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The differences between junior is analysts and senior 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 senior analyst. Additionally, a senior analyst has an average salary of $84,799, 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 senior analyst are analytics, data analysis, and tableau.
| Junior IS Analyst | Senior Analyst | |
| Yearly salary | $65,296 | $84,799 |
| Hourly rate | $31.39 | $40.77 |
| Growth rate | 11% | 11% |
| Number of jobs | 92,477 | 159,807 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| 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 senior analyst's responsibilities will vary in every organization or industry. However, their primary role is to gain an understanding of a company's strengths and weaknesses. Through this, they can devise strategies and determine new opportunities that would be significant in attaining financial gains and a more substantial client base. Furthermore, it is a senior analyst's responsibility to coordinate with various departments, and even clients, to establish a rapport that will be essential in gaining the needed information to catapult a company to its finest.
Junior is analysts and senior analysts have different pay scales, as shown below.
| Junior IS Analyst | Senior Analyst | |
| Average salary | $65,296 | $84,799 |
| Salary range | Between $45,000 And $93,000 | Between $63,000 And $112,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Hampshire | New Jersey |
| Best paying company | The Citadel | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a junior is analyst and a senior analyst in terms of educational background:
| Junior IS Analyst | Senior Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between junior is analysts' and senior analysts' demographics:
| Junior IS Analyst | Senior Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.3% Female, 39.7% | Male, 61.8% Female, 38.2% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |