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The differences between institutional commodity analysts and contract 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 institutional commodity analyst and a contract analyst. Additionally, an institutional commodity analyst has an average salary of $108,377, which is higher than the $54,544 average annual salary of a contract analyst.
The top three skills for an institutional commodity analyst include R, and . The most important skills for a contract analyst are customer service, contract management, and contract terms.
| Institutional Commodity Analyst | Contract Analyst | |
| Yearly salary | $108,377 | $54,544 |
| Hourly rate | $52.10 | $26.22 |
| Growth rate | 9% | 9% |
| Number of jobs | 16,760 | 58,593 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
Institutional commodity analysts and contract analysts have different pay scales, as shown below.
| Institutional Commodity Analyst | Contract Analyst | |
| Average salary | $108,377 | $54,544 |
| Salary range | Between $71,000 And $164,000 | Between $39,000 And $74,000 |
| Highest paying City | - | Jersey City, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | AstraZeneca |
| Best paying industry | - | Pharmaceutical |
There are a few differences between an institutional commodity analyst and a contract analyst in terms of educational background:
| Institutional Commodity Analyst | Contract Analyst | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between institutional commodity analysts' and contract analysts' demographics:
| Institutional Commodity Analyst | Contract Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.3% Female, 38.7% | Male, 41.2% Female, 58.8% |
| 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% |