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The differences between business analyst associates and associate 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 analyst associate and an associate analyst. Additionally, a business analyst associate has an average salary of $68,806, which is higher than the $68,161 average annual salary of an associate analyst.
The top three skills for a business analyst associate include healthcare, project management and business processes. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.
| Business Analyst Associate | Associate Analyst | |
| Yearly salary | $68,806 | $68,161 |
| Hourly rate | $33.08 | $32.77 |
| Growth rate | 11% | 9% |
| Number of jobs | 129,806 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
A business analyst associate job supports collaborating with financial reporting and developing strategies and initiatives that optimize costs and improve internal and external reporting. They work closely with business analysts to help make improvements in streamlining reports and review the process requirements by constantly communicating with the clients or end-users. The role should also call for a solid understanding of regulatory and requirements in reporting as well as experience in forecasting, budgeting, and financial analysis shared with a comprehensive understanding of key performance indicators.
An associate analyst is an individual who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.
Business analyst associates and associate analysts have different pay scales, as shown below.
| Business Analyst Associate | Associate Analyst | |
| Average salary | $68,806 | $68,161 |
| Salary range | Between $53,000 And $89,000 | Between $47,000 And $98,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | Edelman Financial Engines | Apollo Global Management |
| Best paying industry | Finance | Finance |
There are a few differences between a business analyst associate and an associate analyst in terms of educational background:
| Business Analyst Associate | Associate Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between business analyst associates' and associate analysts' demographics:
| Business Analyst Associate | Associate Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 52.3% Female, 47.7% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.3% 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% |