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The differences between program finance analysts and business & 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 program finance analyst and a business & finance analyst. Additionally, a business & finance analyst has an average salary of $70,514, which is higher than the $57,254 average annual salary of a program finance analyst.
The top three skills for a program finance analyst include financial analysis, variance analysis and program management. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Program Finance Analyst | Business & Finance Analyst | |
| Yearly salary | $57,254 | $70,514 |
| Hourly rate | $27.53 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 154,305 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A program finance analyst is an individual who supports the execution of program financial services to ensure effective and transparent utilization of financial resources. Program finance analysts must obtain and compile information regarding the credit history of loan applicants, corporate financial statements, and other financial information. They communicate with faculty members and business administrators about the company's financial status and provide recommendations for strategic planning. Program finance analysts must also monitor the financial performance of a project and provide analysis for project managers concerning burn rates and potential overruns.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Program finance analysts and business & finance analysts have different pay scales, as shown below.
| Program Finance Analyst | Business & Finance Analyst | |
| Average salary | $57,254 | $70,514 |
| Salary range | Between $42,000 And $76,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Microsoft | |
| Best paying industry | Technology | Finance |
There are a few differences between a program finance analyst and a business & finance analyst in terms of educational background:
| Program Finance Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between program finance analysts' and business & finance analysts' demographics:
| Program Finance Analyst | Business & Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 53.5% Female, 46.5% | Male, 55.6% Female, 44.4% |
| 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% |