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The differences between management analysts and finance management 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 management analyst and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $69,804 average annual salary of a management analyst.
The top three skills for a management analyst include customer service, project management and logistics. The most important skills for a finance management analyst are financial management, financial issues, and management reports.
| Management Analyst | Finance Management Analyst | |
| Yearly salary | $69,804 | $71,934 |
| Hourly rate | $33.56 | $34.58 |
| Growth rate | 11% | 11% |
| Number of jobs | 169,171 | 184,284 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A management analyst is responsible for monitoring the efficiency and effectiveness of management operations, providing strategic advice and procedures to improve its services, and building excellent relationships with customers and business partners. Management analysts identify business opportunities that would help the business generate more revenues and meet long-term profitability goals. They develop techniques in maximizing productivity and optimization, recommending new systems, and upgrading existing processes. A management analyst must have excellent critical thinking and communication skills, especially when evaluating complex data and performance reports.
A finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.
Management analysts and finance management analysts have different pay scales, as shown below.
| Management Analyst | Finance Management Analyst | |
| Average salary | $69,804 | $71,934 |
| Salary range | Between $49,000 And $98,000 | Between $49,000 And $104,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New Jersey | New York |
| Best paying company | The Citadel | Apple |
| Best paying industry | Professional | Government |
There are a few differences between a management analyst and a finance management analyst in terms of educational background:
| Management Analyst | Finance Management Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between management analysts' and finance management analysts' demographics:
| Management Analyst | Finance Management Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.5% Female, 53.5% | Male, 54.2% Female, 45.8% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.7% White, 65.2% American Indian and Alaska Native, 0.2% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |