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The differences between business analysts 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 and a business analyst-consultant. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $74,431 average annual salary of a business analyst.
The top three skills for a business analyst include project management, data analysis and business analysis. The most important skills for a business analyst-consultant are strong analytical, business process, and data analysis.
| Business Analyst | Business Analyst-Consultant | |
| Yearly salary | $74,431 | $90,127 |
| Hourly rate | $35.78 | $43.33 |
| Growth rate | 9% | 11% |
| Number of jobs | 170,514 | 166,560 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
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 analysts and business analyst-consultants have different pay scales, as shown below.
| Business Analyst | Business Analyst-Consultant | |
| Average salary | $74,431 | $90,127 |
| Salary range | Between $53,000 And $103,000 | Between $66,000 And $122,000 |
| Highest paying City | Mountain View, CA | Washington, DC |
| Highest paying state | Washington | California |
| Best paying company | The Citadel | BNY Mellon |
| Best paying industry | Finance | Finance |
There are a few differences between a business analyst and a business analyst-consultant in terms of educational background:
| Business Analyst | Business Analyst-Consultant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between business analysts' and business analyst-consultants' demographics:
| Business Analyst | Business Analyst-Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.9% Female, 46.1% | Male, 53.1% Female, 46.9% |
| Race ratio | 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% | 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 | 11% | 12% |