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The differences between business analyst-product owners and business analyst/project managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business analyst-product owner, becoming a business analyst/project manager takes usually requires 2-4 years. Additionally, a business analyst-product owner has an average salary of $100,087, which is higher than the $99,882 average annual salary of a business analyst/project manager.
The top three skills for a business analyst-product owner include user stories, acceptance criteria and jira. The most important skills for a business analyst/project manager are project management, business stakeholders, and business process.
| Business Analyst-Product Owner | Business Analyst/Project Manager | |
| Yearly salary | $100,087 | $99,882 |
| Hourly rate | $48.12 | $48.02 |
| Growth rate | 9% | 11% |
| Number of jobs | 175,034 | 173,827 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 69% |
| Average age | 43 | 44 |
| Years of experience | 6 | 4 |
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.
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 analyst-product owners and business analyst/project managers have different pay scales, as shown below.
| Business Analyst-Product Owner | Business Analyst/Project Manager | |
| Average salary | $100,087 | $99,882 |
| Salary range | Between $73,000 And $136,000 | Between $72,000 And $137,000 |
| Highest paying City | Redwood City, CA | New York, NY |
| Highest paying state | Oregon | New York |
| Best paying company | JPMorgan Chase & Co. | Citi |
| Best paying industry | Professional | Finance |
There are a few differences between a business analyst-product owner and a business analyst/project manager in terms of educational background:
| Business Analyst-Product Owner | Business Analyst/Project Manager | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between business analyst-product owners' and business analyst/project managers' demographics:
| Business Analyst-Product Owner | Business Analyst/Project Manager | |
| Average age | 43 | 44 |
| Gender ratio | Male, 61.1% Female, 38.9% | Male, 55.8% Female, 44.2% |
| 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, 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 | 8% | 12% |