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The differences between business continuity managers and risk assessment analysts 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 continuity manager and a risk assessment analyst. Additionally, a business continuity manager has an average salary of $81,325, which is higher than the $72,270 average annual salary of a risk assessment analyst.
The top three skills for a business continuity manager include crisis management, business continuity and business impact analysis. The most important skills for a risk assessment analyst are risk assessments, NIST, and security risk assessment.
| Business Continuity Manager | Risk Assessment Analyst | |
| Yearly salary | $81,325 | $72,270 |
| Hourly rate | $39.10 | $34.75 |
| Growth rate | - | 9% |
| Number of jobs | 71,473 | 27,687 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 63% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
Business continuity managers are management professionals who create crisis management plans to keep an organization functioning after experiencing disruptive events. These managers are required to design and implement business continuity plans for all business offices to ensure that they always remain in a state of readiness. They must enhance integrated risk management principles while coordinating all activities for disaster recovery and business continuity exercises worldwide. Business continuity managers must also partner with other businesses to develop business recovery strategies.
A risk assessment analyst conducts extensive assessments to identify potential operational risks and recommend strategies to prevent them, thereby avoiding financial losses and optimizing an organization's workflow. Although the extent of their responsibilities depends on their place or industry of employment, it usually includes coordinating with different departments to gather and analyze data, suggesting budgets and guidelines, identifying the strengths and weaknesses of current operations, and implementing solutions against problem areas, all while adhering to the company's policies and regulations.
Business continuity managers and risk assessment analysts have different pay scales, as shown below.
| Business Continuity Manager | Risk Assessment Analyst | |
| Average salary | $81,325 | $72,270 |
| Salary range | Between $55,000 And $118,000 | Between $52,000 And $99,000 |
| Highest paying City | Albany, NY | Jersey City, NJ |
| Highest paying state | New York | Maine |
| Best paying company | Meta | Meta |
| Best paying industry | Education | Technology |
There are a few differences between a business continuity manager and a risk assessment analyst in terms of educational background:
| Business Continuity Manager | Risk Assessment Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between business continuity managers' and risk assessment analysts' demographics:
| Business Continuity Manager | Risk Assessment Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 72.5% Female, 27.5% | Male, 49.6% Female, 50.4% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |