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The differences between business information analysts and contractor-business analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a business information analyst, becoming a contractor-business analyst takes usually requires 4-6 years. Additionally, a contractor-business analyst has an average salary of $87,402, 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 contractor-business analyst are business process, project management, and data analysis.
| Business Information Analyst | Contractor-Business Analyst | |
| Yearly salary | $72,633 | $87,402 |
| Hourly rate | $34.92 | $42.02 |
| Growth rate | 11% | 9% |
| Number of jobs | 198,783 | 147,698 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Average age | 44 | 43 |
| Years of experience | 4 | 6 |
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.
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 information analysts and contractor-business analysts have different pay scales, as shown below.
| Business Information Analyst | Contractor-Business Analyst | |
| Average salary | $72,633 | $87,402 |
| Salary range | Between $53,000 And $98,000 | Between $62,000 And $122,000 |
| Highest paying City | Edison, NJ | - |
| Highest paying state | New Jersey | - |
| Best paying company | Meta | - |
| Best paying industry | Manufacturing | - |
There are a few differences between a business information analyst and a contractor-business analyst in terms of educational background:
| Business Information Analyst | Contractor-Business Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between business information analysts' and contractor-business analysts' demographics:
| Business Information Analyst | Contractor-Business Analyst | |
| Average age | 44 | 43 |
| Gender ratio | Male, 49.7% Female, 50.3% | Male, 50.4% Female, 49.6% |
| 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, 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 | 12% | 8% |