Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between funding 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 funding analyst and an analyst. Additionally, a funding analyst has an average salary of $82,744, which is higher than the $73,007 average annual salary of an analyst.
The top three skills for a funding analyst include financial statements, portfolio management and powerpoint. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Funding Analyst | Analyst | |
| Yearly salary | $82,744 | $73,007 |
| Hourly rate | $39.78 | $35.10 |
| Growth rate | 9% | 11% |
| Number of jobs | 62,949 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 67% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
A funding analyst is responsible for conducting financial data analysis and creating reports according to the market performance that will help a financial institution to determine cost estimates and mitigate financial risks. Funding analysts also review the organization's programs and sponsorships, ensuring the adequate allocation of funds and resources to support such activities. They identify business opportunities and other financial services to generate more clients and close deals that would drive more revenues and increase the company's profitability.
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.
Funding analysts and analysts have different pay scales, as shown below.
| Funding Analyst | Analyst | |
| Average salary | $82,744 | $73,007 |
| Salary range | Between $48,000 And $142,000 | Between $53,000 And $99,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | PitchBook Data | The Citadel |
| Best paying industry | Finance | Technology |
There are a few differences between a funding analyst and an analyst in terms of educational background:
| Funding Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 67% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between funding analysts' and analysts' demographics:
| Funding Analyst | Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 57.4% Female, 42.6% | Male, 52.4% Female, 47.6% |
| 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, 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% |