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The differences between business development associates and business development analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development associate has an average salary of $65,126, which is higher than the $59,867 average annual salary of a business development analyst.
The top three skills for a business development associate include customer service, powerpoint and project management. The most important skills for a business development analyst are business development, market research, and project management.
| Business Development Associate | Business Development Analyst | |
| Yearly salary | $65,126 | $59,867 |
| Hourly rate | $31.31 | $28.78 |
| Growth rate | 10% | 11% |
| Number of jobs | 141,089 | 185,387 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 74% |
| 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.
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.
Business development associates and business development analysts have different pay scales, as shown below.
| Business Development Associate | Business Development Analyst | |
| Average salary | $65,126 | $59,867 |
| Salary range | Between $39,000 And $106,000 | Between $39,000 And $91,000 |
| Highest paying City | Greenwich, CT | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Kirkland & Ellis | Microsoft |
| Best paying industry | Automotive | Technology |
There are a few differences between a business development associate and a business development analyst in terms of educational background:
| Business Development Associate | Business Development Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Northwestern University |
Here are the differences between business development associates' and business development analysts' demographics:
| Business Development Associate | Business Development Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 61.1% Female, 38.9% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |