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The differences between fiscal 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 fiscal analyst and an analyst. Additionally, an analyst has an average salary of $73,007, which is higher than the $51,960 average annual salary of a fiscal analyst.
The top three skills for a fiscal analyst include payroll, financial data and management system. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Fiscal Analyst | Analyst | |
| Yearly salary | $51,960 | $73,007 |
| Hourly rate | $24.98 | $35.10 |
| Growth rate | 6% | 11% |
| Number of jobs | 37,053 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A fiscal analyst specializes in providing analytical services to help companies monitor and develop budgets and financial activities. Their responsibilities include gathering and analyzing financial data, conducting market research and analysis, arranging spreadsheets, updating databases, and producing regular budget reports and forecasts. To carry out their duties, they typically use special software and programs, coordinate with various departments, and have knowledge in court collections. Moreover, a fiscal analyst may assist staff, all while implementing 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.
Fiscal analysts and analysts have different pay scales, as shown below.
| Fiscal Analyst | Analyst | |
| Average salary | $51,960 | $73,007 |
| Salary range | Between $35,000 And $75,000 | Between $53,000 And $99,000 |
| Highest paying City | Santa Rosa, CA | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Jacobs Engineering Group | The Citadel |
| Best paying industry | Health Care | Technology |
There are a few differences between a fiscal analyst and an analyst in terms of educational background:
| Fiscal Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between fiscal analysts' and analysts' demographics:
| Fiscal Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 39.4% Female, 60.6% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5% | 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 | 7% | 12% |