finance Analyst | |
| Average salary | $110,830 | $70,514 |
| Salary range | Between $68,000 And $178,000 | Between $50,000 And $99,000 |
| Highest paying City | West Babylon, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Apple | |
| Best paying industry | Government | Finance |
There are a few differences between a finance executive and a business & finance analyst in terms of educational background:
| Finance Executive | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance executives' and business & finance analysts' demographics:
| Finance Executive | Business & Finance Analyst | |
| Average age | 46 | 40 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% American Indian and Alaska Native, 0.3% | 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 | 11% | 7% |