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The differences between funding 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 funding analyst and a business & finance analyst. Additionally, a funding analyst has an average salary of $82,744, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a funding analyst include financial statements, portfolio management and powerpoint. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Funding Analyst | Business & Finance Analyst | |
| Yearly salary | $82,744 | $70,514 |
| Hourly rate | $39.78 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 62,949 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| 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.
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.
Funding analysts and business & finance analysts have different pay scales, as shown below.
| Funding Analyst | Business & Finance Analyst | |
| Average salary | $82,744 | $70,514 |
| Salary range | Between $48,000 And $142,000 | Between $50,000 And $99,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | PitchBook Data | |
| Best paying industry | Finance | Finance |
There are a few differences between a funding analyst and a business & finance analyst in terms of educational background:
| Funding 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 funding analysts' and business & finance analysts' demographics:
| Funding Analyst | Business & Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 57.4% Female, 42.6% | 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% |