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The differences between business management analysts and project 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 management analyst and a project analyst. Additionally, a project analyst has an average salary of $71,174, 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 project analyst are project management, data analysis, and customer service.
| Business Management Analyst | Project Analyst | |
| Yearly salary | $69,743 | $71,174 |
| Hourly rate | $33.53 | $34.22 |
| Growth rate | 11% | 11% |
| Number of jobs | 203,737 | 207,513 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| 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 project analyst is responsible for overseeing the development of new projects upon completion of data gathering. A project analyst must provide plans and design the project to its full potential. For this, it is essential to conduct extensive research and coordinate with all staff and departments involved through regular reports and various forms of communication. Furthermore, a project analyst must devise strategies to improve particular projects for it to succeed and achieve better results, all in adherence to the company policies and regulations.
Business management analysts and project analysts have different pay scales, as shown below.
| Business Management Analyst | Project Analyst | |
| Average salary | $69,743 | $71,174 |
| Salary range | Between $49,000 And $98,000 | Between $52,000 And $97,000 |
| Highest paying City | Seattle, WA | Jersey City, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | Meta | |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a business management analyst and a project analyst in terms of educational background:
| Business Management Analyst | Project Analyst | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business management analysts' and project analysts' demographics:
| Business Management Analyst | Project Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.4% Female, 48.6% | Male, 57.7% Female, 42.3% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.7% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |