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The differences between summer analysts and junior is 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 summer analyst and a junior is analyst. Additionally, a summer analyst has an average salary of $66,837, which is higher than the $65,296 average annual salary of a junior is analyst.
The top three skills for a summer analyst include strong analytical, financial statements and capital markets. The most important skills for a junior is analyst are powerpoint, data analysis, and portfolio.
| Summer Analyst | Junior IS Analyst | |
| Yearly salary | $66,837 | $65,296 |
| Hourly rate | $32.13 | $31.39 |
| Growth rate | 9% | 11% |
| Number of jobs | 44,912 | 92,477 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 75% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
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.
A junior IS analyst takes responsibility in making sure that databases are constructed appropriately and with access limits. IS analysts improve trading strategy with intermediaries through compensation information analysis. They handle financial claims payment as well as provider directory processes. Also, they develop dictionaries and provide technical support. They even perform due diligence for investment opportunities. The skills they need to have include management, information technology, and financial management.
Summer analysts and junior is analysts have different pay scales, as shown below.
| Summer Analyst | Junior IS Analyst | |
| Average salary | $66,837 | $65,296 |
| Salary range | Between $43,000 And $102,000 | Between $45,000 And $93,000 |
| Highest paying City | - | Jersey City, NJ |
| Highest paying state | - | New Hampshire |
| Best paying company | - | The Citadel |
| Best paying industry | - | Finance |
There are a few differences between a summer analyst and a junior is analyst in terms of educational background:
| Summer Analyst | Junior IS Analyst | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 75% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between summer analysts' and junior is analysts' demographics:
| Summer Analyst | Junior IS Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 72.5% Female, 27.5% | Male, 60.3% Female, 39.7% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |