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The differences between business analyst-product owners and project managers/analyst 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 a project manager/analyst. Additionally, a project manager/analyst has an average salary of $100,168, which is higher than the $100,087 average annual salary of a business analyst-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 project manager/analyst are project management, sharepoint, and business analysis.
| Business Analyst-Product Owner | Project Manager/Analyst | |
| Yearly salary | $100,087 | $100,168 |
| Hourly rate | $48.12 | $48.16 |
| Growth rate | 9% | 11% |
| Number of jobs | 175,034 | 179,991 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 72% |
| Average age | 43 | 44 |
| 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 primary job of project managers/analysts is to manage and develop new projects. They have varied duties and responsibilities, which include giving analytical support for projects, assisting in budget and financial analysis, and analyzing market trends, statistical data, and regulations relevant to the projects. Additionally, project managers/analysts are also expected to draft financial reports, work statements, and cost estimates and work to ensure customer satisfaction and retention. These professionals are also responsible for project scheduling, tracking fund receipts, and monitoring documentation.
Business analyst-product owners and project managers/analyst have different pay scales, as shown below.
| Business Analyst-Product Owner | Project Manager/Analyst | |
| Average salary | $100,087 | $100,168 |
| Salary range | Between $73,000 And $136,000 | Between $72,000 And $138,000 |
| Highest paying City | Redwood City, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| 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 project manager/analyst in terms of educational background:
| Business Analyst-Product Owner | Project Manager/Analyst | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between business analyst-product owners' and project managers/analyst' demographics:
| Business Analyst-Product Owner | Project Manager/Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 61.1% Female, 38.9% | Male, 59.4% Female, 40.6% |
| 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, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 11% |