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The differences between program finance analysts and summer 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 summer analyst. Additionally, a summer analyst has an average salary of $66,837, 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 summer analyst are strong analytical, financial statements, and capital markets.
| Program Finance Analyst | Summer Analyst | |
| Yearly salary | $57,254 | $66,837 |
| Hourly rate | $27.53 | $32.13 |
| Growth rate | 9% | 9% |
| Number of jobs | 154,305 | 44,912 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 80% |
| 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.
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.
Program finance analysts and summer analysts have different pay scales, as shown below.
| Program Finance Analyst | Summer Analyst | |
| Average salary | $57,254 | $66,837 |
| Salary range | Between $42,000 And $76,000 | Between $43,000 And $102,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | California | - |
| Best paying company | Microsoft | - |
| Best paying industry | Technology | - |
There are a few differences between a program finance analyst and a summer analyst in terms of educational background:
| Program Finance Analyst | Summer Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 80% |
| Most common major | Business | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between program finance analysts' and summer analysts' demographics:
| Program Finance Analyst | Summer Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 53.5% Female, 46.5% | Male, 72.5% Female, 27.5% |
| 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% |