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The differences between technical analysts and 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 technical analyst, becoming an analyst takes usually requires 2-4 years. Additionally, a technical analyst has an average salary of $74,045, which is higher than the $73,007 average annual salary of an analyst.
The top three skills for a technical analyst include java, customer service and strong analytical. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Technical Analyst | Analyst | |
| Yearly salary | $74,045 | $73,007 |
| Hourly rate | $35.60 | $35.10 |
| Growth rate | 9% | 11% |
| Number of jobs | 190,370 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 43 | 44 |
| Years of experience | 6 | 4 |
A technical analyst is responsible for analyzing technical information and aligning it to the business strategies and procedures in meeting project goals. Technical analysts monitor technical system errors and provide immediate resolutions to ensure an efficient and smooth flow of operations. They comply with the business requirements and clients' specifications to facilitate the technical team with the best techniques to get the job done. A technical analyst should have excellent critical-thinking and communication skills, as well as having a broad knowledge of the technology industry and disciplines.
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.
Technical analysts and analysts have different pay scales, as shown below.
| Technical Analyst | Analyst | |
| Average salary | $74,045 | $73,007 |
| Salary range | Between $59,000 And $92,000 | Between $53,000 And $99,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | Finnegan Henderson Farabow Garrett & Dunner | The Citadel |
| Best paying industry | Retail | Technology |
There are a few differences between a technical analyst and an analyst in terms of educational background:
| Technical Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Computer Science | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between technical analysts' and analysts' demographics:
| Technical Analyst | Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 69.9% Female, 30.1% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 18.5% White, 55.1% American Indian and Alaska Native, 0.2% | 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 | 8% | 12% |