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The differences between advance business analysts and contractor-business analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an advance business analyst, becoming a contractor-business analyst takes usually requires 4-6 years. Additionally, a contractor-business analyst has an average salary of $87,402, which is higher than the $87,245 average annual salary of an advance business analyst.
The top three skills for an advance business analyst include SAS, data analysis and business analysis. The most important skills for a contractor-business analyst are business process, project management, and data analysis.
| Advance Business Analyst | Contractor-Business Analyst | |
| Yearly salary | $87,245 | $87,402 |
| Hourly rate | $41.94 | $42.02 |
| Growth rate | 11% | 9% |
| Number of jobs | 119,918 | 147,698 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 44 | 43 |
| Years of experience | 4 | 6 |
An advanced business analyst provides ideas for entrepreneurs. They offer expert advice on the feasibility of potential businesses in a given location. An analyst evaluates current business models, points out areas that need improvement, and determines a business plan's strengths and weaknesses. A business analyst works closely with entrepreneurs, providing necessary information to allow informed business decisions.
A contractor-business analyst is responsible for analyzing business processes and strategizing on efficient project management techniques to enhance productivity goals and achieve maximum performance. Contractor-business analysts conduct data and statistical analysis to determine areas of improvement and identify business opportunities that would generate more revenue resources and increase profits. They also review client accounts, measure sales performance, and design solutions by utilizing various software applications and system tools. A contractor-business analyst advises the management of necessary training for the staff to enhance services and close more business partnerships.
Advance business analysts and contractor-business analysts have different pay scales, as shown below.
| Advance Business Analyst | Contractor-Business Analyst | |
| Average salary | $87,245 | $87,402 |
| Salary range | Between $69,000 And $110,000 | Between $62,000 And $122,000 |
| Highest paying City | Redmond, WA | - |
| Highest paying state | New Jersey | - |
| Best paying company | Marathon Petroleum | - |
| Best paying industry | Energy | - |
There are a few differences between an advance business analyst and a contractor-business analyst in terms of educational background:
| Advance Business Analyst | Contractor-Business Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between advance business analysts' and contractor-business analysts' demographics:
| Advance Business Analyst | Contractor-Business Analyst | |
| Average age | 44 | 43 |
| Gender ratio | Male, 51.5% Female, 48.5% | Male, 50.4% Female, 49.6% |
| Race ratio | Black or African American, 7.9% Unknown, 4.5% Hispanic or Latino, 8.8% Asian, 13.6% White, 65.0% American Indian and Alaska Native, 0.2% | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 8% |