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The differences between senior budget analysts and 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 senior budget analyst and an analyst. Additionally, an analyst has an average salary of $73,007, which is higher than the $69,249 average annual salary of a senior budget analyst.
The top three skills for a senior budget analyst include financial management, powerpoint and financial analysis. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Senior Budget Analyst | Analyst | |
| Yearly salary | $69,249 | $73,007 |
| Hourly rate | $33.29 | $35.10 |
| Growth rate | 3% | 11% |
| Number of jobs | 43,424 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Average age | 47 | 44 |
| Years of experience | 4 | 4 |
A senior budget analyst analyzes the finances of their company. They monitor their company's financial data to gain new insights to make a profit. They create budgets for departments, increase the efficiency of company systems, and prepare reports and financial statements.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Senior budget analysts and analysts have different pay scales, as shown below.
| Senior Budget Analyst | Analyst | |
| Average salary | $69,249 | $73,007 |
| Salary range | Between $45,000 And $105,000 | Between $53,000 And $99,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Brookhaven National Laboratory | The Citadel |
| Best paying industry | Government | Technology |
There are a few differences between a senior budget analyst and an analyst in terms of educational background:
| Senior Budget Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between senior budget analysts' and analysts' demographics:
| Senior Budget Analyst | Analyst | |
| Average age | 47 | 44 |
| Gender ratio | Male, 52.7% Female, 47.3% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 12.9% Unknown, 4.7% Hispanic or Latino, 15.3% Asian, 8.5% White, 57.5% American Indian and Alaska Native, 1.0% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 13% | 12% |