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The differences between trade analysts and summer 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 summer analyst. Additionally, a trade analyst has an average salary of $78,714, which is higher than the $66,837 average annual salary of a summer analyst.
The top three skills for a trade analyst include portfolio, securities and process improvement. The most important skills for a summer analyst are strong analytical, financial statements, and capital markets.
| Trade Analyst | Summer Analyst | |
| Yearly salary | $78,714 | $66,837 |
| Hourly rate | $37.84 | $32.13 |
| Growth rate | 9% | 9% |
| Number of jobs | 69,963 | 44,912 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 80% |
| 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.
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.
Trade analysts and summer analysts have different pay scales, as shown below.
| Trade Analyst | Summer Analyst | |
| Average salary | $78,714 | $66,837 |
| Salary range | Between $50,000 And $121,000 | Between $43,000 And $102,000 |
| Highest paying City | Boston, MA | - |
| Highest paying state | Massachusetts | - |
| Best paying company | Crowell & Moring | - |
| Best paying industry | Finance | - |
There are a few differences between a trade analyst and a summer analyst in terms of educational background:
| Trade Analyst | Summer Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 80% |
| Most common major | Business | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between trade analysts' and summer analysts' demographics:
| Trade Analyst | Summer Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 72.5% Female, 27.5% |
| 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% |