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The differences between advance business analysts and project analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an advance business analyst and a project analyst. Additionally, an advance business analyst has an average salary of $87,245, which is higher than the $71,174 average annual salary of a project analyst.
The top three skills for an advance business analyst include SAS, data analysis and business analysis. The most important skills for a project analyst are project management, data analysis, and customer service.
| Advance Business Analyst | Project Analyst | |
| Yearly salary | $87,245 | $71,174 |
| Hourly rate | $41.94 | $34.22 |
| Growth rate | 11% | 11% |
| Number of jobs | 119,918 | 207,513 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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 project analyst is responsible for overseeing the development of new projects upon completion of data gathering. A project analyst must provide plans and design the project to its full potential. For this, it is essential to conduct extensive research and coordinate with all staff and departments involved through regular reports and various forms of communication. Furthermore, a project analyst must devise strategies to improve particular projects for it to succeed and achieve better results, all in adherence to the company policies and regulations.
Advance business analysts and project analysts have different pay scales, as shown below.
| Advance Business Analyst | Project Analyst | |
| Average salary | $87,245 | $71,174 |
| Salary range | Between $69,000 And $110,000 | Between $52,000 And $97,000 |
| Highest paying City | Redmond, WA | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Marathon Petroleum | |
| Best paying industry | Energy | Manufacturing |
There are a few differences between an advance business analyst and a project analyst in terms of educational background:
| Advance Business Analyst | Project Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between advance business analysts' and project analysts' demographics:
| Advance Business Analyst | Project Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.5% Female, 48.5% | Male, 57.7% Female, 42.3% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.7% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |