Financial Analyst Vs Business Analyst

The biggest distinction between a financial analyst and a business analyst is that a financial analyst deals more with investments while a business analyst deals more with operations and management.

Financial analyst vs business analyst. Business analyst salaries and job outlook according to payscale the average business analyst salary was 59 468 as of july 2019. The business analyst and financial analysts have a lot in common. Business analysts concentrate on all aspects of running a business whereas financial analysts focus on business finances.

A key difference between a business analyst and a financial analyst is a business analyst s holistic focus on the product life cycle. Here you can learn more about both the analytical professions and understand how they contribute to a business. Both analyze data to help the business run however business analysts focus on all aspects of running a business while financial analysts concentrate on a business finances.

Budget analysts and financial analysts are financial professionals who most often work in the business offices of different industries. A business analyst not only deals with investment related data but also involves the day to day operations of the business such as strategy business models processes and workflows and even technical systems. But the major differences is that a financial analyst only works in the field related to finance whereas the business analyst can work in various domain wherever business insights are required irrespective of the field or industry.

These careers involve working with numbers spreadsheets tables and projections and professionals in both aspire to create accurate analyses of a business industry or investment. While on the other hand a business analyst is a broader domain. If you are a student or young professional who is great with numbers analytical and an expert problem solver consider a career as either a.