Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior pricing analysts and research analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior pricing analyst and a research analyst. Additionally, a senior pricing analyst has an average salary of $74,660, which is higher than the $70,232 average annual salary of a research analyst.
The top three skills for a senior pricing analyst include pricing strategy, data analysis and SR. The most important skills for a research analyst are data analysis, data collection, and research projects.
| Senior Pricing Analyst | Research Analyst | |
| Yearly salary | $74,660 | $70,232 |
| Hourly rate | $35.89 | $33.77 |
| Growth rate | 19% | 19% |
| Number of jobs | 61,987 | 81,374 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A senior pricing analyst is responsible for evaluating the market competition and pricing statistics to determine the best value that meets the public's demands at the same time works with the company's best interests. Senior pricing analysts identify the efficient pricing strategies for marginal profits and revenues, as well as conducting data and statistical analysis for pricing models and create cost and expenses forecasting. A senior pricing analyst must have excellent knowledge of the marketing industry, as well as possessing analytical skills to measure returns and estimates for product distribution.
A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.
Senior pricing analysts and research analysts have different pay scales, as shown below.
| Senior Pricing Analyst | Research Analyst | |
| Average salary | $74,660 | $70,232 |
| Salary range | Between $57,000 And $96,000 | Between $45,000 And $107,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | The Citadel | |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a senior pricing analyst and a research analyst in terms of educational background:
| Senior Pricing Analyst | Research Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between senior pricing analysts' and research analysts' demographics:
| Senior Pricing Analyst | Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 50.8% Female, 49.2% |
| Race ratio | Black or African American, 5.3% Unknown, 5.0% Hispanic or Latino, 12.6% Asian, 11.2% White, 65.8% American Indian and Alaska Native, 0.1% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |