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The differences between analytical managers and product managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both an analytical manager and a product manager. Additionally, an analytical manager has an average salary of $119,134, which is higher than the $111,729 average annual salary of a product manager.
The top three skills for an analytical manager include tableau, python and visualization. The most important skills for a product manager are product management, QA, and product strategy.
| Analytical Manager | Product Manager | |
| Yearly salary | $119,134 | $111,729 |
| Hourly rate | $57.28 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 49,773 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
An analytical manager is an individual who is responsible for providing data or statistical analysis to understand the business objectives of a company. Analytical managers must be technical experts to guide the company regarding Google Analytics, media traffic, and conversion tracking. They produce operational and hazard risk key performance indicators that will provide transparency of the business operations and track the progress of new business initiatives. Analytical managers must also develop financial models for innovative new services.
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Analytical managers and product managers have different pay scales, as shown below.
| Analytical Manager | Product Manager | |
| Average salary | $119,134 | $111,729 |
| Salary range | Between $89,000 And $158,000 | Between $81,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | The Citadel | Meta |
| Best paying industry | Professional | Retail |
There are a few differences between an analytical manager and a product manager in terms of educational background:
| Analytical Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between analytical managers' and product managers' demographics:
| Analytical Manager | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 66.6% Female, 33.4% | Male, 65.3% Female, 34.7% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |