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The differences between business analyst-product owners and senior business 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 senior business 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 $96,844 average annual salary of a senior business analyst.
The top three skills for a business analyst-product owner include user stories, acceptance criteria and jira. The most important skills for a senior business analyst are project management, business analysis, and data analysis.
| Business Analyst-Product Owner | Senior Business Analyst | |
| Yearly salary | $100,087 | $96,844 |
| Hourly rate | $48.12 | $46.56 |
| Growth rate | 9% | 9% |
| Number of jobs | 175,034 | 129,426 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 68% |
| 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 Senior Business Analyst's responsibilities may vary upon the organization or company. However, most of the time, the duties will focus on overseeing a company's business operation to analyze risks and come up with strategies that would boost financial gains and company efficiency. A Senior Business Analyst will work closely with various teams while monitoring and evaluating their performance and progress, coordinate with departments, lead fellow skilled professionals, gather and analyze data, and identify opportunities. All while prioritizing customer satisfaction and adhering to the company policies and standards.
Business analyst-product owners and senior business analysts have different pay scales, as shown below.
| Business Analyst-Product Owner | Senior Business Analyst | |
| Average salary | $100,087 | $96,844 |
| Salary range | Between $73,000 And $136,000 | Between $72,000 And $129,000 |
| Highest paying City | Redwood City, CA | San Mateo, CA |
| Highest paying state | Oregon | California |
| 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 senior business analyst in terms of educational background:
| Business Analyst-Product Owner | Senior Business Analyst | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between business analyst-product owners' and senior business analysts' demographics:
| Business Analyst-Product Owner | Senior Business Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 61.1% Female, 38.9% | Male, 56.0% Female, 44.0% |
| 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% |