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The differences between senior analysts and senior research analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior analyst, becoming a senior research analyst takes usually requires 4-6 years. Additionally, a senior analyst has an average salary of $84,799, which is higher than the $75,056 average annual salary of a senior research analyst.
The top three skills for a senior analyst include analytics, data analysis and tableau. The most important skills for a senior research analyst are analytics, data analysis, and data collection.
| Senior Analyst | Senior Research Analyst | |
| Yearly salary | $84,799 | $75,056 |
| Hourly rate | $40.77 | $36.08 |
| Growth rate | 11% | 19% |
| Number of jobs | 159,807 | 71,891 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Average age | 44 | 37 |
| Years of experience | 4 | 6 |
A senior analyst's responsibilities will vary in every organization or industry. However, their primary role is to gain an understanding of a company's strengths and weaknesses. Through this, they can devise strategies and determine new opportunities that would be significant in attaining financial gains and a more substantial client base. Furthermore, it is a senior analyst's responsibility to coordinate with various departments, and even clients, to establish a rapport that will be essential in gaining the needed information to catapult a company to its finest.
The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.
Senior analysts and senior research analysts have different pay scales, as shown below.
| Senior Analyst | Senior Research Analyst | |
| Average salary | $84,799 | $75,056 |
| Salary range | Between $63,000 And $112,000 | Between $57,000 And $98,000 |
| Highest paying City | San Francisco, CA | Olympia, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | The Citadel | JPMorgan Chase & Co. |
| Best paying industry | Finance | Finance |
There are a few differences between a senior analyst and a senior research analyst in terms of educational background:
| Senior Analyst | Senior Research Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between senior analysts' and senior research analysts' demographics:
| Senior Analyst | Senior Research Analyst | |
| Average age | 44 | 37 |
| Gender ratio | Male, 61.8% Female, 38.2% | Male, 54.1% Female, 45.9% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 10% |