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The differences between business development associates and business analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business analyst has an average salary of $74,431, which is higher than the $65,126 average annual salary of a business development associate.
The top three skills for a business development associate include customer service, powerpoint and project management. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Business Development Associate | Business Analyst | |
| Yearly salary | $65,126 | $74,431 |
| Hourly rate | $31.31 | $35.78 |
| Growth rate | 10% | 9% |
| Number of jobs | 141,089 | 170,514 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
A business development associate's role is to develop strategies to boost a company's sales and overall growth. They are primarily responsible for conducting research and analysis to identify clients' needs, participate in creating business plans and products, and produce progress reports and presentations. A business development associate must also maintain a database of customer information, arrange meetings between clients, coordinate with marketing staff, and assist in negotiations. Furthermore, it is essential to adhere to the policies and standards of the company.
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 development associates and business analysts have different pay scales, as shown below.
| Business Development Associate | Business Analyst | |
| Average salary | $65,126 | $74,431 |
| Salary range | Between $39,000 And $106,000 | Between $53,000 And $103,000 |
| Highest paying City | Greenwich, CT | Mountain View, CA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Kirkland & Ellis | The Citadel |
| Best paying industry | Automotive | Finance |
There are a few differences between a business development associate and a business analyst in terms of educational background:
| Business Development Associate | Business Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Stanford University |
Here are the differences between business development associates' and business analysts' demographics:
| Business Development Associate | Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.5% Female, 45.5% | 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% |