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The differences between business planners and business planning analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a business planner, becoming a business planning analyst takes usually requires 2-4 years. Additionally, a business planner has an average salary of $119,250, which is higher than the $75,822 average annual salary of a business planning analyst.
The top three skills for a business planner include data analysis, strong analytical and financial analysis. The most important skills for a business planning analyst are project management, HR, and financial analysis.
| Business Planner | Business Planning Analyst | |
| Yearly salary | $119,250 | $75,822 |
| Hourly rate | $57.33 | $36.45 |
| Growth rate | 4% | 11% |
| Number of jobs | 60,241 | 146,438 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Average age | 42 | 44 |
| Years of experience | 2 | 4 |
A business planner specializes in developing and implementing business plans and procedures. Their job entails conducting extensive research and analyses to identify key business participants, determine the strengths and weaknesses of existing operations, and find new business opportunities. They also perform risk assessments, address potential operational costs, and identify issues and concerns, resolving them promptly and efficiently. Through their research findings, a business planner develops strategies to optimize operations and prevent significant losses when problems arise, helping the company run smoothly and efficiently.
A business planning analyst specializes in performing research and analysis to develop business plans and models, ensuring efficiency and profitability. Their responsibilities revolve around devising strategies to improve existing systems and procedures, coordinating with different departments to gather data, determining areas needing improvement, and identifying new market and sales opportunities. Furthermore, a business planning analyst may perform clerical tasks such as creating presentations, producing progress reports, maintaining records of all research and data, and managing budgets and expenditures.
Business planners and business planning analysts have different pay scales, as shown below.
| Business Planner | Business Planning Analyst | |
| Average salary | $119,250 | $75,822 |
| Salary range | Between $85,000 And $166,000 | Between $57,000 And $100,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | Alaska | New York |
| Best paying company | Pacific Gas and Electric | Meta |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a business planner and a business planning analyst in terms of educational background:
| Business Planner | Business Planning Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between business planners' and business planning analysts' demographics:
| Business Planner | Business Planning Analyst | |
| Average age | 42 | 44 |
| Gender ratio | Male, 58.7% Female, 41.3% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 4.8% Unknown, 4.7% Hispanic or Latino, 12.6% Asian, 9.5% White, 67.6% American Indian and Alaska Native, 0.8% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 13% | 12% |