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The differences between business information analysts and business analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business information analyst and a business analyst. Additionally, a business analyst has an average salary of $74,431, which is higher than the $72,633 average annual salary of a business information analyst.
The top three skills for a business information analyst include data analysis, strong analytical and ad-hoc reports. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Business Information Analyst | Business Analyst | |
| Yearly salary | $72,633 | $74,431 |
| Hourly rate | $34.92 | $35.78 |
| Growth rate | 11% | 9% |
| Number of jobs | 198,783 | 170,514 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Business information analysts evaluate and recommend improvements to the company's information technology systems. They assist in identifying the best technological solutions in analyzing business information and engage in IT projects, from development to execution. They work closely with stakeholders to better understand the company's operational issues and to develop technology systems to resolve them. A business information analyst is also responsible for preparing reports for senior management, facilitating and conducting quality training to customers, and overseeing the database for customer purchase orders.
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 information analysts and business analysts have different pay scales, as shown below.
| Business Information Analyst | Business Analyst | |
| Average salary | $72,633 | $74,431 |
| Salary range | Between $53,000 And $98,000 | Between $53,000 And $103,000 |
| Highest paying City | Edison, NJ | Mountain View, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Meta | The Citadel |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a business information analyst and a business analyst in terms of educational background:
| Business Information Analyst | Business Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between business information analysts' and business analysts' demographics:
| Business Information Analyst | Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 49.7% Female, 50.3% | Male, 53.9% Female, 46.1% |
| Race ratio | Black or African American, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.8% American Indian and Alaska Native, 0.2% | 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 | 12% | 11% |