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The differences between industrial analysts and administrative analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an industrial analyst and an administrative analyst. Additionally, an industrial analyst has an average salary of $69,648, which is higher than the $55,444 average annual salary of an administrative analyst.
The top three skills for an industrial analyst include macro, market research and quantitative analysis. The most important skills for an administrative analyst are customer service, patients, and powerpoint.
| Industrial Analyst | Administrative Analyst | |
| Yearly salary | $69,648 | $55,444 |
| Hourly rate | $33.48 | $26.66 |
| Growth rate | 11% | 11% |
| Number of jobs | 72,280 | 91,598 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An industrial analyst has access to the financial information of investors in order to give data-based recommendations that can boost the income of financial programs. Some of the tasks an industrial analyst does are preparing forecasts, developing models for the industrial scale, create segment taxonomies, and drawing graphs, tables, and spreadsheets based on gathered information from researches to come up with comparisons and more accurate forecasts. Normally, they work for research and consulting firms, but some also perform private consultation services.
An administrative analyst specializes in analyzing the company's processes and operations to come up with the best practices for the business. Their responsibilities revolve around conducting research and analysis through site inspections, surveys, interviews, and assessments. They must also coordinate with different department personnel to gather and examine data, ensuring that all processes are profitable and efficient. Furthermore, as an administrative analyst, it is essential to present findings and progress reports in adherence to the company's policies and regulations.
Industrial analysts and administrative analysts have different pay scales, as shown below.
| Industrial Analyst | Administrative Analyst | |
| Average salary | $69,648 | $55,444 |
| Salary range | Between $46,000 And $105,000 | Between $37,000 And $81,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New York | Connecticut |
| Best paying company | The Citadel | ConocoPhillips |
| Best paying industry | Government | Technology |
There are a few differences between an industrial analyst and an administrative analyst in terms of educational background:
| Industrial Analyst | Administrative Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between industrial analysts' and administrative analysts' demographics:
| Industrial Analyst | Administrative Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.9% Female, 35.1% | Male, 33.5% Female, 66.5% |
| Race ratio | Black or African American, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.8% American Indian and Alaska Native, 0.2% | Black or African American, 8.5% Unknown, 4.5% Hispanic or Latino, 9.2% Asian, 11.4% White, 66.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |