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The differences between business analyst associates and business analyst-consultants 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 a business analyst-consultant. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $68,806 average annual salary of a business analyst associate.
The top three skills for a business analyst associate include healthcare, project management and business processes. The most important skills for a business analyst-consultant are strong analytical, business process, and data analysis.
| Business Analyst Associate | Business Analyst-Consultant | |
| Yearly salary | $68,806 | $90,127 |
| Hourly rate | $33.08 | $43.33 |
| Growth rate | 11% | 11% |
| Number of jobs | 129,806 | 166,560 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| 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.
A business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals. A business analyst-consultant helps the development team on strategizing techniques for brand promotions with minimal costs with maximum quality and productivity. They should have excellent communication and organizational skills, especially on identifying business opportunities to drive revenues and increase profitability.
Business analyst associates and business analyst-consultants have different pay scales, as shown below.
| Business Analyst Associate | Business Analyst-Consultant | |
| Average salary | $68,806 | $90,127 |
| Salary range | Between $53,000 And $89,000 | Between $66,000 And $122,000 |
| Highest paying City | Jersey City, NJ | Washington, DC |
| Highest paying state | New Jersey | California |
| Best paying company | Edelman Financial Engines | BNY Mellon |
| Best paying industry | Finance | Finance |
There are a few differences between a business analyst associate and a business analyst-consultant in terms of educational background:
| Business Analyst Associate | Business Analyst-Consultant | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business analyst associates' and business analyst-consultants' demographics:
| Business Analyst Associate | Business Analyst-Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 53.1% Female, 46.9% |
| 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |