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The differences between business analyst interns and business 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 internship and a business analyst. Additionally, a business analyst has an average salary of $74,431, which is higher than the $45,560 average annual salary of a business analyst internship.
The top three skills for a business analyst internship include business analysts, user stories and project management. The most important skills for a business analyst are project management, data analysis, and business analysis.
Business Analyst Internship | Business Analyst | |
Yearly Salary | $45,560 | $74,431 |
Hourly rate | $21.90 | $35.78 |
Growth Rate | 11% | 9% |
Number Of Jobs | 157,977 | 170,514 |
Job Satisfaction | - | 4 |
Most Common Degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
Average Age | 44 | 44 |
Years Of Experience | 4 | 4 |
A Business Analyst Intern provides support to the business analysis team in preparing business plans and strategies. They make suggestions for improvements, write reports, perform research, and analyze data.
Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.
Business analyst interns and business analysts have different pay scales, as shown below.
Business Analyst Internship | Business Analyst | |
Average Salary | $45,560 | $74,431 |
Salary Range | Between $34,000 And $60,000 | Between $53,000 And $103,000 |
Highest Paying City | Seattle, WA | Mountain View, CA |
Highest Paying State | Alaska | Washington |
Best Paying Company | McKinsey & Company Inc | The Citadel |
Best Paying Industry | Professional | Finance |
There are a few differences between a business analyst internship and a business analyst in terms of educational background:
Business Analyst Internship | Business Analyst | |
Most Common Degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
Most Common Major | Business | Business |
Most Common College | Northwestern University | Stanford University |
Here are the differences between business analyst interns' and business analysts' demographics:
Business Analyst Internship | Business Analyst | |
Average Age | 44 | 44 |
Gender Ratio | Male, 64.3% Female, 35.7% | Male, 53.9% Female, 46.1% |
Race Ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% | Black or African American, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
LGBT Percentage | 12% | 11% |