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The differences between business analyst-product owners and product owners 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 product owner takes usually requires 8-10 years. Additionally, a business analyst-product owner has an average salary of $100,087, which is higher than the $97,070 average annual salary of a product owner.
The top three skills for a business analyst-product owner include user stories, acceptance criteria and jira. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.
| Business Analyst-Product Owner | Product Owner | |
| Yearly salary | $100,087 | $97,070 |
| Hourly rate | $48.12 | $46.67 |
| Growth rate | 9% | 10% |
| Number of jobs | 175,034 | 129,990 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Average age | 43 | 39 |
| Years of experience | 6 | 10 |
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.
Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders. As the product owner, you are responsible for ensuring that the development team maintains a consistent vision and overseeing the product backlog. You are also expected to supervise the actual product development stages and anticipate the needs of clients.
Business analyst-product owners and product owners have different pay scales, as shown below.
| Business Analyst-Product Owner | Product Owner | |
| Average salary | $100,087 | $97,070 |
| Salary range | Between $73,000 And $136,000 | Between $71,000 And $130,000 |
| Highest paying City | Redwood City, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | JPMorgan Chase & Co. | ORIX USA |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a business analyst-product owner and a product owner in terms of educational background:
| Business Analyst-Product Owner | Product Owner | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Georgia |
Here are the differences between business analyst-product owners' and product owners' demographics:
| Business Analyst-Product Owner | Product Owner | |
| Average age | 43 | 39 |
| Gender ratio | Male, 61.1% Female, 38.9% | Male, 64.3% Female, 35.7% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 10% |