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The differences between associate product managers and business analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an associate product manager, becoming a business analyst takes usually requires 2-4 years. Additionally, an associate product manager has an average salary of $89,963, which is higher than the $74,431 average annual salary of a business analyst.
The top three skills for an associate product manager include product management, project management and user stories. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Associate Product Manager | Business Analyst | |
| Yearly salary | $89,963 | $74,431 |
| Hourly rate | $43.25 | $35.78 |
| Growth rate | 10% | 9% |
| Number of jobs | 107,763 | 170,514 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 71% |
| Average age | 39 | 44 |
| Years of experience | 10 | 4 |
An associate product manager is someone who assists the product development teams in the development of new product features. The duties of an associate include formulation of product strategies, collection of quantitative product data, and interpretation of consumer feedback. The requirements to qualify for the position include a bachelor's degree in computer science, marketing, business management, or a related field, the ability to maintain strong customer relations, and excellent communication skills.
Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.
Associate product managers and business analysts have different pay scales, as shown below.
| Associate Product Manager | Business Analyst | |
| Average salary | $89,963 | $74,431 |
| Salary range | Between $65,000 And $122,000 | Between $53,000 And $103,000 |
| Highest paying City | San Francisco, CA | Mountain View, CA |
| Highest paying state | California | Washington |
| Best paying company | Meta | The Citadel |
| Best paying industry | Start-up | Finance |
There are a few differences between an associate product manager and a business analyst in terms of educational background:
| Associate Product Manager | Business Analyst | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Stanford University |
Here are the differences between associate product managers' and business analysts' demographics:
| Associate Product Manager | Business Analyst | |
| Average age | 39 | 44 |
| Gender ratio | Male, 45.0% Female, 55.0% | Male, 53.9% Female, 46.1% |
| 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, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 11% |