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The differences between business functional analysts and functional 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 functional analyst. Additionally, a functional analyst has an average salary of $96,841, 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 a functional analyst are business process, lifecycle management, and HR.
| Business Functional Analyst | Functional Analyst | |
| Yearly salary | $89,264 | $96,841 |
| Hourly rate | $42.92 | $46.56 |
| Growth rate | 9% | 9% |
| Number of jobs | 116,341 | 52,085 |
| 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.
Functional analysts are professionals specializing in a specific line of business, technology, and industry. They collect information by interviewing managers and employees and studying the company's systems and procedures. They design computer systems that meet business requirements and prepare reports for the managers. Additional duties for this role include installing and configuring new systems, running tests to ensure that specifications are met, and writing user manuals. Functional analysts are also responsible for conducting training on new capabilities to existing end-users.
Business functional analysts and functional analysts have different pay scales, as shown below.
| Business Functional Analyst | Functional Analyst | |
| Average salary | $89,264 | $96,841 |
| Salary range | Between $65,000 And $122,000 | Between $71,000 And $131,000 |
| Highest paying City | Palo Alto, CA | Mountain View, CA |
| Highest paying state | California | New Mexico |
| Best paying company | The Children's Place | Apple |
| Best paying industry | Finance | Retail |
There are a few differences between a business functional analyst and a functional analyst in terms of educational background:
| Business Functional Analyst | Functional Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between business functional analysts' and functional analysts' demographics:
| Business Functional Analyst | Functional Analyst | |
| Average age | 43 | 43 |
| Gender ratio | Male, 49.5% Female, 50.5% | Male, 55.9% Female, 44.1% |
| 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, 10.0% Unknown, 5.0% Hispanic or Latino, 10.8% Asian, 19.5% White, 54.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |