Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business functional analysts and contractor-business analysts 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 a contractor-business analyst. Additionally, a business functional analyst has an average salary of $89,264, which is higher than the $87,402 average annual salary of a contractor-business analyst.
The top three skills for a business functional analyst include java, business process and ERP. The most important skills for a contractor-business analyst are business process, project management, and data analysis.
| Business Functional Analyst | Contractor-Business Analyst | |
| Yearly salary | $89,264 | $87,402 |
| Hourly rate | $42.92 | $42.02 |
| Growth rate | 9% | 9% |
| Number of jobs | 116,341 | 147,698 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| 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.
A contractor-business analyst is responsible for analyzing business processes and strategizing on efficient project management techniques to enhance productivity goals and achieve maximum performance. Contractor-business analysts conduct data and statistical analysis to determine areas of improvement and identify business opportunities that would generate more revenue resources and increase profits. They also review client accounts, measure sales performance, and design solutions by utilizing various software applications and system tools. A contractor-business analyst advises the management of necessary training for the staff to enhance services and close more business partnerships.
Business functional analysts and contractor-business analysts have different pay scales, as shown below.
| Business Functional Analyst | Contractor-Business Analyst | |
| Average salary | $89,264 | $87,402 |
| Salary range | Between $65,000 And $122,000 | Between $62,000 And $122,000 |
| Highest paying City | Palo Alto, CA | - |
| Highest paying state | California | - |
| Best paying company | The Children's Place | - |
| Best paying industry | Finance | - |
There are a few differences between a business functional analyst and a contractor-business analyst in terms of educational background:
| Business Functional Analyst | Contractor-Business Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between business functional analysts' and contractor-business analysts' demographics:
| Business Functional Analyst | Contractor-Business Analyst | |
| Average age | 43 | 43 |
| Gender ratio | Male, 49.5% Female, 50.5% | Male, 50.4% Female, 49.6% |
| 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, 58.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |