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The differences between business & data analysts and contractor-business analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a business & data analyst, becoming a contractor-business analyst takes usually requires 4-6 years. Additionally, a contractor-business analyst has an average salary of $87,402, which is higher than the $75,461 average annual salary of a business & data analyst.
The top three skills for a business & data analyst include data analysis, power bi and visualization. The most important skills for a contractor-business analyst are business process, project management, and data analysis.
| Business & Data Analyst | Contractor-Business Analyst | |
| Yearly salary | $75,461 | $87,402 |
| Hourly rate | $36.28 | $42.02 |
| Growth rate | 11% | 9% |
| Number of jobs | 188,716 | 147,698 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 44 | 43 |
| Years of experience | 4 | 6 |
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.
A contractor-business analyst is responsible for analyzing business processes and strategizing on efficient project management techniques to enhance productivity goals and achieve maximum performance. Contractor-business analysts conduct data and statistical analysis to determine areas of improvement and identify business opportunities that would generate more revenue resources and increase profits. They also review client accounts, measure sales performance, and design solutions by utilizing various software applications and system tools. A contractor-business analyst advises the management of necessary training for the staff to enhance services and close more business partnerships.
Business & data analysts and contractor-business analysts have different pay scales, as shown below.
| Business & Data Analyst | Contractor-Business Analyst | |
| Average salary | $75,461 | $87,402 |
| Salary range | Between $55,000 And $101,000 | Between $62,000 And $122,000 |
| Highest paying City | Jersey City, NJ | - |
| Highest paying state | New Jersey | - |
| Best paying company | Meta | - |
| Best paying industry | Finance | - |
There are a few differences between a business & data analyst and a contractor-business analyst in terms of educational background:
| Business & Data Analyst | Contractor-Business Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between business & data analysts' and contractor-business analysts' demographics:
| Business & Data Analyst | Contractor-Business Analyst | |
| Average age | 44 | 43 |
| Gender ratio | Male, 54.9% Female, 45.1% | Male, 50.4% Female, 49.6% |
| 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, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 8% |