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The differences between business developers and business analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business developer has an average salary of $101,635, which is higher than the $74,431 average annual salary of a business analyst.
The top three skills for a business developer include healthcare, CRM and customer service. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Business Developer | Business Analyst | |
| Yearly salary | $101,635 | $74,431 |
| Hourly rate | $48.86 | $35.78 |
| Growth rate | 10% | 9% |
| Number of jobs | 193,469 | 170,514 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.
Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.
Business developers and business analysts have different pay scales, as shown below.
| Business Developer | Business Analyst | |
| Average salary | $101,635 | $74,431 |
| Salary range | Between $66,000 And $156,000 | Between $53,000 And $103,000 |
| Highest paying City | San Francisco, CA | Mountain View, CA |
| Highest paying state | California | Washington |
| Best paying company | Apple | The Citadel |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a business developer and a business analyst in terms of educational background:
| Business Developer | Business Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Stanford University |
Here are the differences between business developers' and business analysts' demographics:
| Business Developer | Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 53.9% Female, 46.1% |
| 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, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |