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The differences between business analyst-product owners and analyst leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business analyst-product owner and an analyst lead. Additionally, a business analyst-product owner has an average salary of $100,087, which is higher than the $95,264 average annual salary of an analyst lead.
The top three skills for a business analyst-product owner include user stories, acceptance criteria and jira. The most important skills for an analyst lead are analytics, data analysis, and project management.
| Business Analyst-Product Owner | Analyst Lead | |
| Yearly salary | $100,087 | $95,264 |
| Hourly rate | $48.12 | $45.80 |
| Growth rate | 9% | 9% |
| Number of jobs | 175,034 | 122,353 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A business analyst-product owner is responsible for monitoring the product management procedures, ensuring that the services accurately reach the target audience on a wide range of platforms. Business analysts-product owners utilize their business expertise, discussing the product's conceptualization to final deliverables. They conduct multiple quality control processes, comply with internal guidelines and state regulations, and adhere to the budget limitations and deadlines. A business analyst-product owner coordinates with the clients and stakeholders to discuss product plans and their impact on the financial stability of the organization.
The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials. Through the results, an analyst lead can provide advice, devise strategies for business optimization, spearhead the development of processes, identify strengths and weaknesses, and offer recommendations on areas in need of improvement. All of this is done while in adherence to the company's vision and mission.
Business analyst-product owners and analyst leads have different pay scales, as shown below.
| Business Analyst-Product Owner | Analyst Lead | |
| Average salary | $100,087 | $95,264 |
| Salary range | Between $73,000 And $136,000 | Between $74,000 And $122,000 |
| Highest paying City | Redwood City, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | JPMorgan Chase & Co. | |
| Best paying industry | Professional | Finance |
There are a few differences between a business analyst-product owner and an analyst lead in terms of educational background:
| Business Analyst-Product Owner | Analyst Lead | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between business analyst-product owners' and analyst leads' demographics:
| Business Analyst-Product Owner | Analyst Lead | |
| Average age | 43 | 43 |
| Gender ratio | Male, 61.1% Female, 38.9% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 9.5% Unknown, 5.0% Hispanic or Latino, 10.7% Asian, 20.5% White, 54.2% 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, 58.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |