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The differences between business analysts and business analyst/project managers 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/project manager. Additionally, a business analyst/project manager has an average salary of $99,882, 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/project manager are project management, business stakeholders, and business process.
| Business Analyst | Business Analyst/Project Manager | |
| Yearly salary | $74,431 | $99,882 |
| Hourly rate | $35.78 | $48.02 |
| Growth rate | 9% | 11% |
| Number of jobs | 170,514 | 173,827 |
| 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/project manager is responsible for developing project management procedures, analyzing processes, and ensuring the accuracy and efficiency of project deliverables, following clients' specifications and requirements to meet their highest satisfaction. Business analysts/project managers manage project resources, delegate tasks to project staff, setting deadlines, and coordinating with the clients for regular updates and suggest strategic adjustments as needed. They also mitigate potential risks and manage changes during the project execution, maintaining the quality of the outputs, and balancing costs to meet the clients' budget goals.
Business analysts and business analyst/project managers have different pay scales, as shown below.
| Business Analyst | Business Analyst/Project Manager | |
| Average salary | $74,431 | $99,882 |
| Salary range | Between $53,000 And $103,000 | Between $72,000 And $137,000 |
| Highest paying City | Mountain View, CA | New York, NY |
| Highest paying state | Washington | New York |
| Best paying company | The Citadel | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a business analyst and a business analyst/project manager in terms of educational background:
| Business Analyst | Business Analyst/Project Manager | |
| 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/project managers' demographics:
| Business Analyst | Business Analyst/Project Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.9% Female, 46.1% | Male, 55.8% Female, 44.2% |
| 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% |