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The differences between finance executives and corporate 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 corporate finance analyst takes usually requires 2-4 years. Additionally, a finance executive has an average salary of $110,830, which is higher than the $76,023 average annual salary of a corporate finance analyst.
The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.
| Finance Executive | Corporate Finance Analyst | |
| Yearly salary | $110,830 | $76,023 |
| Hourly rate | $53.28 | $36.55 |
| Growth rate | 17% | 9% |
| Number of jobs | 137,400 | 114,375 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 76% |
| 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.
Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.
Finance executives and corporate finance analysts have different pay scales, as shown below.
| Finance Executive | Corporate Finance Analyst | |
| Average salary | $110,830 | $76,023 |
| Salary range | Between $68,000 And $178,000 | Between $52,000 And $109,000 |
| Highest paying City | West Babylon, NY | San Francisco, CA |
| Highest paying state | New York | Michigan |
| Best paying company | Apple | |
| Best paying industry | Government | Finance |
There are a few differences between a finance executive and a corporate finance analyst in terms of educational background:
| Finance Executive | Corporate Finance Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 76% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance executives' and corporate finance analysts' demographics:
| Finance Executive | Corporate Finance Analyst | |
| Average age | 46 | 40 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 63.5% Female, 36.5% |
| 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% |