Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business analyst associates and product 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 a product analyst. Additionally, a product analyst has an average salary of $79,316, 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 product analyst are tableau, data analysis, and product management.
| Business Analyst Associate | Product Analyst | |
| Yearly salary | $68,806 | $79,316 |
| Hourly rate | $33.08 | $38.13 |
| Growth rate | 11% | 11% |
| Number of jobs | 129,806 | 176,369 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| 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 product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Business analyst associates and product analysts have different pay scales, as shown below.
| Business Analyst Associate | Product Analyst | |
| Average salary | $68,806 | $79,316 |
| Salary range | Between $53,000 And $89,000 | Between $56,000 And $111,000 |
| Highest paying City | Jersey City, NJ | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Edelman Financial Engines | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a business analyst associate and a product analyst in terms of educational background:
| Business Analyst Associate | Product Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between business analyst associates' and product analysts' demographics:
| Business Analyst Associate | Product Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 53.2% Female, 46.8% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |