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The differences between revenue 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 revenue analyst and a business & finance analyst. Additionally, a business & finance analyst has an average salary of $70,514, which is higher than the $66,985 average annual salary of a revenue analyst.
The top three skills for a revenue analyst include revenue cycle, customer service and patients. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Revenue Analyst | Business & Finance Analyst | |
| Yearly salary | $66,985 | $70,514 |
| Hourly rate | $32.20 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 65,034 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A revenue analyst is primarily in charge of analyzing a company's revenues and expenditures to help them make better business decisions. Their responsibilities revolve around tracking the company finances, gathering and recording data, producing progress reports, and identifying opportunities to boost sales and profits. There are also instances when a revenue analyst must devise plans to cut costs, recommend budgets, build models, develop revenue forecasts, and comply with the laws and regulations. Furthermore, it is also essential to implement the company's policies and guidelines to the team and every task involved.
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.
Revenue analysts and business & finance analysts have different pay scales, as shown below.
| Revenue Analyst | Business & Finance Analyst | |
| Average salary | $66,985 | $70,514 |
| Salary range | Between $48,000 And $91,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | ||
| Best paying industry | Technology | Finance |
There are a few differences between a revenue analyst and a business & finance analyst in terms of educational background:
| Revenue Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between revenue analysts' and business & finance analysts' demographics:
| Revenue Analyst | Business & Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 42.3% Female, 57.7% | 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% |