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The differences between business leaders and requirements managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business leader, becoming a requirements manager takes usually requires 6-8 years. Additionally, a business leader has an average salary of $90,430, which is higher than the $87,310 average annual salary of a requirements manager.
The top three skills for a business leader include analytics, project management and customer service. The most important skills for a requirements manager are java, client facing, and emerging technologies.
| Business Leader | Requirements Manager | |
| Yearly salary | $90,430 | $87,310 |
| Hourly rate | $43.48 | $41.98 |
| Growth rate | 6% | 16% |
| Number of jobs | 117,296 | 64,837 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Average age | 44 | 47 |
| Years of experience | 6 | 8 |
Business Leaders are considered trailblazers in their field. They are innovative thinkers who often introduce solutions to their industry's challenges. They inspire people pursuing careers in their field and even those outside the industry to strive harder and create their paths to success. Employees often look up to Business Leaders, which is why they must be motivating. They also oversee their business operations and often set long-term targets and strategies to achieve these targets. They think outside the box to set their business apart from their competitors.
A Requirements Manager develops and oversees procedures to ensure that projects meet their needs. They focus on identifying project requirements through extensive research and analysis, conceptualizing plans to attain them. There are also instances when they must spearhead product and requirement reviews, identifying their strengths and weaknesses to develop solutions against potential problem areas. Most Requirements Managers manage development teams, leading and encouraging them to reach goals while implementing company standards and regulations for a smooth and efficient workflow.
Business leaders and requirements managers have different pay scales, as shown below.
| Business Leader | Requirements Manager | |
| Average salary | $90,430 | $87,310 |
| Salary range | Between $56,000 And $145,000 | Between $56,000 And $135,000 |
| Highest paying City | New York, NY | - |
| Highest paying state | New York | - |
| Best paying company | Lyft | - |
| Best paying industry | Pharmaceutical | - |
There are a few differences between a business leader and a requirements manager in terms of educational background:
| Business Leader | Requirements Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Carnegie Mellon University |
Here are the differences between business leaders' and requirements managers' demographics:
| Business Leader | Requirements Manager | |
| Average age | 44 | 47 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 66.8% Female, 33.2% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% | Black or African American, 6.8% Unknown, 5.2% Hispanic or Latino, 10.2% Asian, 12.6% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 11% |