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The differences between business analysis managers and lead business 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 lead business analyst. Additionally, a business analysis manager has an average salary of $112,261, which is higher than the $107,171 average annual salary of a lead business analyst.
The top three skills for a business analysis manager include business analysis, analytics and project management. The most important skills for a lead business analyst are project management, scrum, and business analysis.
| Business Analysis Manager | Lead Business Analyst | |
| Yearly salary | $112,261 | $107,171 |
| Hourly rate | $53.97 | $51.52 |
| Growth rate | 11% | 11% |
| Number of jobs | 159,923 | 126,509 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| 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 lead business analyst utilizes data and analytical skills to plan, develop, and implement business systems and operations to help a company attain its short and long-term goals. Their duties focus on conducting market research and assessments, gathering and analyzing data, studying consumers and competitors in the industry, and identifying the strengths and weaknesses in existing systems. They also conduct risk assessments, create business models and forecasts, and identify solutions against potential or existing issues. Additionally, through their research findings, they develop recommendations in adherence to company standards and regulations.
Business analysis managers and lead business analysts have different pay scales, as shown below.
| Business Analysis Manager | Lead Business Analyst | |
| Average salary | $112,261 | $107,171 |
| Salary range | Between $84,000 And $148,000 | Between $82,000 And $139,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Integrated DNA Technologies | Citi |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a business analysis manager and a lead business analyst in terms of educational background:
| Business Analysis Manager | Lead Business Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business analysis managers' and lead business analysts' demographics:
| Business Analysis Manager | Lead Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.9% Female, 35.1% | Male, 55.3% Female, 44.7% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |