Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between industrial analysts and control 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 a control analyst. Additionally, an industrial analyst has an average salary of $69,648, which is higher than the $69,598 average annual salary of a control analyst.
The top three skills for an industrial analyst include macro, market research and quantitative analysis. The most important skills for a control analyst are internal controls, risk assessments, and SOX.
| Industrial Analyst | Control Analyst | |
| Yearly salary | $69,648 | $69,598 |
| Hourly rate | $33.48 | $33.46 |
| Growth rate | 11% | 11% |
| Number of jobs | 72,280 | 133,321 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| 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.
A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.
Industrial analysts and control analysts have different pay scales, as shown below.
| Industrial Analyst | Control Analyst | |
| Average salary | $69,648 | $69,598 |
| Salary range | Between $46,000 And $105,000 | Between $50,000 And $95,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | New York | Washington |
| Best paying company | The Citadel | Meta |
| Best paying industry | Government | Energy |
There are a few differences between an industrial analyst and a control analyst in terms of educational background:
| Industrial Analyst | Control Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between industrial analysts' and control analysts' demographics:
| Industrial Analyst | Control Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.9% Female, 35.1% | Male, 51.9% Female, 48.1% |
| 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, 8.3% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.3% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |