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The differences between business analyst-consultants and contractor-business analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a business analyst-consultant, becoming a contractor-business analyst takes usually requires 4-6 years. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $87,402 average annual salary of a contractor-business analyst.
The top three skills for a business analyst-consultant include strong analytical, business process and data analysis. The most important skills for a contractor-business analyst are business process, project management, and data analysis.
| Business Analyst-Consultant | Contractor-Business Analyst | |
| Yearly salary | $90,127 | $87,402 |
| Hourly rate | $43.33 | $42.02 |
| Growth rate | 11% | 9% |
| Number of jobs | 166,560 | 147,698 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Average age | 44 | 43 |
| Years of experience | 4 | 6 |
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.
A contractor-business analyst is responsible for analyzing business processes and strategizing on efficient project management techniques to enhance productivity goals and achieve maximum performance. Contractor-business analysts conduct data and statistical analysis to determine areas of improvement and identify business opportunities that would generate more revenue resources and increase profits. They also review client accounts, measure sales performance, and design solutions by utilizing various software applications and system tools. A contractor-business analyst advises the management of necessary training for the staff to enhance services and close more business partnerships.
Business analyst-consultants and contractor-business analysts have different pay scales, as shown below.
| Business Analyst-Consultant | Contractor-Business Analyst | |
| Average salary | $90,127 | $87,402 |
| Salary range | Between $66,000 And $122,000 | Between $62,000 And $122,000 |
| Highest paying City | Washington, DC | - |
| Highest paying state | California | - |
| Best paying company | BNY Mellon | - |
| Best paying industry | Finance | - |
There are a few differences between a business analyst-consultant and a contractor-business analyst in terms of educational background:
| Business Analyst-Consultant | Contractor-Business Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between business analyst-consultants' and contractor-business analysts' demographics:
| Business Analyst-Consultant | Contractor-Business Analyst | |
| Average age | 44 | 43 |
| Gender ratio | Male, 53.1% Female, 46.9% | Male, 50.4% Female, 49.6% |
| Race ratio | 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% | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 8% |