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The differences between investment banking associates and junior is 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 associate and a junior is analyst. Additionally, an investment banking associate has an average salary of $119,967, which is higher than the $65,296 average annual salary of a junior is analyst.
The top three skills for an investment banking associate include capital markets, healthcare and discounted cash flow. The most important skills for a junior is analyst are powerpoint, data analysis, and portfolio.
| Investment Banking Associate | Junior IS Analyst | |
| Yearly salary | $119,967 | $65,296 |
| Hourly rate | $57.68 | $31.39 |
| Growth rate | 9% | 11% |
| Number of jobs | 39,516 | 92,477 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 75% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
An investment banking associate is in charge of performing support tasks for clients, ensuring efficiency and client satisfaction. They are primarily responsible for identifying and meeting clients' needs, assisting them in reaching their financial goals. They typically determine investment opportunities for clients, putting financial histories and records into consideration. They must thoroughly discuss terms, helping clients gain a deep understanding of the subject while building positive relationships. Furthermore, an investment banking associate may perform clerical tasks such as processing documentation and payments, producing progress reports, and performing calls and correspondence.
A junior IS analyst takes responsibility in making sure that databases are constructed appropriately and with access limits. IS analysts improve trading strategy with intermediaries through compensation information analysis. They handle financial claims payment as well as provider directory processes. Also, they develop dictionaries and provide technical support. They even perform due diligence for investment opportunities. The skills they need to have include management, information technology, and financial management.
Investment banking associates and junior is analysts have different pay scales, as shown below.
| Investment Banking Associate | Junior IS Analyst | |
| Average salary | $119,967 | $65,296 |
| Salary range | Between $73,000 And $195,000 | Between $45,000 And $93,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | Oregon | New Hampshire |
| Best paying company | Bloomberg | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between an investment banking associate and a junior is analyst in terms of educational background:
| Investment Banking Associate | Junior IS Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 75% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between investment banking associates' and junior is analysts' demographics:
| Investment Banking Associate | Junior IS Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 60.3% Female, 39.7% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |