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The differences between business analyst-product owners and business & data analysts 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 & data analyst takes usually requires 2-4 years. Additionally, a business analyst-product owner has an average salary of $100,087, which is higher than the $75,461 average annual salary of a business & data analyst.
The top three skills for a business analyst-product owner include user stories, acceptance criteria and jira. The most important skills for a business & data analyst are data analysis, power bi, and visualization.
| Business Analyst-Product Owner | Business & Data Analyst | |
| Yearly salary | $100,087 | $75,461 |
| Hourly rate | $48.12 | $36.28 |
| Growth rate | 9% | 11% |
| Number of jobs | 175,034 | 188,716 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| 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 and data analyst is an individual who specializes in utilizing different data-centered strategies in providing analytical services to a company or an organization. Their duties focus on conducting extensive market research and assessments, organizing studies using various techniques and approaches, gathering and analyzing data, performing risk assessments, and spearheading activities such as interviews and surveys. They use their research findings to create plans, establish business forecasts and models, and recommend solutions to optimize business operations.
Business analyst-product owners and business & data analysts have different pay scales, as shown below.
| Business Analyst-Product Owner | Business & Data Analyst | |
| Average salary | $100,087 | $75,461 |
| Salary range | Between $73,000 And $136,000 | Between $55,000 And $101,000 |
| Highest paying City | Redwood City, CA | Jersey City, NJ |
| Highest paying state | Oregon | New Jersey |
| Best paying company | JPMorgan Chase & Co. | Meta |
| Best paying industry | Professional | Finance |
There are a few differences between a business analyst-product owner and a business & data analyst in terms of educational background:
| Business Analyst-Product Owner | Business & Data Analyst | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between business analyst-product owners' and business & data analysts' demographics:
| Business Analyst-Product Owner | Business & Data Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 61.1% Female, 38.9% | Male, 54.9% Female, 45.1% |
| 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, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 12% |