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The differences between business operations analysts and product 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 operations analyst and a product analyst. Additionally, a product analyst has an average salary of $79,316, which is higher than the $63,423 average annual salary of a business operations analyst.
The top three skills for a business operations analyst include provide management, analyze data and shared services. The most important skills for a product analyst are tableau, data analysis, and product management.
| Business Operations Analyst | Product Analyst | |
| Yearly salary | $63,423 | $79,316 |
| Hourly rate | $30.49 | $38.13 |
| Growth rate | 11% | 11% |
| Number of jobs | 208,754 | 176,369 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business operations analyst is an individual who identifies and solves issues related to the performance of the business operations. Together with the management and engineering departments, business operations analysts must analyze and review a vast amount of data to identify business opportunities. They must provide recommendations and updated policies so that they can improve the company's business performance. Business operations analysts are also required to create monthly reports and present them to upper management on their key findings and assessments.
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Business operations analysts and product analysts have different pay scales, as shown below.
| Business Operations Analyst | Product Analyst | |
| Average salary | $63,423 | $79,316 |
| Salary range | Between $44,000 And $89,000 | Between $56,000 And $111,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Meta | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a business operations analyst and a product analyst in terms of educational background:
| Business Operations Analyst | Product Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between business operations analysts' and product analysts' demographics:
| Business Operations Analyst | Product Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.1% American Indian and Alaska Native, 0.2% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |