Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between trade analysts and finance 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 trade analyst and a finance analyst. Additionally, a trade analyst has an average salary of $78,714, which is higher than the $69,887 average annual salary of a finance analyst.
The top three skills for a trade analyst include portfolio, securities and process improvement. The most important skills for a finance analyst are financial analysis, financial models, and financial data.
| Trade Analyst | Finance Analyst | |
| Yearly salary | $78,714 | $69,887 |
| Hourly rate | $37.84 | $33.60 |
| Growth rate | 9% | 9% |
| Number of jobs | 69,963 | 138,600 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A trade analyst specializes in studying the stock market and its related fields. Utilizing their expertise in the market, they are responsible for determining the stocks to be bought or sold based on factors such as financial data and market status. It is also their responsibility to analyze and assess consumer and sales data within the company, coordinate with other analysts and trade managers, develop business plans and forecasts, and keep abreast of the government regulations.
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.
Trade analysts and finance analysts have different pay scales, as shown below.
| Trade Analyst | Finance Analyst | |
| Average salary | $78,714 | $69,887 |
| Salary range | Between $50,000 And $121,000 | Between $46,000 And $104,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | Connecticut |
| Best paying company | Crowell & Moring | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a trade analyst and a finance analyst in terms of educational background:
| Trade Analyst | Finance Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between trade analysts' and finance analysts' demographics:
| Trade Analyst | Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 56.2% Female, 43.8% |
| 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, 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 | 7% | 7% |