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The differences between business analysis managers and business & finance analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business analysis manager and a business & finance analyst. Additionally, a business analysis manager has an average salary of $112,261, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a business analysis manager include business analysis, analytics and project management. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Business Analysis Manager | Business & Finance Analyst | |
| Yearly salary | $112,261 | $70,514 |
| Hourly rate | $53.97 | $33.90 |
| Growth rate | 11% | 9% |
| Number of jobs | 159,923 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
A business analyst manager specializes in performing research and analysis to devise strategies for optimal business operations and services, ensuring efficiency and increased productivity. Their responsibilities typically revolve around coordinating different departments to develop functional services, setting goals and budgets, managing schedules, and establishing new projects to improve the organization's workflow and workforce performance. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Business analysis managers and business & finance analysts have different pay scales, as shown below.
| Business Analysis Manager | Business & Finance Analyst | |
| Average salary | $112,261 | $70,514 |
| Salary range | Between $84,000 And $148,000 | Between $50,000 And $99,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Integrated DNA Technologies | |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a business analysis manager and a business & finance analyst in terms of educational background:
| Business Analysis Manager | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between business analysis managers' and business & finance analysts' demographics:
| Business Analysis Manager | Business & Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 64.9% Female, 35.1% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 7% |