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The differences between finance planning analysts and business & finance 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 planning analyst and a business & finance analyst. Additionally, a finance planning analyst has an average salary of $77,027, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a finance planning analyst include financial analysis, powerpoint and financial planning analysis. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Finance Planning Analyst | Business & Finance Analyst | |
| Yearly salary | $77,027 | $70,514 |
| Hourly rate | $37.03 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 103,172 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
Financial planning analysts are professionals in charge of the company's budgeting, forecasting, and analysis. The role of the analysts is crucial to the major decisions of corporations. They employ quantitative techniques and formulas to make things happen the easy way. They offer financial consulting and strategic support to the enterprise's senior management. Also, it is their job to monitor relevant laws, economic trends, and other factors affecting the financial state of the company.
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 planning analysts and business & finance analysts have different pay scales, as shown below.
| Finance Planning Analyst | Business & Finance Analyst | |
| Average salary | $77,027 | $70,514 |
| Salary range | Between $56,000 And $105,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | ||
| Best paying industry | Finance | Finance |
There are a few differences between a finance planning analyst and a business & finance analyst in terms of educational background:
| Finance Planning Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance planning analysts' and business & finance analysts' demographics:
| Finance Planning Analyst | Business & Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 55.6% Female, 44.4% |
| 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, 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 | 7% | 7% |