Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance management analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance management analyst and an analyst. Additionally, an analyst has an average salary of $73,007, which is higher than the $71,934 average annual salary of a finance management analyst.
The top three skills for a finance management analyst include financial management, financial issues and management reports. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Finance Management Analyst | Analyst | |
| Yearly salary | $71,934 | $73,007 |
| Hourly rate | $34.58 | $35.10 |
| Growth rate | 11% | 11% |
| Number of jobs | 184,284 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Finance management analysts and analysts have different pay scales, as shown below.
| Finance Management Analyst | Analyst | |
| Average salary | $71,934 | $73,007 |
| Salary range | Between $49,000 And $104,000 | Between $53,000 And $99,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | Apple | The Citadel |
| Best paying industry | Government | Technology |
There are a few differences between a finance management analyst and an analyst in terms of educational background:
| Finance Management Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between finance management analysts' and analysts' demographics:
| Finance Management Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.2% Female, 45.8% | Male, 52.4% Female, 47.6% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |