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The differences between business & data analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business & data analyst and an analyst. Additionally, a business & data analyst has an average salary of $75,461, which is higher than the $73,007 average annual salary of an analyst.
The top three skills for a business & data analyst include data analysis, power bi and visualization. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Business & Data Analyst | Analyst | |
| Yearly salary | $75,461 | $73,007 |
| Hourly rate | $36.28 | $35.10 |
| Growth rate | 11% | 11% |
| Number of jobs | 188,716 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Business & data analysts and analysts have different pay scales, as shown below.
| Business & Data Analyst | Analyst | |
| Average salary | $75,461 | $73,007 |
| Salary range | Between $55,000 And $101,000 | Between $53,000 And $99,000 |
| Highest paying City | Jersey City, NJ | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Meta | The Citadel |
| Best paying industry | Finance | Technology |
There are a few differences between a business & data analyst and an analyst in terms of educational background:
| Business & Data Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business & data analysts' and analysts' demographics:
| Business & Data Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.9% Female, 45.1% | Male, 52.4% Female, 47.6% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |