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The differences between investment banking associates and treasury 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 treasury analyst. Additionally, an investment banking associate has an average salary of $119,967, which is higher than the $72,667 average annual salary of a treasury analyst.
The top three skills for an investment banking associate include capital markets, healthcare and discounted cash flow. The most important skills for a treasury analyst are treasury, cash management, and ACH.
| Investment Banking Associate | Treasury Analyst | |
| Yearly salary | $119,967 | $72,667 |
| Hourly rate | $57.68 | $34.94 |
| Growth rate | 9% | 9% |
| Number of jobs | 39,516 | 50,817 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 76% |
| Average age | 40 | 40 |
| 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 treasury analyst is an individual who manages and analyses the financial activities of an organization that can include cash flows, liability obligations, and assets. Treasury analysts are required to execute the daily cash management of the organization such as cash forecasting, investing of excess cash, and running a hedging program in interest rates. They must present monthly reports and daily briefings on cash flows to senior management and provide advice on the financial operations of the movement of cash. Treasury analysts also update treasury policies and procedures for the organization to comply.
Investment banking associates and treasury analysts have different pay scales, as shown below.
| Investment Banking Associate | Treasury Analyst | |
| Average salary | $119,967 | $72,667 |
| Salary range | Between $73,000 And $195,000 | Between $52,000 And $100,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | Bloomberg | |
| Best paying industry | Finance | Automotive |
There are a few differences between an investment banking associate and a treasury analyst in terms of educational background:
| Investment Banking Associate | Treasury Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 76% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between investment banking associates' and treasury analysts' demographics:
| Investment Banking Associate | Treasury Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 51.1% Female, 48.9% |
| 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% |