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The differences between junior is analysts and finance analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a junior is analyst and a finance analyst. Additionally, a finance analyst has an average salary of $69,887, which is higher than the $65,296 average annual salary of a junior is analyst.
The top three skills for a junior is analyst include powerpoint, data analysis and portfolio. The most important skills for a finance analyst are financial analysis, financial models, and financial data.
| Junior IS Analyst | Finance Analyst | |
| Yearly salary | $65,296 | $69,887 |
| Hourly rate | $31.39 | $33.60 |
| Growth rate | 11% | 9% |
| Number of jobs | 92,477 | 138,600 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
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.
A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.
Junior is analysts and finance analysts have different pay scales, as shown below.
| Junior IS Analyst | Finance Analyst | |
| Average salary | $65,296 | $69,887 |
| Salary range | Between $45,000 And $93,000 | Between $46,000 And $104,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Hampshire | Connecticut |
| Best paying company | The Citadel | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a junior is analyst and a finance analyst in terms of educational background:
| Junior IS Analyst | Finance Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between junior is analysts' and finance analysts' demographics:
| Junior IS Analyst | Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 60.3% Female, 39.7% | Male, 56.2% Female, 43.8% |
| Race ratio | 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% | 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 | 12% | 7% |