Post job

Investment banking analyst vs contract analyst

The differences between investment banking 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 investment banking analyst and a contract analyst. Additionally, an investment banking analyst has an average salary of $60,598, which is higher than the $54,544 average annual salary of a contract analyst.

The top three skills for an investment banking analyst include financial models, discounted cash flow and healthcare. The most important skills for a contract analyst are customer service, contract management, and contract terms.

Investment banking analyst vs contract analyst overview

Investment Banking AnalystContract Analyst
Yearly salary$60,598$54,544
Hourly rate$29.13$26.22
Growth rate9%9%
Number of jobs52,79158,593
Job satisfaction--
Most common degreeBachelor's Degree, 83%Bachelor's Degree, 67%
Average age4040
Years of experience44

What does an investment banking analyst do?

An Investment Banking Analyst reviews and analyzes data for investment banking portfolios. They work with individuals and businesses to suggest potential investments for their clients.

What does a contract analyst do?

A contract analyst is primarily in charge of thoroughly reviewing contract terms and conditions, negotiating and addressing changes on behalf of a company or an individual, and avoiding financial disadvantages or any disputes. They are responsible for consulting with clients, analyzing clauses and liabilities, recommending amendments, documenting all transactions, and monitoring every change in the contract. Furthermore, there are instances when a contract analyst must coordinate with all department officers, advising them of any significant changes that the contracts might bring.

Investment banking analyst vs contract analyst salary

Investment banking analysts and contract analysts have different pay scales, as shown below.

Investment Banking AnalystContract Analyst
Average salary$60,598$54,544
Salary rangeBetween $35,000 And $104,000Between $39,000 And $74,000
Highest paying CitySan Francisco, CAJersey City, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyThe CitadelAstraZeneca
Best paying industryFinancePharmaceutical

Differences between investment banking analyst and contract analyst education

There are a few differences between an investment banking analyst and a contract analyst in terms of educational background:

Investment Banking AnalystContract Analyst
Most common degreeBachelor's Degree, 83%Bachelor's Degree, 67%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Investment banking analyst vs contract analyst demographics

Here are the differences between investment banking analysts' and contract analysts' demographics:

Investment Banking AnalystContract Analyst
Average age4040
Gender ratioMale, 75.3% Female, 24.7%Male, 41.2% Female, 58.8%
Race ratioBlack 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 Percentage7%7%

Differences between investment banking analyst and contract analyst duties and responsibilities

Investment banking analyst example responsibilities.

  • Organize and maintain client leads in SalesForce.
  • Used SQL language to manipulate, extract and manage financial and customer data.
  • Manage financial operations such as account management, book keeping, wire transfers, and transaction, position reconciliations.
  • Manage ongoing maintenance of prospective investor pipeline using SalesForce software.
  • Manage trade executions and broker relationships for all portfolio positions across several banks, prime brokerage accounts and electronic commodities exchanges.
  • Perform valuation analyses including DCF, public trading comparison, and precedent transaction comparisons.
  • Show more

Contract analyst example responsibilities.

  • Manage RFQ generation, proposal analysis, documentation, PO generation, and subcontractor and supplier follow-up.
  • Lead and educate internal stakeholders in the proper use of document review and approval processes using SharePoint document management tools.
  • Conduct internal audits of the company and audits of subcontractor performance and adherence to Medicare and Medicaid regulations.
  • Coordinate and monitor ethics training with NFA and vendor.
  • Identify issues and conduct investigations of ethics and compliance relate matters.
  • Develop and issue structured requests for information (RFI, RFQ, and RFP).
  • Show more

Investment banking analyst vs contract analyst skills

Common investment banking analyst skills
  • Financial Models, 12%
  • Discounted Cash Flow, 9%
  • Healthcare, 5%
  • Capital Markets, 5%
  • Private Equity, 4%
  • PowerPoint, 4%
Common contract analyst skills
  • Customer Service, 10%
  • Contract Management, 8%
  • Contract Terms, 5%
  • SQL, 5%
  • HR, 4%
  • Data Entry, 4%

Browse business and financial jobs