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The differences between supply chain analysts and finance analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a supply chain analyst, becoming a finance analyst takes usually requires 2-4 years. Additionally, a finance analyst has an average salary of $69,887, which is higher than the $67,450 average annual salary of a supply chain analyst.
The top three skills for a supply chain analyst include supply chain, logistics and customer service. The most important skills for a finance analyst are financial analysis, financial models, and financial data.
| Supply Chain Analyst | Finance Analyst | |
| Yearly salary | $67,450 | $69,887 |
| Hourly rate | $32.43 | $33.60 |
| Growth rate | 28% | 9% |
| Number of jobs | 37,979 | 138,600 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 76% |
| Average age | 41 | 40 |
| Years of experience | 6 | 4 |
A supply chain analyst is responsible for handling the supply chain operations of an organization, aligning processes, and identifying areas of improvement to initiate procedures and create smooth supply delivery transactions. Supply chain analysts monitor the adequacy of stock inventory, including the trends in the market industry, to meet the public demands and ensuring that the business provides those interests. They also evaluate the supply cycle, from the planning stages to the final distribution, and analyzing aspects to minimize complexities and cost-reduction without compromising the quality of services.
A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.
Supply chain analysts and finance analysts have different pay scales, as shown below.
| Supply Chain Analyst | Finance Analyst | |
| Average salary | $67,450 | $69,887 |
| Salary range | Between $50,000 And $90,000 | Between $46,000 And $104,000 |
| Highest paying City | Arlington, VA | San Francisco, CA |
| Highest paying state | Virginia | Connecticut |
| Best paying company | Meta | The Citadel |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a supply chain analyst and a finance analyst in terms of educational background:
| Supply Chain Analyst | Finance Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between supply chain analysts' and finance analysts' demographics:
| Supply Chain Analyst | Finance Analyst | |
| Average age | 41 | 40 |
| Gender ratio | Male, 59.3% Female, 40.7% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 10.3% Unknown, 5.7% Hispanic or Latino, 19.8% Asian, 11.4% White, 52.5% American Indian and Alaska Native, 0.3% | 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 | 9% | 7% |