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The differences between finance executives and finance management 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 finance management analyst takes usually requires 2-4 years. Additionally, a finance executive has an average salary of $110,830, which is higher than the $71,934 average annual salary of a finance management analyst.
The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a finance management analyst are financial management, financial issues, and management reports.
| Finance Executive | Finance Management Analyst | |
| Yearly salary | $110,830 | $71,934 |
| Hourly rate | $53.28 | $34.58 |
| Growth rate | 17% | 11% |
| Number of jobs | 137,400 | 184,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Average age | 46 | 44 |
| 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 finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.
Finance executives and finance management analysts have different pay scales, as shown below.
| Finance Executive | Finance Management Analyst | |
| Average salary | $110,830 | $71,934 |
| Salary range | Between $68,000 And $178,000 | Between $49,000 And $104,000 |
| Highest paying City | West Babylon, NY | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Apple | Apple |
| Best paying industry | Government | Government |
There are a few differences between a finance executive and a finance management analyst in terms of educational background:
| Finance Executive | Finance Management Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between finance executives' and finance management analysts' demographics:
| Finance Executive | Finance Management Analyst | |
| Average age | 46 | 44 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 54.2% Female, 45.8% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |