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The differences between market analyst interns and summer analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a market analyst internship, becoming a summer analyst takes usually requires 2-4 years. Additionally, a summer analyst has an average salary of $66,837, which is higher than the $63,476 average annual salary of a market analyst internship.
The top three skills for a market analyst internship include powerpoint, data analysis and data entry. The most important skills for a summer analyst are strong analytical, financial statements, and capital markets.
| Market Analyst Internship | Summer Analyst | |
| Yearly salary | $63,476 | $66,837 |
| Hourly rate | $30.52 | $32.13 |
| Growth rate | 19% | 9% |
| Number of jobs | 73,684 | 44,912 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 80% |
| Average age | 37 | 40 |
| Years of experience | 6 | 4 |
When it comes to a marketing analyst internship, an intern primarily follows a senior or a more experienced officer's directives. Most of their tasks will revolve around processing paperwork, maintaining records and databases, participating in research and analyses, and assisting senior analysts in various projects. There are also instances where they can attend meetings, participate in social media handling, and even share marketing insights. Furthermore, as an intern, it is essential to learn and adhere to the company's policies and regulations.
Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information. They establish statistical exhibits analyzing comparative financial performance. It is their responsibility to create models illustrating projected financial results, which is of great value to the companies. The skills necessary for this job include knowledge of financial statements, equity, portfolio companies, and financial models. They should also develop due diligence, strong communication, asset allocation knowledge, and attention to detail.
Market analyst interns and summer analysts have different pay scales, as shown below.
| Market Analyst Internship | Summer Analyst | |
| Average salary | $63,476 | $66,837 |
| Salary range | Between $39,000 And $101,000 | Between $43,000 And $102,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a market analyst internship and a summer analyst in terms of educational background:
| Market Analyst Internship | Summer Analyst | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 80% |
| Most common major | Business | Finance |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between market analyst interns' and summer analysts' demographics:
| Market Analyst Internship | Summer Analyst | |
| Average age | 37 | 40 |
| Gender ratio | Male, 56.6% Female, 43.4% | Male, 72.5% Female, 27.5% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.2% White, 64.9% 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 | 10% | 7% |