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The differences between business development analysts and business analyst-consultants 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 development analyst and a business analyst-consultant. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $59,867 average annual salary of a business development analyst.
The top three skills for a business development analyst include business development, market research and project management. The most important skills for a business analyst-consultant are strong analytical, business process, and data analysis.
| Business Development Analyst | Business Analyst-Consultant | |
| Yearly salary | $59,867 | $90,127 |
| Hourly rate | $28.78 | $43.33 |
| Growth rate | 11% | 11% |
| Number of jobs | 185,387 | 166,560 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business development analyst's role is to perform research and analysis on the different operations and procedures in a company to ensure efficiency and profit growth. They are also responsible for devising strategies and improvements for optimal performance, monitoring the sales and customer feedback, identifying opportunities from the marketing trends, and building positive relationships with customers. They must also perform clerical tasks such as producing progress reports and presentations, maintaining data, and monitoring schedules. Furthermore, as a business development analyst, it is essential to adhere to the company's policies and regulations, including its vision, mission, and goals.
A business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals. A business analyst-consultant helps the development team on strategizing techniques for brand promotions with minimal costs with maximum quality and productivity. They should have excellent communication and organizational skills, especially on identifying business opportunities to drive revenues and increase profitability.
Business development analysts and business analyst-consultants have different pay scales, as shown below.
| Business Development Analyst | Business Analyst-Consultant | |
| Average salary | $59,867 | $90,127 |
| Salary range | Between $39,000 And $91,000 | Between $66,000 And $122,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Washington | California |
| Best paying company | Microsoft | BNY Mellon |
| Best paying industry | Technology | Finance |
There are a few differences between a business development analyst and a business analyst-consultant in terms of educational background:
| Business Development Analyst | Business Analyst-Consultant | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business development analysts' and business analyst-consultants' demographics:
| Business Development Analyst | Business Analyst-Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 61.1% Female, 38.9% | Male, 53.1% Female, 46.9% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |