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The differences between business functional analysts and analyst leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business functional analyst and an analyst lead. Additionally, an analyst lead has an average salary of $95,264, which is higher than the $89,264 average annual salary of a business functional analyst.
The top three skills for a business functional analyst include java, business process and ERP. The most important skills for an analyst lead are analytics, data analysis, and project management.
| Business Functional Analyst | Analyst Lead | |
| Yearly salary | $89,264 | $95,264 |
| Hourly rate | $42.92 | $45.80 |
| Growth rate | 9% | 9% |
| Number of jobs | 116,341 | 122,353 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A business functional analyst's role focuses on helping companies utilize and implement software and systems in various operations. They conduct initial assessments, gather and analyze data from different departments, perform risk assessments, and create plans for system implementation and integration. They also conduct extensive research and analyses to determine the strengths and weaknesses of existing systems, developing solutions to optimize operations. Moreover, besides performing analytical tasks, a business functional analyst may also provide technical support to staff by troubleshooting complex issues and performing corrective measures when necessary.
The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials. Through the results, an analyst lead can provide advice, devise strategies for business optimization, spearhead the development of processes, identify strengths and weaknesses, and offer recommendations on areas in need of improvement. All of this is done while in adherence to the company's vision and mission.
Business functional analysts and analyst leads have different pay scales, as shown below.
| Business Functional Analyst | Analyst Lead | |
| Average salary | $89,264 | $95,264 |
| Salary range | Between $65,000 And $122,000 | Between $74,000 And $122,000 |
| Highest paying City | Palo Alto, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | The Children's Place | |
| Best paying industry | Finance | Finance |
There are a few differences between a business functional analyst and an analyst lead in terms of educational background:
| Business Functional Analyst | Analyst Lead | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between business functional analysts' and analyst leads' demographics:
| Business Functional Analyst | Analyst Lead | |
| Average age | 43 | 43 |
| Gender ratio | Male, 49.5% Female, 50.5% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 8.8% Unknown, 4.9% Hispanic or Latino, 9.8% Asian, 23.8% White, 52.5% 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, 58.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |