The set is satisfiable if there is one -structure satisfying every first-order sentence in simultaneously. It is finitely satisfiable if each finite subset has a first-order model; that first-order model is allowed to depend on the chosen finite subset.
Thus the two statements have different quantifier orders:
Satisfiability immediately implies finite satisfiability by using the same first-order structure for every finite subset. The converse is the substantive content of compactness theorem.