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The differences between business analyst associates and business development associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business analyst associate has an average salary of $68,806, which is higher than the $65,126 average annual salary of a business development associate.
The top three skills for a business analyst associate include healthcare, project management and business processes. The most important skills for a business development associate are customer service, powerpoint, and project management.
| Business Analyst Associate | Business Development Associate | |
| Yearly salary | $68,806 | $65,126 |
| Hourly rate | $33.08 | $31.31 |
| Growth rate | 11% | 10% |
| Number of jobs | 129,806 | 141,089 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 78% |
| Average age | 44 | 44 |
| Years of experience | 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 development associate's role is to develop strategies to boost a company's sales and overall growth. They are primarily responsible for conducting research and analysis to identify clients' needs, participate in creating business plans and products, and produce progress reports and presentations. A business development associate must also maintain a database of customer information, arrange meetings between clients, coordinate with marketing staff, and assist in negotiations. Furthermore, it is essential to adhere to the policies and standards of the company.
Business analyst associates and business development associates have different pay scales, as shown below.
| Business Analyst Associate | Business Development Associate | |
| Average salary | $68,806 | $65,126 |
| Salary range | Between $53,000 And $89,000 | Between $39,000 And $106,000 |
| Highest paying City | Jersey City, NJ | Greenwich, CT |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Edelman Financial Engines | Kirkland & Ellis |
| Best paying industry | Finance | Automotive |
There are a few differences between a business analyst associate and a business development associate in terms of educational background:
| Business Analyst Associate | Business Development Associate | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Southern California |
Here are the differences between business analyst associates' and business development associates' demographics:
| Business Analyst Associate | Business Development Associate | |
| Average age | 44 | 44 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 54.5% Female, 45.5% |
| 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 12% | 11% |