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The differences between business partners and requirements managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business partner, becoming a requirements manager takes usually requires 6-8 years. Additionally, a business partner has an average salary of $96,324, which is higher than the $87,310 average annual salary of a requirements manager.
The top three skills for a business partner include analytics, project management and customer service. The most important skills for a requirements manager are java, client facing, and emerging technologies.
| Business Partner | Requirements Manager | |
| Yearly salary | $96,324 | $87,310 |
| Hourly rate | $46.31 | $41.98 |
| Growth rate | 10% | 16% |
| Number of jobs | 106,251 | 64,837 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Average age | 39 | 47 |
| Years of experience | 10 | 8 |
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
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 partners and requirements managers have different pay scales, as shown below.
| Business Partner | Requirements Manager | |
| Average salary | $96,324 | $87,310 |
| Salary range | Between $66,000 And $140,000 | Between $56,000 And $135,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | Washington | - |
| Best paying company | ZS | - |
| Best paying industry | Technology | - |
There are a few differences between a business partner and a requirements manager in terms of educational background:
| Business Partner | Requirements Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Carnegie Mellon University |
Here are the differences between business partners' and requirements managers' demographics:
| Business Partner | Requirements Manager | |
| Average age | 39 | 47 |
| Gender ratio | Male, 56.2% Female, 43.8% | Male, 66.8% Female, 33.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | 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% |