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The differences between business management analysts and business analyst-consultants 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 management analyst and a business analyst-consultant. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $69,743 average annual salary of a business management analyst.
The top three skills for a business management analyst include project management, CRM and business analysis. The most important skills for a business analyst-consultant are strong analytical, business process, and data analysis.
| Business Management Analyst | Business Analyst-Consultant | |
| Yearly salary | $69,743 | $90,127 |
| Hourly rate | $33.53 | $43.33 |
| Growth rate | 11% | 11% |
| Number of jobs | 203,737 | 166,560 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business management analyst specializes in conducting economic research and analysis to provide essential data that will help companies to develop better procedures and services. Moreover, their responsibilities typically revolve around evaluating existing processes and systems to look for areas in need of improvement, identifying issues and providing corrective measures, facilitating meetings and presentations, documenting and processing results, and maintaining an accurate record of data and transactions. Furthermore, it is essential to implement all policies and regulations, all while encouraging the team to reach goals and improve performance.
A business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals. A business analyst-consultant helps the development team on strategizing techniques for brand promotions with minimal costs with maximum quality and productivity. They should have excellent communication and organizational skills, especially on identifying business opportunities to drive revenues and increase profitability.
Business management analysts and business analyst-consultants have different pay scales, as shown below.
| Business Management Analyst | Business Analyst-Consultant | |
| Average salary | $69,743 | $90,127 |
| Salary range | Between $49,000 And $98,000 | Between $66,000 And $122,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Washington | California |
| Best paying company | Meta | BNY Mellon |
| Best paying industry | Finance | Finance |
There are a few differences between a business management analyst and a business analyst-consultant in terms of educational background:
| Business Management Analyst | Business Analyst-Consultant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business management analysts' and business analyst-consultants' demographics:
| Business Management Analyst | Business Analyst-Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.4% Female, 48.6% | Male, 53.1% Female, 46.9% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.3% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |