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The differences between business management analysts and senior 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 senior analyst. Additionally, a senior analyst has an average salary of $84,799, 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 senior analyst are analytics, data analysis, and tableau.
| Business Management Analyst | Senior Analyst | |
| Yearly salary | $69,743 | $84,799 |
| Hourly rate | $33.53 | $40.77 |
| Growth rate | 11% | 11% |
| Number of jobs | 203,737 | 159,807 |
| Job satisfaction | - | 5 |
| 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 senior analyst's responsibilities will vary in every organization or industry. However, their primary role is to gain an understanding of a company's strengths and weaknesses. Through this, they can devise strategies and determine new opportunities that would be significant in attaining financial gains and a more substantial client base. Furthermore, it is a senior analyst's responsibility to coordinate with various departments, and even clients, to establish a rapport that will be essential in gaining the needed information to catapult a company to its finest.
Business management analysts and senior analysts have different pay scales, as shown below.
| Business Management Analyst | Senior Analyst | |
| Average salary | $69,743 | $84,799 |
| Salary range | Between $49,000 And $98,000 | Between $63,000 And $112,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | New Jersey |
| Best paying company | Meta | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a business management analyst and a senior analyst in terms of educational background:
| Business Management Analyst | Senior 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 senior analysts' demographics:
| Business Management Analyst | Senior Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.4% Female, 48.6% | Male, 61.8% Female, 38.2% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |